3311 W Douglas Street, Tampa, FL 33607

Local realty services provided by:Gulf Shores Realty ERA Powered
3311 W Douglas Street,Tampa, FL 33607
$535,000
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  • 6 Beds
  • 2 Baths
  • 1,616 sq. ft.
  • Single family
  • Active
Listed by: debra dolinsky
Office: downing frye realty, inc.
MLS#:C7513090
Source:MFRMLS

Price summary

  • Price:$535,000
  • Price per sq. ft.:$386

About this home

Turnkey Cash-Flowing 6-Room PadSplit in Prime West Tampa Walkable to Raymond James Stadium A rare chance to acquire a fully stabilized, turnkey PadSplit-operated rental in West Tampa. Fully leased and professionally managed by PadSplit, the nationally recognized affordable co-living platform that handles all resident screening, compliance, operations, and collections. Owners receive a single monthly rent deposit, while PadSplit subleases rooms to vetted members. The property features six 1-bedroom units, two with premium upgrades (one with a private entrance, one with a private bath). Blended average rents are $4,635/month or $55,630/year after PadSplit service fees. Actual trailing-12 shows $41,738 NOI and a 7.8 cap rate, inclusive of third-party management fees. This is a lean, predictable, fully passive operation ideal for investors seeking turnkey stability, low vacancy, and immediate cash flow in a rapidly appreciating area. Management is already in place and can

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Home facts

  • Year built:1964
  • Listing ID #:C7513090
  • Added:159 day(s) ago
  • Updated:January 08, 2026 at 01:00 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,616 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric

Structure and exterior

  • Roof:Shingle
  • Year built:1964
  • Building area:1,616 sq. ft.
  • Lot area:0.1 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$535,000
  • Price per sq. ft.:$386
  • Tax amount:$4,596 (2024)
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