Prime Investment Opportunity in Palma Ceia! A rare find in one of South Tampa’s most desirable neighborhoods! This charming bungalow-style triplex is perfect for investors or homeowners seeking rental income. Zoned RM-16, the property is buildable for two townhomes, offering excellent future development potential. Alternatively, the triplex can be converted back to a single-family home for those who desire a larger residence in a premium location.
Currently configured as three separate units:
Unit 1 (Downstairs Right): 2 bedrooms, 1 bath + den
Unit 2 (Downstairs Left): 1 bedroom, 1 bath + den
Unit 3 (Upstairs): 2 bedrooms, 1 bath with large living room and oversized kitchen
Each unit features:
Private entrance (upstairs unit also has a rear entrance)
Eat-in kitchen
Central air and heat
Separate electric meter
In-unit washer/dryer
Bright, spacious rooms with generous closet space and plenty of natural light
The income description goes here to explain
| List Price | $1,150,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | 2,824 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1924 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | A3429183U400003900018.0 |
| MLS # | TB8438097 |
| Property ID | 322263555 |
| Lot Sqft | 7,500 |
| Zoning | RM-16 |
| Total Units | 3 |
| Days on Market | 84 |
| Original List Price | $1,150,000 |
| Date Updated | November 10, 2025 |
| Date Created | October 15, 2025 |
Trent Davis an agent of .
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of November 10, 2025 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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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT