3713 W Leona St
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
Nearby Schools
Educational options and performance ratings in the area.
Roosevelt Elementary School
Coleman Middle School
Plant High School
Tampa, FL Investment Analysis (2026)
Cap Rate Range: 5.8% - 6.9% · Median Rent: $2,600/mo · Effective Tax: 0.91%
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
This property presents a significant negative cash flow profile, losing approximately $22,300 annually in rental income relative to debt service and operating expenses. A 4.54% gross rental yield is insufficient to cover the high acquisition cost in the current interest rate environment, necessitating substantial capital reserves to sustain ownership. While the Tampa market benefits from steady appreciation, relying on 4% year-over-year gains to offset negative cash flow is a speculative strategy rather than a sound income-producing investment. Without a path to significantly increase rents or decrease the debt burden, this asset functions more as a luxury liability than a prudent real estate investment.
- • Large square footage offering high utility
- • Strong historic appreciation trends in Tampa
- • Five-bedroom configuration appeals to luxury rental demographics
- • Persistent negative monthly cash flow
- • High price-to-rent ratio limits investment viability
- • Significant exposure to maintenance and carrying costs
- • Low yield fails to cover debt service obligations
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-02-26 | Listed for sale | $1,649,000 | $463 |
| 2023-10-26 | Listing removed | $0 | – |
| 2023-10-10 | Price change | $1,675,000 | $471 |
| 2023-10-03 | Listed for sale | $1,775,000 | $499 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $18,216.43 | $990,478 |
| 2023 | $17,807.45 | $961,629 |
| 2022 | $17,374.17 | $933,620 |
| 2021 | $4,058.09 | $205,868 |
Property Specs
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $49,614/yr
On $336,375 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
Similar Properties Nearby
Explore other investment opportunities in Tampa.