Kristy Darragh
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3921 W State Street, Unit 1 & 2, Tampa, FL 33609

$760,000
  • 3921 W State Street, Unit 1 & 2, Tampa, FL 33609 Main Photo

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Pending
BEDS4 BATHS SQUARE FEET1,831 MLS#TB8465251
STATUSPending PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONBROADMOOR PARK REV

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.

3921 W State Street, Unit 1 & 2 | MLS# TB8465251

This multi-family property located at 3921 W State Street, Unit 1 & 2, Tampa, FL 33609 is currently listed for sale with an asking price of $760,000. Search Tampa real estate on www.realestatenewtampa.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.11 Acres
Roof Type: Shingle
Taxes: $8,632
Year Built: 2023

Amenities

Thermostat
Fence

Feature Descriptions

Annual Net Income: 45703.00
Days on Site: 48
Directions: Turn right onto W State St
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.11
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, ShowingTime
Special Sale Provisions: None
Units: 2
Utilities: Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: PD

Listed By / Shown By

Listed By

Agency Name: IMPACT REALTY TAMPA BAY
Agency Contact: 813-321-1200

Shown By

Agent Name: Kristy Darragh
Agent Phone: (813) 931-6700
Agency Title: Florida Executive Realty

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Estimated Payment

$ 2,632.43 per month $1,691.43 Principal & Interest $719.33 Property Tax $221.67 Homeowner's Insurance

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