Renovated
For Sale
Under Contract
$325,000
5320 E 14TH Avenue, Tampa, FL 33619
Residential Income, TAMPA, FL
Property Size1,750 SF
Lot Size0.22 Acres
Price / SF$185.71
Days on Market39
Property Features for 5320 E 14TH Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RM-16
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
Window features
Blinds
Pets allowed
Yes
Interior features
Ceiling Fans(s), Open Floorplan, Thermostat
Exterior features
Sidewalk
Appliances
Microwave, Range, Refrigerator
Subdivision
LONGS SUB
Elementary school
Oak Park-HB
Middle school
Mann-HB
High school
Blake-HB
Directions
From Tampa International Airport, exit the airport and follow signs to FL-60 E (Memorial Highway) toward Tampa. Merge onto I-275 North, then take Exit 45B to merge onto I-4 East toward Orlando. Take Exit 2 for 50th Street (US-41) and turn right (south) onto N 50th Street. Turn left onto E 14th Avenue. Continue to 5320 E 14th Ave, Units A & B, which will be on your left.
Standard status
Active Under Contract
APN
A-15-29-19-4CT-000002-00012.0
Size
1,750 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LONG'S SUBDIVISION LOT 12 BLOCK 2
Tax Annual Amount
4705
Legal Description
LONG'S SUBDIVISION LOT 12 BLOCK 2
Utilities
Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
fenced backyards
Building Details
Year built
1985
Floors in Building
1
Flooring type
Tile, Vinyl
Building materials
Stucco
Roof type
Shingle
Listing Agency:
COMPASS FLORIDA LLC
(727) 380-2067
Listed By:
Kim Meredith-Hampton · License #261015298
(407) 448-6679
Added: Jul 24
Changed: Aug 20
Last Checked: Aug 31 at 8:06PM
MLS# TB8526785
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 1,750-square-foot duplex contains two 2-bedroom, 1-bathroom residences, offering a practical configuration for rental use or owner occupancy. One unit has been renovated with shaker-style cabinetry, stainless steel appliances, luxury vinyl plank flooring, tile, fresh paint, and updated finishes. Both residences have functional layouts and fully fenced backyards. Central air, electric heat, ceiling fans, open floor plans, and public water are included, while the property is served by a septic tank. The seller will install a new A/C unit in Unit A before closing.
Built in 1985, the property occupies 0.22 acres and features stucco construction, a shingle roof, and sidewalk frontage. Its Tampa location provides access to Interstate 4, shopping, dining, and major commuter routes. RM-16 zoning and the two-unit layout support the property's established duplex configuration.
Built in 1985, the property occupies 0.22 acres and features stucco construction, a shingle roof, and sidewalk frontage. Its Tampa location provides access to Interstate 4, shopping, dining, and major commuter routes. RM-16 zoning and the two-unit layout support the property's established duplex configuration.
Key Highlights
- Two 2‑bedroom, 1‑bathroom units in a duplex configuration
- 1,750 square feet on a 0.22‑acre lot
- One unit recently renovated with shaker cabinets, stainless appliances, LVP flooring, tile, paint, and modern finishes
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,427
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$408,540
$408.5K
Cap Rate 7%
$291,814
$291.8K
Cap Rate 9%
$226,967
$227.0K
Market Conditions
NOI Build-Up for 1,750 SF
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.
Gross rent
$31.3K $17.88/SF
− Vacancy
−$2.1K −$1.21/SF
EGI
$29.2K $16.67/SF
− OpEx
−$8.8K −$5.00/SF
NOI
$20.4K $11.67/SF
Area
Tampa, FL
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$408,540
Cap Rate 7%
$291,814
Cap Rate 9%
$226,967
Alternative Uses
Best Use
Multifamily LT 5
$291.8K
$255.3K – $340.5K
NOI $20,427 @ 7.0% cap · market cap 6.29%
Second Best
Apartment 5plus
$271.3K
$237.4K – $316.5K
NOI $18,992 @ 7.0% cap · market cap 5.84%
Theoretical Best
Office A
$407.7K
$356.7K – $475.7K
NOI $28,539 @ 7.0% cap · market cap 8.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
481
Businesses Nearby
Explore this area
Business Placement
Demographics for 33619, FL
39,881
Population
15,360
Households
2.6
Avg Household Size
35
Median Age
23%
College-Educated
83%
High-School Grad
27.5 sq mi
ZIP Area
1,450
Density / Sq Mi
$63,193
Median Household Income
$38,448
Median Earnings
$1,618
Median Rent
$220,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two two-bedroom units include fenced outdoor areas, with one residence recently updated for immediate occupancy.
Where is this duplex located?
The property is located at 5320 E 14TH Avenue 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 2‑bedroom, 1‑bathroom units in a duplex configuration; 1,750 square feet on a 0.22‑acre lot; One unit recently renovated with shaker cabinets, stainless appliances, LVP flooring, tile, paint, and modern finishes
