Gated Residential Income
510 GOLDEN RAINTREE PLACE, Brandon, FL 33510
For Sale
New
$129,900
Residents have access to shared pools, tennis courts, an exercise facility, laundry rooms, and a clubhouse.
Property Size918 SF
Price / SF$141.50
Days on Market5
Property Features for 510 GOLDEN RAINTREE PLACE
General Information
Standard status
Size
Property subtype
Amenities
gated access
pool
exercise facility
laundry facilities
tennis courts
clubhouse
Building Details
Year Built
Listing Agency:
PHILLIP SCOTT MANAGEMENT & INV
(727) 712-6073
Listed By:
Angela Mason · License #3583556
(727) 608-7203
Source:
Dennisrealty
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 5:31AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential income property is part of a gated community in Brandon, Florida. Shared amenities include pool areas, tennis courts, an exercise facility, multiple laundry facilities, and a clubhouse. The community was built in 1985.
Key Highlights
- Gated community in Brandon, Florida
- Shared pool areas, tennis courts, exercise facility, laundry facilities, and clubhouse
- Community built in 1985
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
2,485
Businesses Nearby
Explore this area
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
$274,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/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 shared pools, tennis courts, an exercise facility, laundry rooms, and a clubhouse.
Where is this residential income property located?
The property is located at 510 GOLDEN RAINTREE 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; Shared pool areas, tennis courts, exercise facility, laundry facilities, and clubhouse; Community built in 1985
