Updated Duplex
For Sale
$280,000
319 LINGER Lane, Sun City Center, FL 33573
Residential, SUN CITY CENTER, FL
Property Size1,568 SF
Lot Size0.21 Acres
Price / SF$178.57
Days on Market155
Property Features for 319 LINGER Lane
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
PD-MU
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Dining Room, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
Pets allowed
Yes
Interior features
Cathedral Ceiling(s), Eat-in Kitchen, Living Room/Dining Room Combo
Exterior features
Lighting
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Ice Maker, Microwave, Range, Refrigerator, Washer
Subdivision
SUN CITY CENTER UNIT 47
Elementary school
Cypress Creek-HB
Middle school
Shields-HB
High school
Lennard-HB
Directions
Option 1: Fastest (via I-75 South) 1. Get on I-75 South 2. Take Exit 240 (SR-674 / Sun City Center) 3. Turn left onto SR-674 East 4. Turn left onto E Del Webb Blvd 5. Turn left onto La Jolla Ave 6. Turn right onto Linger Ln 7. The home will be on the left (corner lot
Standard status
Active
APN
U-06-32-20-2X4-000001-00010.0
Size
1,568 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SUN CITY CENTER UNIT 47 LOT 10 BLOCK 1
Tax Annual Amount
1508
Legal Description
SUN CITY CENTER UNIT 47 LOT 10 BLOCK 1
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Building Details
Year built
1985
Floors in Building
1
Flooring type
Tile, Carpet
Building materials
Stucco
Roof type
Shingle
Listing Agency:
REAL BROKER, LLC
(855) 450-0442
Listed By:
David Ramos · License #3488664
(813) 869-0831
Added: Apr 8
Changed: Sep 8
Last Checked: Sep 9 at 1:06AM
MLS# TB8495437
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,568-square-foot duplex property sits on a 0.21-acre corner lot in Sun City Center. The interior features vaulted ceilings, an eat-in kitchen with newer appliances, tile backsplash, substantial cabinetry, and connected living and dining areas. Two private owner suites provide flexible accommodation, with each suite offering a full ensuite bathroom. Three sliding glass doors open toward the backyard, while the covered and screened 26-by-7-foot lanai provides additional outdoor space.
Major updates include the roof in 2015, air conditioning and flooring in 2019, plumbing and bathroom remodeling in 2020, and a water softener in 2023. The property also has central air, electric heat, public sewer, cable availability, a shingle roof, stucco construction, and PD-MU zoning. Community amenities, shopping, dining, and medical services are accessible by golf cart, with Tampa, Sarasota, airports, and Disney also identified as nearby destinations.
Major updates include the roof in 2015, air conditioning and flooring in 2019, plumbing and bathroom remodeling in 2020, and a water softener in 2023. The property also has central air, electric heat, public sewer, cable availability, a shingle roof, stucco construction, and PD-MU zoning. Community amenities, shopping, dining, and medical services are accessible by golf cart, with Tampa, Sarasota, airports, and Disney also identified as nearby destinations.
Key Highlights
- 1,568‑square‑foot duplex property on a 0.21‑acre corner lot
- Two private owner suites, each with a full ensuite bathroom
- Covered and screened 26x7‑foot lanai
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
$18,302
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
6.54%
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%
$366,040
$366.0K
Cap Rate 7%
$261,457
$261.5K
Cap Rate 9%
$203,356
$203.4K
Market Conditions
NOI Build-Up for 1,568 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
$28.0K $17.88/SF
− Vacancy
−$1.9K −$1.21/SF
EGI
$26.1K $16.67/SF
− OpEx
−$7.8K −$5.00/SF
NOI
$18.3K $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 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%
$366,040
Cap Rate 7%
$261,457
Cap Rate 9%
$203,356
Alternative Uses
Best Use
Multifamily LT 5
$261.5K
$228.8K – $305.0K
NOI $18,302 @ 7.0% cap · market cap 6.54%
Second Best
Apartment 5plus
$206.0K
$180.3K – $240.4K
NOI $14,421 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$454.1K
$397.3K – $529.8K
NOI $31,787 @ 7.0% cap · market cap 11.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
Explore this area
Business Placement
Demographics for 33573, FL
30,913
Population
17,168
Households
1.8
Avg Household Size
68
Median Age
34%
College-Educated
94%
High-School Grad
16.8 sq mi
ZIP Area
1,840
Density / Sq Mi
$68,431
Median Household Income
$46,435
Median Earnings
$1,951
Median Rent
$270,600
Median Home Value
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 - Flexible interior includes two private owner suites, each with a full ensuite bathroom, plus an eat-in kitchen and screened lanai.
Where is this duplex located?
The property is located at 319 LINGER Lane Sun City Center, FL.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 1,568‑square‑foot duplex property on a 0.21‑acre corner lot; Two private owner suites, each with a full ensuite bathroom; Covered and screened 26x7‑foot lanai
