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$440,000

1403 College Park Lane

Tampa, FL 33612

Listing updated: September 1, 2026 at 2:52 PM ET

Active

Listing courtesy of Dalton Wade Inc · Michael Brule · MLS #TB8466971 · Active · 888-668-8283

Beds

Baths

1,656

Sq Ft

0.25

Acres

1965

Built

◆$266/sqft◆360° tour

Triplex

Property type

1965

Year built

11,022 sqft

Lot size

$266

Price / sq ft

$273/mo

HOA dues

186

Days on market

Flood zone

About this home

Excellent Value-Add Triplex Near USF – NEW PRICE BELOW Appraised Value!!! (Appraised 11/2024 at $455,000) Here’s a rare opportunity to acquire a cash-flowing triplex in one of Tampa’s strongest rental corridors—with one unit vacant and ready for immediate occupancy or higher rents. Current Performance Unit A (Middle – 3 Bed / 1 Bath): Leased at $1,900/month. Solid block construction, in-unit washer/dryer, and central A/C. Unit B (Right – 1 Bed / 1 Bath): Leased at $1,250/month. Frame construction with window A/C. Unit C (Left – Efficiency / 1 Bath): Leased at $1,000/month. Frame construction with window A/C. Current monthly income from leased units: $4,150 Investor Advantages Association covers water, sewer, and trash (single community meter) — a meaningful reduction in operating expenses. Each unit is individually metered for electricity, so tenants pay their own power. Mix of unit sizes attracts students, young professionals, medical workers, and small families. Proven rental demand just minutes from the University of South Florida, major shopping and dining, public transit, and quick access to I-275. Whether you want a turnkey income property, or a light value-add play, this triplex delivers solid fundamentals in a high-demand Tampa location—and it’s priced below its recent appraisal. Perfect for 1031 exchanges or portfolio expansion.

Estimated monthly payment

Principal & interest$2,225

Property taxes$438

Home insurance (est.)$202

HOA dues$273

Down payment

20%

$88,000 downRate

6.5%

Term

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history186 days on market

Status: Active
Apr 15, 2026
Listed$450,000
Jan 27, 2026
Price reduced$440,000

Facts & features

Property type: Residential Income
Sub type: Triplex
Status: Active
Days on market: 186
Subdivision: Hamners W E Homestead Acres
County: Hillsborough
Year built: 1965
Living area: 1,656 sq ft
Price/sq ft: $266
Lot size: 11,022 sq ft
Lot category: 1/4 to less than 1/2
Flood zone: X (12057C0212H)
Annual taxes: $5,258 (2024)
Parcel #: U-07-28-19-1GN-D00000-00008.4
Zoning: RMC-12
MLS #: TB8466971

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Interior Details

Bedrooms: 4
Interior features: Window Treatments
Laundry: Laundry Closet

Heating & Cooling

Heating: Ductless
Cooling: Wall/Window Unit(s)

HOA & Financial

HOA fee: $273 / Monthly
Monthly HOA: $273/mo
Total monthly fees: $273/mo
Total annual fees: $3,276
HOA name: MicroHOA
CDD: No
Listing terms: Cash, Conventional
Ownership: Fee Simple
Additional lease restrictions: Contact HOA. Buyer/Buyers agent to verify
Approval process: Contact HOA. Buyer/Buyers agent to verify.

Exterior & Construction

Exterior features: Fence, Lighting, Sidewalk
Construction materials: Concrete
Roof: Shingle
Foundation: Slab
Road surface: Paved

Utilities

Sewer: Public Sewer
Water source: Public
Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Water Connected

Community

Pets allowed: Breed Restrictions

Schools

ElementaryMiles-HBGreatSchools ↗

MiddleLiberty-HBGreatSchools ↗

High SchoolFreedom-HBGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Listing Details

Listing date: 2026-01-26
On market date: 2026-01-27
Original list price: $450,000
Occupant type: Tenant
MLS area: 33612 - Tampa / Forest Hills
Listing AOR: Suncoast Tampa
Status changed: 2026-04-15
Tax legal description: HAMNER'S W E HOMESTEAD ACRES PART OF LOT 8 BLOCK 9 DESC AS BEG AT SW COR OF SAI LOT 8 THN N 00 DEG 07 MIN 40 SEC W ALONG W BDRY OF SAID LOT 8 80.00 FT THN N 77 DEG 37 MIN 40 SEC E 102.33 FT THN N 00 DEG 07 MIN 40 SEC W 25.00 FT TO POINT OF INTERSECTI ON WITH N BDRY OF LOT 8 THN E 14.85 FT THN S 00 DEG 07 MIN 40 SEC E 126.93 FT TO POINT OF INTERSECTION WITH S BDRY OF SAID LOT 8 THN W 114.85 FT TO POB

Flood risk

Minimal riskFEMA Zone XPanel 12057C0212H

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

E. Fowler Avenue (east of I-275 & west of Bruce B. Downs), go north on N. 15 Street, left on College Park Lane, property is at the end on the left

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IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of September 1, 2026 at 2:52 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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