9502 BANYAN Avenue, Tampa, FL 33612
For Sale
$480,000
Residential Income, TAMPA, FL
Property Size1,736 SF
Lot Size0.17 Acres
Price / SF$276.50
Days on Market420
Property Features for 9502 BANYAN Avenue
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Interior features
Exterior features
Fencing
Subdivision
Lot features
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
fenced yard
off-street parking
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
KELLER WILLIAMS SOUTH TAMPA · Keller Williams Realty
(813) 875-3700
Listed By:
Correy Smith · License FL #261552498
(850) 496-7111
Added: Sep 19, 2025
Changed: Nov 11
Last Checked: Nov 12 at 10:06PM
MLS# TB8428890
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 1,736-square-foot duplex contains two three-bedroom units and is fully occupied. Built in 1988, the property has block and stucco construction, vinyl flooring, central air conditioning, and electric heat. A fenced yard and driveway parking serve the property, which also has public water and sewer service.
The 0.17-acre parcel is zoned RS-50 and is located in Tampa. The property is offered individually or as part of a nine-property portfolio. It is being sold as-is, with showings by appointment.
The 0.17-acre parcel is zoned RS-50 and is located in Tampa. The property is offered individually or as part of a nine-property portfolio. It is being sold as-is, with showings by appointment.
Key Highlights
- Two leased units, each with a three‑bedroom layout
- 1,736 square feet on a 0.17‑acre lot
- Built in 1988 with block and stucco construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,263
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$405,260
$405.3K
Cap Rate 7%
$289,471
$289.5K
Cap Rate 9%
$225,144
$225.1K
Market Conditions
NOI Build-Up for 1,736 SF
Gross rent
$31.0K $17.88/SF
− Vacancy
−$2.1K −$1.21/SF
EGI
$28.9K $16.67/SF
− OpEx
−$8.7K −$5.00/SF
NOI
$20.3K $11.67/SF
Area
ZIP 33612
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%
$405,260
Cap Rate 7%
$289,471
Cap Rate 9%
$225,144
Alternative Uses
Best Use
Multifamily LT 5
$289.5K
$253.3K – $337.7K
NOI $20,263 @ 7.0% cap · market cap 4.22%
Second Best
Apartment 5plus
$269.1K
$235.5K – $314.0K
NOI $18,840 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$395.5K
$346.0K – $461.4K
NOI $27,682 @ 7.0% cap · market cap 5.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
896
Businesses Nearby
Explore this area
Business Placement
Demographics for 33612, FL
49,452
Population
21,228
Households
2.3
Avg Household Size
34
Median Age
18%
College-Educated
78%
High-School Grad
9.9 sq mi
ZIP Area
4,995
Density / Sq Mi
$43,919
Median Household Income
$32,724
Median Earnings
$1,259
Median Rent
$249,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Tampa, FL
Properties on Market for Duplexes in Tampa
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both three-bedroom units are leased, with central air conditioning and off-street parking.
Where is this duplex located?
The property is located at 9502 BANYAN Avenue Tampa, FL.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Two leased units, each with a three‑bedroom layout; 1,736 square feet on a 0.17‑acre lot; Built in 1988 with block and stucco construction
