Concrete-Block
9502 Banyan Ave #A, Tampa, FL 33612
For Sale
$480,000
Fully occupied two-unit property with a fenced yard, off-street parking, and Opportunity Zone designation.
Property Size1,736 SF
Price / SF$276.50
Days on Market55
Property Features for 9502 Banyan Ave #A
General Information
Standard status
Size
Property subtype
Occupancy
Financials
Gross Income
Opportunity Zone
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Amenities
fenced yard
off-street parking
Building Details
Year Built
Buildings
Construction
Tenancy
Listing Agency:
Investment Florida Realty LLC
(727) 940-5909
Listed By:
Client Concierge
(941) 822-0708
Source:
Dwellingwell
Added: Sep 19
Changed: Nov 10
Last Checked: Nov 12 at 8:08AM
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 Investment Florida Realty LLC
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Investment Insights
Based on property information with market context.
Located at 9502 Banyan Ave #A in Tampa, this duplex contains 1,736 square feet and was built in 1988. The property includes two three-bedroom unit layouts and is currently fully occupied. Concrete-block construction, tile and vinyl flooring, a fenced yard, and off-street parking provide practical features for ongoing residential use.
The property is within Tampa city limits and carries an Opportunity Zone designation. It is offered in its current as-is condition, with showings available by appointment to protect resident privacy.
The property is within Tampa city limits and carries an Opportunity Zone designation. It is offered in its current as-is condition, with showings available by appointment to protect resident privacy.
Key Highlights
- Two three‑bedroom units in a fully occupied duplex
- 1,736 square feet with 1988 construction
- Concrete‑block building with tile and vinyl flooring
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.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
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
$249,600
Median Home Value
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Market
Average Price Trend$/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 - Fully occupied two-unit property with a fenced yard, off-street parking, and Opportunity Zone designation.
Where is this duplex located?
The property is located at 9502 Banyan Ave #A 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 three‑bedroom units in a fully occupied duplex; 1,736 square feet with 1988 construction; Concrete‑block building with tile and vinyl flooring
