Renovated Duplex with In-Unit
8114 N 11TH STREET Tampa, FL 33604
8114 N 11TH STREET, Tampa, FL, 33604
$300,000
For Sale
$300,000
Newly renovated duplex offers two separate units with individual electric meters and updated HVAC.
Property Size1,457 SF
Price / SF$205.90
Days on Market12
Property Features for 8114 N 11TH STREET
General Information
- Standard status
- Active
- Size
- 1,457 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1922
Listing agency
27NORTH REALTY
(813) 645-4663
Listed by
Naomi Cribbs · License #3495116
Source
Dennisrealty
Added: Jul 11 Updated: Jul 21 at 9:05PM Checked: Jul 22 at 5:20AM
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 27NORTH REALTY
Investment Insights
Based on property information with market context.
This newly renovated duplex includes a spacious 3-bedroom, 1-bath front unit and a 1-bedroom, 1-bath back unit. Updates include luxury vinyl plank flooring throughout, new kitchen cabinets, solid surface countertops, and a new HVAC system. The front unit also features an in-unit laundry room.
The property is configured for separate household billing with electric meters for each unit. Each unit operates independently, supporting straightforward utility management for tenants or an owner-occupant.
For added convenience, the front unit includes in-unit laundry, and both units have been refreshed with recent interior and mechanical improvements.
The property is configured for separate household billing with electric meters for each unit. Each unit operates independently, supporting straightforward utility management for tenants or an owner-occupant.
For added convenience, the front unit includes in-unit laundry, and both units have been refreshed with recent interior and mechanical improvements.
Key Highlights
- 1922‑built renovated duplex with two separate units: a 3‑bedroom, 1‑bath front unit and a 1‑bedroom, 1‑bath back unit
- New HVAC system and luxury vinyl plank flooring throughout
- Updated kitchens with new kitchen cabinets and solid surface countertops
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
NOI $17,007 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$225.9K
$197.7K – $263.5K
NOI $15,812 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$339.4K
$297.0K – $396.0K
NOI $23,761 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Newly renovated duplex offers two separate units with individual electric meters and updated HVAC.
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: 1922‑built renovated duplex with two separate units: a 3‑bedroom, 1‑bath front unit and a 1‑bedroom, 1‑bath back unit; New HVAC system and luxury vinyl plank flooring throughout; Updated kitchens with new kitchen cabinets and solid surface countertops
