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: Banke Ayanleke
Agent Phone: (850) 792-4919
Agency Title: Watson Realty Corp., REALTORS ®
Estimated Payment
$ 4,825.59 per month $4,158.64 Principal & Interest $426.33 Property Tax $240.63 Homeowner's InsuranceSend an email with a link to
6404 S Adelia Avenue, Tampa, FL 33616.
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6404 S Adelia Avenue, Tampa, FL 33616.
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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 www.bankeayanleke.com today.