What is the Asking Price?

The current asking price for this property is $535,000. Please contact me here for further details about this property.

What are the Property's Features?

This home features : 6 beds, 2 baths, 1,616 sqft, 0.1 acres lot, built in 1964, 60 pictures.

Where is the property located?

Property is located at 3311 W DOUGLAS ST, TAMPA, FL, US. You can view this listing on our map here .

Tampa home for sale - 3311 W Douglas St,FL 33607

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3311 W DOUGLAS ST, TAMPA, 33607

$535,000
Price changed 12/09/2025 from $555,000, -3.6%
6 Beds, 2 Baths , 1,616 Sq.Ft
County: Hillsborough
Subdivision: JOHN H DREWS FIRST EXT

Property highlights

MLS#: C7513090
4,450.00 lot size Sq.Ft.
Year built: 1964

Listed: 08/01/2025
Taxes: $4,596.30
Virtual Tour

Property Overview

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 remain for a seamless transition.

Driving directions : FROM I 275 TAKE EXIT 41A TOWARD DALE MABRY HIGHWAY. HEAD NORTH ON DALE MABRY, TURN RIGHT ON CYPRESS STREET THEN ONTO DOUGLAS TO # 3311.

Property Features

Rooms	Dimension	Description
Additional Bedroom		First level
Dining Room		First level
Kitchen		First level
Bedroom 5		First level
Primary Bedroom		First level
Living Room		First level

Interior Features

Other

Appliances

Refrigerator

Heating

Electric

Laundry features

Common Area

Air Conditioning

Central Air

Floor Covering

Other

Utilities

BB/HS Internet Available
Cable Available
Electricity Connected

Exterior features

Other

Construction Materials

Block

Road Surface Type

Asphalt

Roof

Shingle

Foundation

Block
Slab

Listing information courtesy of DOWNING FRYE REALTY, INC.

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Listing data comes from My Florida Regional MLS.