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6404 S Adelia Avenue, Tampa, FL 33616

$900,000
  • 6404 S Adelia Avenue, Tampa, FL 33616 Main Photo

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Active
BEDS8 BATHS SQUARE FEET3,294 MLS#TB8476902
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSUNSET

Property Description

An outstanding opportunity to acquire two duplexes totaling four income-producing units in one of South Tampa's most desirable and steadily appreciating neighborhoods. Whether expanding your portfolio or pursuing a live-in investment strategy, this property offers immediate cash flow with long-term upside. Each of the four units features two bedrooms and one bathroom with well-proportioned layouts designed for comfortable living. All units are currently leased under current market value by long term tenants totaling $57,000 in annual revenue, providing stable, in-place income from day one. With new leases at current market rate, the possible rental income could exceed $72,000 per year. Situated on two buildable lots, the property presents compelling future redevelopment potential - a rare and valuable advantage in this highly sought-after South Tampa location. Conveniently positioned near major roadways, shopping, dining, schools, and everyday amenities, the location continues to attract strong rental demand and long-term growth. Opportunities that combine immediate income, redevelopment flexibility, and a premier South Tampa address are increasingly hard to find.

6404 S Adelia Avenue | MLS# TB8476902

This multi-family property located at 6404 S Adelia Avenue, Tampa, FL 33616 is currently listed for sale with an asking price of $900,000. Search Tampa real estate on www.floridaexecutiverealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Zoned
Heating: Central, Electric
Lot Size: 0.13 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $5,116
Year Built: 1984

Amenities

Solid Surface Counters
Solid Wood Cabinets
Thermostat
Courtyard
Sidewalk

Feature Descriptions

Annual Net Income: 57000.00
Appliances: Cooktop, Dishwasher, Refrigerator
Days on Site: 39
Directions: S On Dale Mabry, right on Elrod, Left on S. Adelia, property on the right hand side.
Exterior: Block, Stucco
Flood Zone Code: X
Flooring: Carpet, Vinyl
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional
Lot: City Limits, In County, Near Public Transit, Sidewalk, Paved
Lot Dimensions: 0.13
Ownership: Fee Simple
Parking: Open
Parking Notes: Open
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, See Remarks, ShowingTime
Special Sale Provisions: None
Units: 4
Utilities: Electricity Connected
Water: Public
Water Access Y/N: No
Zoning: RM-16

Local Schools

High School: Robinson-HB
Middle School: Madison-HB
Elementary School: Chiaramonte-HB

Listed By / Shown By

Listed By

Agency Name: SMITH & ASSOCIATES REAL ESTATE
Agency Contact: 813-839-3800

Shown By

Agency Title: Florida Executive Realty
Agency Phone: 813-632-9452

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Estimated Payment

$ 2,691.84 per month $2,003.01 Principal & Interest $426.33 Property Tax $262.50 Homeowner's Insurance

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