Furnished Duplex with Pond
For Sale
$915,000
6602 S SHERRILL ST, Tampa, FL 33616
Two separate residences combine flexible occupancy, updated finishes, outdoor space, and convenient access to parks, beaches, and Tampa destinations.
Property Size3,000 SF
Days on Market54
Property Features for 6602 S SHERRILL ST
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$14,984
Building Details
Building Size
3,000 SF
Year Built
2020
Listing Agency:
EXP REALTY LLC
Listed By:
Martha Smith · License #3552576
(813) 760-5996
Source:
Judibeck
Added: Aug 25
Changed: Oct 10
Last Checked: Oct 16 at 2:58PM
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 EXP REALTY LLC
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Investment Insights
Based on property information with market context.
This 2020 duplex at 6602 S Sherrill Street in Tampa contains two matching, fully furnished residences totaling 3,000 square feet. Each side includes two primary bedrooms with ensuite bathrooms, open living areas, a kitchen with quartz countertops, a center island, and stainless steel appliances. The units have no shared walls and feature wood-look vinyl flooring, large windows, French doors, and wood decks. An exterior elevator lift adds convenience, while the lot provides parking for cars, boats, or RVs.
The property sits near Tappan Tract Park and Robinson High School, with Flavor of Tampa Bay less than 2 miles away. Davis Beach and Picnic Island Beach are approximately 15 minutes away, and downtown Tampa, St. Petersburg, and Tampa International Airport are accessible from the property. The layout supports leasing both residences, occupying one while renting the other, or accommodating extended family. There are no HOA or CDD fees, and the lot has room for a pool, fire pit, or pickleball court.
The property sits near Tappan Tract Park and Robinson High School, with Flavor of Tampa Bay less than 2 miles away. Davis Beach and Picnic Island Beach are approximately 15 minutes away, and downtown Tampa, St. Petersburg, and Tampa International Airport are accessible from the property. The layout supports leasing both residences, occupying one while renting the other, or accommodating extended family. There are no HOA or CDD fees, and the lot has room for a pool, fire pit, or pickleball court.
Key Highlights
- Two matching residences totaling 3,000 square feet
- Built in 2020 at 6602 S Sherrill Street, Tampa, FL 33616
- Each unit has two primary bedrooms with ensuite bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,017
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$700,340
$700.3K
Cap Rate 7%
$500,243
$500.2K
Cap Rate 9%
$389,078
$389.1K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$53.6K $17.88/SF
− Vacancy
−$3.6K −$1.21/SF
EGI
$50.0K $16.67/SF
− OpEx
−$15.0K −$5.00/SF
NOI
$35.0K $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 Rate 5%
$700,340
Cap Rate 7%
$500,243
Cap Rate 9%
$389,078
Alternative Uses
Best Use
Multifamily LT 5
$500.2K
$437.7K – $583.6K
NOI $35,017 @ 7.0% cap · market cap 3.83%
Second Best
Apartment 5plus
$465.1K
$407.0K – $542.6K
NOI $32,558 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$698.9K
$611.6K – $815.4K
NOI $48,924 @ 7.0% cap · market cap 5.35%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
163
Businesses Nearby
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Business Placement
Demographics for 33616, FL
14,802
Population
7,068
Households
2.1
Avg Household Size
36
Median Age
47%
College-Educated
96%
High-School Grad
3.9 sq mi
ZIP Area
3,795
Density / Sq Mi
$88,971
Median Household Income
$54,946
Median Earnings
$1,794
Median Rent
$369,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences combine flexible occupancy, updated finishes, outdoor space, and convenient access to parks, beaches, and Tampa destinations.
Where is this duplex located?
The property is located at 6602 S SHERRILL ST Tampa, FL.
What is the asking price?
The asking price for this property is $915,000.
What are key features of this property?
This property features: Two matching residences totaling 3,000 square feet; Built in 2020 at 6602 S Sherrill Street, Tampa, FL 33616; Each unit has two primary bedrooms with ensuite bathrooms
