$550,000 for Sale
3324 w abdella street , tampa, FL 33607
| Beds 3 | Baths 2 | 2,028 Sqft | 0.13 Acres |
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Property Description
Investor’s Dream Near Raymond James Stadium! Discover this versatile income-producing property in Tampa, just minutes from Raymond James Stadium and Steinbrenner Field. Originally a 3-bedroom, 2-bath home, this property has been thoughtfully converted into two studio apartments, one 1-bedroom apartment, and a main living space with 2 Bedrooms and 1 bath. Current NOI is $36k with a 6.5% Cap Rate, and units are on month-to-month leases at below-market rates. With a Potential Gross Income (PGI) of $64K annually based on current rental market valuation, the property offers a potential of 11.5% Cap Rate. Updated roof (2021) + solar panels for energy efficiency. Prime location – close to highways, shopping, dining, and major attractions. Spacious parking for tenants and guests. Endless potential for short-term or long-term rentals. With a motivated seller and multiple income streams, this property is a true investor’s gem in one of Tampa’s hottest rental markets.
General Information
Sale Price: $550,000
Price/SqFt: $271
Status: Active
MLS#: TB8418630
City: tampa
Post Office: tampa
County: Hillsborough
Subdivision: john h drews first ext
Acres: 0.13
Lot Dimensions: 54 x 103
Bedrooms:3
Bathrooms:2 (2 full, 0 half)
House Size: 2,028 sq.ft.
Acreage: 0.13 est.
Year Built: 2002
Property Type: Single Family Residence
Style: Contemporary, Traditional
Features & Room Sizes
Paved Road: Paved
Garage: No
Construction: Stucco
Exterior Misc: Awning(s), Private Mailbox, Sidewalk
Basement: No
Foundation : Block
Appliances: Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
Cooling: Central Air
Heating: Central
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $2,234
Legal Description: JOHN H DREW'S FIRST EXTENSION LOT 12 BLOCK 51 AND N 1/2 OF CLOSED ALLEY ABUTTING IN S
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Yalietza Marmolejos of COLDWELL BANKER REALTY, Phone: 813-685-7755
