CENTURY 21 Edge
Multi Family (5+)

Commercial Sale · Multi Family (5+)

$995,000$1,175,0003,309 sq ft$301 /sq ft0.26 acres10 units8.4% cap

8413 N HAMNER AVENUE, TAMPA, FL, 33604

Active341 days on marketListed Sep 3, 2025MLS #TB8424013

About this property

The property at a glance

Rare opportunity to acquire a fully occupied 10-unit income property in central Tampa producing immediate rental income. The property features a unique layout consisting of a 2-bedroom/1-bath home, an attached 1-bedroom/1-bath unit, and eight private studio apartments — each with its own kitchen and bathroom. Most units have been updated, providing a strong operational foundation with limited near-term capital improvements required. The property has a consistent occupancy history and serves the area’s continued demand for affordable rental housing. Building systems include a combination of metal and shingle roofing, multiple HVAC types (central air, mini-splits, and wall units), and installed leak-detection devices throughout the units to help reduce maintenance risk. This asset offers immediate cash flow with additional upside potential through operational efficiencies, rent adjustments over time, and the future addition of on-site laundry income. Centrally located with convenient access to major roadways, employment centers, and neighborhood retail, the property benefits from steady tenant demand.

3,309

Building sq ft

$301

Price / sq ft

0.26

Lot acres

1947

Year built

10

Units

5

Buildings

RS-60

Zoning

Multi Family (5+)

Property type

Building size3,309 sq ft
Lot size0.26 acres
Year built1947
Units10
Buildings5
ZoningRS-60
Parking6 to 12 Spaces
ConstructionWood Frame
CoolingCentral Air · Mini-Split Unit(s) · Wall/Window Unit(s)
HeatingCentral · Wall Units / Window Unit
UtilitiesPublic
Annual taxes$3,823

The numbers

Investment snapshot

8.4%

Cap rate

$83,099

Net operating income

$99,500

Price / unit

10

Units

Estimated payment (illustrative)

Down payment25% · $248,750
Interest rate6.00%
Loan term

Estimated payment

$4,953/mo

Principal & interest$4,474
Property taxes (actual bill)$319
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Yumiko to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

36,000vehicles / day · 2025Florida Ave to Dale Mabry Hwy · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Dunkin'Restaurant0.3 mi
Lowry ParcadeRestaurant0.3 mi
Wendy'sRestaurant0.4 mi
CheckersRestaurant0.4 mi
Aquanuve H2ORestaurant0.5 mi
KFCRestaurant0.5 mi
WawaGrocery0.5 mi
McDonald'sRestaurant0.5 mi
Bond Auto SalesRetail0.6 mi
Aaron'sRetail0.6 mi
Metro by T-MobileRetail0.6 mi
Executive MotorRetail0.6 mi
The Home DepotRetail0.6 mi
Auto mall of TampaRetail0.7 mi
Mamas Kitchen Family DinerRestaurant0.7 mi
Burger KingRestaurant0.7 mi
Giraffe GiftshopRetail0.7 mi
Walmart Neighborhood MarketGrocery0.7 mi
CarHeroesRetail0.7 mi
Tamani's OasisRestaurant0.8 mi
Safara Lodge Food CourtRestaurant0.8 mi
Grub and Grog RestaurantRestaurant0.8 mi
Grub and GrogRestaurant0.8 mi
Mayflower MotelLodging0.8 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

39,411

Population

$55,988

Median income

36.5

Median age

2.53

Avg household

$264,900

Median home value

$1,326/mo

Median rent

4,401

Households w/ kids

Recent sales

What actually sold near 8413 N HAMNER AVENUE

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

1203 E DR MARTIN LUTHER KING JR BOULEVARD

$650,000

1203 E DR MARTIN LUTHER KING JR BOULEVARD

4,476 sqft · $145/sqft · Sold Feb 4, 2026

8523 N NEBRASKA AVENUE

$805,000

8523 N NEBRASKA AVENUE

3,256 sqft · $247/sqft · Sold Aug 29, 2024

3811 W SLIGH AVENUE

$930,000

3811 W SLIGH AVENUE

3,452 sqft · $269/sqft · Sold Apr 20, 2026

Your team

The pros in your corner

Yumiko Sugawara

Your agent

Yumiko Sugawara

REALTOR® · CENTURY 21 Edge

Tours, offers, and every question about 8413 N HAMNER AVENUE — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 8413 N HAMNER AVENUE.

See it in person

Schedule a tour

Live availability from Yumiko's calendar — pick a time and it's booked.

Listing courtesy of KELLER WILLIAMS TAMPA PROPERTIES · Alexander Lucke. MLS #TB8424013.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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