For SaleRisky Deal1 days on market

3111 W SPRUCE STREET

3111 W SPRUCE STREET, TAMPA, FL 33607, Tampa, FL 33607
$974,900

Listing Price

Property image 1
3111 W SPRUCE STREET, TAMPA, FL 33607
Loc: Tampa, FL
Days Listed
1
Tax Assessed
$589k
Lot Size
0.27 acres
Type
multi family

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.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

7

West Tampa Elementary School

PK-5
0.4 mi away
5

Madison Middle School

6-8
4 mi away
3

Jefferson High School

9-12
1.6 mi away
Haven Underwritten Market·Moderate DSCR (0.65x)

Tampa, FL Investment Analysis (2026)

Cap Rate: 4.07% · Median Rent: $2,600/mo · Effective Tax: 0.91%

Open Tampa Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

Triplex, Multi Family1979Central, ElectricCentral Air, DuctlessOpen Parking1 Day$306

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.20%
Total ROI
93.6%
Cash Flow
$-21/mo
DSCR
1.00
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-21/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (6.2%)
  • Strong rental demand in Tampa
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-22Listed for sale$974,900$306
2025-04-25Sold$621,000$195
2025-03-04Pending sale$599,900$188

Tax History

YearProperty TaxTax Assessment
2025$3,207.63$589,168
2024$2,856.06$171,549
2023$2,743.66$161,215
2022$2,674.07$151,667
2021$2,381.15$142,838
2020$2,190.39$135,861
2019$2,079.08$128,769
2018$2,079.08$154,634
2017$1,871.95$227,078
2016$1,735.72$111,027
2015$1,568.55$106,871
2014$1,394.27$102,983
2013$1,244.74$98,925
2012$1,067.85$95,218
2011$1,023.38$91,781
2010$1,181$105,577
2009$1,709.13$133,840
2008$2,089.89$133,706
2007$2,326.21$129,812
2006$2,463.26$126,646
2005$1,842.56$122,957
2004$0$119,376
2003$0$104,409
2001$0$83,573
2000$1,344.63$88,927
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
8
Baths
5
Sq Ft
3,185

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