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About this home
8602-8606 N 14th St is a 1986-built home in Orange Terrace, Tampa. Inside you'll find 18 bedrooms, 6 bathrooms, and 5,208 square feet of living space. Listed at $1,409,200 (about $271/sqft), 61 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Priced to Sell – Income-Producing 6 Plex (3 Duplexes in a row) in the Heart of Tampa Bay. This well-located 6 Plex features 6 units, each offering 3 bedrooms, 1 bathroom with interior laundry rooms. All units are currently rented and generating immediate cash flow. Duplex 1 Income • Unit A: currently Rented at $2,500 per month • Unit B: expected Rented at $2,200 per month (currently under rented on a short term lease)• Combined gross income: $4,700 per month ($56,400 annually) Duplex 2 • Unit A: expected Rented at $2,200 per month (currently under rented on a short term lease) • Unit B: expected Rented at $2,200 per month (currently under rented on a short term lease) • Combined expected gross income: $4,400 per month ($52,800 annually). Duplex 3 • Unit A: expected Rented at $2,200 per month (currently under rented on a short term lease) • Unit B: expected Rented at $2,200 per month (currently under rented on a short term lease) • Combined expected gross income: $4,400 per month ($52,800 annually) All units are currently under market rents with short term or month-to-month leases. Combined expected gross income for all 6 units: $13,500 per month ($162,000 annually). Landlord covers the water bill and lawn care. Tenant covers the Electric bill (separate electric meters for each unit). No HOA or CDD fees. Conveniently situated in the heart of Tampa Bay with easy access to shopping centers, restaurants, USF, I-275, I-4, and more. A true income-producing property with strong rental performance. Schedule a private tour today before this opportunity is gone.
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Quick answers.
Price
$1,409,200
$271 per sq ft
Beds and baths
18 beds, 6 baths
Size
5,208 sq ft
Time on market
61 days
Year built
1986
Monthly payment
About $8,808/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $9,045 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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