Multifamily Investment Opportunity in
911 East 108th Avenue Tampa, FL 33605
911 East 108th Avenue, Tampa, FL, 33605
$995,000
For Sale
$995,000
Portfolio of three duplexes, six units, near Ybor City.
Property Size4,770 SF
Price / SF$208.60
Days on Market238
Property Features for 911 East 108th Avenue
General Information
- Standard status
- Active
- Size
- 4,770 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1983
Listing Agency
SVN Commercial Advisory Group
(941) 223-1525
Listed by
Gail Bowden · License #3044621
(941) 223-1525
Source
Svn
Added: Nov 21, 2025 Checked: Jul 17 at 3:49 am
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 SVN Commercial Advisory Group
Investment Insights
Based on property information with market context.
This multifamily investment opportunity features a portfolio of three duplexes, totaling six units. Each unit includes 2 bedrooms, 1 bathroom, and 795 square feet of living space. The property is located near the historic Ybor City district, offering a blend of culture, dining, and entertainment. The area is a hub for diverse industries, including finance, healthcare, and technology. The location provides easy access to landmarks such as the Tampa Riverwalk and the Tampa Convention Center. The property is well-positioned for strong occupancy rates and sustained demand, presenting an opportunity for investors seeking stable rental income, long-term appreciation, and value-add potential. New roofs were installed in 2020. There is potential for higher rents. The total property size is 4770 square feet.
Key Highlights
- Portfolio of three duplexes (six units total) provides a substantial investment opportunity.
- Each unit features 2 bedrooms and 1 bathroom, a desirable and easily rentable configuration.
- New roofs installed in 2020, reducing near‑term maintenance costs.
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 | $101.3k | $21.24 |
| − Vacancy | −$7.2k | −$1.51 |
| EGI | $94.1k | $19.73 |
| − OpEx | −$42.4k | −$8.88 |
| NOI | $51.8k | $10.85 |
4,770 SF · lease $21.24/SF/yr · vacancy 7.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$739.5K
$647.1K – $862.8K
NOI $51,767 @ 7.0% cap · market cap 5.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.11M
$972.4K – $1.30M
NOI $77,789 @ 7.0% cap · market cap 7.82%
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 - Portfolio of three duplexes, six units, near Ybor City.
Where is this apartment building located?
The property is located at 911 East 108th 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: Portfolio of three duplexes (six units total) provides a substantial investment opportunity.; Each unit features 2 bedrooms and 1 bathroom, a desirable and easily rentable configuration.; New roofs installed in 2020, reducing near‑term maintenance costs.
