1403 College Park Lane, Tampa, FL 33612
- $440,000
- 4
- BD
- 3
- BA
- 1,656
- SqFt
- List Price
- $440,000
- Status
- Active
- Days on Market
- 183
- Price Change
- ▼ $10,000 1785117186
- MLS#
- TB8466971
- Property Style
- Triplex
- Year Built
- 1965
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 1,656
- Lot Size
- 11,022
- Acres
- 0.25
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Hamners W E Homestead Acres
- MLS Area Major
- Tampa / Forest Hills
Property Description
Excellent Value-Add Triplex Near USF – NEW PRICE BELOW Appraised Value!!! (Appraised 11/2024 at $455,000) Here’s a rare opportunity to acquire a cash-flowing triplex in one of Tampa’s strongest rental corridors—with one unit vacant and ready for immediate occupancy or higher rents. Current Performance Unit A (Middle – 3 Bed / 1 Bath): Leased at $1,900/month. Solid block construction, in-unit washer/dryer, and central A/C. Unit B (Right – 1 Bed / 1 Bath): Leased at $1,250/month. Frame construction with window A/C. Unit C (Left – Efficiency / 1 Bath): Vacant and ready. Frame construction with window A/C. Ideal for an owner-occupant, a new tenant at market rent, or a light value-add refresh. Current monthly income from leased units: $3,150 Rent Unit C for the going rate of $1,000 and the monthly income goes back to the previous $4,150+ monthly gross. Investor Advantages Association covers water, sewer, and trash (single community meter) — a meaningful reduction in operating expenses. Each unit is individually metered for electricity, so tenants pay their own power. Mix of unit sizes attracts students, young professionals, medical workers, and small families. Proven rental demand just minutes from the University of South Florida, major shopping and dining, public transit, and quick access to I-275. Whether you want a turnkey income property, an owner-occupy opportunity (live in Unit C while the other two pay the mortgage), or a light value-add play, this triplex delivers solid fundamentals in a high-demand Tampa location—and it’s priced below its recent appraisal. Perfect for 1031 exchanges or portfolio expansion.
Additional Information
- Taxes
- $5257
- Hoa Fee
- $273
- HOA Payment Schedule
- Monthly
- Location
- Cul-De-Sac, Paved
- Community Features
- No Deed Restriction
- Zoning
- RMC-12
- Interior Layout
- Window Treatments
- Interior Features
- Window Treatments
- Utilities
- Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Water Connected
- Heating
- Ductless
- Air Conditioning
- Wall/Window Unit(s)
- Exterior Construction
- Concrete
- Exterior Features
- Fence, Lighting, Sidewalk
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Elementary School
- Miles-Hb
- Middle School
- Liberty-Hb
- High School
- Freedom-HB
- Pets
- Allowed
- Flood Zone Code
- X
- Parcel ID
- U-07-28-19-1GN-D00000-00008.4
- Legal Description
- HAMNER'S W E HOMESTEAD ACRES PART OF LOT 8 BLOCK 9 DESC AS BEG AT SW COR OF SAI LOT 8 THN N 00 DEG 07 MIN 40 SEC W ALONG W BDRY OF SAID LOT 8 80.00 FT THN N 77 DEG 37 MIN 40 SEC E 102.33 FT THN N 00 DEG 07 MIN 40 SEC W 25.00 FT TO POINT OF INTERSECTI ON WITH N BDRY OF LOT 8 THN E 14.85 FT THN S 00 DEG 07 MIN 40 SEC E 126.93 FT TO POINT OF INTERSECTION WITH S BDRY OF SAID LOT 8 THN W 114.85 FT TO POB
Listing courtesy of DALTON WADE INC. 888-668-8283
Mortgage Calculator
StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on