Remodeled Residential Income
For Sale
$215,000
18593 Bridle Club Dr, Tampa, FL 33647
Third-floor condominium with three bedrooms, two updated bathrooms, and access to extensive gated-community amenities.
Property Size1,335 SF
Price / SF$161.05
Days on Market82
Property Features for 18593 Bridle Club Dr
General Information
Standard status
Active
Size
1,335 SF
Property subtype
Multi-Family
Building Details
Year Built
2003
Listing Agency:
Remax/Premier Realty Hwy 200
(352) 433-4449
Listed By:
Alan Atchley
(941) 556-9100
Source:
Atchleyrealty
Added: Jul 30
Changed: Oct 19
Last Checked: Oct 19 at 7:21AM
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 Remax/Premier Realty Hwy 200
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Investment Insights
Based on property information with market context.
This third-floor condominium at Equestrian Parc at Highwoods Preserve offers 1,335 square feet with three bedrooms and two updated bathrooms. The residence has been fully remodeled with contemporary finishes and is presented as move-in ready. Built in 2003, it combines updated interior space with access to a broad set of community amenities.
Residents have use of a swimming pool and spa, clubhouse, fitness center, tennis courts, sand volleyball, picnic and grilling areas, and walking paths within the gated community. The property is located at 18593 Bridle Club Dr in Tampa, with access to Bruce B. Downs Boulevard and I-75. Shopping, dining, and entertainment destinations include The Shops at Wiregrass, Tampa Premium Outlets, The Grove at Wesley Chapel, and Cypress Creek Town Center. AdventHealth Wesley Chapel, Moffitt Cancer Center, and the University of South Florida are also identified in the surrounding area.
Residents have use of a swimming pool and spa, clubhouse, fitness center, tennis courts, sand volleyball, picnic and grilling areas, and walking paths within the gated community. The property is located at 18593 Bridle Club Dr in Tampa, with access to Bruce B. Downs Boulevard and I-75. Shopping, dining, and entertainment destinations include The Shops at Wiregrass, Tampa Premium Outlets, The Grove at Wesley Chapel, and Cypress Creek Town Center. AdventHealth Wesley Chapel, Moffitt Cancer Center, and the University of South Florida are also identified in the surrounding area.
Key Highlights
- Fully remodeled 1,335 SF third‑floor condominium
- Three bedrooms and two updated bathrooms
- Gated Equestrian Parc at Highwoods Preserve community
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,114
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$242,280
$242.3K
Cap Rate 7%
$173,057
$173.1K
Cap Rate 9%
$134,600
$134.6K
Market Conditions
NOI Build-Up for 1,335 SF
Gross rent
$23.7K $17.76/SF
− Vacancy
−$1.7K −$1.26/SF
EGI
$22.0K $16.50/SF
− OpEx
−$9.9K −$7.42/SF
NOI
$12.1K $9.07/SF
Area
ZIP 33647
Vacancy
7.10%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$242,280
Cap Rate 7%
$173,057
Cap Rate 9%
$134,600
Alternative Uses
Best Use
Apartment 5plus
$173.1K
$151.4K – $201.9K
NOI $12,114 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$301.3K
$263.7K – $351.6K
NOI $21,094 @ 7.0% cap · market cap 9.81%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
825
Businesses Nearby
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Business Placement
Demographics for 33647, FL
69,457
Population
27,960
Households
2.5
Avg Household Size
36
Median Age
60%
College-Educated
96%
High-School Grad
32.4 sq mi
ZIP Area
2,144
Density / Sq Mi
$104,775
Median Household Income
$55,450
Median Earnings
$1,784
Median Rent
$437,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Third-floor condominium with three bedrooms, two updated bathrooms, and access to extensive gated-community amenities.
Where is this residential income property located?
The property is located at 18593 Bridle Club Dr Tampa, FL.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Fully remodeled 1,335 SF third‑floor condominium; Three bedrooms and two updated bathrooms; Gated Equestrian Parc at Highwoods Preserve community
