This sale includes 2 separate buildings, each on its own parcel. Gross annual income of $59,400. The main building fronts 5th Avenue (SR 54) is currently used as an income producing triplex which consists of a 2/1 two story unit with central a/c (Apt. 1: $1200 monthly includes water), a 2/1 apartment on the first level (Apt. 2: $1100 monthly includes water) (Apt. 3: vacant efficiency for $800 monthly includes water & electric). The additional parcel, immediately north offers a duplex of two 1/1 apartments 5141 & 5143 4th Street (Apts. 4 & 5: $925 each monthly includes water). Each building has its own water meter paid by landlord. Both buildings and units have been nicely updated over the last 4 years. Roofs replaced SEP 2022 with wind mitigation reports. Building’s sidings are newly repaired with fresh exterior paint. Location is across the street from Zephyr Park and has bus stops within one block. Empty external storage room could be converted into a communal laundry room for additional income. This downtown location is suited for business or investment, and with the Commercial TMU Zoning (Traditional Mixed Use), this property offers a variety of income or commercial possibilities.
Sold for $450,000 on 01/31/25
$450,000
38155 5th Ave, Zephyrhills, FL 33542
3beds
3baths
2,744sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$164/sqft
$2,335 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,335/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 09, 2025 at 06:13pm
Listing Provided by:
Gary Myers 813-600-7998,
DALTON WADE INC 888-668-8283
Bought with:
Gary Myers
DALTON WADE INC
Source: Stellar MLS,MLS#: TB8309207
Originating MLS: Suncoast Tampa
Originating MLS: Suncoast Tampa
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Central, Wall Units / Window Unit
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Included: Electric Water Heater, Range, Range Hood, Refrigerator
- Laundry: None
Features
- None
- Flooring: Carpet, Ceramic Tile, Laminate, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 3,106
- Total interior livable area: 2,744 sqft
Property
Parking
- Parking features: Guest, None, On Street, Open
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio, Porch, Screened
- Exterior features: Sidewalk
- Has view: Yes
- View description: City, Park/Greenbelt
Lot
- Size: 0.28 Acres
- Dimensions: 136 x 90
- Features: Corner Lot, City Lot, Near Public Transit, Sidewalk
Details
- Additional parcels included: 11-26-21-0010-15700-0065
- Parcel number: 1126210010157000060
- Zoning: TMU
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Wood Siding
- Foundation: Crawlspace, Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Park, Racquetball, Sidewalks, Tennis Court(s)
Location
- Region: Zephyrhills
- Subdivision: CITY ZEPHYRHILLS
HOA & financial
HOA
- Has HOA: No
- Amenities included: Park, Racquetball, Tennis Court(s)
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 5100
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Road surface type: Paved, Asphalt, Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 1/31/2025 | Sold | $450,000-6.1%$164/sqft |
Source:  Stellar MLS #TB8309207 | ||
| 1/18/2025 | Pending sale | $479,000$175/sqft |
Source: Stellar MLS #TB8309207 | ||
| 12/11/2024 | Pending sale | $479,000$175/sqft |
Source: Stellar MLS #TB8309207 | ||
| 12/6/2024 | Price change | $479,000-2%$175/sqft |
Source: Stellar MLS #TB8309207 | ||
| 11/25/2024 | Price change | $489,000-1%$178/sqft |
Source: Stellar MLS #TB8309207 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,340 -2.8% | $179,907 +0.6% |
| 2023 | $4,466 +12.2% | $178,857 +2.7% |
| 2022 | $3,982 +9.6% | $174,120 +12.8% |
Find assessor info on the county website
Neighborhood: 33542
Nearby schools
GreatSchools rating
- 1/10West Zephyrhills Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 3/10Raymond B. Stewart Middle SchoolGrades: 6-8Distance: 0.6 mi
- 2/10Zephyrhills High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: West Zephyrhills Elemen-PO
- Middle: Raymond B Stewart Middle-PO
- High: Zephryhills High School-PO
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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