Well-Kept Duplex Income
420 BIG CEDAR Way Brandon, FL 33510
New
For Sale
$430,000
MULTI_FAMILY - BRANDON, FL
Property Size1,845 SF
Lot Size0.18 Acres
Price / SF$233.06
Days on Market7
Property Features for 420 BIG CEDAR Way
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- RMC-16
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 1
- Parking features
- Assigned, Off Street, Driveway
- Window features
- Aluminum Frames, Blinds
- Interior features
- Thermostat
- Exterior features
- Sidewalk
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator, Washer
- Standard status
- Active
- APN
- U-22-29-20-2E2-000000-00017.0
- Size
- 1,845 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- B AND H SUBDIVISION INCLUDING A RESUB OF BLOCK 20 MAP OF BRANDON P 8 PG 52 LOT 17
- Tax Annual Amount
- 4840
Utilities
- Utilities
- Phone Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1984
- Floors in Building
- 1
- Flooring type
- Carpet, Tile - Ceramic
- Building materials
- Block, Stucco
- Roof type
- Shingle
Listing Agency:
SIGNATURE REALTY ASSOCIATES
(813) 689-3115
Listed By:
James Lathrop · License #463974
(813) 263-7984
Added: Jul 20
Changed: Jul 25
Last Checked: Jul 26 at 6:06AM
MLS# TB8531230
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.
Well-maintained duplex-style income property in Brandon, Florida. The property is currently occupied by two tenants: one has been in place for two years and has renewed their lease, and the second tenant has been in the apartment for five years with a renewal scheduled for September.
The site totals 0.18 acres and is zoned RMC-16. The property is listed for sale as a residential income asset.
With 1,845 square feet of property size, this two-unit setup is positioned for an owner seeking ongoing occupancy supported by tenant retention.
The site totals 0.18 acres and is zoned RMC-16. The property is listed for sale as a residential income asset.
With 1,845 square feet of property size, this two-unit setup is positioned for an owner seeking ongoing occupancy supported by tenant retention.
Key Highlights
- Well maintained income property with 2 tenants; one tenant has been in place for 2 years and just renewed, with renewal noted for September
- Built in 1984 with block and stucco construction
- Central air conditioning with central electric heating
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.5k | $19.80 |
| − Vacancy | −$1.8k | −$0.98 |
| EGI | $34.7k | $18.82 |
| − OpEx | −$10.4k | −$5.65 |
| NOI | $24.3k | $13.18 |
1,845 SF · lease $19.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$347.3K
$303.9K – $405.1K
NOI $24,308 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$310.0K
$271.3K – $361.7K
NOI $21,702 @ 7.0% cap · market cap 5.05%
Theoretical Best
Office A
$694.1K
$607.3K – $809.7K
NOI $48,584 @ 7.0% cap · market cap 11.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Big Cedar Way ...
Apartment Complex
FAQs
What type of property is this?
Duplex - Two-unit income property with long-term tenants and recent lease renewals.
Where is this duplex located?
The property is located at 420 BIG CEDAR Way Brandon, FL.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Well maintained income property with 2 tenants; one tenant has been in place for 2 years and just renewed, with renewal noted for September; Built in 1984 with block and stucco construction; Central air conditioning with central electric heating
