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6404 S ADELIA AVE,  TAMPA, FL 33616

MLS# TB8476902.  8 beds.  0.0 baths.  Apartment.  Active

$5,116 in taxes (2024)

$880,000   Reduced by $20,000 (2.3%)

 

Remarks:

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.

Quick Info:

  • Listing is courtesy Of: SMITH & ASSOCIATES REAL ESTATE ((813-839-3800))
  • Listing Agent: Stephen Gay ((813-380-4343))
  • Days on yellowkey: 45
  • Property Type: Apartment
  • Beds: 8
  • Baths: 0.0
  • Living Area Square Feet: 3294
  • Built 1984
  • Taxes: $5,116 (2024)
  • Garage Spaces: ()
  • Square Feet: 3366
  • Fees: $0
  • Hillsborough County
  • Terms: Cash, Conventional
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  • Occupancy Information: Tenant
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  • Subdivision Name: SUNSET ADDITION
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  • Parking Description: Open
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History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
4/2/2026Sale44TB8476902Price Change$880,000-2.22%261.4379MLS
2/16/2026Sale0TB8476902listed for sale$990,000-267.3796MLS




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