5160 SUNRIDGE PALMS DRIVE, Tampa, FL 33617
3-bedroom, 2.5-bath townhouse near USF, ideal for investors.
- Added:
- Sep 10, 2024
- Days on Market:
- 668
- Last Refresh:
- Apr 6 at 12:12 am
Property Features for 5160 SUNRIDGE PALMS DRIVE
General Information
- Standard status
- Active
- Size
- 1,368 SF
- Lot size
- 0.01 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1998
Listing office SERVICE NEAR REALTY (813) 401-0576
Listing date Sep 10, 2024
Source Exitrealty
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All listing content including descriptions, pricing, images are the copyrighted material of SERVICE NEAR REALTY
HighLights
- Prime location across from USF's east entrance, ideal for students, faculty, or rentals.
- Easy access to I‑75 and I‑275, Veteran's Hospital, MOSI, Busch Gardens, and University Mall.
- HOA covers water, sewer, and trash, offering a maintenance‑free lifestyle.
- Pet‑friendly community with a pool and patio for grilling.
- Spacious 3‑bedroom, 2.5‑bath townhouse layout.
- Second‑floor laundry for added convenience.
Overview
Local Financial Insights For Apartment 5plus
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 | $29.1k | $21.24 |
| − Vacancy | −$2.1k | −$1.51 |
| EGI | $27.0k | $19.73 |
| − OpEx | −$12.1k | −$8.88 |
| NOI | $14.8k | $10.85 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.4010373
- Latitude
- 28.0585593