12 days on rocket

109 W 131st Ave, Tampa, FL, 33612

$1,175,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Baths
3,645 SqFt
$322/SqFt
Multi

Location

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109 W 131st Ave, Tampa$1,175,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1984
HeatingCentral
CoolingCentral Air
ViewTrees/Woods
MLS #TB8317229
Lot Size0.98 Acres
StatusActive

About 109 W 131st Ave

PRIME LOCATION – INVESTOR ALLERT!! Excellent opportunity to own a MULTI-FAMILY property in the heart of Tampa Bay! This offering includes a DUPLEX (1,458 sq ft) and a TRIPLEX (2,187 sq ft) situated on nearly 1-ACRE, right off bustling Florida Ave, just south of Fletcher. This 3,645-square-foot property features five 2BR/1BA units, each 729 sq ft, built with sturdy concrete BLOCK construction, central AC, and NEW SHINGLE ROOFS. Tenants pay all utilities with separate meters aside from a shared water meter. Each unit is in good condition, having been updated a few years ago with wood-look standard tile flooring. Most units feature stainless steel appliances and quality cabinetry in the kitchens and bathrooms. Parking is available for each unit. All units are occupied by month-to-month tenants with below-market rents, providing an excellent opportunity for rental INCOME GROWTH. Plus, with no HOA, there's flexibility for future development! The existing structures are located at the back of the lot, leaving room to potentially BUILD ADDITIONAL UNITS at the front. Located minutes from downtown Tampa, International Mall, MacDill Air Force Base, I-275, shopping, dining, and more! Please do not visit the property or disturb the tenants. Don’t miss out on this fantastic investment opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1984
  • Living Area: 3,645 SqFt

Listing Office:

  • Office Name: BHHS FLORIDA PROPERTIES GROUP
  • Office Phone: (813) 933-1761
  • Listing Agent: Duncan Anderson

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Flooring Type: Ceramic Tile, Tile
  • Interior: Ceiling Fans(s), Open Floorplan, Window Treatments

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Trees/Woods
  • Exterior: Private Mailbox

Virtual/3D Tour

  • Virtual Tour: 109 W 131st Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.98 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: I-275 N to Fletcher Ave, West on Fletcher, South on Florida, West on W. 131st Ave to Address. Property is gated.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,175,000
  • Price Per SqFt: $322/SqFt

Tax Information:

  • Annual Amount: $5,649
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Tampa, FL.

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Tampa, FL

City

Med. Sold Price

$424.7K

Med. Price/SqFt

$274

Avg. Days On Market

53

# of Sold Homes

545

109 W 131st Ave vs Tampa

12 DAYS ON ROCKET

-41 Days

$1,175,000

+$750.2K More

$322/SqFt

+$48 More

KEY TAKEAWAY

This property is $750.2K more than the Median Sold Price and $48/SqFt more than other homes in Tampa, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #TB8317229

Listing Office:

  • Office Name: BHHS FLORIDA PROPERTIES GROUP
  • Office Phone: (813) 933-1761
  • Listing Agent: Duncan Anderson

IDX Listings courtesy of Stellar MLS as distributed by 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.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 8:19:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,649$364,818
2018$4,349$229,002
2017$4,040$210,713

History based on county public records data.

Payment Calculator

$5,932

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,589

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-417084
4
/10

  • Frank D. Miles Elementary School

  • 317 E 124th Ave

  • 0.54 miles

  • Public District Grades KG-5

school-card-donut-417085
5
/10

  • Lake Magdalene School

  • 2002 Pine Lake Dr

  • 1.22 miles

  • Public District Grades PK-5

school-card-donut-417086
2
/10

  • Shaw Elementary School

  • 11311 N 15th St

  • 1.54 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,529. Residents of Tampa, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Hillsborough County›Tampa›33612›109 W 131st Ave

This home is located at 109 W 131st Ave in Tampa, FL and zip code 33612 in the North Tampa neighborhood. This 3,645 square foot home, which was built in 1984, sits on a 0.98 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 09, 2024 and is currently priced at $1,175,000.

In October 2024 more than 80 listings in Tampa, FL were sold above the asking price. During the same period more than 116 listings were sold at asking price, while more than 349 were sold below. The inventory of homes for sale in Tampa, FL between September 2024 and October 2024 decreased by 0.6%. Listings spent 53 days on the market in October 2024, and had a median list price of $424,741 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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