One-Story Townhome Income
For Sale
$379,900
3512 GRAND MAGNOLIA Place, Valrico, FL 33596
MULTI_FAMILY - VALRICO, FL
Property Size1,635 SF
Lot Size0.12 Acres
Price / SF$232.35
Days on Market12
Property Features for 3512 GRAND MAGNOLIA Place
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
PD
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Bathroom 2, Dining Room, Bedroom 1, Bedroom 3
Window features
Drapes, Blinds
Pets allowed
Cats OK, Dogs OK
Interior features
Ceiling Fans(s), Solid Wood Cabinets, Tray Ceiling(s)
Exterior features
Sidewalk
Appliances
Dishwasher, Disposal, Microwave
Subdivision
SAVANNAH LANDINGS TWNHMS
Elementary school
Alafia-HB
Middle school
Burns-HB
High school
Bloomingdale-HB
Directions
USE MAPS
Standard status
Active
APN
U-12-30-20-5LP-A00000-00008.0
Size
1,635 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SAVANNAH LANDINGS TOWNHOMES LOT 8 BLOCK A
Tax Annual Amount
5226
Legal Description
SAVANNAH LANDINGS TOWNHOMES LOT 8 BLOCK A
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Heat Pump (Heating), Central
Cooling system
Central Air
Water source
Public
Amenities
pool
clubhouse
screened-in patio
Building Details
Year built
2003
Floors in Building
1
Flooring type
Vinyl
Building materials
Stucco
Roof type
Shingle
Listing Agency:
KELLER WILLIAMS SUBURBAN TAMPA · Keller Williams Realty
(813) 684-9500
Listed By:
Kelly Heldreth
(813) 760-6403
Added: Jul 30
Changed: Aug 10
Last Checked: Aug 10 at 11:06AM
MLS# TB8534303
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This one-story end-unit townhome at 3512 Grand Magnolia Place provides 1,635 square feet of living space on a 0.12-acre lot. The 3-bedroom, 2-bath layout includes volume ceilings, maple cabinetry, ceramic tile in the kitchen, vinyl flooring, and a private screened patio. Both bathrooms have been renovated, including the primary suite’s zero-entry shower and dual-sink vanity. The attached 2-car garage adds everyday convenience, while central air, electric heat, public water, and public sewer serve the home.
Built in 2003, the property is located within the 24-hour gated Savannah Landings community in Valrico. Community amenities include a pool and clubhouse, and the home offers access to I-75, I-4, MacDill AFB, shopping, dining, and the YMCA. The property is zoned PD and is currently furnished, with furniture removal or retention determined by the buyer.
Built in 2003, the property is located within the 24-hour gated Savannah Landings community in Valrico. Community amenities include a pool and clubhouse, and the home offers access to I-75, I-4, MacDill AFB, shopping, dining, and the YMCA. The property is zoned PD and is currently furnished, with furniture removal or retention determined by the buyer.
Key Highlights
- 1,635 square feet of living space on a 0.12‑acre lot
- 3‑bedroom, 2‑bath end‑unit townhome with a 2‑car garage
- Renovated bathrooms with primary suite zero‑entry shower and dual sinks
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,232
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$384,640
$384.6K
Cap Rate 7%
$274,743
$274.7K
Cap Rate 9%
$213,689
$213.7K
Market Conditions
NOI Build-Up for 1,635 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$36.9K $22.56/SF
− Vacancy
−$1.9K −$1.17/SF
EGI
$35.0K $21.39/SF
− OpEx
−$15.7K −$9.62/SF
NOI
$19.2K $11.76/SF
Area
Brandon, FL
Vacancy
5.20%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$384,640
Cap Rate 7%
$274,743
Cap Rate 9%
$213,689
Alternative Uses
Best Use
Apartment 5plus
$274.7K
$240.4K – $320.5K
NOI $19,232 @ 7.0% cap · market cap 5.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$615.1K
$538.2K – $717.6K
NOI $43,054 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
Explore this area
Business Placement
Demographics for 33596, FL
28,140
Population
10,455
Households
2.7
Avg Household Size
43
Median Age
49%
College-Educated
95%
High-School Grad
11.4 sq mi
ZIP Area
2,468
Density / Sq Mi
$112,305
Median Household Income
$52,552
Median Earnings
$2,236
Median Rent
$396,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated end-unit residence with screened patio, attached two-car garage, and access to community pool and clubhouse amenities.
Where is this residential income property located?
The property is located at 3512 GRAND MAGNOLIA Place Valrico, FL.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: 1,635 square feet of living space on a 0.12‑acre lot; 3‑bedroom, 2‑bath end‑unit townhome with a 2‑car garage; Renovated bathrooms with primary suite zero‑entry shower and dual sinks
