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$760,000 Just Listed
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Property Description
New construction duplex offering a stabilized investment opportunity with strong in place income. Built approximately three years ago, both units are 2 bedroom, 2 bathroom residences and feature modern construction, efficient layouts, and all major systems less than three years old, including roof, HVAC, plumbing, electrical, and appliances. Everything is essentially brand new. The property offers just over 1,800 square feet total and is fully occupied with tenants in place. Both units are leased into 2026 at market driven rental rates, offering immediate income with long term stability. Financials support an attractive cap rate at the current price point, making this an appealing option for both investors and owner occupants. Located in Flood Zone X, the property has never experienced flooding. This is a turnkey, low maintenance asset in a highly desirable South Tampa location that offers flexibility for both investors and owner occupants. A buyer could enjoy living in one unit while offsetting their mortgage with rental income from the other, or continue operating the property as a fully stabilized investment. An ideal opportunity for those seeking immediate cash flow, long term value, and minimal capital expenditure concerns.
Full Property Details
Full Property Details for 3921 W State St #1 & 2
General
- Price: $760,000
- Taxes: $8,632 (2024)
- Status: Active
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: TB8465251
- Updated: 1/16/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Thermostat
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside, Laundry Room
Exterior
- Exterior Features: Fenced
Location
- Area: 33609 - Tampa / Palma Ceia
- County: Hillsborough
- Development Name: 33609 - Tampa / Palma Ceia
- Subdivision: BROADMOOR PARK REV
- Driving Directions: Turn right onto W State St
Community
- Community Name: 33609 - Tampa / Palma Ceia
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 2
- Exterior Const.: Block
- Roof: Shingle
- Square Feet: 1,831
- Sq. Ft. Source: Appraiser
- Year Built: 2023
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 5,000
- Lot Size: 5000
- Lot Dimensions: 50 x 100
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $8,632.96
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BROADMOOR PARK REVISED PLAT LOT 23 BLOCK 3
- Flood Zone Info: X
- APN: A2129183LG00000300023.0
- Property ID: A2129183LG00000300023.0
- Block/Lot/Section: 3
Listed by Impact Realty Tampa Bay
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Schools
Schools serving 3921 W State St #1 & 2
School District:Hillsborough County School District
| Name | Grades | Distance |
|---|---|---|
Grady Elementary School 3910 West Morrison Avenue, Tampa, FL 33629 | PK-5 | 1.3 mi |
Coleman Middle School 1724 South Manhattan Avenue, Tampa, FL 33629 | 6-8 | 1.8 mi |
Plant High School 2415 South Himes Avenue, Tampa, FL 33629 | 9-12 | 2 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 3921 W State St #1 & 2
Date
Details
Price
Change
Source
1/15/2026
Listed
$760,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3921 W State St #1 & 2
3921 W State Street #1 & 2, Tampa, FL 33609 (MLS# TB8465251) is a Duplex property with 4 bedrooms and 0 full bathrooms. 3921 W State Street #1 & 2 is currently listed for $760,000 and was received on January 15, 2026. Want to learn more about 3921 W State Street #1 & 2? Do you have questions about finding other Duplex real estate for sale in Palma Ceia? You can browse all Palma Ceia real estate or contact a Coldwell Banker agent to request more information.

