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Chelsea Place 806 E Chelsea St 4 Unit Apartment Building $1,195,000 ($298,750/Unit) 7.87% Cap Rate Tampa, FL 33603
EXECUTIVE SUMMARY
Opportunity to own a fully renovated quadruplex in the heart of Seminole Heights, one of Tampa’s most desirable neighborhoods. This income-producing property offers modern updates throughout while maintaining classic Seminole Heights charm. Conveniently located near popular dining, shopping, and major highways, it’s ideal for both investors and long-term holds.
Please Note: Do not disturb tenants or visit the property without prior approval. Serious inquiries only. POF and LOI required prior to any showings. No exceptions.
Please Note: Do not disturb tenants or visit the property without prior approval. Serious inquiries only. POF and LOI required prior to any showings. No exceptions.
FINANCIAL SUMMARY (ACTUAL - 2024) 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
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) 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 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,195,000 | Apartment Style | Low-Rise |
| Price Per Unit | $298,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.21 AC |
| Cap Rate | 7.87% | Building Size | 4,517 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1923/2025 |
| Zoning | SH-RS - Residential Single Family | ||
| Price | $1,195,000 |
| Price Per Unit | $298,750 |
| Sale Type | Investment |
| Cap Rate | 7.87% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 4,517 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1923/2025 |
| Zoning | SH-RS - Residential Single Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 1 | - | - |
| 3+1 | 1 | - | - |
1 1
Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | A-01-29-18-4GR-000002-00014.0 | Total Assessment | $380,690 |
| Land Assessment | $94,594 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $286,096 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
A-01-29-18-4GR-000002-00014.0
Land Assessment
$94,594
Improvements Assessment
$286,096
Total Assessment
$380,690
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Presented by
Maynor Perea
Chelsea Place | 806 E Chelsea St
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