1403 COLLEGE PARK LANE, TAMPA, FL 33612

Description of 1403 COLLEGE PARK LANE, TAMPA, FL 33612

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.

Property Details for 1403 COLLEGE PARK LANE, TAMPA, FL 33612

Interior Features

Window Treatments

Heating

Wall Units / Window Unit

Cooling

Wall/Window Unit(s)

Pool Private

No

Building Information for 1403 COLLEGE PARK LANE, TAMPA, FL 33612

Building Area Units

Square Feet

Association

Yes

Association Fee

$273

Association Fee Frequency

Monthly

Pets Allowed

Breed Restrictions

Property Information for 1403 COLLEGE PARK LANE, TAMPA, FL 33612

Lot Features

Cul-De-Sac

Lot Size Square Feet

11,022

Waterfront

No

View

No

Construction Materials

Concrete

Roof

Shingle

Exterior Features

Fenced, Lighting, Sidewalk

Sewer

Public Sewer

Water Source

Public

New Construction

No

Public Records for 1403 COLLEGE PARK LANE, TAMPA, FL 33612

Parcel Number

U0728191GND0000000008.4

Tax Annual Amount

$5,258

Tax Year

2024

Tax Legal Description

HAMNER'S W E HOMESTEAD ACRES PART OF LOT 8 BLOCK 9 DESC AS BEG AT SW COR OF SAI LOT 8 THN N 00 DEG 07 MIN 40 SEC W ALONG W BDRY OF SAID LOT 8 80.00 FT THN N 77 DEG 37 MIN 40 SEC E 102.33 FT THN N 00 DEG 07 MIN 40 SEC W 25.00 FT TO POINT OF INTERSECTI ON WITH N BDRY OF LOT 8 THN E 14.85 FT THN S 00 DEG 07 MIN 40 SEC E 126.93 FT TO POINT OF INTERSECTION WITH S BDRY OF SAID LOT 8 THN W 114.85 FT TO POB

Zoning

RMC-12

County Or Parish

Hillsborough

Schools Near 1403 COLLEGE PARK LANE, TAMPA, FL 33612

Elementary School

Miles-HB

Middle School

Liberty-HB

High School

Freedom-HB

School assignments are provided by the listing and should be independently verified.

Payment Calculator

Location