TAMPA, FL 33604 7917 LAKESHORE DRIVE

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Presented By: MCBRIDE KELLY & ASSOCIATES with 813-254-0900. - 813-254-0900
  • MLS# TB8480137
  • 02/24/2026
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Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.
  • Beds • 16
  • Baths • 8
  • SQFT • 6,496

Home Details

7917 and 7919 Lakeshore Dr, Tampa, FL 33604. 2 READY-NOW and UPDATED Quadplexes, sharing a 16-spot parking lot. Income and Debts (seen below and do not include vacancy or property management) calculate out to a 8.44% cap rate. The value-add potential is if you fill the units with Section 8 tenants; the new approved Section 8 payment standard in this zip code is $1910/month, which would increase income to $15,280/month or $183,360/yr or 9.26% cap rate. All units look like the pictures, except for 2, because tenants have been there since owner purchased the property. The properties have newer architectural-shingle roofs (2021), only 1 old HVAC, washer/dryer in all units, fully fenced in the back, and the seller paved a large section of the lot to accommodate the 16 total parking spots and community trash. Location is 6 miles from downtown Tampa and the University of Tampa and 3 miles from the University of South Florida. Owner pays water and trash for the tenants, included in debts. RENT ROLL: 17A-$1725/month until 03/31/26 (have leased 2 years, moving out), 17B-$1650/month until 04/09/25 (have leased since before owner purchased property in March 2021, 17C-$1750/month projected (just leased to new tenant until 2/28/26), 17D-$1800/month until 02/27/27 (been there 1 year and just renewed for another), 19A-$1850/month (section 8) until 08/31/26 (been there since owner purchased in March 2021), 19B-$1825/month (section 8) until 01/31/26 (been there since owner purchased in Match 2021), 19C-$1770/month until 11/30/26 (been there 1 year and renewed), 19d-$1800/month until 09/30/26. TOTAL: $14,170/MONTH = $170,040/ANNUALLY. DEBTS: Insurance-$8,000/yr (has a cheaper option but chose the better insurance), Taxes-$14,810 last year, Landscaping-$600/yr (due to most the lot being concrete parking, there is minimal work), Pest-$1440/yr, Water and Trash-$8400/yr (accurate average trash+water bill for all units combined), Doesn't pay property manager. TOTAL: $2,770/MONTH = $33,250 ANNUALLY.
Presented By: MCBRIDE KELLY & ASSOCIATES with 813-254-0900. - 813-254-0900

Interior Features for 7917 LAKESHORE DRIVE

Bedrooms

Total Bedrooms16

Bathrooms

Total Baths8

Other Interior Features

LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesThermostat
Laundry FeaturesIn Kitchen

General for 7917 LAKESHORE DRIVE

Additional Parcels DescriptionA-28-28-19-46B-000042-00006.0
Additional Parcels Y/NYes
Building Area UnitsSquare Feet
Carport Y/NNo
CityTAMPA
Construction MaterialsBlock
CoolingCentral Air
CountyHillsborough
DirectionsTake 275 Hwy to E Busch Blvd, head east. Turn south onto N 40th Street. Turn west onto E River Hills Dr. Turn south onto Lakeshore Dr. Property is on the left.
Elementary SchoolSheehy-HB
Flood Zone CodeX
Flood Zone Code XY
Garage Y/NNo
Gross Income170040
HeatingCentral
High SchoolWharton-HB
Land Lease Y/NNo
Legal DescriptionTEMPLE CREST UNIT NO 3 LOT 7 AND 1/2 CLOSED ALLEY ABUTTING THEREON BLOCK 42
Listing TermsCash, Conventional, Owner May Carry
Living Area UnitsSquare Feet
Lot Size Square Feet12700
Lot Size UnitsSquare Feet
MLS Area33604 - Tampa / Sulphur Springs
Middle/Junior High SchoolSligh-HB
New ConstructionNo
Number Of Units Total2
Occupancy TypeTenant
OwnershipFee Simple
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameTEMPLE CREST UNIT 3
Tax Annual Amount14810
Tax Lot7
Tax Year2024
UtilitiesPublic
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1985
ZoningRM-24

Exterior for 7917 LAKESHORE DRIVE

Exterior AmenitiesFenced
Foundation DetailsSlab
Lot Dimensions50 x 127
Lot Size Acres0.29
Lot Size Area12700
Number of Buildings2
Number of Lots2
Private PoolNo
Road Surface TypeConcrete
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Wharton-HB High School
Middle School Sligh-HB Middle School

Steven Pugh

Broker Associate | Team Leader
Price $1,620,000
MLS#TB8480137
List Date 02/24/2026
Property Type Income
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