3311 W Douglas Street, TAMPA, FL

$525,000

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6

Beds

2

Baths

1,616

Square feet

0.10

Acres

About 3311 W Douglas Street

Turnkey Cash-Flowing 6-Room PadSplit in Prime West Tampa Walkable to Raymond James Stadium A rare chance to acquire a fully stabilized, turnkey PadSplit-operated rental in West Tampa. Fully leased and professionally managed by PadSplit, the nationally recognized affordable co-living platform that handles all resident screening, compliance, operations, and collections. Owners receive a single monthly rent deposit, while PadSplit subleases rooms to vetted members. The property features six 1-bedroom units, two with premium upgrades (one with a private entrance, one with a private bath). Blended average rents are $4,635/month or $55,630/year after PadSplit service fees. Actual trailing-12 shows $41,738 NOI and a 7.8 cap rate, inclusive of third-party management fees. This is a lean, predictable, fully passive operation ideal for investors seeking turnkey stability, low vacancy, and immediate cash flow in a rapidly appreciating area. Management is already in place and can remain for a seamless transition.

Features of 3311 W Douglas Street

MLS® # C7513090
Price $525,000
Bedrooms 6
Bathrooms 2.00
Full Baths 2
Square Footage 1,616
Acres 0.10
Year Built 1964
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 3311 W Douglas Street
Area Tampa
Subdivision JOHN H DREWS FIRST EXT
City TAMPA
County Hillsborough
State FL
Zip Code 33607-1115

Amenities

Is Waterfront No
Has Pool No

Interior

Interior Features Other
Appliances Refrigerator
Heating Electric
Cooling Central Air
Fireplace No
# of Stories 1

Exterior

Exterior Features Other
Roof Shingle
Foundation Block, Slab

Additional Information

Date Listed August 1st, 2025
Days on Market 157
Zoning RS-50
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeDOWNING FRYE REALTY, INC.

Listing Map

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