3921 State St - Residential Income FOR SALE


Tampa, FL 33609- North Bon Air
$760,000 USD
813-230-7377
3921 State St, Tampa, FL for Sale
$760,000 USD
Residential Income - FOR SALE
1/55
null | 6.01% Cap Rate

3921 State St
Tampa, FL 33609
North Bon Air


HIGHLIGHTS

  • block construction completed in 2023
  • fully fenced private yard
  • duplex with two 2 bed, 2 bath units
  • in unit washer and dryer in each unit
  • stainless steel appliance package
  • highly desirable South Tampa location

OVERVIEW

New construction duplex offering a stabilized investment opportunity with strong in place income. Built approximately three years ago, both units are 2 bedroom, 2 bathroom residences and feature modern construction, efficient layouts, and all major systems less than three years old, including roof, HVAC, plumbing, electrical, and appliances. Everything is essentially brand new. The property offers just over 1,800 square feet total and is fully occupied with tenants in place. Both units are leased into 2026 at market driven rental rates, offering immediate income with long term stability. Financials support an attractive cap rate at the current price point, making this an appealing option for both investors and owner occupants. Located in Flood Zone X, the property has never experienced flooding. This is a turnkey, low maintenance asset in a highly desirable South Tampa location that offers flexibility for both investors and owner occupants. A buyer could enjoy living in one unit while offsetting their mortgage with rental income from the other, or continue operating the property as a fully stabilized investment. An ideal opportunity for those seeking immediate cash flow, long term value, and minimal capital expenditure concerns.

FOR SALE DETAILS

PRICE

$760,000 USD

PRICE/SF

$415 USD /SF

CAP RATE

6.01%

% LEASED

100%

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

A-27-29-18-3U4-000009-00015.0

ASK ABOUT THIS PROPERTY

Allie PaigeImpact Realty Tampa BayMore Info
813-230-7377

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Allie PaigeImpact Realty Tampa BayMore Info
813-230-7377

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