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    Remodeled Seminole Gardens One Bedroom Title is generated by Realmo AI

    8425 112TH STREET 106, Seminole, FL 33772

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    For Sale
    $104,900

    Remodeled one-bedroom unit near pool, shopping, and Redington Beach.

    Type:Condo/Townhome
    Property size:
    608 SF
    Lot size:
    0.25 Acres
    Price / SF:
    $172/SF
    Added:
    Jan 24, 2025
    Days on Market:
    528
    Last Refresh:
    Apr 6 at 12:40 am

    Property Features for 8425 112TH STREET 106

    General Information

    Standard status
    Active
    Size
    608 SF
    Lot size
    0.25 Acres
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    1966

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    Kathy Haugh

    Listing office RIDGE SEMINOLE MGMNT CORP

    Listing date Jan 24, 2025

    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 RIDGE SEMINOLE MGMNT CORP

    HighLights

    • Newly remodeled one‑bedroom unit on the ground floor.
    • Located across from the heated pool, hot tub, and Peacock Center (complex activities).
    • New kitchen with cabinets, quartz countertops, and stainless steel appliances.
    • Only 4 miles from Redington Beach.
    • Steps away from Seminole Shopping Center (retail, restaurants, movie theater).
    • Resident small bus to Publix and Super Walmart weekly.

    Overview

    This newly remodeled one-bedroom unit is located on the ground floor of Seminole Gardens, situated across from the heated pool, hot tub, and Peacock Center, the complex's activity hub. The unit features new laminate flooring and a completely renovated kitchen with new cabinets, quartz countertops, and stainless steel appliances. New ceiling fans and AC wall units are installed in the living room and bedroom, complemented by new lighting fixtures and window treatments. The property is located approximately 4 miles from Redington Beach and steps away from the Seminole Shopping Center, which offers retail options, restaurants, and a movie theater. A small bus service is available for residents, providing weekly transportation to Publix and Super Walmart. This vacant unit is suitable for year-round living or as a winter residence.

    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 $10.9k $18.00
    − Vacancy −$777 −$1.28
    EGI $10.2k $16.72
    − OpEx −$4.6k −$7.52
    NOI $5.6k $9.20
    608 SF · lease $18.00/SF/yr · vacancy 7.10% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $79.9K
    $69.9K – $93.2K (±1% cap)
    NOI $5,592 @ 7.0% cap · market cap 5.33%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $158.1K
    $138.4K – $184.5K (±1% cap)
    NOI $11,070 @ 7.0% cap · market cap 10.55%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Food Market Daycare Center Grocery & Convenience Store Parking Lot & Garage Grocery & Convenience Store Hotel & Motel (Bike/Boat/Book/etc) Store Barber Shop Bed & Breakfast (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Seminole
    County
    Pinellas
    State
    Florida
    Longitude
    -82.793067
    Latitude
    27.849029

    FAQs

    What type of property is this?
    Residential income property - Remodeled one-bedroom unit near pool, shopping, and Redington Beach.
    Where is this residential income property located?
    The property is located at 8425 112TH STREET 106 Seminole, FL.
    What is the asking price?
    The asking price for this property is $104,900.
    What are key features of this property?
    This property features: Newly remodeled one‑bedroom unit on the ground floor.; Located across from the **heated pool, hot tub, and Peacock Center** (complex activities).; **New kitchen with cabinets, quartz countertops, and stainless steel appliances.**
    More about this property
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