$974,900
 $5,233 est/mo Sourced by Back At You

3111 W Spruce St,TAMPA, FL 33607

TAMPA, FL 33607

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Description

Incredible investment opportunity to own a Triplex apartment building in one of the area's most desirable locations! This property underwent a comprehensive renovation throughout 2025 with no expenses spared, completed with permits and qualified technicians. Now completely occupied and generating over $80,000 in annual rental income, this is a truly turnkey investment. Situated on an oversized corner lot spanning 11,880 square feet (.27 acres) in a prime location - just steps from Macfarlane park, West Tampa little league, schools, grocery stores, restaurants and more. Assumable 6% FHA loan available. Every major system has been updated for years of worry-free ownership: brand new roof and gutters, new IMPACT WINDOWS & doors. Unit A features a new HVAC system, Unit C has a new mini-split, and Unit B's HVAC is only 5-6 years old. All three units feature new water heaters and washer/dryers in each unit. The interiors have been fully remodeled throughout, featuring solid core doors at all bedrooms and bathrooms for added privacy and quality, plus stainless steel appliances and granite countertops in every kitchen. Each unit is thoughtfully separated with its own private driveway, and the property offers a generous 9 off-street parking spaces total-a rare and valuable feature for multi-family properties. Unit mix: Apartment A - 3 bedroom/2 bathroom/$2440 monthly, Apartment B - 4 bedroom/2 bathroom/$3000 monthly, Apartment C - 1 bedroom/1 bathroom/$1550 monthly. Apartment C is fully furnished and equipped with a smart lock, making it move-in ready and well-positioned for higher earning short-term rental opportunities. Utilities are investor-friendly with 2 electrical meters and 2 water meters; the property is on nearly costless well water with public sewer, helping to keep operating expenses low. Current tenants have a strong history of paying on time with zero hassle. Move-in ready, cash-flowing, and virtually maintenance-free for years to come. Opportunities like this don't last-schedule your showing today!

Details

MLS #TB8548923
Listing TypeFor Sale
Sub-TypeFor-sale
StatusActive
Year1979
Days On Site19
Listing Provided ByCOASTAL PROPERTIES GROUP INTER | Chris Campana

Features

Bed(s)8
Bath(s)5
SQ Feet3,185
Story(s)1
ZoningRS-50
Acreage0.27
Property ViewPark, Greenbelt

Taxes

Property3207

Area Information

StateFL
CountyHillsborough
CityTAMPA
Zip Code33607
Area33607 Tampa
Community NameMAC FARLANE PARK
Listing VS Median (in MAC FARLANE PARK)
Price:
$974,900
low | high
Med:
$647,500
83.582931582726% of Average
sqft:
3,185
low | high
Med:
1,396
100% of Average
$ / sqft:
$306
low | high
Med:
$464
2% of Average
On site:
19
low | high
Med:
323
5.882352941176% of Average
Sourced by Back At You

Market Activity 33607

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of October 11, 2026 at 4:14:34 AM PDT 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. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyHillsborough
CityTAMPA
Zip Code33607
Area33607 Tampa
Community NameMAC FARLANE PARK
Listing VS Median (in MAC FARLANE PARK)
Price:
$974,900
low | high
Med:
$647,500
83.582931582726% of Average
sqft:
3,185
low | high
Med:
1,396
100% of Average
$ / sqft:
$306
low | high
Med:
$464
2% of Average
On site:
19
low | high
Med:
323
5.882352941176% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $731K - $1.218M
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
3017 W SPRUCE ST Property Photo 1
$770,000
3017 W Spruce St
Tampa, FL 33607
2914 W WALNUT ST Property Photo 1
$1,124,850
2914 W Walnut St
Tampa, FL 33607
Listing Updated: October 6, 2026 at 3:57:55 PM PDT