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Detached-Home Triplex

701 W PLAZA PLACE, Tampa, FL 33602

For Sale
New
$1,349,900

Three remodeled residences are leased through July 31, 2027.

Property Size2,347 SF
Price / SF$575.16
Days on Market5

Property Features for 701 W PLAZA PLACE

General Information

Standard status Active
Size 2,347 SF
Property subtype Triplex
Occupancy 100%

Site & Location

Neighborhood Riverside Heights Civic Association

Units

Unit Mix 1 x 4BR/2BA, 1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 3
Individually Metered Utilities electricity

Additional Details

Tenant in Place Yes

Amenities

0.2 acres, Dimensions: 140x64
Shingle
Public Sewer
Additional parcels description:, Parcel Number: A-11-29-18-4QH-000000-00007.0, Public Survey Range: 18, Public Survey Section: 11, Annual Amount: $7,846.02, Tax Block: 00, Tax Book Number: 10-5, Legal Description: LOGAN'S SUBDIVISION LOT 7, Lot: 7, Year: 2026, Zoning: RS-50
Tile, Vinyl
Central Air, Mini-Split Unit(s)
Central, Electric
Inside, Laundry Closet, Laundry Room
Listing ID: MFRTB8563797, Standard Status: Active, MLS Status: Active, Property Subtype: Triplex, On market as of 2026-11-03, 1 day on market, Special Conditions: None
Driveway, On Street, Parking Pad
7 total bedrooms
Built in 1948, Living area: 2347, Living area units: Square Feet, Construction Materials: Cement Siding, Frame
Subdivision: TAMPA HEIGHTS, MLS Area (Major): 33602 - Tampa, County/Parish: Hillsborough
4 total bathrooms
Cable Connected, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected, Water Source: Public
Crawlspace, Slab
Allowed: Yes
Electricity
Energy Efficiency: Insulation, Lighting, Windows, Indoor Air Quality: HVAC Filter MERV 8+
Patio/Porch Features: Front Porch, Patio, Fence, Lighting
Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Thermostat, Window Treatments
Fire Alarm, Security Lights, Security System Owned, Smoke Detector(s)
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer

Building Details

Year Built 1948
Buildings 3
Tenancy Multi
Listing Agency: HOMECOIN.COM
Listed By: Jonathan Minerick · License #3477996
Source: Miharaandassociates
Added: Nov 3 Changed: Nov 6 Last Checked: Nov 6 at 10:09AM

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 HOMECOIN.COM

Rey
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Investment Insights

Based on property information with market context.

This 2,347-square-foot triplex comprises three detached homes built in 1948 and since remodeled. The residences have a 4-bedroom, 2-bathroom layout, a 1-bedroom, 1-bathroom layout, and a 2-bedroom, 1-bathroom layout. Each has a separate electric meter and a dedicated main water line. The property currently uses one shared water meter; adding two more meters would require utility approval.

At 701 W Plaza Place in Tampa’s Riverside Heights, the property offers access to Armature Works, the Tampa Riverwalk, Downtown Tampa, and the University of Tampa. All three homes are leased through July 31, 2027.

Key Highlights

  • Three detached homes totaling 2,347 square feet
  • Unit mix: 4‑bedroom/2‑bathroom, 1‑bedroom/1‑bathroom, and 2‑bedroom/1‑bathroom homes
  • All three residences are leased through July 31, 2027

Property Analytics

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Open Analytics

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

825
Businesses Nearby

Demographics for 33602, FL

19,936
Population
11,972
Households
1.7
Avg Household Size
36
Median Age
61%
College-Educated
92%
High-School Grad
2.6 sq mi
ZIP Area
7,668
Density / Sq Mi
$88,569
Median Household Income
$66,434
Median Earnings
$2,119
Median Rent
$560,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Triplexes in Tampa, FL

$485 Jul
$494 Aug
$459 Sep
$441 Oct

Properties on Market for Triplexes in Tampa

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three remodeled residences are leased through July 31, 2027.
Where is this triplex located?
The property is located at 701 W PLAZA PLACE Tampa, FL.
What is the asking price?
The asking price for this property is $1,349,900.
What are key features of this property?
This property features: Three detached homes totaling 2,347 square feet; Unit mix: 4‑bedroom/2‑bathroom, 1‑bedroom/1‑bathroom, and 2‑bedroom/1‑bathroom homes; All three residences are leased through July 31, 2027
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