6214 E Sligh Ave — Sale in Tampa, FL
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Tampa, FL 33617
Photos
Investment Figures
- Cap rate
- 6.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Buildable riverfront property (approved) on Hillsborough River! Investment Highlights: • 300+ ft Riverfront Hillsborough River • 47 Apartments - Planned Development Approved by Hillsborough County • 3 story, garden style walk-up with 80+ parking spots
Market Context
This multifamily in Tampa, FL is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Tampa, FL — view the full market.
As of Q4 2025, the Tampa multifamily market showed a 10.3% vacancy rate, average asking rents near $1818.00/unit/mo, and cap rates around 5.7%. Source: multiple brokerage reports, Q4 2025.
Its 6.0% asking cap rate is above the Tampa multifamily market average of about 5.7%, implying a higher yield (and typically more risk or upside) than comparable assets.
Multifamily market FAQ
- What is the typical cap rate for multifamily in Tampa?
- About 5.7% as of Q4 2025, per multiple brokerage reports.
- Is the Tampa multifamily market tightening or softening?
- Vacancy is around 10.3% (Q4 2025).
Contact
- Ben Smith · (813) 387-4851 · ben.smith@marcusmillichap.com
Explore this market
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