New Listing
$650,000
 $3,489 est/mo Sourced by Back At You

1406 E 21st Ave,TAMPA, FL 33605

TAMPA, FL 33605

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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, 1-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.

Details

MLS #TB8540301
Listing TypeFor Sale
Sub-TypeFor-sale
StatusActive
Year1926
Days On Site1
Listing Provided ByKELLER WILLIAMS TAMPA CENTRAL | Kamilla Altunyan

Features

Bed(s)6
Bath(s)3
SQ Feet2,127
Story(s)1
Units3
ZoningRS-50
Acreage0.11

Taxes

Property4530

Area Information

StateFL
CountyHillsborough
CityTAMPA
Zip Code33605
Area33605 Tampa | Ybor City
Community NamePANAMA
Listing VS Median (in PANAMA)
Price:
$650,000
low | high
Med:
$220,000
100% of Average
sqft:
2,127
low | high
Med:
1,036
100% of Average
$ / sqft:
$306
low | high
Med:
$212
80.510840510841% of Average
On site:
1
low | high
Med:
80
2% of Average
Sourced by Back At You

Market Activity 33605

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of August 20, 2026 at 7:20:44 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 Code33605
Area33605 Tampa | Ybor City
Community NamePANAMA
Listing VS Median (in PANAMA)
Price:
$650,000
low | high
Med:
$220,000
100% of Average
sqft:
2,127
low | high
Med:
1,036
100% of Average
$ / sqft:
$306
low | high
Med:
$212
80.510840510841% of Average
On site:
1
low | high
Med:
80
2% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $487K - $812K
sqft: 1,500 - 2,500
Listing Updated: August 20, 2026 at 6:19:10 AM PDT
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