6406 S Adelia Ave - Multi-Family FOR SALE


Tampa, FL 33616- Sun Bay South
$900,000 USD
813-839-3800
6406 S Adelia Ave, Tampa, FL for Sale
$900,000 USD
Multi-Family - FOR SALE
1/15
null | Request Cap Rate

6406 S Adelia Ave
Tampa, FL 33616
Sun Bay South


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$267 USD /SF

# OF UNITS

4

PRICE/UNIT

$225,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

RM-16

APN/PARCEL ID

A-16-30-18-41Y-000009-00002.0

ASK ABOUT THIS PROPERTY

Stephen GaySmith & Associates Real Estate, Inc.More Info
813-839-3800

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Stephen GaySmith & Associates Real Estate, Inc.More Info
813-839-3800

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