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Grand Key First Floor Unit

4207 S DALE MABRY HIGHWAY 4105 Tampa, FL 33611

4207 S DALE MABRY HIGHWAY 4105, Tampa, FL, 33611
$300,000
Pending
For Sale
$300,000
Pending

Well-maintained, two-bedroom condo with amenities in a gated community.

Property Size1,116 SF
Days on Market557

Property Features for 4207 S DALE MABRY HIGHWAY 4105

General Information

Standard status
Pending
Size
1,116 SF
Property subtype
Condo/Townhome

Building Details

Year Built
2001
Listing agency FUTURE HOME REALTY INC
Listed by Lynne Hajj · License #3238733
Source Exitrealty
Added: Jan 10, 2025 Updated: Jul 6 at 12:21PM Checked: Jul 21 at 5:51AM

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 FUTURE HOME REALTY INC


Investment Insights

Based on property information with market context.

Located within the gated luxury condominium community of Grand Key, this well-maintained first-floor unit features a split-bedroom concept with two bedrooms and two bathrooms. The main living area is enhanced by laminate flooring, extending into the kitchen and bathrooms. The kitchen is equipped with a range, refrigerator, microwave, and dishwasher, with a full-size washer and dryer in the adjacent laundry room. A screened balcony provides year-round enjoyment and includes a large, private storage unit. The unit comes with one reserved parking space located in front of the building, with guest parking available nearby. The Homeowner's Association (HOA) fees are low and include access to a clubhouse, basketball court, fitness center, and a resort-style pool. The property is situated in close proximity to shopping, grocery stores, and theaters. The unit has a total size of 1116 square feet.

Key Highlights

  • First‑floor unit in a gated luxury condominium community.
  • Split‑bedroom floor plan with two bedrooms and two bathrooms.
  • Low HOA fees with access to clubhouse, basketball court, fitness center, and resort‑style pool.

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 $23.7k $21.24
− Vacancy −$1.7k −$1.51
EGI $22.0k $19.73
− OpEx −$9.9k −$8.88
NOI $12.1k $10.85
1,116 SF · lease $21.24/SF/yr · vacancy 7.10% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$173.0K
$151.4K – $201.9K (±1% cap)
NOI $12,111 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$260.0K
$227.5K – $303.3K (±1% cap)
NOI $18,200 @ 7.0% cap · market cap 6.07%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Teenage Counseling Counselor Beqi Webflow Agency Marketing & Advertising Dacor Repair Home Appliance Store Legit Mobile Detailing Car Wash Grand Key Condominiums Condominium Complex

Suggested Use

Daycare Center Food Market Computer & Electronic Repair Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Bakery Real Estate Agency (Bike/Boat/Book/etc) Store Plumbing Service

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

FAQs

What type of property is this?
Residential income property - Well-maintained, two-bedroom condo with amenities in a gated community.
Where is this residential income property located?
The property is located at 4207 S DALE MABRY HIGHWAY 4105 Tampa, FL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: First‑floor unit in a gated luxury condominium community.; Split‑bedroom floor plan with two bedrooms and two bathrooms.; Low HOA fees with access to clubhouse, basketball court, fitness center, and resort‑style pool.
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