1403 College Park Ln, Tampa, FL, 33612
About This Home
Excellent Investment Opportunity – Cash-Flowing Triplex in Tampa! 1403 College Park Lane, Tampa, FL 33612 Turnkey income producer in a highly convenient location! This triplex offers three separate units with strong rental demand and immediate cash flow: Unit A (Middle – 3 Bed / 1 Bath): Leased at $1,900/month. Block construction with washer/dryer inside for added tenant appeal. Central AC. Unit B (Right – 1 Bed / 1 Bath): Leased at $1,250/month. Frame construction. Window units AC Unit C (Left – Efficiency / 1 Bath): Leased at $1,000/month. Frame construction. Window unit AC Total current monthly income: $4,150 Investor Advantages: Association covers water, sewer, and trash (one water meter for the community) – significantly reducing operating expenses. Units are individually metered for electricity, so tenants pay their own power. Strong rental history with two units already leased and performing. Mix of unit sizes appeals to a wide tenant pool (students, professionals, and small families). Prime Location – Just minutes from the University of South Florida (USF), major shopping, dining, public transportation, and easy access to I-275. This pocket offers consistent demand from USF affiliates, medical professionals, and local workers. Whether you’re looking for a turnkey addition to your portfolio or a solid value-add property with upside potential through minor updates, this triplex delivers reliable income in a proven Tampa rental market. Serious investors – schedule your showing today and secure this performing asset before it’s gone! Perfect for 1031 exchanges or portfolio expansion in the Tampa Bay area.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1965
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Concrete
Type & Style
- Home type: MultiFamily
- Property subType: Triplex,Multi Family
Interior
Appliances
- Laundry features: Laundry Closet
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
Features
- Window features: Window Treatments
Heating & Cooling
- Heating features: Wall Units / Window Unit
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total interior livable area: 1,656 sqft
Property
Details
- Parcel number: U0728191GND0000000008.4
- Zoning: RMC-12
- Special condition: None
Features
- Exterior features: Lighting,Sidewalk
- Fencing: Fenced
Lot
- Lot size: 0.25 Acres
- Features: Cul-De-Sac
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Tornado
- Hurricane
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Hillsborough County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,224 | $26,688 |
| Home Insurance * | $441 | $5,292 |
| Property Taxes | $307 | $3,684 |
| Electricity | $197 | $2,366 |
| Total | $3,169 | $38,028 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-15 | Listed for sale | $450,000 |
| 2026-04-08 | Pending sale | $450,000 |
| 2026-03-16 | Listed for sale | $450,000 |
| 2026-02-21 | Pending sale | $450,000 |
| 2026-01-27 | Listed for sale | $450,000 |
| 2024-09-17 | Sold | $450,000 |
| 2024-07-08 | Pending sale | $450,000 |
| 2024-06-28 | Listed for sale | $450,000 |
| 2024-01-11 | Pending sale | $450,000 |
| 2023-11-28 | Listed for sale | $450,000 |
| 2023-11-17 | Pending sale | $450,000 |
| 2023-09-08 | Listed for sale | $450,000 |
| 2023-08-28 | Pending sale | $450,000 |
| 2023-08-03 | Listed for sale | $450,000 |
| 2022-06-23 | Listing removed | -- |
| 2022-04-26 | Listed for sale | $339,900 |
| 2022-03-19 | Pending sale | $339,900 |
| 2022-03-10 | Listed for sale | $339,900 |
| 2022-03-01 | Pending sale | $339,900 |
| 2022-02-23 | Listed for sale | $339,900 |
| 2021-07-30 | Sold | $205,000 |
| 2021-07-14 | Pending sale | $215,000 |
| 2021-07-08 | Price change | $215,000 |
| 2021-06-30 | Listed for sale | $225,000 |
| 2021-06-30 | Pending sale | $225,000 |
| 2021-06-26 | Listed for sale | $225,000 |
| 2018-04-17 | Sold | $124,000 |
| 2016-08-30 | Sold | $61,500 |
| 2014-12-12 | Sold | $41,400 |
| 2006-05-19 | Sold | $154,500 |
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