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$450,000
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Property Description
Excellent Investment Opportunity - Cash-Flowing Triplex in Tampa! 1403 College Park Lane, Tampa, FL 33612 Turnkey income producer in a highly convenient location! This triplex offers three separate units with strong rental demand and immediate cash flow: Unit A (Middle - 3 Bed / 1 Bath): Leased at $1,900/month. Block construction with washer/dryer inside for added tenant appeal. Central AC. Unit B (Right - 1 Bed / 1 Bath): Leased at $1,250/month. Frame construction. Window units AC Unit C (Left - Efficiency / 1 Bath): Leased at $1,000/month. Frame construction. Window unit AC Total current monthly income: $4,150 Investor Advantages: Association covers water, sewer, and trash (one water meter for the community) - significantly reducing operating expenses. Units are individually metered for electricity, so tenants pay their own power. Strong rental history with two units already leased and performing. Mix of unit sizes appeals to a wide tenant pool (students, professionals, and small families). Prime Location - Just minutes from the University of South Florida (USF), major shopping, dining, public transportation, and easy access to I-275. This pocket offers consistent demand from USF affiliates, medical professionals, and local workers. Whether you're looking for a turnkey addition to your portfolio or a solid value-add property with upside potential through minor updates, this triplex delivers reliable income in a proven Tampa rental market. Serious investors - schedule your showing today and secure this performing asset before it's gone! Perfect for 1031 exchanges or portfolio expansion in the Tampa Bay area.
Full Property Details
Full Property Details for 1403 College Park Ln
General
- Price: $450,000
- HOA FEE: $273/month
- Taxes: $5,257 (2024)
- Status: Active
- Type: Triplex
- Source: MidFloridaRegionalMLS
- MLS ID: TB8466971
- Updated: 5/13/2026
- Added to Site: 115 day(s) ago
Interior
- Interior Features: Window Treatments
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry Closet
Exterior
- Exterior Features: Fenced, Lighting, Sidewalk
Location
- Area: 33612 - Tampa / Forest Hills
- County: Hillsborough
- Development Name: 33612 - Tampa / Forest Hills
- Subdivision: HAMNERS W E HOMESTEAD ACRES
- Driving Directions: E. Fowler Avenue (east of I-275 & west of Bruce B. Downs), go north on N. 15 Street, left on College Park Lane, property is at the end on the left
School Information
- Elementary School: Miles-HB
- Middle School: Liberty-HB
- High School: Freedom-HB
Community
- Community Name: 33612 - Tampa / Forest Hills
- Association: Yes
- Assoc. Name: MicroHOA
- Pet Restrictions: Contact HOA. Buyer/buyers agent to verify.
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Units / Window Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Cable Connected, Electricity Available, Electricity Connected, Public, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Concrete
- Roof: Shingle
- Square Feet: 1,656
- Sq. Ft. Source: Public Records
- Year Built: 1965
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 11,022
- Lot Size: 11022
- Frontage: Street Paved
- Street/Road Desc.: Paved
Financial Considerations
- Association Fee: $273
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Tax Amount: $5,257.5
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: HAMNER'S W E HOMESTEAD ACRES PART OF LOT 8 BLOCK 9 DESC AS BEG AT SW COR OF SAI LOT 8 THN N 00 DEG 07 MIN 40 SEC W ALONG W BDRY OF SAID LOT 8 80.00 FT THN N 77 DEG 37 MIN 40 SEC E 102.33 FT THN N 00 DEG 07 MIN 40 SEC W 25.00 FT TO POINT OF INTERSECTI ON WITH N BDRY OF LOT 8 THN E 14.85 FT THN S 00 DEG 07 MIN 40 SEC E 126.93 FT TO POINT OF INTERSECTION WITH S BDRY OF SAID LOT 8 THN W 114.85 FT TO POB
- Flood Zone Info: X
- APN: U0728191GND0000000008.4
- Property ID: U0728191GND0000000008.4
- Block/Lot/Section: 9
Listed by S & D Real Estate Service Llc
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Schools
Schools serving 1403 College Park Ln
School District:Hillsborough County School District
| Name | Grades | Distance |
|---|---|---|
Miles Elementary School 317 East 124th Avenue, Tampa, FL 33612 | K-5 | 0.9 mi |
Liberty Middle School, Tampa, FL 17400 Commerce Park Boulevard, Tampa, FL 33647 | 6-8 | 6.5 mi |
Freedom High School, Tampa, FL 17410 Commerce Park Boulevard, Tampa, FL 33647 | 9-12 | 6.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1403 College Park Ln
Date
Details
Price
Change
Source
1/27/2026
Listed
$450,000
—
MLS
9/17/2024
Sold
$450,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1403 College Park Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,109
-3%
$220,829
18%
2024
$5,258
58%
$187,675
—
2023
$3,321
33%
$187,675
21%
2021
$2,493
-24%
$155,194
-16%
2022
$3,297
32%
$185,256
41%
2021
$2,493
27%
$130,997
24%
2019
$1,968
55%
$105,243
22%
2018
$1,269
19%
$86,370
37%
2017
$1,065
18%
$62,985
37%
2016
$906
-8%
$45,883
-6%
2015
$980
35%
$48,835
29%
2014
$727
10%
$37,793
16%
2013
$661
—
$32,471
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1403 College Park Ln
1403 College Park Lane, Tampa, FL 33612 (MLS# TB8466971) is a Triplex property with 4 bedrooms and 0 full bathrooms. 1403 College Park Lane is currently listed for $450,000 and was received on January 27, 2026. Want to learn more about 1403 College Park Lane? Do you have questions about finding other Triplex real estate for sale in Forest Hills? You can browse all Forest Hills real estate or contact a Coldwell Banker agent to request more information.

