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$1,542,750

  • Sold
  • Closed
  • Multi-Family
  • 11 Units
  • 0.66 Acres
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Other addresses included are 1508 E 127th and 1510 E 127th Ave. Three Separate Buildings Next to Each other being Sold Together. Consisting of 2 Quadplexes and 1 Triplex totaling 11 units. Each Quadplex has Four 2-bedroom/ 1-bathroom Units. The Triplex has Two 2-bedroom/ 1 and half bathroom units and One 2-bedroom/ 1 bathroom. The triplex units have an upstairs and downstairs. Current Rent Roll: $13,149 with one unit vacant in the triplex; Each building has one water meter, and Tenants pay Electric. All Apartments have Central A/c and their own unit. These are in the heart of Tampa's University Square. Ideal for rental income, live-in investors, or group ownership. Generous lot size offering ample space around all the buildings. They all-share courtyard space and have backyard areas as well as plenty of parking available. Only 8 minutes to USF Tampa; excellent proximity to shopping, and dining. Quick access to E. Fletcher, major roads, public amenities and green space.

Full Property Details for 1506 E 127th Ave

General

  • Sold For: $1,542,750
  • Taxes: $6,402 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8434384
  • Added to Site: 104 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s)

Rooms

Bathrooms

  • Total Bathrooms: 14

Bedrooms

  • Total Bedrooms: 21

Other Rooms

  • Laundry: Inside

Exterior

  • Exterior Features: Balcony, Courtyard, Fenced, Rain Gutters, Sidewalk
  • Deck/Patio: Patio
  • Porch/Patio/Deck: Patio

Parking

  • Parking Features: Open, Parking Pad

Location

  • Area: 33612 - Tampa / Forest Hills
  • County: Hillsborough
  • Development Name: 33612 - Tampa / Forest Hills
  • Subdivision: UNPLATTED
  • Driving Directions: 275 North to Fletcher Ave to N Nebraska Ave to E139th Ave

Community

  • Community Name: 33612 - Tampa / Forest Hills

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Public, Sewer Connected, Water Connected

Structural Information

  • # Buildings: 3
  • Exterior Const.: Block, Concrete, Stucco
  • Roof: Shingle
  • Stories/Levels: Two
  • Square Feet: 8,880
  • Sq. Ft. Source: Public Records
  • Living Area: 8,880 Sq. Ft.
  • Year Built: 1982

Lot Features

  • Lot Size (Acres): 0.66
  • Lot Size (Sq. Ft.): 28,644
  • Lot Size: 28644
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $6,402
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: E 61.5 FT OF W 214.5 FT OF N 150 FT OF S 180 FT OF SW 1/4 OF NE 1/4
  • Flood Zone Info: X
  • APN: U072819ZZZ00000128790.0
  • Property ID: U072819ZZZ00000128790.0
  • Block/Lot/Section: 1

Listed by Re/Max Action First Of Florida
Sold by Lpt Realty, Llc

Listing agents

— 1506 E 127th Ave —

  • Re/Max Action First Of Florida

  • Re/Max Action First Of Florida

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1506 E 127th Ave

School District:Hillsborough County School District
NameGradesDistance
Shaw Elementary School
11311 North 15th Street, Tampa, FL 33612
PK-50.7 mi
Liberty Middle School, Tampa, FL
17400 Commerce Park Boulevard, Tampa, FL 33647
6-86.1 mi
Freedom High School, Tampa, FL
17410 Commerce Park Boulevard, Tampa, FL 33647
9-126.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1506 E 127th Ave

Date
Details
Price
Change
Source
11/26/2025
Sold
$1,542,750
-7.9%
MLS
10/04/2025
Listed
$1,675,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Re/Max Action First Of Florida
Sold by Lpt Realty, Llc

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1506 E 127th Avenue, Tampa, FL 33612 (MLS# TB8434384) is a Multi-Family property that was sold at $1,542,750 on November 26, 2025. Want to learn more about 1506 E 127th Avenue? Do you have questions about finding other Multi-Family 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.