Gated 55+ Community
For Sale
$155,000
1710 7TH St SW 85, Ruskin, FL 33570
Well-maintained Ruskin home in a gated 55+ community.
Property Size1,493 SF
Lot Size0.02 Acres
Days on Market269
Property Features for 1710 7TH St SW 85
General Information
Standard status
Active
Size
1,493 SF
Lot size
0.02 Acres
Property subtype
Residential
Taxes and HOA fees
Annual Taxes
$1,701
Building Details
Building Size
1,493 SF
Year Built
1992
Stories
1
Listing Agency:
(813) 360-1555
Listed By:
Curt Howell · License #3270986
(813) 360-1555
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 13
Last Checked: Aug 22 at 11:26AM
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 Curt Howell
Investment Insights
Based on property information with market context.
Located in the gated 55+ community of Riverbreeze Estates in Ruskin, this home offers approximately 1500 square feet of living space. It features three bedrooms and two full-sized bathrooms, including an ensuite with a whirlpool tub. The home includes a sunlit breakfast area off the kitchen and a 17 x 25 great room suitable for entertaining. Storage is ample, with two large walk-in closets and a walk-in pantry in the kitchen. Natural light fills the home. Community amenities include a clubhouse with planned activities, a large heated community pool, and shuffleboard. There is also a fenced storage area for RVs and boats. Buyer approval is required, and the community allows one indoor cat or a service dog. The property's location near US-41 and I-75 provides convenient access to Bradenton, Sarasota, Tampa, and St. Pete, with their shopping, beaches, and restaurants.
Key Highlights
- Gated 55+ Community: Enjoy secure living in Riverbreeze Estates.
- Spacious Home: One of the largest in the community with almost 1500 SF of living space.
- Three Bedrooms & Two Bathrooms: Includes an ensuite bathroom with a whirlpool tub.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,731
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$274,620
$274.6K
Cap Rate 7%
$196,157
$196.2K
Cap Rate 9%
$152,567
$152.6K
Market Conditions
NOI Build-Up for 1,493 SF
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.
Gross rent
$26.9K $18.00/SF
− Vacancy
−$1.9K −$1.28/SF
EGI
$25.0K $16.72/SF
− OpEx
−$11.2K −$7.52/SF
NOI
$13.7K $9.20/SF
Area
Hillsborough County, FL
Vacancy
7.10%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$274,620
Cap Rate 7%
$196,157
Cap Rate 9%
$152,567
Alternative Uses
Best Use
Apartment 5plus
$196.2K
$171.6K – $228.9K
NOI $13,731 @ 7.0% cap · market cap 8.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$432.4K
$378.3K – $504.5K
NOI $30,267 @ 7.0% cap · market cap 19.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
169
Businesses Nearby
Explore this area
Business Placement
Demographics for 33570, FL
33,348
Population
14,049
Households
2.4
Avg Household Size
37
Median Age
22%
College-Educated
88%
High-School Grad
41.8 sq mi
ZIP Area
798
Density / Sq Mi
$69,048
Median Household Income
$41,333
Median Earnings
$1,217
Median Rent
$255,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Well-maintained Ruskin home in a gated 55+ community.
Where is this mobile home & rv park located?
The property is located at 1710 7TH St SW 85 Ruskin, FL.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Gated 55+ Community: Enjoy secure living in Riverbreeze Estates.; Spacious Home: One of the largest in the community with almost 1500 SF of living space.; Three Bedrooms & Two Bathrooms: Includes an ensuite bathroom with a whirlpool tub.
