Duplex with Central
New
For Sale
$359,900
1412 E RENFRO STREET, Plant City, FL 33563
The property has 1,674 square feet of living area and R-2 zoning in Plant City.
Property Size1,674 SF
Price / SF$214.99
Days on Market5
Property Features for 1412 E RENFRO STREET
General Information
Standard status
Active
Size
1,674 SF
Property subtype
Duplex
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1981
Listing Agency:
BHHS FLORIDA PROPERTIES GROUP
(863) 701-2350
Listed By:
Jason Stone · License #3493955
(863) 838-8972
Source:
Endlesssummerrealty
Added: Oct 6
Changed: Oct 10
Last Checked: Oct 9 at 7:02PM
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 BHHS FLORIDA PROPERTIES GROUP
Investment Insights
Based on property information with market context.
This Plant City duplex contains 1,674 square feet and was built in 1981. Interior features include central air and central electric service, along with a dishwasher, disposal, dryer, range, refrigerator, and washer. The property is zoned R-2.
Key Highlights
- 1,674 square feet of living area
- Built in 1981
- R‑2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,540
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$390,800
$390.8K
Cap Rate 7%
$279,143
$279.1K
Cap Rate 9%
$217,111
$217.1K
Market Conditions
NOI Build-Up for 1,674 SF
Gross rent
$29.9K $17.88/SF
− Vacancy
−$2.0K −$1.21/SF
EGI
$27.9K $16.67/SF
− OpEx
−$8.4K −$5.00/SF
NOI
$19.5K $11.67/SF
Area
Hillsborough County, FL
Vacancy
6.74%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$390,800
Cap Rate 7%
$279,143
Cap Rate 9%
$217,111
Alternative Uses
Best Use
Multifamily LT 5
$279.1K
$244.3K – $325.7K
NOI $19,540 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$219.9K
$192.5K – $256.6K
NOI $15,396 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$484.8K
$424.2K – $565.6K
NOI $33,936 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
615
Businesses Nearby
Explore this area
Business Placement
Demographics for 33563, FL
27,344
Population
10,794
Households
2.5
Avg Household Size
35
Median Age
18%
College-Educated
76%
High-School Grad
15.1 sq mi
ZIP Area
1,811
Density / Sq Mi
$56,318
Median Household Income
$35,142
Median Earnings
$1,226
Median Rent
$197,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - The property has 1,674 square feet of living area and R-2 zoning in Plant City.
Where is this duplex located?
The property is located at 1412 E RENFRO STREET Plant City, FL.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: 1,674 square feet of living area; Built in 1981; R‑2 zoning
