1402 Maluhia Drive

1402 Maluhia Drive

Tampa, FL 33612

$1,450,000
Price
12
Beds
4,532 Sq. Ft.
$320 / Sq. Ft.
4,532
Sq. Ft.
$320
per Sq. Ft.
an aerial view of a house with a garden
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a view of a swimming pool with an outdoor space and seating area
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an aerial view of residential houses with outdoor space and trees
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a view of city and ocean
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an aerial view of residential houses with outdoor space and trees
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a view of a house with a yard
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an aerial view of a house with swimming pool and large trees
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Description

Welcome to your very own expansive compound, spanning nearly an acre of lush land in the vibrant heart of North Tampa. This exceptional multi-unit property encompasses four buildings, boasting exclusive access via a private road situated across two parcels at 1402 and 1414 Maluhia. Nestled just moments away from the eagerly anticipated redevelopment of the University Uptown District and the bustling energy of USF, this offering presents a rare opportunity for discerning investors. Priced at $1,450,000...Welcome to your very own expansive compound, spanning nearly an acre of lush land in the vibrant heart of North Tampa. This exceptional multi-unit property encompasses four buildings, boasting exclusive access via a private road situated across two parcels at 1402 and 1414 Maluhia. Nestled just moments away from the eagerly anticipated redevelopment of the University Uptown District and the bustling energy of USF, this offering presents a rare opportunity for discerning investors. Priced at $1,450,000 for the complete bundle, the property spans a generous 4,523 square feet, comprising two single-family residences and two duplexes, all nestled within the sprawling landscape of just under one acre. While the listing primarily showcases parcel 1402, it's essential to note the additional parcel, 1414, encompassing 19,125 square feet. Each parcel hosts a minimum of three units, with the current RMC-16 zoning allowing for further expansion and the construction of additional structures. Parcel 1 (1402-1404) showcases a spacious single-family home alongside an attached apartment with a separate entrance, offering versatile living arrangements spanning 1,851 square feet. Original wood flooring, vinyl tiles, and carpeting adorn the interiors, featuring either a four-bedroom, two-bathroom layout or a three-bedroom configuration complemented by a one-bedroom apartment. Central air conditioning ensures comfort throughout, while a new roof installed in December 2014 adds to the property's appeal. Parcel 1 also includes a studio-style one-bedroom, one-bathroom duplex (1408-1410) spanning 704 square feet. These units feature wall-mounted air conditioning units and durable vinyl tile flooring, with a new roof added in September 2016. Meanwhile, Parcel 2 (1414) boasts a charming single-family residence comprising two bedrooms and one bathroom across 672 square feet. This home offers ample outdoor space, including fenced front and back yards, with terrazzo tile flooring and wall-mounted air conditioning units enhancing the interior comfort. A recent roof replacement in April 2017 ensures lasting quality. Completing the ensemble, Parcel 2 also features a well-appointed two-bedroom, one-bathroom duplex (1420-1422), spanning 1,296 square feet. Each unit enjoys a private patio area, vinyl tile flooring, and individual air conditioning units, with a new roof installed in April 2017. Constructed from durable concrete block and featuring recently replaced roofs, the entire property is securely enclosed by either chain-link or wooden privacy fencing along all boundaries. Currently, all units are occupied by long-term tenants under active leases, presenting an enticing investment opportunity with immediate returns. Moreover, the property's potential extends into the future, with the capacity to construct additional units or expand existing structures, offering the possibility of accommodating up to 14 to 16 units. Whether seeking an income-generating investment or envisioning a bespoke residential enclave, this expansive compound promises endless possibilities for the discerning investor.
  1. Listed by Aldo Delacruz • KELLER WILLIAMS SOUTH TAMPA

Property Details for 1402 Maluhia Drive

Subdivision Name
HAMNERS W E HOMESTEAD ACRES
Township
28
Waterfront
No

Location

Listing Courtesy of KELLER WILLIAMS SOUTH TAMPA, Aldo Delacruz
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LISTING UPDATED: 05/15/2024 01:06 AM

Property Details for 1402 Maluhia Drive

StatusActive
MLS #T3526579
Days on Market19
Taxes$5,734 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1956
Lot Size0.87 AC / 38,010 SF
CountyHillsborough County

Location

Listing Courtesy of KELLER WILLIAMS SOUTH TAMPA, Aldo Delacruz
Add your commute

Building Information for 1402 Maluhia Drive

Stories-Residences7Year Built1956Building Size-Lot Size0.87 AC / 38,010 SF

Payment Calculator

$8,391 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,913

Property Taxes

$478

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1402 Maluhia Drive

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: From I-275S, take exit 51 toward Fowler Avenue, turn right to Fowler Avenue, turn left to N 14th St., then 1st right onto Maluhia Dr.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 1402
  • Street Name: MALUHIA
  • Street Suffix: DRIVE
  • State: FL
  • City: TAMPA
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: D
  • Tax Book Number: 31-70
  • Tax Legal Description: HAMNER'S W E HOMESTEAD ACRES LOT 13 LESS E 152.5 FT OF LOT 13 BLOCK D AND LESS THE S 20 FT OF LOT 13 LESS E 152.5 FT
  • Tax Lot: 13
  • Tax Year: 2023
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Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 105x151
  • Parcel Number: U-07-28-19-1GN-D00000-00013.0
  • Total Acreage: 1/2 to less than 1
  • Total Num Buildings: 4
  • Water Access: No
  • Water Extras: No
  • Zoning: RMC-16
  • Living Area: 4532
  • Lot Dimensions: 105x151
Property and Assessments
  • Year Built Numeric: 1956
  • Flood Zone Code: X
  • New Construction: No
  • Public Survey Range: 19
  • Public Survey Section: 07
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Fenced, Private Mailbox
  • Foundation Details: Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 12
  • Cooling: Central Air, Wall/Window Unit(s)
  • Fireplace: Yes
  • Heating: Electric, Wall Units / Window Unit
  • Interior Features: Accessibility Features, Built in Features
  • Laundry Features: Laundry Room, Washer Hookup
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $124,120.00
  • Unit Count: 5
Unit 1
  • Unit Type Baths Total 1: 2
  • Unit Type Beds Total 1: 3
  • Unit Type Pro Forma 1: 1800
  • Unit Type Type 1: 3 Bed/2 Bath
  • Unit Type Units Total 1: 1
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 1
  • Unit Type Pro Forma 2: 1350
  • Unit Type Type 2: 1 Bed/1 Bath
  • Unit Type Units Total 2: 1
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 1
  • Unit Type Pro Forma 3: 2500
  • Unit Type Type 3: 1 Bed/1 Bath
  • Unit Type Units Total 3: 2
Unit 4
  • Unit Type Baths Total 4: 1
  • Unit Type Beds Total 4: 2
  • Unit Type Pro Forma 4: 1500
  • Unit Type Type 4: 2 Bed/2 Bath
  • Unit Type Units Total 4: 1
Unit 5
  • Unit Type Baths Total 5: 1
  • Unit Type Beds Total 5: 2
  • Unit Type Pro Forma 5: 3150
  • Unit Type Type 5: 2 Bed/2 Bath
  • Unit Type Units Total 5: 2

Property History for 1402 Maluhia Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1402 Maluhia Drive

Taxable ValueLand$86,568Additions$235,367Total$321,935
Tax Record2023$5,734 ($478 / month)
Home Facts
Beds4Total Finished SqFt1,851 SqFtAbove Grade Finished SqFt1,851 SqFtStories1Lot Size15,855 SqFtStyleSingle Family ResidenceYear Built1956Year Renovated1989ZoningRMC-16CountyHILLSBOROUGHAPNU0728191GND00000000130

Schools near 1402 Maluhia Drive

This home is within Hillsborough.
Rating
School
Type
Grades
Distance
Miles Elementary School
Public - PK to 5
Liberty Middle School
Public - 6 to 8
Freedom High School
Public - 9 to 12
Community Charter School of Excellence
Charter - K to 8
Rating
School
Distance
Miles Elementary School
PublicPK to 5

Liberty Middle School
Public6 to 8

Freedom High School
Public9 to 12

Community Charter School of Excellence
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1402 Maluhia Drive, Tampa, FL 33612

1402 Maluhia Drive is a multi-family home for sale in Tampa, FL 33612. This property was listed for sale on May 14, 2024 by KELLER WILLIAMS SOUTH TAMPA, it's currently listed at $1,450,000. It has been on the market for a total of 19 days and was last sold on May 13, 2022. This listing's school district is Hillsborough. Nearby schools include Miles Elementary School, Liberty Middle School and Freedom High School. 1402 Maluhia Drive is a 12-bed, 0-bath, 4,532 sqft multi-family home built in 1956.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS SOUTH TAMPA, Aldo Delacruz

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 05/15/2024 01:06 AM