Fully Occupied
A-9502 Banyan Ave, Tampa, FL 33612
For Sale
$480,000
Two three-bedroom residences offer a leased configuration with concrete-block construction and a fenced yard.
Property Size1,736 SF
Price / SF$276.50
Days on Market420
Property Features for A-9502 Banyan Ave
General Information
Standard status
Size
Property subtype
Occupancy
Financials
Gross Income
Opportunity Zone
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
fenced yard
off-street parking
Building Details
Construction
Listing Agency:
KELLER WILLIAMS SOUTH TAMPA
(813) 875-3700
Listed By:
Correy Smith · License FL #261552498
(850) 496-7111
Source:
Exprealty
Added: Sep 19, 2025
Changed: Nov 12
Last Checked: Nov 12 at 11:22AM
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 KELLER WILLIAMS SOUTH TAMPA
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,736-square-foot duplex at 9502 Banyan Ave in Tampa includes two three-bedroom units, both leased at the time of listing. The building uses concrete-block construction with tile and vinyl flooring, providing practical finishes for ongoing occupancy. A fenced yard and off-street parking serve the property, which is offered in as-is condition.
The property is located within Tampa city limits and is identified as being in a designated Opportunity Zone. It may be purchased individually or included in a larger nine-property portfolio. Showings are by appointment only, and the occupied units are not to be disturbed.
The property is located within Tampa city limits and is identified as being in a designated Opportunity Zone. It may be purchased individually or included in a larger nine-property portfolio. Showings are by appointment only, and the occupied units are not to be disturbed.
Key Highlights
- 1,736‑square‑foot duplex with two three‑bedroom units
- Both units are fully occupied and leased
- Concrete‑block construction 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.
How Realmo checks its estimates
Property Analytics
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
$249,600
Median Home Value
Market
Average Price Trend$/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 - Two three-bedroom residences offer a leased configuration with concrete-block construction and a fenced yard.
Where is this duplex located?
The property is located at A-9502 Banyan Ave 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: 1,736‑square‑foot duplex with two three‑bedroom units; Both units are fully occupied and leased; Concrete‑block construction with tile and vinyl flooring
