LKV Realty
Logo
$525,000
$2,900Reward *
3311 W DOUGLAS Street, Tampa, FL 33607Listing ID C7513090

3311 W DOUGLAS Street, Tampa, FL 33607

Active
JOHN H DREWS FIRST EXT
Time on site: 382 daysLast updated: Jan 13, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
6
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,386
Acres
Acres
0.1
Days on Site
Days on Site
382
Cooling
Cooling
Central Air
Heating
Heating
Electric
Year Built
Year Built
1964
Stories
Stories
1

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.

Property Information

Property Details

Location

Address
3311 W DOUGLAS Street
County
Hillsborough
City
Tampa
Zip Code
33607
Subdivision
JOHN H DREWS FIRST EXT
MLS Area
33607 - Tampa

Interior Features

Beds and Baths

Bedrooms
6
Full Bathrooms
2

Building

Building Information

Square Feet
1,386
Year Built
1964
Stories
1
Construction
Block
Foundation
Block, Slab
Roof
Shingle

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$4,596
Tax Year
2024
DOWNING FRYE REALTY, INC., (239) 261-2244

Market Report for 33607

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Stellar MLS
Stellar MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

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