1406 E 21ST AVENUE
Tampa, FL, 33605 $ 650,000
Bedrooms6 Baths4.0 Sq 2,127 Monthly Estimate*
$ 4,104
for $650,000 with 6 bedrooms and 4 full baths. This 2,127 square foot home was built in 1926 on a lot size of 0.11.
Introducing a rare, fully renovated triplex investment opportunity in the heart of V.M. Ybor, one of Tampa’s most dynamic and rapidly evolving urban neighborhoods. Extensively renovated in 2023, nearly every major aspect of the property has been updated, offering investors a turnkey income-producing asset with limited near-term maintenance. The property features a highly desirable three-unit configuration, with the main residence consisting of a spacious 3-bedroom, 2-bath unit previously renting for $2,800 per month and a 2-bedroom, 1-bath unit previously renting for $1,800 per month, along with a detached 1-bedroom, 1-bath accessory dwelling unit providing additional privacy and currently leased at $1,400 per month with approximately seven months remaining on the lease. At full occupancy, the property previously generated approximately $72,000 in annual gross rental income. The tenants in the 3-bedroom and 2-bedroom units recently moved out, creating an excellent opportunity for a new owner to immediately place new tenants, reposition rents, or explore alternative rental strategies based on their investment goals. Located less than a 10-minute drive from Downtown Tampa and just minutes from Ybor City, Tampa Heights, Armature Works, the Tampa Riverwalk, and some of the city’s largest employment, entertainment, and development districts, this property is positioned directly in the path of Tampa’s continued growth. Significant redevelopment, new construction, and investment throughout V.M. Ybor and the surrounding urban core continue to transform the area and strengthen its long-term appeal. Whether you're an investor seeking strong rental income, an owner-occupant looking to offset housing costs with two additional units, or a buyer looking to secure a multi-family asset in a rapidly growing Tampa neighborhood, this renovated V.M. Ybor triplex offers a compelling combination of proven rental history, multiple income streams, extensive 2023 renovations, and an exceptional location minutes from the heart of the city.
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FeaturesGeneralSewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities Electricity Available Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Metal Shingle
Appliances Built-In Oven Cooktop Disposal Gas Water Heater Microwave Refrigerator
Zoning RS-50
Patio/Porch Features Porch
Construction Materials Asbestos
Pets Allowed Yes
Year Built 1926
Levels One
Property Subtype Triplex
Tax Year 2025
Ownership Fee Simple
County Hillsborough
New Construction false
Property Type Residential Income
Subdivision Name PANAMA
Garage Y/N false
Status Active
Directions Traveling East on E. Dr. Martin Luther King Jr. Blvd. to N. Nebraska Ave. (Turn Right Heading South) Continue to the Intersection of E. Floribraska Ave. Turn Left on to E. 21st Ave Continuing East to 1406 E 21st Ave Tampa FL 33605-1895 On Left Hand Side of Road across the Street from Cuscaden Pary
City TAMPA
Senior Community Y/N false
Number Of Units Total 3
MLS Area 33605 - Tampa / Ybor City
Lot Size Units Square Feet
Lot Size Square Feet 5000
Carport Y/N false
Listing Terms Cash Conventional FHA
Land Lease Y/N false
Tax Annual Amount 4530
Ok to Lease 12 Months
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8540301
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 10
Total Actual Rent 72000
Legal Description PANAMA LOT 10 BLOCK 9
Minimum Lease No Minimum
Water Access Y/N false
Water View Y/N false
Flood Zone Code x
DockY/N false
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InteriorInterior Amenities Ceiling Fan(s)
Flooring Vinyl
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside Laundry Room Outside
Total Bedrooms 6
Total Baths 4
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ExteriorExterior Amenities Lighting Private Entrance Private Mailbox
Water Source Public
Lot Size Area 5000
Foundation Details Block
Number of Buildings 2
Building Area Total 2373
Lot Dimensions 50 x 100
Lot Size Acres 0.11
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
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* Excluded FeaturesList ByKeller Williams Tampa CentralBroker
kamilla@kva-group.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,104
- Monthly Property Taxes
- $378
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Tampa, FL
Average List Price $754,557
Percent of Sale Price 16%
About Tampa, FL 378,990 Population
25% Since 2002
$ 49,435 Median Income
37.04 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/19/2026 | $650,000 | | Listed Price |