$599,000
8720 48th Street
Tampa, FL 33617
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Under contract-accepting backup offers. INVESTOR ALERT – Exceptional Multi-Family Opportunity in Tampa Rare opportunity to acquire two block-construction duplexes comprising four total units on two separate parcels in Tampa’s growing suburban market. Each duplex has its own tax parcel ID, offering flexibility for future individual resale, refinancing, or long-term portfolio optimization. Each unit features a 2-bedroom, 1-bath layout with a dedicated laundry room, fully fenced private yard, and two assigned parking spaces per unit—a highly desirable combination that supports long-term tenant retention. Tenants pay their own utilities, including water and trash, and each duplex is separately metered for water, keeping operating expenses efficient and predictable. Most units are currently leased, providing an immediate and stable income stream. The properties are well maintained, have experienced low vacancy, and are well positioned as workforce housing in a market with sustained rental demand. There is meaningful upside potential through interior updates and rent optimization, offering investors the opportunity to increase cash flow over time while benefiting from solid fundamentals today. Owner-occupant opportunity: A buyer could live in one unit and rent the remaining units, creating the potential to offset housing expenses while building long-term equity. Buyer to verify financing terms and rental income suitability. Not located in a flood zone. Please do not disturb tenants. Showings by appointment only. Additional information available upon request. Don’t miss this opportunity to acquire a strategically located, income-producing multi-family asset with built-in future flexibility in the Tampa market.
Estimated monthly payment
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 history86 days on market
- Status: PendingMay 1, 2026
- Listed$630,000Feb 2, 2026
- Price reduced$599,000
Virtual Tour
Facts & features
- Property type
- Residential Income
- Sub type
- Duplex
- Status
- Pending
- Days on market
- 86
- Subdivision
- Druid Hills Rev
- County
- Hillsborough
- Year built
- 1972
- Living area
- 1,576 sq ft
- Price/sq ft
- $380
- Building area
- 1,676 sq ft (Public Records)
- Lot size
- 5,550 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12057C0218J)
- Annual taxes
- $3,530 (2024)
- Parcel #
- A-21-28-19-43N-000009-00025.0
- Zoning
- RM-16
- MLS #
- TB8471903
Interior Details
- Bedrooms
- 8
- Flooring
- Tile
- Appliances
- Range, Refrigerator
- Interior features
- Walk-In Closet(s)
- Laundry
- Inside, Laundry Room
- Stories / Levels
- One
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Fence
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt, Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Connected, Water Available, Water Connected
Community
- Pets allowed
- Yes
Schools
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
- 2026-01-27
- On market date
- 2026-02-02
- Original list price
- $630,000
- MLS area
- 33617 - Tampa / Temple Terrace
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-05-01
- Tax legal description
- DRUID HILLS RE-REVISED LOT 25 BLOCK 9
Flood risk
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
Traveling on East Busch Blvd, turn South on N 48th Street, the properties will be on your Right and Left.
More homes like this
$199,000
8716 N Tangerine Pl
Tampa, FL 33617
4 bd · 3 ba · 1,242 sqft
Druid Hills Rev
MLS# TB8499926
$220,000
8710 N Tangerine Pl
Tampa, FL 33617
3 bd · 2 ba · 837 sqft
Druid Hills Rev
MLS# TB8506529
$259,999
8738 N Tangerine Pl
Tampa, FL 33617
3 bd · 2 ba · 1,020 sqft
Druid Hills Rev
MLS# TB8505989
$339,999
8713 N Mandarine Pl
Tampa, FL 33617
4 bd · 2 ba · 1,576 sqft
Druid Hills Rev
MLS# TB8459016
Listings courtesy of Stellar MLS as distributed by MLS GRID
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 May 29, 2026 at 4:17 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.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA