FL
Hillsborough
TAMPA
33612
1403 COLLEGE PARK LANE
1403 COLLEGE PARK LANE, TAMPA, FL 33612
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Listing Type
Multi Family
Listing Status
Active
54
$440,000

Home Details for 1403 COLLEGE PARK LANE

Price
$440,000
Type
Residential Income
Bedrooms
4
Total Bathrooms
3
Square feet
1656
Year built
1965
Lot size acres
0.25
County
Hillsborough
Days on site
219
MLS Listing#
TB8466971
Hoa
273
Property Description

Excellent Value-Add Triplex Near USF – NEW PRICE BELOW Appraised Value!!! (Appraised 11/2024 at $455,000) Here’s a rare opportunity to acquire a cash-flowing triplex in one of Tampa’s strongest rental corridors—with one unit vacant and ready for immediate occupancy or higher rents. Current Performance Unit A (Middle – 3 Bed / 1 Bath): Leased at $1,900/month. Solid block construction, in-unit washer/dryer, and central A/C. Unit B (Right – 1 Bed / 1 Bath): Leased at $1,250/month. Frame construction with window A/C. Unit C (Left – Efficiency / 1 Bath): Vacant and ready. Frame construction with window A/C. Ideal for an owner-occupant, a new tenant at market rent, or a light value-add refresh. Current monthly income from leased units: $3,150 Rent Unit C for the going rate of $1,000 and the monthly income goes back to the previous $4,150+ monthly gross. Investor Advantages Association covers water, sewer, and trash (single community meter) — a meaningful reduction in operating expenses. Each unit is individually metered for electricity, so tenants pay their own power. Mix of unit sizes attracts students, young professionals, medical workers, and small families. Proven rental demand just minutes from the University of South Florida, major shopping and dining, public transit, and quick access to I-275. Whether you want a turnkey income property, an owner-occupy opportunity (live in Unit C while the other two pay the mortgage), or a light value-add play, this triplex delivers solid fundamentals in a high-demand Tampa location—and it’s priced below its recent appraisal. Perfect for 1031 exchanges or portfolio expansion.

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Property Features
  • Utilities
    • Cable Available
    • Cable Connected
    • Electricity Available
    • Electricity Connected
    • Water Connected
  • Cooling Information
    • Wall/Window Unit(s)
  • Heating Information
    • Ductless
  • Water Features
    • Public
School Information
School Information for 1403 COLLEGE PARK LANE, TAMPA, FL 33612
Elementary School
Miles-HB
Middle School
Liberty-HB
High School
Freedom-HB
Listing Courtesy: DALTON WADE INC - 888-668-8283
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.
Last Updated: 2026-09-01 13:00:10
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EXIT ELITE REALTY
13911 N. Dale Mabry Hwy Suite #201, Tampa, FL 33618
Office
813 835 0000
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