
$650,000
1406 21st Avenue
Tampa, FL 33605
Listing updated: August 24, 2026 at 2:11 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Introducing a rare, fully renovated triplex investment opportunity in the heart of V.M. Ybor, one of Tampa’s most dynamic and rapidly evolving urban neighborhoods. Extensively renovated in 2023, nearly every major aspect of the property has been updated, offering investors a turnkey income-producing asset with limited near-term maintenance. The property features a highly desirable three-unit configuration, with the main residence consisting of a spacious 3-bedroom, 2-bath unit previously renting for $2,800 per month and a 2-bedroom, 1-bath unit previously renting for $1,800 per month, along with a detached 1-bedroom, 1-bath accessory dwelling unit providing additional privacy and currently leased at $1,400 per month with approximately seven months remaining on the lease. At full occupancy, the property previously generated approximately $72,000 in annual gross rental income. The tenants in the 3-bedroom and 2-bedroom units recently moved out, creating an excellent opportunity for a new owner to immediately place new tenants, reposition rents, or explore alternative rental strategies based on their investment goals. Located less than a 10-minute drive from Downtown Tampa and just minutes from Ybor City, Tampa Heights, Armature Works, the Tampa Riverwalk, and some of the city’s largest employment, entertainment, and development districts, this property is positioned directly in the path of Tampa’s continued growth. Significant redevelopment, new construction, and investment throughout V.M. Ybor and the surrounding urban core continue to transform the area and strengthen its long-term appeal. Whether you're an investor seeking strong rental income, an owner-occupant looking to offset housing costs with two additional units, or a buyer looking to secure a multi-family asset in a rapidly growing Tampa neighborhood, this renovated V.M. Ybor triplex offers a compelling combination of proven rental history, multiple income streams, extensive 2023 renovations, and an exceptional location minutes from the heart of the city.
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 history5 days on market
- Status: ActiveAug 19, 2026
- Listed$650,000Aug 19, 2026
- Price increased$650,000
Facts & features
- Property type
- Residential Income
- Sub type
- Triplex
- Status
- Active
- Days on market
- 5
- Subdivision
- Panama
- County
- Hillsborough
- Year built
- 1926
- Living area
- 2,127 sq ft
- Price/sq ft
- $306
- Building area
- 2,373 sq ft (Public Records)
- Lot size
- 5,000 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- x
- Annual taxes
- $4,530 (2025)
- Parcel #
- A-07-29-19-4UM-000009-00010.0
- Zoning
- RS-50
- MLS #
- TB8540301
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Interior Details
- Bedrooms
- 6
- Flooring
- Vinyl
- Appliances
- Built-In Oven, Cooktop, Disposal, Gas Water Heater, Microwave, Refrigerator
- Interior features
- Ceiling Fans(s)
- Laundry
- Inside, Laundry Room, Outside
- Stories / Levels
- One
Heating & Cooling
- Heating
- Central, Electric
- 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
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Lighting, Private Entrance, Private Mailbox
- Construction materials
- Asbestos
- Roof
- Metal, Shingle
- Foundation
- Block
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Available, Natural Gas Connected, Sewer Connected, Water Connected
Community
- Pets allowed
- Yes
Listing Details
- Listing date
- 2026-08-19
- On market date
- 2026-08-19
- Original list price
- $650,000
- Occupant type
- Tenant
- MLS area
- 33605 - Tampa / Ybor City
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-08-19
- Tax legal description
- PANAMA LOT 10 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 East on E. Dr. Martin Luther King Jr. Blvd. to N. Nebraska Ave. (Turn Right Heading South) Continue to the Intersection of E. Floribraska Ave., Turn Left on to E. 21st Ave Continuing East to 1406 E 21st Ave, Tampa, FL 33605-1895, On Left Hand Side of Road, across the Street from Cuscaden Pary
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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 August 24, 2026 at 2:11 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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