Three-Bedroom
For Sale
$480,000
9502 BANYAN Avenue, Tampa, FL 33612
Residential Income, TAMPA, FL
Property Size1,736 SF
Lot Size0.17 Acres
Price / SF$276.50
Days on Market403
Property Features for 9502 BANYAN Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RS-50
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 6, Bathroom 1, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Dining Room
Parking features
Off Street, Driveway
Interior features
Living Room/Dining Room Combo, Thermostat
Exterior features
Fence, Sidewalk
Fencing
Fenced
Subdivision
FAIRVIEW TERRACE RESUB
Lot features
City Limits, Sidewalk, Paved
Elementary school
Forest Hills-HB
Middle school
Adams-HB
High school
Chamberlain-HB
Directions
From 1251 E Fowler Ave F, Tampa, FL 33612, head west toward E Fowler Ave, turn right toward E Fowler Ave, turn right onto E Fowler Ave, pass by Steak 'n Shake (on the left), turn right onto N 15th St, turn right onto E Linebaugh Ave., turn left onto N 12th St, keep left to continue on N Banyan Ave, destination will be on the right
Standard status
Active
APN
A-19-28-19-45N-000005-00013.0
Size
1,736 SF
Lot size
0.17 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2024
Tax Description
FAIRVIEW TERRACE RESUB LOTS 13 AND 14 BLOCK 5
Tax Annual Amount
4670
Legal Description
FAIRVIEW TERRACE RESUB LOTS 13 AND 14 BLOCK 5
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
fenced yard
Building Details
Year built
1988
Floors in Building
2
Number of units
2
Flooring type
Vinyl
Building materials
Block, Stucco
Roof type
Shingle
Buildings
1
Listing Agency:
KELLER WILLIAMS SOUTH TAMPA · Keller Williams Realty
(813) 875-3700
Listed By:
Correy Smith
(850) 496-7111
Added: Sep 19, 2025
Changed: Oct 23
Last Checked: Oct 26 at 1:06AM
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 at 9502 Banyan Avenue contains two three-bedroom layouts and was built in 1988. The property features block and stucco construction, vinyl flooring, central air conditioning, electric heat, a shingle roof, and a combined living and dining area. A fenced yard, driveway, and additional off-street parking support the residential configuration.
The property is within Tampa city limits and carries RS-50 zoning. Public water and public sewer serve the site, with cable availability also noted. The 0.17-acre parcel is identified as being in a designated Opportunity Zone. Both units are fully occupied, and the property is offered as-is with showings by appointment.
The property is within Tampa city limits and carries RS-50 zoning. Public water and public sewer serve the site, with cable availability also noted. The 0.17-acre parcel is identified as being in a designated Opportunity Zone. Both units are fully occupied, and the property is offered as-is with showings by appointment.
Key Highlights
- Two three‑bedroom units in a 1,736‑square‑foot duplex
- Fully occupied residential income property
- RS‑50 zoning and designated Opportunity Zone location
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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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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied duplex with fenced outdoor space, off-street parking, and public utilities.
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 three‑bedroom units in a 1,736‑square‑foot duplex; Fully occupied residential income property; RS‑50 zoning and designated Opportunity Zone location
