Well-Maintained Triplex with 2/1
7517 LAKESHORE DRIVE A Tampa, FL 33604
For Sale
$559,000
Well maintained triplex with three units, each offering 2 bedrooms and 1 bathroom.
Property Size2,130 SF
Price / SF$262.44
Days on Market586
Property Features for 7517 LAKESHORE DRIVE A
General Information
- Standard status
- Active
- Size
- 2,130 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1983
Listing Agency:
FLORIDA REALTY
(813) 546-1954
Listed By:
Ainsley Daux PA · License #3133988
(813) 546-1954
Source:
Exitrealty
Added: Dec 16, 2024
Changed: Jul 23
Last Checked: Jul 25 at 5:01AM
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 FLORIDA REALTY
Investment Insights
Based on property information with market context.
This well-maintained triplex features three separate units, and each unit is configured with 2 bedrooms and 1 bathroom. It is offered for sale as a centrally located residential income property.
The property is situated at 7517 Lakeshore Drive A in Tampa, Florida.
With consistent unit layouts across all three units, the building offers an straightforward income-producing configuration for investors seeking a multi-unit residential asset.
The property is situated at 7517 Lakeshore Drive A in Tampa, Florida.
With consistent unit layouts across all three units, the building offers an straightforward income-producing configuration for investors seeking a multi-unit residential asset.
Key Highlights
- Well maintained triplex with three units
- Each unit features 2 bedrooms and 1 bathroom
- Built in 1983
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 | $38.1k | $17.88 |
| − Vacancy | −$2.6k | −$1.21 |
| EGI | $35.5k | $16.67 |
| − OpEx | −$10.7k | −$5.00 |
| NOI | $24.9k | $11.67 |
2,130 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$355.2K
$310.8K – $414.4K
NOI $24,862 @ 7.0% cap · market cap 4.45%
Second Best
Apartment 5plus
$330.2K
$289.0K – $385.3K
NOI $23,116 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$496.2K
$434.2K – $578.9K
NOI $34,736 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Well maintained triplex with three units, each offering 2 bedrooms and 1 bathroom.
Where is this triplex located?
The property is located at 7517 LAKESHORE DRIVE A Tampa, FL.
What is the asking price?
The asking price for this property is $559,000.
What are key features of this property?
This property features: Well maintained triplex with three units; Each unit features 2 bedrooms and 1 bathroom; Built in 1983
