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7917 Lakeshore Dr
For Sale $1,620,000 ($249.38 per Sq Ft)
$1,620,000 ($249.38 per Sq Ft)
- 16 Bedrooms
- 8 Bathrooms
- 6,496 Sq Ft
- 12,700 Sq Ft
Description
7917 and 7919 Lakeshore Dr, Tampa, FL 33604. 2 READY-NOW and UPDATED Quadplexes, sharing a 16-spot parking lot. Income and Debts (seen below and do not include vacancy or property management) calculate out to a 8.44% cap rate. The value-add potential is if you fill the units with Section 8 tenants; the new approved Section 8 payment standard in this zip code is $1910/month, which would increase income to $15,280/month or $183,360/yr or 9.26% cap rate. All units look like the pictures, except for 2, because tenants have been there since owner purchased the property. The properties have newer architectural-shingle roofs (2021), only 1 old HVAC, washer/dryer in all units, fully fenced in the back, and the seller paved a large section of the lot to accommodate the 16 total parking spots and community trash. Location is 6 miles from downtown Tampa and the University of Tampa and 3 miles from the University of South Florida. Owner pays water and trash for the tenants, included in debts. RENT ROLL: 17A-$1725/month until 03/31/26 (have leased 2 years, moving out), 17B-$1650/month until 04/09/25 (have leased since before owner purchased property in March 2021, 17C-$1750/month projected (just leased to new tenant until 2/28/26), 17D-$1800/month until 02/27/27 (been there 1 year and just renewed for another), 19A-$1850/month (section 8) until 08/31/26 (been there since owner purchased in March 2021), 19B-$1825/month (section 8) until 01/31/26 (been there since owner purchased in Match 2021), 19C-$1770/month until 11/30/26 (been there 1 year and renewed), 19d-$1800/month until 09/30/26. TOTAL: $14,170/MONTH = $170,040/ANNUALLY. DEBTS: Insurance-$8,000/yr (has a cheaper option but chose the better insurance), Taxes-$14,810 last year, Landscaping-$600/yr (due to most the lot being concrete parking, there is minimal work), Pest-$1440/yr, Water and Trash-$8400/yr (accurate average trash+water bill for all units combined), Doesn't pay property manager. TOTAL: $2,770/MONTH = $33,250 ANNUALLY.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,620,000 |
| Property Type | Duplex (2-units) |
| Usable Sqft | 6,496 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1985 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | A28281946B00004200007.0 |
| MLS # | TB8480137 |
| Property ID | 315774515 |
| Lot Sqft | 12,700 |
| Zoning | RM-24 |
| Total Units | 2 |
| Days on Market | 2 |
| Original List Price | $1,620,000 |
| Date Updated | February 25, 2026 |
| Date Created | February 24, 2026 |
Listing Provided By
Richard Stahl an agent of .
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of February 25, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
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