Duplex with Updated
For Sale
$390,000
8604 N BRANCH Avenue, Tampa, FL 33604
Residential, TAMPA, FL
Property Size1,296 SF
Lot Size0.11 Acres
Price / SF$300.93
Days on Market171
Property Features for 8604 N BRANCH Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RM-16
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 4, Bathroom 2
Pets allowed
Yes
Interior features
Ninguno
Exterior features
Garden
Appliances
Convection Oven, Refrigerator
Subdivision
IRVINTON HEIGHTS
Directions
From Downtown Tampa, head north on I-275. Take Exit 48 for Sligh Ave and head east. Turn left onto N Nebraska Ave, then right onto E Sitka St. Continue and turn left onto N Branch Ave. The property will be on your right at 8604 N Branch Ave.
Standard status
Active
APN
A-24-28-18-3EF-000005-00005.0
Size
1,296 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
IRVINTON HEIGHTS LOT 5 AND E 1/2 OF VAC ALLEY ABUTTING ON W BLOCK 5
Tax Annual Amount
851
Legal Description
IRVINTON HEIGHTS LOT 5 AND E 1/2 OF VAC ALLEY ABUTTING ON W BLOCK 5
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1987
Floors in Building
2
Flooring type
Vinyl
Building materials
Stucco
Roof type
Shingle
Listing Agency:
EXP REALTY LLC
(888) 883-8509
Listed By:
Bryant Solano · License #3536929
(813) 451-0242
Added: Apr 30
Changed: Oct 16
Last Checked: Oct 17 at 2:06AM
MLS# TB8502047
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.
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Investment Insights
Based on property information with market context.
This duplex contains two residential units, each arranged with two bedrooms and one bathroom across approximately 648 square feet. The combined property size is 1,296 square feet on a 0.11-acre lot. Built in 1987, the building has stucco exterior walls, vinyl flooring, shingle roofing, and a garden area. One unit includes central air conditioning, while the other has a wall-mounted A/C unit. The property also includes a convection oven and refrigerator.
The duplex is located in Tampa, Florida, within the RM-16 zoning designation. Public water and public sewer serve the property. The roof was replaced in 2018, and one A/C unit was installed in 2026, providing documented updates to major building components.
The duplex is located in Tampa, Florida, within the RM-16 zoning designation. Public water and public sewer serve the property. The roof was replaced in 2018, and one A/C unit was installed in 2026, providing documented updates to major building components.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 bathroom per unit
- 1,296 square feet on a 0.11‑acre lot
- Approximately 648 square feet per unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,127
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,540
$302.5K
Cap Rate 7%
$216,100
$216.1K
Cap Rate 9%
$168,078
$168.1K
Market Conditions
NOI Build-Up for 1,296 SF
Gross rent
$23.2K $17.88/SF
− Vacancy
−$1.6K −$1.21/SF
EGI
$21.6K $16.67/SF
− OpEx
−$6.5K −$5.00/SF
NOI
$15.1K $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%
$302,540
Cap Rate 7%
$216,100
Cap Rate 9%
$168,078
Alternative Uses
Best Use
Multifamily LT 5
$216.1K
$189.1K – $252.1K
NOI $15,127 @ 7.0% cap · market cap 3.88%
Second Best
Apartment 5plus
$200.9K
$175.8K – $234.4K
NOI $14,065 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$301.9K
$264.2K – $352.3K
NOI $21,135 @ 7.0% cap · market cap 5.42%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,340
Businesses Nearby
Explore this area
Business Placement
Demographics for 33604, FL
39,071
Population
17,053
Households
2.3
Avg Household Size
38
Median Age
26%
College-Educated
88%
High-School Grad
7.5 sq mi
ZIP Area
5,209
Density / Sq Mi
$55,988
Median Household Income
$39,537
Median Earnings
$1,326
Median Rent
$264,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with vinyl flooring, central heating, and public water and sewer service.
Where is this duplex located?
The property is located at 8604 N BRANCH Avenue Tampa, FL.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom per unit; 1,296 square feet on a 0.11‑acre lot; Approximately 648 square feet per unit
