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    Tampa Townhouse in Sabal Pointe Title is generated by Realmo AI

    4157 KEY THATCH DRIVE, Tampa, FL 33610

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    For Sale
    $245,000

    Two-bedroom townhouse with private patio in a desirable Tampa community.

    Type:Condo/Townhome
    Property size:
    1,240 SF
    Lot size:
    0.03 Acres
    Price / SF:
    $197/SF
    Added:
    Nov 9, 2024
    Days on Market:
    605
    Last Refresh:
    May 20 at 2:27 am

    Property Features for 4157 KEY THATCH DRIVE

    General Information

    Standard status
    Active
    Size
    1,240 SF
    Lot size
    0.03 Acres
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    2006

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    Deborah Cavaliere

    Listing office PREMIER PROPERTY SOLUTIONS

    Listing date Nov 9, 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 PREMIER PROPERTY SOLUTIONS

    HighLights

    • Highly sought‑after, quiet community of Sabal Pointe.
    • Convenient location: 5 minutes to I75 and close to I4 for easy access to Tampa, Orlando, and the airport.
    • Private screened‑in patio for enjoying Florida living.
    • Community pool for relaxation and recreation.
    • Spacious kitchen with wood cabinetry.
    • Pet‑friendly community with low HOA fees.

    Overview

    This townhouse, located in the Sabal Pointe community of Tampa, Florida, features two bedrooms and 2.5 bathrooms. The property offers a spacious kitchen with wood cabinetry and an open floor plan. From the living room, residents can access a screened-in private patio. The upper level has a split floor plan with two bedrooms, two full bathrooms, and a laundry closet. Community amenities include a pool. The property is located within 5 minutes of I75 and close to I4, providing access to Brandon, downtown Tampa, Orlando, the International airport, shopping, and dining. The community is pet-friendly and has a low HOA. The property size is 1240 square feet.

    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 $24.7k $19.92
    − Vacancy −$1.8k −$1.41
    EGI $22.9k $18.51
    − OpEx −$10.3k −$8.33
    NOI $12.6k $10.18
    1,240 SF · lease $19.92/SF/yr · vacancy 7.10% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $180.3K
    $157.8K – $210.4K (±1% cap)
    NOI $12,621 @ 7.0% cap · market cap 5.15%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $286.0K
    $250.3K – $333.7K (±1% cap)
    NOI $20,020 @ 7.0% cap · market cap 8.17%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Hair Salon Dental Office Nursing Home Discount Store Clothing & Fashion Store Cosmetic Store (Bike/Boat/Book/etc) Store Wine and Liquor Store (Bike/Boat/Book/etc) Store Shopping Center & Mall

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

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.3374984
    Latitude
    27.9833602

    FAQs

    What type of property is this?
    Residential income property - Two-bedroom townhouse with private patio in a desirable Tampa community.
    Where is this residential income property located?
    The property is located at 4157 KEY THATCH DRIVE Tampa, FL.
    What is the asking price?
    The asking price for this property is $245,000.
    What are key features of this property?
    This property features: Highly sought‑after, quiet community of Sabal Pointe.; Convenient location: 5 minutes to I75 and close to I4 for easy access to Tampa, Orlando, and the airport.; Private screened‑in patio for enjoying Florida living.
    More about this property
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