3324 W ABDELLA STREET at

3324 W ABDELLA STREET

For sale Days on market 139

$550,000

$271/sq ft

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Overview

Bedroom

Bath

Year Built

2002

Sqft

2028

Property Type

Single Family Residence

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.

Property Details

MLS#

TB8418630

Total Floor in Bldg

Address

3324 ABDELLA W

City

Tampa

State/county

Zip/Postal Code

33607

Area

John H Drews First Ext

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$2,234

Maint Fee

$--

Tax Year

2024

Cooktop

Dishwasher

Dryer

Electric Water Heater

Microwave

Refrigerator

Washer

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