8820 Rocky Creek Dr Tampa, FL 33615
Exceptional waterfront investment opportunity in Tampa, Florida, awaits. This property, located at 8820 Rocky Creek Dr, 33615, boasts over 200 feet of waterfront access to Tampa Bay and the Gulf. The property consists of two duplexes: one featuring two 1-bedroom, 1-bathroom units (8818), and the other with a 2-bedroom, 1-bathroom unit and a 1-bedroom, 1-bathroom unit, along with a shared laundry room (8820). This presents a significant redevelopment opportunity for a substantial property. The asking price is $1,375,000, or $343,750 per unit. Further enhancing the property's appeal are a newly paved boat ramp and a wooden dock, perfect for fishing. The four units are ideal for short-term rentals or redevelopment, making this a compelling investment in a prime Tampa location. Hillsborough County location provides easy access to Tampa Bay and the Gulf. This unique offering combines residential income with significant development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.