Tampa Multi-Family Income
8413 N HAMNER AVENUE Tampa, FL 33604
8413 N HAMNER AVENUE, Tampa, FL, 33604
$995,000
For Sale
$995,000
Multi-Family 5+ - TAMPA, FL
Property Size3,309 SF
Lot Size0.26 Acres
Price / SF$300.70
Days on Market318
Property Features for 8413 N HAMNER AVENUE
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- RS-60
- Standard status
- Active
- APN
- A-24-28-18-3EO-000003-00033.0
- Size
- 3,309 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3823
Utilities
- Heating system
- Central, Ductless (Heating)
- Cooling system
- Central Air, Ductless, Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1947
- Number of units
- 10
- Building materials
- Frame
- Roof type
- Metal
- Architectural style
- Other
Listing Agency
KELLER WILLIAMS TAMPA PROP.
(813) 264-7754
5020 W Linebaugh Ave Ste 100, Tampa, FL
Listed by
Alexander Lucke · License #3351552
(727) 410-2896
Added: Sep 3, 2025 Checked: Jul 17 at 2:06 pm
MLS# TB8424013
Listing URL
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 is a fully occupied 10-unit income property located in central Tampa. The property consists of a 2-bedroom/1-bath home, an attached 1-bedroom/1-bath unit, and eight private studio apartments, each with its own kitchen and bathroom. Most units have been updated. The property has a consistent occupancy history and serves the area’s continued demand for affordable rental housing. Building systems include a combination of metal and shingle roofing, multiple HVAC types (central air, mini-splits, and wall units), and installed leak-detection devices throughout the units. The property offers immediate cash flow with additional upside potential through operational efficiencies, rent adjustments over time, and the future addition of on-site laundry income. The lot size is 0.26 acres and the property size is 3309 square feet. The zoning is RS-60. Centrally located with convenient access to major roadways, employment centers, and neighborhood retail, the property benefits from steady tenant demand.
Key Highlights
- Fully occupied 10‑unit income property generating immediate rental income.
- Unique layout with a mix of unit types: 2‑bedroom, 1‑bedroom, and eight studio apartments, each with a private kitchen and bathroom.
- Most units have been updated, minimizing near‑term capital improvement needs.
Local Financial Insights For Apartment 5plus
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 | $70.3k | $21.24 |
| − Vacancy | −$5.0k | −$1.51 |
| EGI | $65.3k | $19.73 |
| − OpEx | −$29.4k | −$8.88 |
| NOI | $35.9k | $10.85 |
3,309 SF · lease $21.24/SF/yr · vacancy 7.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$513.0K
$448.9K – $598.5K
NOI $35,911 @ 7.0% cap · market cap 3.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$770.9K
$674.5K – $899.4K
NOI $53,963 @ 7.0% cap · market cap 5.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Fully occupied 10-unit property with immediate rental income.
Where is this apartment building located?
The property is located at 8413 N HAMNER AVENUE Tampa, FL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Fully occupied 10‑unit income property generating immediate rental income.; Unique layout with a mix of unit types: 2‑bedroom, 1‑bedroom, and eight studio apartments, each with a private kitchen and bathroom.; Most units have been updated, minimizing near‑term capital improvement needs.
