$550,000
3324 W ABDELLA STREET
TAMPA, FL, 33607
Investor’s Dream Near Raymond James Stadium!
Discover this versatile income-producing property in Tampa, just minutes from Raymond James Stadium and Steinbrenner Field. Originally a 3-bedroom, 2-bath home, this property has been thoughtfully converted into two studio apartments, one 1-bedroom apartment, and a main living space with 2 Bedrooms and 1 bath.
Current NOI is $36k with a 6.5% Cap Rate, and units are on month-to-month leases at below-market rates. With a Potential Gross Income (PGI) of $64K annually based on current rental market valuation, the property offers a potential of 11.5% Cap Rate.
Updated roof (2021) + solar panels for energy efficiency.
Prime location – close to highways, shopping, dining, and major attractions.
Spacious parking for tenants and guests.
Endless potential for short-term or long-term rentals.
With a motivated seller and multiple income streams, this property is a true investor’s gem in one of Tampa’s hottest rental markets.
Discover this versatile income-producing property in Tampa, just minutes from Raymond James Stadium and Steinbrenner Field. Originally a 3-bedroom, 2-bath home, this property has been thoughtfully converted into two studio apartments, one 1-bedroom apartment, and a main living space with 2 Bedrooms and 1 bath.
Current NOI is $36k with a 6.5% Cap Rate, and units are on month-to-month leases at below-market rates. With a Potential Gross Income (PGI) of $64K annually based on current rental market valuation, the property offers a potential of 11.5% Cap Rate.
Updated roof (2021) + solar panels for energy efficiency.
Prime location – close to highways, shopping, dining, and major attractions.
Spacious parking for tenants and guests.
Endless potential for short-term or long-term rentals.
With a motivated seller and multiple income streams, this property is a true investor’s gem in one of Tampa’s hottest rental markets.
Property Details
Price:
$550,000
MLS #:
TB8418630
Status:
Active
Beds:
3
Baths:
2
Address:
3324 W ABDELLA STREET
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
JOHN H DREWS FIRST EXT
Neighborhood:
33607 – Tampa
City:
TAMPA
Listed Date:
Aug 22, 2025
State:
FL
Finished Sq Ft:
2,028
Total Sq Ft:
2,551
ZIP:
33607
Lot Size:
5,562 sqft / 0.13 acres (approx)
Year Built:
2002
Schools
Interior
Appliances
Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Carpet, Tile
Heating
Central
Laundry Features
Laundry Room
Exterior
Architectural Style
Contemporary, Traditional
Construction Materials
Stucco
Exterior Features
Awning(s), Private Mailbox, Sidewalk
Roof
Shingle
Financial
Tax Year
2024
Taxes
$2,234
Mortgage Calculator
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3324 W ABDELLA STREET
TAMPA, FL
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