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Single Family House 3 bedrooms - JOHN H DREWS FIRST EXT for Sale

3324 W ABDELLA, TAMPA, FL 33607

Asking Price$550,000

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  • Days on market:

    13 day(s)
  • Original Price:

    $550,000
  • Price per sqft:

    $271.2
  • Tax Legal Description:

    JOHN H DREW'S FIRST EXTENSION LOT 12 BLOCK 51 AND N 1/2 OF CLOSED ALLEY ABUTTING IN S
  • Tax Year:

    2024
  • Property Type:

    Single Family
  • Construction Type:

    Stucco
  • Roof:

    Shingle
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Floor Description:

    Carpet Tile
  • Interior Features:

    Ceiling Fan(s) Thermostat Open Floorplan Primary Bedroom Main Floor
  • Exterior Features:

    SidewalkAwning(s)Private Mailbox
  • Equipment/Appliances:

    DishwasherMicrowaveRefrigeratorDryerWasherElectric Water HeaterCooktop
  • Special Listing Conditions:

    None

Description

$550,000 • three bedroom(s) • two full bathroom(s) • living size area 2028 sqft

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.

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