An outstanding opportunity to acquire two duplexes totaling four income-producing units in one of South Tampa's most desirable and steadily appreciating neighborhoods. Whether expanding your portfolio or pursuing a live-in investment strategy, this property offers immediate cash flow with long-term upside. Each of the four units features two bedrooms and one bathroom with well-proportioned layouts designed for comfortable living. All units are currently leased under current market value by long term tenants totaling $57,000 in annual revenue, providing stable, in-place income from day one. With new leases at current market rate, the possible rental income could exceed $72,000 per year. Situated on two buildable lots, the property presents compelling future redevelopment potential - a rare and valuable advantage in this highly sought-after South Tampa location. Conveniently positioned near major roadways, shopping, dining, schools, and everyday amenities, the location continues to attract strong rental demand and long-term growth. Opportunities that combine immediate income, redevelopment flexibility, and a premier South Tampa address are increasingly hard to find.
Listed By
Agency Name: SMITH & ASSOCIATES REAL ESTATE
Agency Contact: 813-839-3800
Shown By
Agent Name: Jai Towns
Agent Phone: Cell: (813) 298-5842
Agency Title: Florida Executive Realty
Estimated Payment
$ 2,503.05 per month $1,836.09 Principal & Interest $426.33 Property Tax $240.63 Homeowner's Insurance
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CONTACT DETAILS
5801 Village Center Drive
Lithia, FL 33547
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6404 S Adelia Avenue | MLS# TB8476902
This multi-family property located at 6404 S Adelia Avenue, Tampa, FL 33616 is currently listed for sale with an asking price of $825,000. Search Tampa real estate on jai.floridaexecutiverealty.com today.