1406 E 21ST AVENUE, Tampa, FL 33605

  • $650,000
1406 E 21ST AVENUE, Tampa, FL 33605
Active For Sale

1406 E 21ST AVENUE, Tampa, FL 33605

1406 E 21ST AVENUE, Tampa, FL 33605
  • $650,000

Overview

Property ID: TB8540301
  • Triplex, Residential Income
  • Property Type
  • 6
  • Bedrooms
  • 4
  • Bathrooms
  • 2373
  • Sqft
  • 1926
  • Year Built

Description

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.

  • Address 1406 E 21ST AVENUE
  • City Tampa
  • State/county FL
  • Zip/Postal Code 33605
  • Area PANAMA

Details

Updated on August 24, 2026 at 6:11 pm
  • Property ID: TB8540301
  • Price: $650,000
  • Property Size: 2373 Sqft
  • Land Area: 0.11 Acres
  • Bedrooms: 6
  • Bathrooms: 4
  • Garage Size: x x
  • Year Built: 1926
  • Property Type: Triplex, Residential Income
  • Property Status: Active, For Sale
  • MLS#: TB8540301

Additional details

  • Roof: Metal,Shingle
  • Utilities: Electricity Available,Natural Gas Connected,Sewer Connected,Water Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central,Electric
  • Flooring: Vinyl
  • County: Hillsborough
  • Property Type: Residential Income

Features

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