Upgraded Condo in Historic
1810 E PALM AVENUE 5113 Tampa, FL 33605
1810 E PALM AVENUE 5113, Tampa, FL, 33605
$180,000
For Sale
$180,000
One bedroom condo with upgrades in a gated community.
Property Size618 SF
Price / SF$291.26
Days on Market554
Property Features for 1810 E PALM AVENUE 5113
General Information
- Standard status
- Active
- Size
- 618 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2001
Listing agency
CAPITAL CALDWELL LLC
(813) 728-8823
Listed by
Monique Caldwell · License #3033413
(813) 728-8823
Source
Exitrealty
Added: Jan 13, 2025 Updated: Jul 6 at 12:26PM Checked: Jul 21 at 5:51AM
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 CAPITAL CALDWELL LLC
Investment Insights
Based on property information with market context.
This upgraded one-bedroom, one-bath condo overlooks a courtyard and is situated on the first floor of the main building within The Quarter at Ybor. The unit is conveniently located near parking and community amenities. The community features two resort-style swimming pools, a spa, a fitness center, and a community room. The property is gated and offers secured parking, with guest parking options available. The owners have upgraded the kitchen with new cabinets and granite countertops. The unit features vinyl plank flooring throughout, with no carpet. The floorplan, known as the Zino, includes French doors, a storage closet on the balcony, and a dining room. Located in Historic Ybor City, the property is within walking distance of dining, nightlife, and shopping. The property size is 618 square feet.
Key Highlights
- Prime location in Historic Ybor City, walking distance to dining, nightlife, and shopping.
- Upgraded kitchen with new cabinets and granite countertops.
- Vinyl plank flooring throughout (no carpet).
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 | $13.1k | $21.24 |
| − Vacancy | −$932 | −$1.51 |
| EGI | $12.2k | $19.73 |
| − OpEx | −$5.5k | −$8.88 |
| NOI | $6.7k | $10.85 |
618 SF · lease $21.24/SF/yr · vacancy 7.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$95.8K
$83.8K – $111.8K
NOI $6,707 @ 7.0% cap · market cap 3.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$144.0K
$126.0K – $168.0K
NOI $10,078 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Automative Wealth Systems
Employment Agency
Squeaky Clean Books
Accounting Firm
Elite Flat Fee ...
Real Estate Agency
Mainframe Data Protection
(Bike/Boat/Book/etc) Store
Panama Jax Cabinetry ...
Hardware & Home Improvement
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FAQs
What type of property is this?
Residential income property - One bedroom condo with upgrades in a gated community.
Where is this residential income property located?
The property is located at 1810 E PALM AVENUE 5113 Tampa, FL.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Prime location in Historic Ybor City, walking distance to dining, nightlife, and shopping.; Upgraded kitchen with new cabinets and granite countertops.; Vinyl plank flooring throughout (no carpet).
