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55+ Community Home with Garage

1710 7TH SW STREET 103 Ruskin, FL 33570

1710 7TH SW STREET 103, Ruskin, FL, 33570
$115,000
For Sale
Claim this Listing
$115,000

Two-bedroom home in a gated 55+ community.

Property Size1,040 SF
Lot Size0.01 Acres
Price / SF$110.58
AddedJul 1, 2024
Days on Market745
Last RefreshJul 13 at 7:44 am

Property Features for 1710 7TH SW STREET 103

General Information

Standard status
Active
Size
1,040 SF
Lot size
0.01 Acres
Property subtype
Mobile Home

Building Details

Year Built
1983

Listing office KELLER WILLIAMS SOUTH SHORE

Listing date Jul 1, 2024

Source Exitrealty

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 KELLER WILLIAMS SOUTH SHORE


Investment Insights

Based on property information with market context.

This two-bedroom, two-bathroom home, featuring a new roof and carport, is located in the active 55+ community of Riverbreeze Estates. Ownership in this co-op community includes a share in Riverbreeze Estates Park and the right to a seat on the Board of Directors. The home includes an attached garage and a covered carport. A storage room within the garage houses a washer and dryer. The kitchen has a dinette area and a ceiling fan. The Florida room is enclosed for year-round use. The home also features spacious bedrooms and full bathrooms. Riverbreeze Estates is a night-gated community with amenities including a pool, shuffleboard court, and a clubhouse. The maintenance fee is $135.00 per month. The property is conveniently located near US-41, providing easy access to Bradenton and Sarasota, and is also near I-75 for access to Tampa and St. Pete. The home has new HVAC installed in 2024.

Key Highlights

  • Own a share in Riverbreeze Estates Park (co‑op) - enjoy no lot rent and Board of Directors eligibility.
  • Brand new roof and carport.
  • New HVAC installed in 2024.

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 $18.7k $18.00
− Vacancy −$1.3k −$1.28
EGI $17.4k $16.72
− OpEx −$7.8k −$7.52
NOI $9.6k $9.20
1,040 SF · lease $18.00/SF/yr · vacancy 7.10% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$136.6K
$119.6K – $159.4K (±1% cap)
NOI $9,565 @ 7.0% cap · market cap 8.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$301.2K
$263.5K – $351.4K (±1% cap)
NOI $21,083 @ 7.0% cap · market cap 18.33%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Riverbreeze Estate Park Campground & RV Park happy retired Bar & Pub

Suggested Use

Real Estate Agency Law Firm Electrical Service Pharmacy Plumbing Service Grocery & Convenience Store Carpet & Flooring Store Home Appliance Store Kitchen & Bath Showroom Auto Parts Store

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

FAQs

What type of property is this?
Mobile home & RV park - Two-bedroom home in a gated 55+ community.
Where is this mobile home & rv park located?
The property is located at 1710 7TH SW STREET 103 Ruskin, FL.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Own a share in Riverbreeze Estates Park (co‑op) - enjoy no lot rent and Board of Directors eligibility.; **Brand new roof and carport.**; New HVAC installed in 2024.
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