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    Charming Residential Property in Ruskin Title is generated by Realmo AI

    530 GLENN CROSS DRIVE, Ruskin, FL 33570

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    For Sale
    $245,000

    Charming property with spacious kitchen and flexible living space.

    Type:Condo/Townhome
    Property size:
    1,707 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $143/SF
    Added:
    Feb 21, 2024
    Days on Market:
    867
    Last Refresh:
    Apr 6 at 2:22 am

    Property Features for 530 GLENN CROSS DRIVE

    General Information

    Standard status
    Active
    Size
    1,707 SF
    Lot size
    0.04 Acres
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    2020

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    Greg Blackall

    Listing office OPENDOOR BROKERAGE LLC

    Listing date Feb 21, 2024

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of OPENDOOR BROKERAGE LLC

    HighLights

    • Built in 2020, this home offers relatively new construction.
    • Spacious kitchen with a center island, perfect for cooking and entertaining.
    • Flexible living space with customizable additional rooms.
    • Primary bathroom featuring double sinks.
    • Good under‑sink storage in the primary bathroom.
    • Fresh interior paint throughout.

    Overview

    This residential property features a calming natural color palette and a spacious kitchen equipped with a center island. The flexible living space includes additional rooms that can be customized. The primary bathroom includes double sinks and under sink storage. The interior has fresh paint and partial flooring replacement in some areas. The property size is 1707 square feet.

    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 $30.7k $18.00
    − Vacancy −$2.2k −$1.28
    EGI $28.5k $16.72
    − OpEx −$12.8k −$7.52
    NOI $15.7k $9.20
    1,707 SF · lease $18.00/SF/yr · vacancy 7.10% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $224.3K
    $196.2K – $261.7K (±1% cap)
    NOI $15,699 @ 7.0% cap · market cap 6.41%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $494.4K
    $432.6K – $576.8K (±1% cap)
    NOI $34,605 @ 7.0% cap · market cap 14.12%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Dental Office Building Supply Big Box & Wholesale Store Hotel & Motel Pharmacy Law Firm Department Store Auto Parts Store Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ruskin
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.4250185
    Latitude
    27.7235351

    FAQs

    What type of property is this?
    Residential income property - Charming property with spacious kitchen and flexible living space.
    Where is this residential income property located?
    The property is located at 530 GLENN CROSS DRIVE Ruskin, FL.
    What is the asking price?
    The asking price for this property is $245,000.
    What are key features of this property?
    This property features: Built in 2020, this home offers relatively new construction.; Spacious kitchen with a center island, perfect for cooking and entertaining.; Flexible living space with customizable additional rooms.
    More about this property
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