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Investment Opportunity

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12703 N 15TH STREET TAMPA FL 33612 MLS #TB8429529

12703 N 15TH STREET
TAMPA, FL, 33612
$1,395,000
16 Beds
9 Bathrooms
3,220 SqFt
0.43 Acres
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$1,395,000
12703 N 15TH STREET
TAMPA, FL, 33612
MLS #TB8429529 image #0MLS #TB8429529 image #1MLS #TB8429529 image #2MLS #TB8429529 image #3MLS #TB8429529 image #4MLS #TB8429529 image #5MLS #TB8429529 image #6MLS #TB8429529 image #7MLS #TB8429529 image #8

Project Description

12703 N 15th St is a unique opportunity to own a stabilized 8 unit multi-family apartment complex in the rapidly growing university area of Tampa with substantial room for growth. With great proximity to USF, 12703 N 15th St is less than 1 miles from Universities Urban Core.

Ownership spent over 200k in CapEx including new roofs, exterior paint, landscaping, paved parking lot, separate water meters shared grass area. Interior renovations include new luxury vinyl flooring, shaker cabinets, quartz countertops, stainless steel appliances and in-unit laundry.

Current Rent Roll: $12,560

Unit Mix:

1/1 – 2

2/1 – 4

3/1 – 1

3/2 – 1

New owner has the ability to recapture an average of $263/month unit – increasing the the total rent roll by $25,248

Enjoy a strong cashflow right from the start and let the property appreciate.

Property Details

Price:
$1,395,000
MLS #:
TB8429529
Status:
Active
Beds:
16
Baths:
9
Type:
Multi Family
Subdivision:
UNPLATTED
Neighborhood:
33612tampaforesthills
Listed Date:
Sep 19, 2025
Finished Sq Ft:
3,220
Lot Size:
18,788 sqft / 0.43 acres (approx)
Year Built:
1960
Units:
8
33612 – Tampa / Forest Hills33612tampaforesthillsUnplatted

Property Direction

Subdivisions in TAMPA

Schools

Interior

Cooling
Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
Heating
Electric
Laundry Features
Electric Dryer Hookup, In Kitchen, Inside, Laundry Room, Washer Hookup

Exterior

Construction Materials
Block, Wood Frame
Exterior Features
Fenced
Roof
Shingle

Financial

Tax Year
2024
Taxes
$10,281

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Quick Information

Profitability of the Property

Net Monthly Income:
Annual Profitability of:
12703 N 15TH STREET
TAMPA, FL