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3324 Abdella Street
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PRICED AT ONLY: $550,000

Address: 3324 Abdella Street, TAMPA, FL 33607

Description

Investors 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 investors gem in one of Tampas hottest rental markets.

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  • MLS#: TB8418630 ( Residential )
  • Street Address: 3324 Abdella Street
  • Viewed: 10
  • Price: $550,000
  • Price sqft: $216
  • Waterfront: No
  • Year Built: 2002
  • Bldg sqft: 2551
  • Bedrooms: 3
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 31

Description

Investors 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 investors gem in one of Tampas hottest rental markets.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Awning(s), Private Mailbox, Sidewalk
  • Flooring: Carpet, Tile
  • Living Area: 2028.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Country: US
  • Interior Features: Ceiling Fans(s), Open Floorplan, Primary Bedroom Main Floor, Thermostat
  • Legal Description: JOHN H DREW'S FIRST EXTENSION LOT 12 BLOCK 51 AND N 1/2 OF CLOSED ALLEY ABUTTING IN S
  • Levels: One
  • Area Major: 33607 - Tampa
  • Occupant Type: Owner
  • Parcel Number: A-10-29-18-3J5-000051-00012.0
  • Style: Contemporary, Traditional
  • Views: 10
  • Zoning Code: RS-50
Nearby Subdivisions
3jf Belvedere Park   4or Drews John H Sub Blks 1 T   4os Drews John H 1st Extensio   4pv Mac Farlane Park    Bayamo   Belvedere Park   Benjamins Add To West Ta   Benjamins Add To West Tampa   Bouton Skinners Add   Collins Philip 2nd Add   Cypress Estates   Drews John H Sub Blks 1 To 10   El Cerro   Forest Heights   Ghira   John H Drews First Ext   Lincoln Gardens   Los Cien   Mac Farlane Park   Mac Farlanes Rev Map Of Add   Mac Farlanes Rev Map Of Additi   Mac Farlanes Rev Map Of Adds W   Macfarlane Park   Macfarlane Park Blocks 11 Thru   Michigan Heights   North Hyde Park   Park West Sub   Princess Park 1   Rio Vista   Rivercrest   Sailport Resort Condo On   Sailport Resort Condominium On   Unplatted   Villa St Louis   West Tampa   West Tampa Heights   Winton Park  
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$519,900.00 ($180.40 / sqft )

2707 Leroy Street Virtual Tour More Like This

One or more photo(s) has been virtually staged. Welcome to 2707 W Leroy Street a mid century Mediterranean gem nestled in the heart of West Tampa. Originally built in the 1950s and thoughtfully updat

  1. Request Information
  1. Bedrooms: 4
  2. Baths: 5
  3. Approx. 2882 sqft
  1. MLSID: A4659502
  2. Provided by COMPASS FLORIDA LLC
  3. Contact Darrin Campbell, PA
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