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Renovated Duplex Investment

8114 N 11TH Street Tampa, FL 33604

8114 N 11TH Street, Tampa, FL, 33604
$300,000
For Sale
$300,000

MULTI_FAMILY - TAMPA, FL

Property Size1,457 SF
Lot Size0.11 Acres
Price / SF$205.90
Days on Market15

Property Features for 8114 N 11TH Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RS-50
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 2, Laundry Room, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 3
Window features
Blinds
Interior features
Ceiling Fans(s), Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat
Exterior features
Fence
Fencing
Fenced
Fireplace
1
Appliances
Dryer, Microwave, Range, Refrigerator, Washer
Standard status
Active
APN
A-30-28-19-45M-000044-00012.0
Size
1,457 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
SULPHUR SPRINGS ADDITION LOT 12 BLOCK 44
Tax Annual Amount
3729

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1922
Floors in Building
1
Flooring type
Vinyl
Building materials
Frame, Wood Siding
Roof type
Shingle
Listing agency 27NORTH REALTY
Listed by Naomi Cribbs
Added: Jul 8 Updated: Jul 21 at 8:43PM Checked: Jul 22 at 2:06AM
MLS# TB8522781

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 newly renovated duplex offers two residential units with separate electric meters. The front unit features three bedrooms, one bathroom, and includes an in-unit laundry room. The back unit is a one-bedroom, one-bathroom layout. Recent updates include luxury vinyl plank flooring throughout, new kitchen cabinets, solid surface countertops, and a new HVAC system.

The property is located in Tampa, Florida, within Hillsborough County, and is zoned RS-50. The lot size is listed at 0.11 acres, and the total property size is 1,457 square feet.

As configured, the building provides two separate households or tenants with independent electric billing, along with interior updates across both units.

Key Highlights

  • Newly renovated duplex with a 3‑bedroom, 1‑bath front unit and a 1‑bedroom, 1‑bath back unit
  • Front unit includes in‑unit laundry; both units have separate electric meters
  • Recent updates include new HVAC system and luxury vinyl plank flooring throughout

Local 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 $26.1k $17.88
− Vacancy −$1.8k −$1.21
EGI $24.3k $16.67
− OpEx −$7.3k −$5.00
NOI $17.0k $11.67
1,457 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$243.0K
$212.6K – $283.5K (±1% cap)
NOI $17,007 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$225.9K
$197.7K – $263.5K (±1% cap)
NOI $15,812 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$339.4K
$297.0K – $396.0K (±1% cap)
NOI $23,761 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Real Estate Agency Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Parking Lot & Garage Veterinary Clinic (Bike/Boat/Book/etc) Store Tanning Salon Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Newly renovated duplex with separate electric meters and two units, including in-unit laundry for the front unit.
Where is this duplex located?
The property is located at 8114 N 11TH Street Tampa, FL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Newly renovated duplex with a 3‑bedroom, 1‑bath front unit and a 1‑bedroom, 1‑bath back unit; Front unit includes in‑unit laundry; both units have separate electric meters; Recent updates include new HVAC system and luxury vinyl plank flooring throughout
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