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3111 W SPRUCE STREET
Tampa, FL 33607
1 day ago
NEW
$974,900
Active
8
Beds
5
Baths
3,185
Sqft
0.27
Acres
1979
Yr. Built
MLS# TB8548923
Cumulative Days on Market: Less than 1 · Includes prior listings · Currently listed since 09/22/26 · Data provided by the MLS.

Property Description

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 and 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, Apartment B - 4 bedroom / 2 bathroom, Apartment C - 1 bedroom / 1 bathroom.

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!

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Property Highlights

Property Type
Residential Income
Property Sub Type
Triplex
Bedrooms
8
Total Bathrooms
5
Living Area
3,185 Sqft
Price / Sqft
$306
Acres
0.27
Year Built
1979
Condition
Completed

Location

Area
33607 - Tampa
City/Township
TAMPA
View
Park/Greenbelt
Subdivision
MAC FARLANE PARK
County
Hillsborough
Zoning
RS-50

Property Details

Price
$974,900
Condition
Completed
Property Type
Residential Income
Property Sub Type
Triplex
Flood Zone Code
X

Building

Levels
One
Total Area
3,569 Sqft

Interior Features

Bedrooms and Bathrooms

Total Bathrooms
5
Bedrooms
8

Area and Spaces

Living Area
3,185 Sqft

Appliances

Appliances
Dishwasher, Range, Refrigerator

Interior Features

Interior Features
Ceiling Fans(s)
Flooring
Luxury Vinyl
Laundry Features
Inside

Heating and Cooling

Heating Features
Central, Electric

Building Details

Construction

Year Built
1979
Foundations
Slab

Materials

Construction Materials
Block, Stucco
Roof
Shingle

Terms

Terms

Ownership
Fee Simple

Rental Terms

Pets Allowed
Yes

Terms

Special Conditions
None
Special Terms
Cash, Conventional, FHA, VA Loan

Taxes

Tax

Tax (Annual)
$3,207.63

Heating, Cooling & Utilities

Cooling Features
Central Air, Mini-Split Unit(s)

Utilities

Utilities
Public
Sewer
Public Sewer
Water Source
Public, Well

Lot

Acres
0.27
Lot Size Area Sq Ft
11,880
Lot Dimensions
88x135
Lot Features
Corner Lot
Road Surface
Asphalt

Exterior Features

Exterior Features
Lighting
Patio And Porch Features
None

Parking

Parking Features
Circular Driveway, Curb Parking, Driveway, Off Street
Listed by Coastal Properties Group Inter, 813-756-1111
Listing Data last updated 09/22/2026 06:40 pm
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Property History

Today
Property information last updated
Today
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: Less than 1 days (includes prior listings) · Currently listed since September 22, 2026. Data provided by the MLS.

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