Updated Duplex With Separate
For Sale
$540,000
122 N OAKWOOD AVENUE, Brandon, FL 33510
Two residential units include private rear patios and support flexible rental or multi-generational use.
Property Size1,694 SF
Price / SF$318.77
Days on Market554
Property Features for 122 N OAKWOOD AVENUE
General Information
Standard status
Active
Size
1,694 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$5,265
Building Details
Year Built
1965
Listing Agency:
EXP REALTY LLC
(888) 883-8509
Listed By:
Sulamita Del Valle · License #3293615
(813) 510-9619
Source:
Exitrealty
Added: Apr 10, 2025
Changed: Sep 2
Last Checked: Sep 15 at 5:38AM
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 EXP REALTY LLC
Investment Insights
Based on property information with market context.
Built in 1965, this 1,694-square-foot duplex contains two two-bedroom, one-bath units. The property is currently operating as a short-term rental, with separate utilities serving each side. Unit A has received substantial interior updates, including new flooring, refreshed wall textures, and a granite kitchen. Both units have their own rear patios, while a new privacy fence adds separation between outdoor areas.
The property sits on more than a quarter acre at 122 N Oakwood Avenue in Brandon. Highway 60 is nearby, with I-75 approximately six minutes away and Walmart approximately four minutes away. Shopping, grocery stores, and restaurants are within walking distance. Additional improvements include a 2018 roof, a 2022 drain field, and an AC replacement completed in 2024. There is no HOA or CDD.
The property sits on more than a quarter acre at 122 N Oakwood Avenue in Brandon. Highway 60 is nearby, with I-75 approximately six minutes away and Walmart approximately four minutes away. Shopping, grocery stores, and restaurants are within walking distance. Additional improvements include a 2018 roof, a 2022 drain field, and an AC replacement completed in 2024. There is no HOA or CDD.
Key Highlights
- 1,694 SF duplex with two 2‑bedroom, 1‑bath units
- Separate utilities for each unit
- Unit A remodeled with new flooring, wall textures, and granite kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,319
Cap Rate
4.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,380
$446.4K
Cap Rate 7%
$318,843
$318.8K
Cap Rate 9%
$247,989
$248.0K
Market Conditions
NOI Build-Up for 1,694 SF
Gross rent
$33.5K $19.80/SF
− Vacancy
−$1.7K −$0.98/SF
EGI
$31.9K $18.82/SF
− OpEx
−$9.6K −$5.65/SF
NOI
$22.3K $13.18/SF
Area
Brandon, FL
Vacancy
4.94%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,380
Cap Rate 7%
$318,843
Cap Rate 9%
$247,989
Alternative Uses
Best Use
Multifamily LT 5
$318.8K
$279.0K – $372.0K
NOI $22,319 @ 7.0% cap · market cap 4.13%
Second Best
Apartment 5plus
$284.7K
$249.1K – $332.1K
NOI $19,926 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$637.3K
$557.6K – $743.5K
NOI $44,608 @ 7.0% cap · market cap 8.26%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,289
Businesses Nearby
Explore this area
Business Placement
Demographics for 33510, FL
30,049
Population
12,006
Households
2.5
Avg Household Size
38
Median Age
26%
College-Educated
89%
High-School Grad
7.6 sq mi
ZIP Area
3,954
Density / Sq Mi
$71,057
Median Household Income
$40,399
Median Earnings
$1,365
Median Rent
$274,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units include private rear patios and support flexible rental or multi-generational use.
Where is this duplex located?
The property is located at 122 N OAKWOOD AVENUE Brandon, FL.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 1,694 SF duplex with two 2‑bedroom, 1‑bath units; Separate utilities for each unit; Unit A remodeled with new flooring, wall textures, and granite kitchen
