106 S Delaware Ave - Apartments FOR SALE


Tampa, FL 33606- Hyde Park
$2,495,000 USD
813-500-7800
106 S Delaware Ave, Tampa, FL for Sale
$2,495,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

106 S Delaware Ave
Tampa, FL 33606
Hyde Park


HIGHLIGHTS

  • Prime South Tampa / SOHO location just minutes from Hyde Park Village and Downtown
  • 8 existing 1BR/1BA units and 5 Studios with solid income potential
  • 20,382 SF lot (158’ x 129’) with two existing multifamily buildings (8,062 SF total)
  • Future Land Use: R-35 – Ideal for townhouse or high-density residential redevelopment
  • Surrounded by upscale townhomes, apartments, and vibrant retail/dining
  • Strong rental demand and long-term appreciation potential

OVERVIEW

Prime South Tampa – SOHO Multifamily Redevelopment Offering Exceptional opportunity to acquire a rare 13-unit multifamily property in the highly sought-after South Tampa / SOHO district—one of Tampa’s most desirable urban-core neighborhoods. The offering includes 106, 108, and 110 S. Delaware Avenue, Tampa, FL 33606, consisting of two buildings totaling approximately 8,062 square feet on a combined 20,382 SF lot (158’ x 129’). Currently configured with thirteen (8) one-bedroom, one-bath units and (5) Studio's, the property presents multiple upside options—whether through a comprehensive renovation to maximize rental income or a complete redevelopment under the R-35 Future Land Use designation, which allows for high-density residential or townhouse development. This is a rare infill opportunity in one of Tampa’s most dynamic submarkets—perfect for investors, developers, or owner/builders looking to capitalize on the continuing growth of South Tampa.

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$646 USD /SF

# OF UNITS

13

PRICE/UNIT

$191,923

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1949

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,834 SF

ZONING

CG

APN/PARCEL ID

A-23-29-18-4SU-000007-00002.0

ASK ABOUT THIS PROPERTY

Ralph CarrasquilloIQ CommercialMore Info
813-500-7800

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Ralph CarrasquilloIQ CommercialMore Info
813-500-7800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.