Gated Residential Income
233 THORN TREE PLACE, Brandon, FL 33510
For Sale
New
$129,900
Residents have access to a pool, tennis courts, an exercise facility, laundry areas, and a clubhouse.
Property Size918 SF
Price / SF$141.50
Days on Market5
Property Features for 233 THORN TREE PLACE
General Information
Standard status
Size
Property subtype
Amenities
gated access
pool
exercise facility
laundry facilities
tennis courts
clubhouse
0.0003 acres, City Limits, Near Public Transit
Built-Up
Public Sewer
Additional parcels description:, Parcel Number: U-22-29-20-94F-000017-00233.0, Public Survey Range: 20, Public Survey Section: 22, Annual Amount: $1,723, Tax Block: 00, Tax Book Number: 22-22, Legal Description: THE HAMPTONS AT BRANDON A CONDOMINIUM UNIT 233 BLDG 17 AND AN UNDIV INT IN COMMON ELEMENTS, Lot: 00, Year: 2025, Zoning: RMC-16
Tile
Central Air
Central, Electric
Laundry Room
Listing ID: MFRTB8563914, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, On market as of 2026-11-05, 1 day on market, Special Conditions: None
Blinds
2 total bedrooms
Built in 1985, Living area: 918, Living area units: Square Feet, Levels: One, Construction Materials: Stucco, Frame
Subdivision: THE HAMPTONS AT BRANDON A CONDO, MLS Area (Major): 33510 - Brandon, County/Parish: Hillsborough
Other structures: Storage
2 total bathrooms
Gated Community - No Guard, Playground, Pool
BB/HS Internet Available, Cable Available, Public, Water Source: Public
Slab
Allowed: Cats OK, Dogs OK, Number Limit, Yes
Road Surface: Asphalt, Paved
Patio/Porch Features: Rear Porch, Playground, Storage
Ceiling Fans(s), Eat-in Kitchen, Solid Wood Cabinets, Thermostat
Dishwasher, Range, Refrigerator, Other equipment: Playground
Association Fee: $0, Fee Frequency: Monthly
Building Details
Year Built
Listing Agency:
PHILLIP SCOTT MANAGEMENT & INV
(727) 712-6073
Listed By:
Angela Mason · License #3583556
(727) 608-7203
Source:
Miharaandassociates
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 4:54AM
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 PHILLIP SCOTT MANAGEMENT & INV
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Investment Insights
Based on property information with market context.
This residential income property is within a gated community in Brandon, Florida. Shared community amenities include pool areas, tennis courts, an exercise facility, multiple laundry facilities, and a clubhouse. The property was built in 1985.
Key Highlights
- Gated community in Brandon, Florida
- Community amenities include pool areas, tennis courts, and an exercise facility
- Multiple shared laundry facilities and a clubhouse
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,798
Cap Rate
8.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,960
$216.0K
Cap Rate 7%
$154,257
$154.3K
Cap Rate 9%
$119,978
$120.0K
Market Conditions
NOI Build-Up for 918 SF
Gross rent
$20.7K $22.56/SF
− Vacancy
−$1.1K −$1.17/SF
EGI
$19.6K $21.39/SF
− OpEx
−$8.8K −$9.62/SF
NOI
$10.8K $11.76/SF
Area
Brandon, FL
Vacancy
5.20%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,960
Cap Rate 7%
$154,257
Cap Rate 9%
$119,978
Alternative Uses
Best Use
Apartment 5plus
$154.3K
$135.0K – $180.0K
NOI $10,798 @ 7.0% cap · market cap 8.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$345.3K
$302.2K – $402.9K
NOI $24,174 @ 7.0% cap · market cap 18.61%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
2,485
Businesses Nearby
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Business Placement
Demographics for 33510, FL
30,049
Population
12,006
Households
2.5
Avg Household Size
38
Median Age
26%
College-Educated
89%
High-School Grad
7.6 sq mi
ZIP Area
3,954
Density / Sq Mi
$71,057
Median Household Income
$40,399
Median Earnings
$1,365
Median Rent
$274,600
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Hillsborough County, FL
Properties on Market for Residential income properties in Hillsborough County
Frequently Asked Questions
What type of property is this?
Residential income property - Residents have access to a pool, tennis courts, an exercise facility, laundry areas, and a clubhouse.
Where is this residential income property located?
The property is located at 233 THORN TREE PLACE Brandon, FL.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Gated community in Brandon, Florida; Community amenities include pool areas, tennis courts, and an exercise facility; Multiple shared laundry facilities and a clubhouse
