Updated Corner Unit in
220 DOGWOOD CIRCLE 220 Seminole, FL 33777
220 DOGWOOD CIRCLE 220, Seminole, FL, 33777
$190,000
Pending
For Sale
$190,000
Pending
Spacious 3 bed, 2 bath unit in 55+ community.
Property Size1,410 SF
Days on Market579
Property Features for 220 DOGWOOD CIRCLE 220
General Information
- Standard status
- Pending
- Size
- 1,410 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1973
Listing agency
BHHS FLORIDA PROPERTIES GROUP
(352) 316-4550
Listed by
ED MacKinnon · License #3266193
(352) 316-4550
Source
Exitrealty
Added: Dec 19, 2024 Updated: Jul 6 at 12:03PM Checked: Jul 21 at 6:19AM
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 BHHS FLORIDA PROPERTIES GROUP
Investment Insights
Based on property information with market context.
Located in Pinellas County, this spacious corner unit within a 55+ community features three bedrooms and two bathrooms. The property offers an updated kitchen equipped with new appliances, granite countertops, and backsplash. Newer floor covering and updated windows are present throughout the unit. Additional features include inside laundry, ample storage space, a walk-in closet, and a spacious living room with enlarged windows. The community provides access to water and a park. Monthly fees cover water, sewer, trash, cable, internet, pool, clubhouse, tennis court, and maintenance. The property size is 1410 square feet.
Key Highlights
- Updated 3 bed/2 bath corner unit in a 55+ community
- Monthly fee covers water, sewer, trash, cable, internet, pool, clubhouse, tennis court, and maintenance
- Updated kitchen with new appliances, granite countertops, and backsplash
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 | $25.4k | $18.00 |
| − Vacancy | −$1.8k | −$1.28 |
| EGI | $23.6k | $16.72 |
| − OpEx | −$10.6k | −$7.52 |
| NOI | $13.0k | $9.20 |
1,410 SF · lease $18.00/SF/yr · vacancy 7.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$185.3K
$162.1K – $216.1K
NOI $12,968 @ 7.0% cap · market cap 6.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$366.8K
$320.9K – $427.9K
NOI $25,673 @ 7.0% cap · market cap 13.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - Spacious 3 bed, 2 bath unit in 55+ community.
Where is this residential income property located?
The property is located at 220 DOGWOOD CIRCLE 220 Seminole, FL.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Updated 3 bed/2 bath corner unit in a 55+ community; Monthly fee covers water, sewer, trash, cable, internet, pool, clubhouse, tennis court, and maintenance; Updated kitchen with new appliances, granite countertops, and backsplash
