3921 W STATE STREET UNIT 1 & 2

For sale Days on market 35

$760,000

$415/sq ft

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Overview

Bedroom

Year Built

2023

Sqft

1831

Property Type

Duplex

Property Description

Under contract-accepting backup offers. New construction duplex offering a stabilized investment opportunity with strong in place income. Built approximately three years ago, both units are 2 bedroom, 2 bathroom residences and feature modern construction, efficient layouts, and all major systems less than three years old, including roof, HVAC, plumbing, electrical, and appliances. Everything is essentially brand new. The property offers just over 1,800 square feet total and is fully occupied with tenants in place. Both units are leased into 2026 at market driven rental rates, offering immediate income with long term stability. Financials support an attractive cap rate at the current price point, making this an appealing option for both investors and owner occupants. Located in Flood Zone X, the property has never experienced flooding. This is a turnkey, low maintenance asset in a highly desirable South Tampa location that offers flexibility for both investors and owner occupants. A buyer could enjoy living in one unit while offsetting their mortgage with rental income from the other, or continue operating the property as a fully stabilized investment. An ideal opportunity for those seeking immediate cash flow, long term value, and minimal capital expenditure concerns.

Property Details

MLS#

TB8465251

Address

3921 STATE W

City

Tampa

State/county

Zip/Postal Code

33609

Area

Broadmoor Park Rev

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$8,632

Maint Fee

$--

Tax Year

2024

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