3111 W SPRUCE STREET
Tampa, FL 33607
$974,900
Incredible investment opportunity to own a Triplex apartment building in one of the area's most desirable locations! This property underwent a comprehensive renovation throughout 2025 with no expenses spared, completed with permits and qualified technicians. Now completely occupied and generating over $80,000 in annual rental income, this is a truly turnkey investment. Situated on an oversized corner lot spanning 11,880 square feet (.27 acres) in a prime location - just steps from Macfarlane park, West Tampa little league, schools, grocery stores, restaurants and more. Assumable 6% FHA loan available.
Every major system has been updated for years of worry-free ownership: brand new roof and gutters, new IMPACT WINDOWS & doors. Unit A features a new HVAC system, Unit C has a new mini-split, and Unit B's HVAC is only 5-6 years old. All three units feature new water heaters and washer/dryers in each unit.
The interiors have been fully remodeled throughout, featuring solid core doors at all bedrooms and bathrooms for added privacy and quality, plus stainless steel appliances and granite countertops in every kitchen.
Each unit is thoughtfully separated with its own private driveway, and the property offers a generous 9 off-street parking spaces total—a rare and valuable feature for multi-family properties. Unit mix: Apartment A - 3 bedroom/2 bathroom/$2440 monthly, Apartment B - 4 bedroom/2 bathroom/$3000 monthly, Apartment C - 1 bedroom/1 bathroom/$1550 monthly. Apartment C is fully furnished and equipped with a smart lock, making it move-in ...
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Listing Courtesy of: COASTAL PROPERTIES GROUP INTER
813-756-1111
| Listing Id: | TB8548923 |
|---|---|
| List Price: | $974,900 |
| Property Type: | Residential Income |
| Property Sub Type: | Triplex |
| Status: | Active |
| Bedrooms Total: | 8 |
| Bathrooms Full: | 5 |
| Living Area: | 3,185 |
| Tax Annual Amount: | $3,208 |
| Lot Size Square Feet: | 11,880 |
| Lot Size Acres: | 0.27 |
| Waterfront?: | No |
| City: | Tampa |
| County Or Parish: | Hillsborough |
| Subdivision Name: | Mac Farlane Park |
| Postal Code: | 33607 |
| Year Built: | 1979 |
| Appliances: | Dishwasher, Range, Refrigerator |
| Bathrooms Total Integer: | 5 |
| Building Area Source: | Public Records |
| Building Area Total: | 3569 |
| Building Area Units: | Square Feet |
| Foundation Details: | Slab |
| Construction Materials: | Block, Stucco |
| Cooling: | Central Air, Mini-Split Unit(s) |
| Directions: | Heading north on MacDill ave, turn left on Spruce st, home will be on your right. |
| Exterior Features: | Lighting |
| Flooring: | Luxury Vinyl |
| Gross Income: | $83,880 |
| Heating: | Central, Electric |
| Interior Features: | Ceiling Fans(s) |
| Laundry Features: | Inside |
| Levels: | One |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Features: | Corner Lot |
| Lot Size Acres: | 0.27 |
| Lot Size Dimensions: | 88x135 |
| Postal Code Plus4: | 4248 |
| MLS Area Major: | 33607 - Tampa |
| MLS Area Major: | 33607 - Tampa |
| Original List Price: | $974,900 |
| Parcel Number: | A-15-29-18-4PV-000049-00017.0 |
| Parking Features: | Circular Driveway, Curb Parking, Driveway, Off Street |
| Patio And Porch Features: | None |
| Pets Allowed: | Yes |
| Township: | 29 |
| Road Surface Type: | Asphalt |
| Roof: | Shingle |
| Listing Terms: | Cash, Conventional, FHA, VA Loan |
| Tax Year: | 2025 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Tenant Pays: | Electricity |
| Total Actual Rent: | $6,990 |
| Utilities: | Public |
| View: | Park/Greenbelt |
| Water Source: | Public, Well |
| Property Condition: | Completed |
| Public Survey Range: | 18 |
| Public Survey Section: | 15 |
| Zoning: | RS-50 |
| Alternate Key Folio Num: | 1805380000 |
| Annual Net Income: | 68153.00 |
| Available For Lease Yn: | Yes |
| Building Area Total Srch Sq M: | 331.57 |
| Calculated List Price By Calcula: | 306.09 |
| Cddyn: | No |
| Dprurl: | https://www.workforce-resource.com/dpr/listing/MFRMLS/TB8548923?w=Agent&skip_sso=true |
| Dprurl 2: | https://www.workforce-resource.com/dpr/listing/MFRMLS/TB8548923?w=Customer |
| Dpryn: | Yes |
| Flood Zone Code: | X |
| Flood Zone Date: | 2021-10-07 |
| Flood Zone Panel: | 12057C0353J |
| Green Verification Count: | 0 |
| Homestead Yn: | No |
| Lease Restrictions Yn: | No |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 295.90 |
| Lot Size Square Meters: | 1104 |
| Sdeo yn: | No |
| Terms Of Lease: | Gross Lease |
| Total Acreage: | 1/4 to less than 1/2 |
| Total Num Buildings: | 1 |
| Unit Count: | 3 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Individually Metered: | Electric |
| Association 2 Yn: | 0 |
| Attribution Contact: | 813-756-1111 |
| Originating System Name : | Stellar MLS |
| Green Energy Generation Yn: | No |
| Number Of Separate Electric Meters: | 2 |
| Number Of Separate Water Meters: | 2 |
| Listing Contract Date: | 2026-09-22 |
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Property Last Updated: October 08, 2026 06:05 PM - ET
