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$400,000

For Sale - Active
8116 N Fielding Ave, Tampa, FL 33604
3 Beds
2 Baths
1,384 Square Feet
0.19 Acres Lot
Built in 1949
For Sale - Active
1 Units
Checked: 10 hours ago
Updated: Aug 24, 2025 at 10:13AM

Investment Summary


Monthly Cash Flow
-$829
Cap Rate
3.7%
Cash-on-Cash Return
-10.8%
Debt Coverage Ratio
0.60
Internal Rate of Return (5 years)
-6.5%

Property Description


0.19 Acres Lot
Built in 1949
For Sale - Active
1 Units

Welcome to this beautifully updated 1949 gem in the heart of Tampa—where timeless charm meets modern convenience. All the work has been done—just move in and start enjoying your new home! This fully remodeled 3-bedroom, 1.5-bath residence is packed with character, starting with a welcoming front porch that invites you inside. Step into a bright, open floor plan featuring original, refinished wood flooring in the dining area and two of the bedrooms—offering a warm nod to the home’s history. The modern kitchen is a true centerpiece, boasting granite countertops, ample cabinetry, a stylish island with additional seating, and updated appliances ready for your next culinary creation. The oversized two-car garage is a standout feature with a premium overhead rack system, its own half bath, and tons of space for storage or a workshop. Out back, enjoy a fully fenced, spacious yard perfect for pets, entertaining, or simply relaxing under the Florida sun. (Roof 2017/ Hot Water Heater 2017/ AC 2017) Ideally located just 30 minutes from Tampa International Airport and 15 minutes from Armature Works, with quick access to major highways. You'll also be just minutes from Lowry Park Zoo, great dining, shopping, and all the conveniences of city living—without sacrificing a peaceful neighborhood vibe. Don’t miss your chance to own this move-in ready charmer—schedule your private showing today!

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Location


Property Details


Parking

  • Description: Bath In Garage, In Garage, Oversized, Workshop in Garage
  • Details: Driveway, Garage Door Opener, Oversized, Attached
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 1
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 7
  • # of Stories: 1
  • Basement Description: Crawl Space

Exterior Features

  • Exterior Walls Materials: Siding (Alum/Vinyl)
  • Roof Type: Gable or Hip
  • Roof Material: Shingle

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: A2528183ES000001000280
  • Lot Size: 8400 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 1949

Tax Information

  • Annual Tax: $3,573

Utilities

  • Water & Sewer: Public
  • Heating: Central, Electric
  • Cooling: Central Air

Location

  • County: Hillsborough

Listing Details


Listed by:
Nicole Quinones
REAL BROKER, LLC
(727) 871-1945

Source:
Stellar MLS
MLS#: TB8419598
Stellar MLS

Investment Summary


Monthly Cash Flow
-$829
Cap Rate
3.7%
Cash-on-Cash Return
-10.8%
Debt Coverage Ratio
0.60
Internal Rate of Return (5 years)
-6.5%

Purchase Details

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Purchase price:
$400,000
Amount financed:
-$320,000
Down payment:
$80,000
Closing costs:
$12,000
Rehab costs:
$0
Initial cash invested:
$92,000
Square feet:
1,384
Cost per square foot:
$289
Monthly rent per square foot:
$1.59

Financing Details

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Loan amount:
$320,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$2,049
Property tax:
$298
Insurance:
$154
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,501

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,200 $26,400
Vacancy loss: (6%)
6% -$132 -$1,584
Operating income:
$2,068 $24,816

Operating Expenses


% Rent Monthly Yearly
Property taxes: (14%)
14%-$298-$3,574
Insurance: (7%)
7%-$154-$1,848
Property management: (8%)
8%-$176-$2,112
Repairs & maintenance: (5%)
5%-$110-$1,320
Capital expenditures: (5%)
5%-$110-$1,320
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (39%)
39%-$848-$10,174

Cash Flow


Monthly Yearly
Net operating income:
$1,220 $14,640
Mortgage payments:
-$2,049 -$24,588
Cash flow:
$829 $9,948