Duplex with Golf Course
New
For Sale
$234,900
604 MCDANIEL Street, Sun City Center, FL 33573
Residential, SUN CITY CENTER, FL
Property Size2,105 SF
Lot Size0.06 Acres
Price / SF$111.59
Days on Market5
Property Features for 604 MCDANIEL Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
PD
Bedrooms
2
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 3, Bathroom 1, Laundry Room, Bedroom 2, Bedroom 1
Patio and Porch features
Porch, Deck
Pets allowed
Yes
Interior features
Ceiling Fans(s)
Exterior features
Sprinkler Metered
Appliances
Dishwasher, Disposal, Microwave, Range, Refrigerator
Subdivision
MANCHESTER I CONDO PH A
Lot features
Level, Paved
View
Golf Course
Directions
Continue east on FL-674 toward Sun City Center. Turn left onto Kings Blvd. Proceed through the visitor gate into the community. Turn right onto McDaniel St. Continue to 604 McDaniel St - the property will be on your left
Special listing conditions
In Foreclosure, Real Estate Owned
Standard status
Active
APN
U-14-32-19-1ZP-000000-00004.0
Size
2,105 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
MANCHESTER 1 CONDOMINIUM PHASE A UNIT 4
Tax Annual Amount
5563
Legal Description
MANCHESTER 1 CONDOMINIUM PHASE A UNIT 4
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
Two full clubhouses
Auditorium
Bistro restaurant
Multiple pools & a full fitness center
Pickleball courts
Library & arts center
Clubs, classes, and events galore
Building Details
Year built
1990
Floors in Building
2
Flooring type
Carpet, Laminate
Building materials
Block, Stucco
Roof type
Shingle
Architectural style
Other
Listing Agency:
KELLER WILLIAMS REALTY
(863) 577-1234
Listed By:
Chad Karr · License #3124399
(863) 860-3620
Added: Aug 24
Changed: Aug 25
Last Checked: Aug 28 at 9:06PM
MLS# L4964511
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 PD-zoned duplex in Kings Point presents 2,105 square feet of residential space on a 0.06-acre lot. The two-bedroom, three-bath layout includes an upstairs loft, open living areas, storage, a second-floor back porch, deck, central heating and cooling, and ceiling fans. The home was built in 1990 and features block and stucco construction, carpet and laminate flooring, a shingle roof, public water, and public sewer. Kitchen appliances include a dishwasher, disposal, microwave, range, and refrigerator.
The property is located in Sun City Center within a 55+ golf-cart community. Kings Point offers two clubhouses, an auditorium, bistro restaurant, multiple pools, fitness center, pickleball courts, library, arts center, clubs, classes, and community events. The residence overlooks the golf course and includes a porch positioned for golf-course views.
The property is located in Sun City Center within a 55+ golf-cart community. Kings Point offers two clubhouses, an auditorium, bistro restaurant, multiple pools, fitness center, pickleball courts, library, arts center, clubs, classes, and community events. The residence overlooks the golf course and includes a porch positioned for golf-course views.
Key Highlights
- 2,105‑square‑foot duplex on a 0.06‑acre lot
- Two‑bedroom, three‑bath layout with an upstairs loft
- Second‑floor back porch and deck overlook the golf course
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
$19,360
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
8.24%
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%
$387,200
$387.2K
Cap Rate 7%
$276,571
$276.6K
Cap Rate 9%
$215,111
$215.1K
Market Conditions
NOI Build-Up for 2,105 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
$37.9K $18.00/SF
− Vacancy
−$2.7K −$1.28/SF
EGI
$35.2K $16.72/SF
− OpEx
−$15.8K −$7.52/SF
NOI
$19.4K $9.20/SF
Area
Hillsborough County, FL
Vacancy
7.10%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
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%
$387,200
Cap Rate 7%
$276,571
Cap Rate 9%
$215,111
Alternative Uses
Best Use
Multifamily LT 5
$351.0K
$307.1K – $409.5K
NOI $24,570 @ 7.0% cap · market cap 10.46%
Second Best
Apartment 5plus
$276.6K
$242.0K – $322.7K
NOI $19,360 @ 7.0% cap · market cap 8.24%
Theoretical Best
Office A
$609.6K
$533.4K – $711.2K
NOI $42,674 @ 7.0% cap · market cap 18.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
46
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 - Two-level residence in Kings Point with an open interior, expansive porch, and access to extensive community amenities.
Where is this duplex located?
The property is located at 604 MCDANIEL Street Sun City Center, FL.
What is the asking price?
The asking price for this property is $234,900.
What are key features of this property?
This property features: 2,105‑square‑foot duplex on a 0.06‑acre lot; Two‑bedroom, three‑bath layout with an upstairs loft; Second‑floor back porch and deck overlook the golf course
