3-Unit Concrete-Block
New
For Sale
$425,000
4420 N CLARK AVE, Tampa, FL 33614
Two apartments are occupied, while the third is vacant and available for a new tenant.
Property Size1,534 SF
Days on Market3
Property Features for 4420 N CLARK AVE
General Information
Standard status
Active
Size
1,534 SF
Property subtype
Triplex
Zoning
IG
Units
Unit Mix
3 x 1/1
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$3,819
Building Details
Building Size
1,534 SF
Year Built
1958
Construction
concrete block
Listing Agency:
PALLADIUM INVESTMENTS INC
Listed By:
Matthew Brown · License #3589683
(561) 329-8702
Source:
Judibeck
Added: Oct 13
Changed: Oct 15
Last Checked: Oct 14 at 11:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PALLADIUM INVESTMENTS INC
Investment Insights
Based on property information with market context.
This 1,534-square-foot triplex was built in 1958 and has concrete-block construction. The property contains three one-bedroom, one-bathroom apartments; two are occupied and one is vacant. The building is zoned IG (Industrial General). Buyers should verify zoning, permitted uses, legal unit count, and any nonconforming-use status with the City of Tampa.
The property is near Raymond James Stadium, George M. Steinbrenner Field, Tampa International Airport, and Hillsborough Community College. A water heater was installed in 2023.
The property is near Raymond James Stadium, George M. Steinbrenner Field, Tampa International Airport, and Hillsborough Community College. A water heater was installed in 2023.
Key Highlights
- Three 1‑bedroom, 1‑bathroom apartments
- 1,534 square feet; built in 1958
- Concrete‑block construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,905
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,100
$358.1K
Cap Rate 7%
$255,786
$255.8K
Cap Rate 9%
$198,944
$198.9K
Market Conditions
NOI Build-Up for 1,534 SF
Gross rent
$27.4K $17.88/SF
− Vacancy
−$1.8K −$1.21/SF
EGI
$25.6K $16.67/SF
− OpEx
−$7.7K −$5.00/SF
NOI
$17.9K $11.67/SF
Area
ZIP 33614
Vacancy
6.74%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,100
Cap Rate 7%
$255,786
Cap Rate 9%
$198,944
Alternative Uses
Best Use
Multifamily LT 5
$255.8K
$223.8K – $298.4K
NOI $17,905 @ 7.0% cap · market cap 4.21%
Second Best
Apartment 5plus
$201.5K
$176.4K – $235.1K
NOI $14,108 @ 7.0% cap · market cap 3.32%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,119
Businesses Nearby
Explore this area
Business Placement
Demographics for 33614, FL
47,695
Population
19,660
Households
2.4
Avg Household Size
39
Median Age
23%
College-Educated
78%
High-School Grad
9.7 sq mi
ZIP Area
4,917
Density / Sq Mi
$51,143
Median Household Income
$31,350
Median Earnings
$1,399
Median Rent
$295,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Two apartments are occupied, while the third is vacant and available for a new tenant.
Where is this triplex located?
The property is located at 4420 N CLARK AVE Tampa, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Three 1‑bedroom, 1‑bathroom apartments; 1,534 square feet; built in 1958; Concrete‑block construction
