3111 W SPRUCE STREET, TAMPA, FL, 33607
Active21 days on marketListed Sep 22, 2026MLS #TB8548923
About this home
3111 W SPRUCE STREET
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!
Facts & features
The home at a glance
8
Bedrooms
3,185
Sqft
0.27 ac
Lot size
1979
Year built
One
Levels
$306
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$6,053 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$6,053/mo
Includes estimated PMI — it drops off once you reach 20% equity. 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.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs MAC FARLANE PARK
$306 vs $402
Days on market
21 vs 64 typical
Where $306/sqft sits among the 6 homes for sale in MAC FARLANE PARK
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Macfarlane Park
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Tampa. See the full Tampa guide →
Macfarlane Park — neighborhood snapshot
Population
8,645
Median age
42
Median income
$63,759
Median home value
$309,742
Avg household
3
Households w/ children
879
For the school run
Hillsborough County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Tampa market
$413K → $430K
Tampa median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
4 of 6
MAC FARLANE PARK have cut their price
Median sold price, Tampa, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 242% above the TAMPA 33607 median. See the full Tampa market guide →
Paper trail
This home's history
Reality check
What actually sold near 3111 W SPRUCE STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$1,100,000
2115 N LINCOLN AVENUE · same community
5 bd · 4 ba · 3,032 sqft · $363/sqft · 36 DOM
Sold · Jul ’26$1,075,000
3104 W PINE STREET · same community
4 bd · 3.5 ba · 2,720.32 sqft · $395/sqft · 79 DOM
Sold · Sep ’26$600,000
3207 W NASSAU STREET · same community
4 bd · 2 ba · 1,913 sqft · $314/sqft · 42 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Donna Layton
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 3111 W SPRUCE STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 3111 W SPRUCE STREET — before you fall in love.
See it in person
Schedule a tour
Live availability from Donna's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
3111 W SPRUCE STREET FAQs
What would the monthly payment be for 3111 W SPRUCE STREET?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $6,053/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 3111 W SPRUCE STREET?+
The most recent tax bill on record (2025) was $3,208. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 3111 W SPRUCE STREET?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Tampa?+
At $974,900, this home is listed about 124% above the Tampa median of $435,000. The market section on this page shows how the area is trending.
Which schools are assigned to 3111 W SPRUCE STREET?+
West Tampa Elementary School (elementary), Jefferson High School (high), Patricia Sullivan Metropolitan Ministries Partnership School (elementary), Madison Middle School (middle) — Hillsborough County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of COASTAL PROPERTIES GROUP INTER · Chris Campana. MLS #TB8548923.
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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