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Duplex Portfolio on Separate Parcels

8726 & 8728 N 48TH Street Tampa, FL 33617

8726 & 8728 N 48TH Street, Tampa, FL, 33617
$599,000
For Sale
$599,000

MULTI_FAMILY - TAMPA, FL

Property Size1,576 SF
Lot Size0.13 Acres
Price / SF$380.08
Days on Market28

Property Features for 8726 & 8728 N 48TH Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RM-16
Bedrooms
8
Bathrooms
4
Rooms
Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 3, Bedroom 8, Bathroom 4, Bedroom 7, Bathroom 2
Parking features
Assigned
Pets allowed
Yes
Interior features
Ninguno
Exterior features
Fence
Fencing
Fenced
Appliances
Electric Water Heater, Range, Refrigerator
Standard status
Active
APN
A-21-28-19-43N-000009-00028.0
Size
1,576 SF
Lot size
0.13 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
DRUID HILLS RE-REVISED LOT 28 BLOCK 9 **and** DRUID HILLS RE-REVISED LOT 29 BLOCK 9
Tax Annual Amount
6972

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1972
Floors in Building
1
Number of units
4
Building materials
Block
Roof type
Shingle
Listing agency DALTON WADE INC
Listed by Vivian Resnick · License #3285942
Added: Jun 25 Updated: Jul 21 at 8:43PM Checked: Jul 22 at 2:06AM
MLS# TB8523851

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.

The offering includes two block-construction duplexes with a total of four units, located on two separate parcels. Each duplex has its own tax parcel ID. All units feature a 2-bedroom, 1-bath layout with a dedicated laundry room, fully fenced private yard, and two assigned parking spaces per unit.

Tenants pay their own utilities, including water and trash, and each duplex is separately metered for water. Most units are currently leased, and the properties are described as well maintained with low vacancy.

The properties are not located in a flood zone. Showings are by appointment only and tenants must not be disturbed; additional information is available upon request.

Key Highlights

  • Two block‑construction duplexes with four total units on two separate parcels in Tampa
  • Each duplex has its own tax parcel ID for flexibility in future resale or financing
  • Each unit offers a 2‑bedroom, 1‑bath layout with a dedicated laundry room and fully fenced private yard

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 $28.2k $17.88
− Vacancy −$1.9k −$1.21
EGI $26.3k $16.67
− OpEx −$7.9k −$5.00
NOI $18.4k $11.67
1,576 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$262.8K
$230.0K – $306.6K (±1% cap)
NOI $18,396 @ 7.0% cap · market cap 3.07%
Second Best
Apartment 5plus
$244.3K
$213.8K – $285.1K (±1% cap)
NOI $17,104 @ 7.0% cap · market cap 2.86%
Theoretical Best
Office A
$367.2K
$321.3K – $428.4K (±1% cap)
NOI $25,701 @ 7.0% cap · market cap 4.29%
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

Parking Lot & Garage Dental Office Storage Facility Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Florist Carpet & Flooring Store Butcher Electrical Service

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

FAQs

What type of property is this?
Duplex - Two block-construction duplexes total four units, each separately metered for water and each unit has a fenced yard.
Where is this duplex located?
The property is located at 8726 & 8728 N 48TH Street Tampa, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two block‑construction duplexes with four total units on two separate parcels in Tampa; Each duplex has its own tax parcel ID for flexibility in future resale or financing; Each unit offers a 2‑bedroom, 1‑bath layout with a dedicated laundry room and fully fenced private yard
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