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Renovated Duplex
For Sale
$530,000

7711 AMHERST ST, Tampa, FL 33625

Two three-bedroom residences offer updated interiors, private outdoor space, and flexible income-producing use.

Property Size1,512 SF
Price / SF$350.53
Days on Market134

Property Features for 7711 AMHERST ST

General Information

Standard status Active
Size 1,512 SF
Property subtype Duplex

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $6,879

Building Details

Building Size 1,512 SF
Year Built 1986
Listing Agency: EXP REALTY LLC
Listed By: Tanner Tillung · License #3373651
Source: Stationsquarerealty
Added: Jun 4 Changed: Oct 4 Last Checked: Oct 13 at 1:44AM

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

Investment Insights

Based on property information with market context.

This duplex contains two residences, each with three bedrooms and one bathroom, within a 1,512 SF property built in 1986. Both units have remodeled kitchens with updated appliances, renovated bathrooms, refreshed flooring, and contemporary fixtures. The property also includes dual HVAC systems, upgraded electrical and plumbing, a new roof, whole-house water filtration, and enhanced landscaping.

A fully fenced backyard provides enclosed outdoor space for the property. The address is 7711 Amherst St in Tampa, FL 33625, with shopping, dining, entertainment, parks, and major commuter routes identified in the surrounding area. The two-unit configuration supports rental ownership or occupancy of one residence alongside the other.

Key Highlights

  • Duplex with two residences, each offering 3 bedrooms and 1 bathroom
  • 1,512 SF property built in 1986
  • New roof plus updated electrical and plumbing systems

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,649
Cap Rate
3.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,980 $353.0K
Cap Rate 7%
$252,129 $252.1K
Cap Rate 9%
$196,100 $196.1K
Market Conditions
NOI Build-Up for 1,512 SF
Gross rent
$27.0K $17.88/SF
− Vacancy
−$1.8K −$1.21/SF
EGI
$25.2K $16.67/SF
− OpEx
−$7.6K −$5.00/SF
NOI
$17.6K $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%
$352,980
Cap Rate 7%
$252,129
Cap Rate 9%
$196,100

Alternative Uses

Best Use
Multifamily LT 5
$252.1K
$220.6K – $294.2K (±1% cap)
NOI $17,649 @ 7.0% cap · market cap 3.33%
Second Best
Apartment 5plus
$234.4K
$205.1K – $273.5K (±1% cap)
NOI $16,409 @ 7.0% cap · market cap 3.10%
Theoretical Best
Office A
$352.3K
$308.2K – $411.0K (±1% cap)
NOI $24,658 @ 7.0% cap · market cap 4.65%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Big Box & Wholesale Store Electrical Service HVAC Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

506
Businesses Nearby

Demographics for 33625, FL

28,704
Population
12,025
Households
2.4
Avg Household Size
40
Median Age
38%
College-Educated
93%
High-School Grad
9.0 sq mi
ZIP Area
3,189
Density / Sq Mi
$83,907
Median Household Income
$46,483
Median Earnings
$1,797
Median Rent
$341,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom residences offer updated interiors, private outdoor space, and flexible income-producing use.
Where is this duplex located?
The property is located at 7711 AMHERST ST Tampa, FL.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Duplex with two residences, each offering 3 bedrooms and 1 bathroom; 1,512 SF property built in 1986; New roof plus updated electrical and plumbing systems
More about this property
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