Concrete Block
New
For Sale
$425,000
4420 N CLARK, Tampa, FL 33614
Three one-bedroom units are configured within an industrial-zoned property in Tampa.
Property Size1,534 SF
Days on Market2
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Property Features for 4420 N CLARK
General Information
Standard status
Active
Size
1,534 SF
Property subtype
Investment
Zoning
IG
Units
Unit Mix
3 x 1BR/1BA
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
(678) 283-7928
Source:
Elliman
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 2:22AM
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 Tampa triplex contains three one-bedroom, one-bathroom units in a concrete block building constructed in 1958. Two units are occupied, and the remaining unit is vacant. The property is zoned IG (Industrial General). A water heater was installed in 2023; the roof is described as being in fair condition.
The property is near Raymond James Stadium, George M. Steinbrenner Field, Tampa International Airport, and Hillsborough Community College. Walk Score is 80, Bike Score is 50, and Transit Score is 37.
The property is near Raymond James Stadium, George M. Steinbrenner Field, Tampa International Airport, and Hillsborough Community College. Walk Score is 80, Bike Score is 50, and Transit Score is 37.
Key Highlights
- Three 1‑bedroom, 1‑bathroom units
- Two units occupied; one unit vacant
- Concrete block construction; built in 1958
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
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
978
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three one-bedroom units are configured within an industrial-zoned property in Tampa.
Where is this triplex located?
The property is located at 4420 N CLARK 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 units; Two units occupied; one unit vacant; Concrete block construction; built in 1958
