6404 S Adelia Ave., Tampa, FL 33616

6404 S Adelia Ave., Tampa, FL 33616
Photo 1 of 15
$900,000
Beds Baths Sq. Ft. Taxes Built
8 0.00 3,294 $5,116.44 1984
On the market: 18 days
Recent price change: $990,000

Est. Monthly Payment:

$5,815($5,389 + $426 taxes*)

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APPROVED
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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.
Listing courtesy of Stephen Gay & Katherine Glaser, SMITH & ASSOCIATES REAL ESTATE & SMITH & ASSOCIATES REAL ESTATE