2816 Locicero Drive

Tampa, FL 33619

$540,000
Last Sold Price
11
Beds
3,251 Sq. Ft.
$166 / Sq. Ft.
3,251
Sq. Ft.
$166
per Sq. Ft.

Description

HUGE upside potential on this fully-occupied, centrally located Triplex with under-market rents. Immediate cash flow, and 2 units are leased on a MTM basis and the 3rd lease expires Aug 31, allowing for immediate rental increases. The property consists of a 2004 built duplex with each unit a 4 bedroom 2 bath, with 1,193 sq. ft. of living area, and a 1957 built SFR with 3 bedrooms, 1 bath, 864 sq. ft. of living area with a carport and a detached utility room. There is a large pavered driveway in front...HUGE upside potential on this fully-occupied, centrally located Triplex with under-market rents. Immediate cash flow, and 2 units are leased on a MTM basis and the 3rd lease expires Aug 31, allowing for immediate rental increases. The property consists of a 2004 built duplex with each unit a 4 bedroom 2 bath, with 1,193 sq. ft. of living area, and a 1957 built SFR with 3 bedrooms, 1 bath, 864 sq. ft. of living area with a carport and a detached utility room. There is a large pavered driveway in front with plenty of room for parking. Each unit has private laundry with the duplex having laundry closets and the SFR having laundry in the utility room. Units are separately metered for electric (tenant responsibility) and owner water bills are low as the property is on Septic. The units sit on over 1/4 acre with a very large back yard. The duplex units also have private, fenced back yards. The duplex roof was installed in 2021 and the SFR roof was installed 2016. ACs for the SFR and Unit B of the duplex AC are new 2021. Unit A of the duplex will need to be replaced. Located close to I-4 between 75 and 275, you have easy access to all of Tampa Bay. Don't miss out!
  1. Listed by Scott Robinson • DENNIS REALTY & INV. CORP.

Property Details for 2816 Locicero Drive

Subdivision Name
LOCICERO COLUMBIA PARK
Township
29
Carport Spaces
1
Waterfront
No

Location

Listing Courtesy of DENNIS REALTY & INV. CORP., Scott Robinson

Sold By REALTY ONE GROUP SUNSHINE, Long Bui

Add your commute
LISTING UPDATED: 10/05/2023 03:24 PM

Property Details for 2816 Locicero Drive

StatusSold
MLS #T3446798
Days on Market18
Taxes$5,827 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1957
Lot Size0.32 AC / 13,970 SF
CountyHillsborough County

Location

Listing Courtesy of DENNIS REALTY & INV. CORP., Scott Robinson

Sold By REALTY ONE GROUP SUNSHINE, Long Bui

Add your commute

Building Information for 2816 Locicero Drive

Stories-Residences3Year Built1957Building Size-Lot Size0.32 AC / 13,970 SF

Payment Calculator

$3,433 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,947

Property Taxes

$486

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2816 Locicero Drive

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 3637.0
  • Building Area Units: Square Feet
  • Directions: Heading East on I-4, take exit 3 and go south onto US41/50th St. Merge onto E. Columbus Dr and turn left onto E Broadway Ave to left on Locicero Dr to property on the left
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 2816
  • Street Name: LOCICERO
  • Street Suffix: DRIVE
  • State: FL
  • City: TAMPA
Parking
  • Carport: Yes
  • Garage: No
  • Parking Features: Driveway
Taxes and HOA Information
  • Association Approval Required: No
  • Association: No
  • CDD: No
  • Tax Block: 4
  • Tax Book Number: 32-93
  • Tax Legal Description: LOCICERO COLUMBIA PARK LOTS 9 & 10 BLOCK 4
  • Tax Lot: 9
  • Tax Year: 2022
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 110x127
  • Parcel Number: U-11-29-19-1N2-000004-00009.0
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 2
  • Water Access: No
  • Water Extras: No
  • Zoning: RDC-12
  • Living Area: 3251
  • Lot Dimensions: 110x127
Property and Assessments
  • Year Built Numeric: 1957
  • Flood Zone Code: X
  • Homestead: No
  • New Construction: No
  • Property Attached: Yes
  • Property Condition: Completed
  • Public Survey Range: 19
  • Public Survey Section: 11
Utilities
  • Sewer: Septic Tank
  • Utilities: Cable Connected, Electricity Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Sidewalk
  • Foundation Details: Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 11
  • Appliances: Range, Range Hood, Refrigerator
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Ceramic Tile, Terrazzo
  • Heating: Central, Electric
  • Interior Features: Ceiling Fans(s), Kitchen/Family Room Combo, Walk-In Closet(s)
  • Laundry Features: Laundry Closet
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $25,500.00
  • Est Annual Market Income: $57,600.00
  • Gross Income: $40,050
  • Unit Count: 2
Unit 1
  • Unit Type Baths Total 1: 2
  • Unit Type Beds Total 1: 4
  • Unit Type Description 1: Duplex
  • Unit Type Garage Spaces 1: 0
  • Unit Type Heated Sq Ft 1: 1193
  • Unit Type Number Of Units Occupied 1: 2
  • Unit Type Pro Forma 1: 3200
  • Unit Type Type 1: 4 Bedroom Or More
  • Unit Type Units Total 1: 2
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 3
  • Unit Type Description 2: SFR
  • Unit Type Garage Spaces 2: 0
  • Unit Type Heated Sq Ft 2: 864
  • Unit Type Number Of Units Occupied 2: 1
  • Unit Type Pro Forma 2: 1600
  • Unit Type Type 2: 3 Bed/1 Bath
  • Unit Type Units Total 2: 1
Rental
Rental Information
  • Tenant Pays: Electricity
  • Total Actual Rent: $3,350

Property History for 2816 Locicero Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 2816 Locicero Drive

This home is within Hillsborough.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Kenly Elementary School
PublicPK to 5

Mann Middle School
Public6 to 8

Blake High School
Public9 to 12

The Collaboratory Preparatory Academy
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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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 DENNIS REALTY & INV. CORP., Scott Robinson

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: 10/05/2023 03:24 PM