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7108 S Kissimmee St - Southsider Court LLC 3 Unit Apartment Building Offered at $750,000 Tampa, FL 33616

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INVESTMENT HIGHLIGHTS

  • This location captures the true South Tampa lifestyle, close to major event and sporting venues as well as MacDill AFB
  • Fully fenced private lot and freshly paved/striped parking lot
  • Updated Units with Laundry Connections

EXECUTIVE SUMMARY

Unlock an exceptional investment opportunity with this income-producing triplex in prime South Tampa, perfectly situated near MacDill Air Force Base, major transportation routes, and the area’s vibrant shopping, dining, and entertainment scene. This fully occupied and professionally managed property generates a strong gross annual income of $56,000, making it ideal for seasoned investors or those looking to expand their multifamily portfolio. Each unit has been tastefully upgraded with durable vinyl flooring, modern kitchens, updated bathrooms, full-size laundry connections, central heat and air, and spacious, sensible layouts that appeal to quality tenants. The exterior features solid block construction, a fully fenced private lot with low-maintenance vinyl fencing, and a freshly asphalted and striped parking lot, offering both durability and curb appeal. Each unit is individually metered for electric, helping streamline operating costs.
Beyond the property itself, this location captures the true South Tampa lifestyle. Just minutes away, residents can enjoy the bustling nightlife of Hyde Park, SoHo, and Bayshore, with an endless array of locally loved restaurants, craft cocktail bars, coffee shops, and boutique shopping. Outdoor enthusiasts appreciate quick access to iconic Bayshore Boulevard for waterfront jogging, biking, and scenic views. Sports fans will love being within a short drive of Tampa’s major venues—including Raymond James Stadium, Amalie Arena, and Steinbrenner Field—home to the Buccaneers, Lightning, and Yankees spring training. Popular destinations such as Sparkman Wharf, Water Street Tampa, the Tampa Riverwalk, Armature Works, and Downtown Tampa’s cultural attractions are all easily accessible, offering nonstop entertainment and modern urban convenience.
With rising property values throughout South Tampa and increasing demand for well-located multifamily rentals, now is the perfect time to secure this turnkey, income-generating triplex before the next market upswing.

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Price $750,000
Price Per Unit $250,000
Sale Type Investment
No. Units 3
Property Type
Multifamily
  • Multifamily Apartments
Lot Size 0.14 AC
Building Size 2,314 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1983/2024
Zoning RM-24 - Multifamily up to 10 units

AMENITIES

SITE AMENITIES

  • Fenced Lot

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 1 $1,575 736
2+1 1 $1,635 768
2+1 1 $1,530 768

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
A-20-30-18-42J-000117-00023.0
Land Assessment
$122,220 (2024)
Improvements Assessment
$314,875 (2024)
Total Assessment
$437,095 (2024)
  • Listing ID: 38592800

  • Date on Market: 11/27/2025

  • Last Updated:

  • Address: 7108 S Kissimmee St, Tampa, FL 33616

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