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Brick Duplex with Two Entrances

5205 N CENTRAL AVENUE Tampa, FL 33603

5205 N CENTRAL AVENUE, Tampa, FL, 33603
$995,000
For Sale
$995,000

Half Duplex - TAMPA, FL

Property Size3,088 SF
Lot Size0.15 Acres
Price / SF$322.22
Days on Market67

Property Features for 5205 N CENTRAL AVENUE

General Information

Property type
Residential
Property subtype
Duplex
Zoning
SH-RS
Bedrooms
5
Bathrooms
4
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Living Room
Parking features
Garage
Pets allowed
Yes
Interior features
Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
Exterior features
Dog Run, Garden, Private Mailbox, Sidewalk
Appliances
Dishwasher, Dryer, Freezer, Garbage Disposer, Microwave, Range, Refrigerator, Washer
Standard status
Active
APN
A-01-29-18-4FY-000003-00003.0
Size
3,088 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
8272

Utilities

Heating system
Electric (Heating)
Cooling system
Central Air

Building Details

Year built
1928
Flooring type
Tile, Wood
Building materials
Brick
Roof type
Metal
Architectural style
Other
Additional Structures
Kennel/Dog Run
Listing Agency BEYCOME OF FLORIDA LLC
400 NW 26th Street, Miami, FL
Listed by Steven Koleno · License #3469487
Added: May 14 Checked: Jul 19 at 10:06 am
MLS# O6408073 Listing URL

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This two-story brick duplex includes two updated units with original charm. The downstairs unit is a 2/2 with a den or dining room, and the upstairs unit is a 3/2. Each unit is approximately 1,544 square feet and has its own separate entrance, air conditioner, electric meter, and washer and dryer.

The property includes a two-car brick garage and a large driveway. Set on an approximately 0.15-acre lot, it is zoned SH-RS.

Both units are individually metered and equipped with their own laundry, supporting straightforward, tenant-friendly operations within the single duplex building.

Key Highlights

  • Two‑story brick duplex built in 1928, offering 2 separate units with separate entrances
  • 3,088 SF total; each unit is 1,544 SF with in‑unit washers/dryers
  • Downstairs unit is a 2 bed/2 bath with a den/dining room

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $55.2k $17.88
− Vacancy −$3.7k −$1.21
EGI $51.5k $16.67
− OpEx −$15.4k −$5.00
NOI $36.0k $11.67
3,088 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$514.9K
$450.6K – $600.7K (±1% cap)
NOI $36,044 @ 7.0% cap · market cap 3.62%
Second Best
Apartment 5plus
$478.8K
$418.9K – $558.6K (±1% cap)
NOI $33,513 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$719.4K
$629.5K – $839.3K (±1% cap)
NOI $50,359 @ 7.0% cap · market cap 5.06%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Dental Office (Bike/Boat/Book/etc) Store Travel Agency Pet Grooming Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Butcher (Bike/Boat/Book/etc) Store Fish Market

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-story brick duplex offers two separate units with independent entrances, air conditioning, meters, and in-unit laundry.
Where is this duplex located?
The property is located at 5205 N CENTRAL AVENUE Tampa, FL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Two‑story brick duplex built in 1928, offering 2 separate units with separate entrances; 3,088 SF total; each unit is 1,544 SF with in‑unit washers/dryers; Downstairs unit is a 2 bed/2 bath with a den/dining room
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