4 months on rocket

4507-4517 E Giddens Ave, Tampa, FL, 33610

$2,200,000

Home List Price

$10,000*

Closing Credit

0 Baths
8,424 SqFt
$261/SqFt
Multi

Location

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4507-4517 E Giddens Ave, Tampa$2,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1974
HeatingCentral, Electric
CoolingCentral Air
MLS #T3535251
Lot Size0.68 Acres
StatusActive

About 4507-4517 E Giddens Ave

1031 TAX EXCHANGE friendly!!! ****** Please bring all offers, seller likes to negotiate! 100% occupied 6 Duplexes for Sale. Prime Investment Opportunity!** This exceptional investment opportunity features six duplexes, totaling 12 income-producing units, all conveniently located next to each other. Situated in the heart of Tampa. Each unit features 2 bedrooms and 1 bathroom. Tenants pay all utilities, reducing landlord expenses Each unit has separate water and electric meters. Landlord only pays for landscaping, Taxes, Sewage & Insurance. One unit recently rented for $1,563/month. Tampa Housing Authority offers $1,771/month for 2-bedroom, 1-bathroom units in the same zip code Property is currently rented for $11,113 per month, equating to an annual gross income of $133,356 The property is currently under-rented, providing significant potential to increase rents to market rates. Tampa housing shows a payment standard of $1771 a month if you were to get all units rented with Tampa housing that’s a potential annual gross rent of $21,252 per month X 12 months = $255,024 With tenants responsible for their utilities and minimal landlord expenses, these units generate substantial rental income.There's significant potential to increase rents to match market rates, maximizing returns on investment.Proximity to major amenities and transportation hubs ensures high demand and occupancy rates.These properties offer easy access to shopping centers, gyms,Hard Rock Casino,Walmart, USF, I-275, I-4, Busch Gardens, Downtown Tampa, and more. Schedule a viewing today to explore this cash cow investment before it's no longer available. This is a prime opportunity to secure a high-yield property in a rapidly growing area. *** Potential seller financing available with 50% down. Total Income - $11,113per month X12 month = $133,356 Gross annual rent Expenses - Insurance $18,000 annual Taxes $14,347.48 Lawn care $3600 annual Annual Expenses =$35,947.48-$133,356 Gross rents = Net Income $97,408.52 4507 E Giddens ave Tampa Florida 33610 Unit A - $1563 lease ends 06/2025 Unit B- $1,000 month to month =$2536 per month 4509 E Giddens ave Tampa Florida 33610 Unit A -$1000 month to month Unit B -$850 month to month =$1850 per month 4511 E Giddens ave Tampa Florida 33610 Unit A -$825 Unit B -$900 month to month =$1725 per month 4513 E Giddens ave Tampa Florida 33610 Unit A-$800 month to month Unit B-$900 month to month =$1700 per month 4515 E Giddens ave Tampa Florida 33610 Unit A -$850 month to month Unit B -$900 month to month =$1750 per month 4517 E Giddens ave Tampa Florida 33610 Unit A-$800 month to month Unit B-$725 month to month =$1525 per month Tampa housing payment standard https://www.tampaha.org/payment-standards

Property Details

Property Features

Property Information:

  • Year Built: 1974
  • Living Area: 8,424 SqFt

Listing Office:

  • Office Name: YOU FIRST REALTY AND ASSOC LLC
  • Office Phone: (813) 458-6686
  • Listing Agent: Ramez Lahham

Interior Features

Interior Information:

  • Interior: Living Room/Dining Room Combo

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Other

Virtual/3D Tour

  • Virtual Tour: 4507-4517 E Giddens Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.68 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Middleton High School, Public Magnet Grades 9-12
  • Hillsborough Virtual School, Public District Grades KG-12
  • McLane Middle School, Public District Grades 6-8
  • Edison Elementary School, Public District Grades PK-5
  • Metropolitan Ministries Partnership Elementary School, Public District Grades KG-5
  • Usf/Patel Partnership Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: East on Hillsborough avenue right onto 45th street left onto E Giddens. Property is on your right

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,200,000
  • Price Per SqFt: $261/SqFt
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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

4507-4517 E Giddens Ave vs Tampa

139 DAYS ON ROCKET

+86 Days

$2,200,000

+$1.7M More

$261/SqFt

-$13 Less

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $13/SqFt less than other homes in Tampa, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #T3535251

Listing Office:

  • Office Name: YOU FIRST REALTY AND ASSOC LLC
  • Office Phone: (813) 458-6686
  • Listing Agent: Ramez Lahham

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: 11/5/2024, 6:19:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,662

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.

Elementary School

school-card-donut-44600
3
/10

  • Edison Elementary School

  • 1607 E Curtis St

  • 0.54 miles

  • Public District Grades PK-5

school-card-donut-44601
8
/10

  • Metropolitan Ministries Partnership Elementary School

  • 102 E Palm Ave

  • 2.63 miles

  • Public District Grades KG-5

school-card-donut-44602
6
/10

  • Usf/Patel Partnership Elementary School

  • 11801 Usf Bull Run St

  • 4.72 miles

  • Public District Grades KG-5

Middle School

school-card-donut-44603
2
/10

  • McLane Middle School

  • 306 N Knights Ave

  • 9.66 miles

  • Public District Grades 6-8

High School

school-card-donut-44604
3
/10

  • Middleton High School

  • 4801 N 22nd St

  • 0.45 miles

  • Public Magnet Grades 9-12

school-card-donut-44605
7
/10

  • Hillsborough Virtual School

  • 901 E Kennedy Blvd

  • 3.27 miles

  • Public District Grades KG-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,248. Typical income of Tampa, FL residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Hillsborough County›Tampa›33610›4507-4517 E Giddens Ave

This home is located at 4507-4517 E Giddens Ave in Tampa, FL and zip code 33610 in the East Tampa neighborhood. This 8,424 square foot home, which was built in 1974, sits on a 0.68 acre lot. It has been listed on Rocket Homes since June 19, 2024 and is currently priced at $2,200,000.

In October 2024, from all listings sold in Tampa, FL there were more than 80 sold above asking price, over 349 sold below and more than 116 were sold right at the asked price. The number of homes for sale in Tampa, FL decreased by 0.6% between September 2024 and October 2024. While the average time on the market in October 2024 was 53 days, the median list price was $424,741.

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

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