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$2,200,000
New Listing

8720 N 48TH STREET
TAMPA, FL 33617

For Sale|Multi Family|Active
0
Beds
0
Total Baths
1,576
SqFt
$1,396
/SqFt
1972
Built
County:
Hillsborough
Call Now: (561) 935-3331
Is this the listing for you? We can help make it yours.
(561) 935-3331
8720 N 48TH STREET8720 N 48TH STREET8720 N 48TH STREET8720 N 48TH STREET
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Snapshot a True Cash-Flow Engine in Tampa’s Growth Corridor Tucked into a quiet pocket of Temple Terrace—just two miles from the University of South Florida and minutes to AdventHealth, Moffitt Cancer Center, Busch Gardens, and the I-75/I-275 junction—This 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 parking—features 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 package—LVP flooring, shaker cabinets, stainless appliances—pairs readily with the concrete-block bones and lifts rents to $1,400+ while still keeping cost per unit under new-build figures. Whether you’re chasing yield, seeking a 1031 or assembling scale in Tampa’s coveted workforce-housing lane, This listing checks every box: location, durability, cash flow, and clear runway for rent growth—all at a basis you’ll be bragging about for years.

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Listing Snapshot
Price 
$2,200,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,576 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.13 Acres
Year Built 
1972
MLS® Number 
TB8400257
Status 
Active
Property Tax 
$3,388.45
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
11 hours agoListing updated with changes from the MLS®
23 hours agoListing first seen on site
General Features
Acres 
0.13
Foundation 
Slab
Property Sub Type 
Multi Family
SqFt Total 
1676
Stories 
One
Interior Features
Cooling 
Ductless
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Exterior Features
Construction Details 
Block
Road Frontage 
City Street
Community Features
MLS Area 
33617 - Tampa / Temple Terrace
Roads 
Asphalt
Township 
28
Listing courtesy of ALL COUNTY ADVANCE PROPERTY MANAGEMENT 7272847368



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-06-25 11:31 AM EDT

Neighborhood & Commute
Source: Walkscore
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