3111 West Horatio Street

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

3111 West Horatio Street

Tampa, FL 33609
Asking Price
$3.98M
Cap Rate
6.11%
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Tampa
  • The residential property consists of 16 individual units
  • Priced at 3,975,000 dollars for the asset acquisition
  • The building maintains a current cap rate of 6.11 percent
  • Located in the 33609 zip code within Tampa, Florida

What's Special

This multifamily apartment building is currently available for sale in Tampa, Florida, offering an attractive addition to a residential investment portfolio. Featuring 16 units, the property is situated in a well-established submarket within the Tampa metropolitan area, a region characterized by consistent demographic growth and a diverse, expanding economy. Its location at 3111 West Horatio Street provides access to the major urban centers and regional thoroughfares that define the Gulf Coast business environment. Investors focusing on income-producing assets may find this configuration suitable for long-term rental strategies. The property provides functional living spaces that cater to the local demand for housing in this specific zip code. As part of a larger, vibrant city, the site benefits from proximity to significant employment hubs and lifestyle amenities that contribute to tenant retention. Whether seeking to bolster existing holdings or enter the regional market, this apartment building presents a clear path to generating yield in a key Florida corridor.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
2.01%
DSCR
0.34
Underwater
Cash-on-Cash
-13.08%
Monthly Payment
$19,666.131
Annual Cash Flow
$-155,993.574

Location & Travel Times