Property summary
This exceptional investment opportunity presents a charming four-unit apartment building located at 505 E Caracas St, Tampa, FL 33603, in Hillsborough County. Built in 1920, this property boasts a total of 3,640 square feet and offers a compelling price point of $1,000,000. Each of the four units is priced at $250,000, representing a strong value proposition for investors seeking a multifamily asset in a desirable Tampa location. The property's price per square foot is $275, reflecting its potential for appreciation and strong rental income. The building's historical character provides unique charm and appeal to tenants, while its location within Tampa offers convenient access to local amenities, businesses, and transportation networks. This is an excellent opportunity to acquire a well-positioned multifamily property with significant upside potential in a thriving Florida market. The property's solid construction and established tenancy make it an attractive investment for both seasoned and new investors seeking a stable and potentially lucrative addition to their portfolio. Detailed financial information and property reports are available upon request. This is a rare chance to own a piece of Tampa's history and secure a promising future in the real estate market.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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