$880,000

6404 S ADELIA AVENUE, Tampa, FL 33616

  • 8 beds |
  • 4 baths |
  • 3,294 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1984
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $267/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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 Status:
Active
Date Added:
February 16, 2026
Data Last Updated:
April 8, 2026 at 7:21AM
Listing Office:
SMITH & ASSOCIATES REAL ESTATE : 813-839-3800
Listing Agent:
Stephen Gay : 813-380-4343
MLS ID:
TB8476902
  • General: Solid Surface CountersSolid Wood CabinetsThermostat
  • Appliances: CooktopDishwasherRefrigerator
  • Laundry: InsideLaundry Closet
  • Flooring: CarpetVinyl
  • A/C: Central AirZoned
  • Heating: CentralElectric
  • General: CourtyardSidewalk
  • Parking: Open
  • Roofing: Shingle
  • General: BlockStuccoOneSlab
  • Road/Access: Asphalt
  • Originating MLS: Stellar MLS
  • County: Hillsborough
  • Zoning: RM-16SUNSET ADDITION LOT 2 BLOCK 9A-16-30-18-41Y-000009-00002.0
  • Utilities: Electricity Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Stephen Gay , SMITH & ASSOCIATES REAL ESTATE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Chiaramonte Elementary School

6001 S Himes Ave, Tampa, FL, 33611

Grades PK-5

0.73 miles away

J

James Monroe Junior High School

4716 W Montgomery Ave, Tampa, FL, 33616

Grades 6-8

1.02 miles away

R

Robinson High School

6311 S Lois Ave, Tampa, FL, 33616

Grades 9-12

0.42 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.