Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    55+ Community Home with Garage Title is generated by Realmo AI

    1710 7TH SW STREET 103, Ruskin, FL 33570

    View on Map
    Claim this Listing
    For Sale
    $115,000

    Two-bedroom home in a gated 55+ community.

    Type:Mobile Home
    Property size:
    1,040 SF
    Lot size:
    0.01 Acres
    Price / SF:
    $110/SF
    Added:
    Jul 1, 2024
    Days on Market:
    700
    Last Refresh:
    May 19 at 11:56 pm

    Property Features for 1710 7TH SW STREET 103

    General Information

    Standard status
    Active
    Size
    1,040 SF
    Lot size
    0.01 Acres
    Property subtype
    Mobile Home

    Building Details

    Year Built
    1983

    We can help!

    Listing Contact
    Cathy Griggs
    Cathy Griggs

    Listing agent Cathy Griggs License #3086739

    Listing office KELLER WILLIAMS SOUTH SHORE

    Listing date Jul 1, 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 KELLER WILLIAMS SOUTH SHORE

    HighLights

    • Own a share in Riverbreeze Estates Park (co‑op) - enjoy no lot rent and Board of Directors eligibility.
    • Brand new roof and carport.
    • New HVAC installed in 2024.
    • Attached garage with storage room and covered carport.
    • Active 55+ gated community with pool, shuffleboard, and clubhouse.
    • Conveniently located near US‑41 for easy access to Bradenton and Sarasota.

    Overview

    This two-bedroom, two-bathroom home, featuring a new roof and carport, is located in the active 55+ community of Riverbreeze Estates. Ownership in this co-op community includes a share in Riverbreeze Estates Park and the right to a seat on the Board of Directors. The home includes an attached garage and a covered carport. A storage room within the garage houses a washer and dryer. The kitchen has a dinette area and a ceiling fan. The Florida room is enclosed for year-round use. The home also features spacious bedrooms and full bathrooms. Riverbreeze Estates is a night-gated community with amenities including a pool, shuffleboard court, and a clubhouse. The maintenance fee is $135.00 per month. The property is conveniently located near US-41, providing easy access to Bradenton and Sarasota, and is also near I-75 for access to Tampa and St. Pete. The home has new HVAC installed in 2024.

    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 $18.7k $18.00
    − Vacancy −$1.3k −$1.28
    EGI $17.4k $16.72
    − OpEx −$7.8k −$7.52
    NOI $9.6k $9.20
    1,040 SF · lease $18.00/SF/yr · vacancy 7.10% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $136.6K
    $119.6K – $159.4K (±1% cap)
    NOI $9,565 @ 7.0% cap · market cap 8.32%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $301.2K
    $263.5K – $351.4K (±1% cap)
    NOI $21,083 @ 7.0% cap · market cap 18.33%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Riverbreeze Estate Park Campground & RV Park happy retired Bar & Pub

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Skin Care Clinic Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Ruskin
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.4399234
    Latitude
    27.6998828

    Nearby Similar for Sale

    • $999,988
      6,758 SF

      Unique Ruskin Mixed-Use Opportunity

      Two-story commercial/residential building with flexible mixed-use potential in Ruskin, FL.
      100 E SHELL POINT ROAD, RUSKIN, FL 33570
      View Details
    • $495,000

      Fully Leased Ruskin Office Building

      Commercial office building in Ruskin, Florida, fully leased.
      201 W SHELL POINT Rd, Ruskin, FL 33570
      View Details
    • $999,988
      6,500 SF

      Unique Ruskin Mixed-Use Opportunity

      Two-story commercial/residential building with flexible mixed-use potential.
      100 E SHELL POINT Rd, Ruskin, FL 33570
      View Details
    • $1,920,000
      3,500 SF

      Medical Office Investment Opportunity

      Single-tenant medical office in a growing Sun City Center community.
      946 Cypress Village Blvd, Ruskin, FL
      View Details
    • $999,988
      6,758 SF

      Ruskin Mixed-Use Commercial/Residential Building

      Two-story building with mixed-use potential in a visible location.
      100 E Shell Point Rd, Ruskin, FL 33570
      View Details
    • $2,300,000

      Established Printing Company For Sale

      Operating printing company with building, FF&E, and real property.
      210 WOODLAND ESTATES Ave, Ruskin, FL 33570
      View Details
    • $6,988,000
      3,010 SF

      Car Wash NNN Lease Opportunity

      Car wash on a large site with NNN lease.
      2371 Shell Point Rd E, Ruskin, FL 33570
      View Details
    • $245,000
      1,707 SF

      Charming Residential Property in Ruskin

      Charming property with spacious kitchen and flexible living space.
      530 GLENN CROSS DRIVE, RUSKIN, FL 33570
      View Details
    • $599,000
      2,262 SF

      Waterfront Homes with Income Potential

      Two waterfront homes with direct bay access and rental income.
      3225 W Shell Point Rd, Ruskin, FL 33570
      View Details

    FAQs

    What type of property is this?
    Mobile home & RV park - Two-bedroom home in a gated 55+ community.
    Where is this mobile home & rv park located?
    The property is located at 1710 7TH SW STREET 103 Ruskin, FL.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: Own a share in Riverbreeze Estates Park (co‑op) - enjoy no lot rent and Board of Directors eligibility.; **Brand new roof and carport.**; New HVAC installed in 2024.
    (813) 392-9166
    We can help!
    Listing Contact
    Cathy Griggs
    Cathy Griggs
    Real Estate License ID: 3086739
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1710 7TH SW STREET 103, RUSKIN, FL 33570
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!