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Move-In Ready Tampa Condo

13502 PALMWOOD LANE 13502 Tampa, FL 33618

13502 PALMWOOD LANE 13502, Tampa, FL, 33618
$314,900
Pending
For Sale
$314,900
Pending

Spacious 3-bedroom, 2-bathroom townhome in the Village Green community.

Property Size1,742 SF
Lot Size0.04 Acres
Days on Market516

Property Features for 13502 PALMWOOD LANE 13502

General Information

Standard status
Pending
Size
1,742 SF
Lot size
0.04 Acres
Property subtype
Condo/Townhome

Building Details

Year Built
1973
Listing agency ROSS RENTALS LLC
Listed by Yein Ross · License #3068701
Source Exitrealty
Added: Feb 21, 2025 Updated: Jul 6 at 12:12PM Checked: Jul 22 at 9:35AM

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 ROSS RENTALS LLC


Investment Insights

Based on property information with market context.

Located in Tampa's 33618 area, this move-in ready townhome features 3 bedrooms and 2 bathrooms. The property offers 1,778 sq. ft. of living space. The open-concept living and dining areas are bright with natural light. The kitchen provides ample counter space and storage. The bedrooms are generously sized with closet space. The property is located close to shops, dining, and major highways for easy commuting. This townhome is situated in the Village Green community.

Key Highlights

  • Move‑in ready 3‑bedroom, 2‑bathroom condo.
  • Enjoy spacious 1,778 sq. ft. of living space.
  • Great Tampa location (33618) close to shops, dining, and major highways.

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 $37.0k $21.24
− Vacancy −$2.6k −$1.51
EGI $34.4k $19.73
− OpEx −$15.5k −$8.88
NOI $18.9k $10.85
1,742 SF · lease $21.24/SF/yr · vacancy 7.10% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$270.1K
$236.3K – $315.1K (±1% cap)
NOI $18,905 @ 7.0% cap · market cap 6.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$405.8K
$355.1K – $473.5K (±1% cap)
NOI $28,409 @ 7.0% cap · market cap 9.02%
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

Suggested Use

Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Storage Facility Home Appliance Store (Bike/Boat/Book/etc) Store Restaurant (Bike/Boat/Book/etc) Store Fish Market Carpet & Flooring Store

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

FAQs

What type of property is this?
Residential income property - Spacious 3-bedroom, 2-bathroom townhome in the Village Green community.
Where is this residential income property located?
The property is located at 13502 PALMWOOD LANE 13502 Tampa, FL.
What is the asking price?
The asking price for this property is $314,900.
What are key features of this property?
This property features: Move‑in ready 3‑bedroom, 2‑bathroom condo.; Enjoy spacious 1,778 sq. ft. of living space.; Great Tampa location (33618) close to shops, dining, and major highways.
Contact an agent
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