Share this property:
Contact Julie Ann Ludovico
Schedule A Showing
Request more information
- Home
- Property Search
- Search results
- 8720 48th Street, Tampa, FL 33617
Property Photos
- MLS#: TB8400257 ( CommercialSale )
- Street Address: 8720 48th Street
- Viewed: 1
- Price: $2,200,000
- Price sqft: $1,313
- Waterfront: No
- Year Built: 1972
- Bldg sqft: 1676
- Days On Market: 2
- Additional Information
- Geolocation: 28.0304 / -82.4085
- County: HILLSBOROUGH
- City: Tampa
- Zipcode: 33617
- Provided by: ALL COUNTY ADVANCE PROPERTY MANAGEMENT
- DMCA Notice
-
DescriptionSnapshot a True Cash Flow Engine in Tampas Growth Corridor Tucked into a quiet pocket of Temple Terracejust two miles from the University of South Florida and minutes to AdventHealth, Moffitt Cancer Center, Busch Gardens, and the I 75/I 275 junctionThis listing offers investors the best of every multifamily buzzword: concrete block durability, walk to demand drivers, sub replacement pricing, and an in place yield that starts at 9 .6 percent and only goes up from there. Eight solid block duplexes spread across eight contiguous lots create sixteen stand alone 1 bed / 1 bath cottages. Each home enjoys private yard space, individual electric metering, mini split HVAC, and off street parkingfeatures renters covet yet almost never find at this price point. Current leases average $1,280/month (no unit below $1,080) and throw off $210,060 NOI, equating to $137,500 per door and an in place 9.6 % cap on the $2.2 million ask. Upside is refreshingly uncomplicated: lease two turn ready cottages at market $1,300+, implement RUBS to shift water/sewer to tenants, and watch cap rate break double digits without swinging a hammer. For those who like value add, a light interior packageLVP flooring, shaker cabinets, stainless appliancespairs readily with the concrete block bones and lifts rents to $1,400+ while still keeping cost per unit under new build figures. Whether youre chasing yield, seeking a 1031 or assembling scale in Tampas coveted workforce housing lane, This listing checks every box: location, durability, cash flow, and clear runway for rent growthall at a basis youll be bragging about for years.
All
Similar
Features
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- Ductless
Country
- US
Covered Spaces
- 0.00
Garage Spaces
- 0.00
Insurance Expense
- 0.00
Legal Description
- DRUID HILLS RE-REVISED LOT 25 BLOCK 9
Levels
- One
Living Area
- 1576.00
Area Major
- 33617 - Tampa / Temple Terrace
Net Operating Income
- 0.00
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Parcel Number
- A-21-28-19-43N-000009-00025.0
Pet Deposit
- 0.00
Property Condition
- NewConstruction
Property Type
- CommercialSale
Road Frontage Type
- CityStreet
Security Deposit
- 0.00
Tax Year
- 2024
The Range
- 0.00
Trash Expense
- 0.00
Virtual Tour Url
- https://www.propertypanorama.com/instaview/stellar/TB8400257
Year Built
- 1972

Listing Data ©2025 Greater Fort Lauderdale REALTORS®
Listings provided courtesy of The Hernando County Association of Realtors MLS.
Listing Data ©2025 REALTOR® Association of Citrus County
Listing Data ©2025 Royal Palm Coast Realtor® Association
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Display of MLS data is usually deemed reliable but is NOT guaranteed accurate.
Datafeed Last updated on June 27, 2025 @ 12:00 am
©2006-2025 brokerIDXsites.com - https://brokerIDXsites.com
Sign Up Now for Free!X
Call Direct: Brokerage Office: Mobile: 352.442.9386
Registration Benefits:
- New Listings & Price Reduction Updates sent directly to your email
- Create Your Own Property Search saved for your return visit.
- "Like" Listings and Create a Favorites List
* NOTICE: By creating your free profile, you authorize us to send you periodic emails about new listings that match your saved searches and related real estate information.If you provide your telephone number, you are giving us permission to call you in response to this request, even if this phone number is in the State and/or National Do Not Call Registry.
Already have an account? Login to your account.