Updated
5202 N 45TH STREET, Tampa, FL 33610
For Sale
New
$325,000
Both residences have separate entrances, new kitchens, refreshed bathrooms, and current occupancy under one-year leases.
Property Size1,404 SF
Price / SF$231.48
Days on Market7
Property Features for 5202 N 45TH STREET
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Neighborhood
Highway Access
Additional Details
Multifamily Units
Tenant in Place
Building Details
Year Built
Tenancy
Listing Agency:
EXCLUSIVE HOMES REALTY, INC.
Listed By:
Betty Larralde · License #3112033
(813) 843-7766
Source:
Dennisrealty
Added: Oct 31
Changed: Nov 6
Last Checked: Nov 6 at 10:27AM
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 EXCLUSIVE HOMES REALTY, INC.
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Investment Insights
Based on property information with market context.
This 1,404-square-foot duplex, built in 1974, contains two occupied units, each with a private entrance. Both residences have new kitchens, updated bathrooms, and fresh interior and exterior paint. The property also has a roof installed in 2024 and AC units.
The property is in Tampa, near major highways, shopping, dining, and downtown Tampa. Each unit is leased through December 2026.
The property is in Tampa, near major highways, shopping, dining, and downtown Tampa. Each unit is leased through December 2026.
Key Highlights
- Two occupied units with individual entrances
- 1,404 square feet; built in 1974
- New kitchens and updated bathrooms in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,388
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,760
$327.8K
Cap Rate 7%
$234,114
$234.1K
Cap Rate 9%
$182,089
$182.1K
Market Conditions
NOI Build-Up for 1,404 SF
Gross rent
$25.1K $17.88/SF
− Vacancy
−$1.7K −$1.21/SF
EGI
$23.4K $16.67/SF
− OpEx
−$7.0K −$5.00/SF
NOI
$16.4K $11.67/SF
Area
ZIP 33610
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%
$327,760
Cap Rate 7%
$234,114
Cap Rate 9%
$182,089
Alternative Uses
Best Use
Multifamily LT 5
$234.1K
$204.9K – $273.1K
NOI $16,388 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$204.1K
$178.6K – $238.2K
NOI $14,290 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$323.8K
$283.3K – $377.8K
NOI $22,667 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
670
Businesses Nearby
Explore this area
Business Placement
Demographics for 33610, FL
45,218
Population
17,995
Households
2.5
Avg Household Size
34
Median Age
19%
College-Educated
82%
High-School Grad
18.0 sq mi
ZIP Area
2,512
Density / Sq Mi
$49,765
Median Household Income
$34,773
Median Earnings
$1,307
Median Rent
$210,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Tampa, FL
Properties on Market for Duplexes in Tampa
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have separate entrances, new kitchens, refreshed bathrooms, and current occupancy under one-year leases.
Where is this duplex located?
The property is located at 5202 N 45TH STREET Tampa, FL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two occupied units with individual entrances; 1,404 square feet; built in 1974; New kitchens and updated bathrooms in both units
