One-Bedroom Residential
New
For Sale
$110,000
8519 ISLAND BREEZE LANE #101, Temple Terrace, FL 33637
A gated-community residence combines private storage and washer-dryer hookups with access to shared recreational amenities.
Property Size746 SF
Price / SF$147.45
Days on Market4
Property Features for 8519 ISLAND BREEZE LANE #101
General Information
Standard status
Active
Size
746 SF
Property subtype
Condo - Hotel
Occupancy
100%
Financials
Gross Income
$16,320
Average Monthly Rent
$1,360
HOA Fee
$324
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Tenant in Place
Yes
Amenities
pool
hot tub
fitness center
clubhouse
tennis courts
beach volleyball
car wash station
washer/dryer hookups
1 acre, City Limits, Near Public Transit, Sidewalk, Paved
Tile
Public Sewer
Additional parcels description:, Parcel Number: T-12-28-19-957-000004-08912.0, Public Survey Range: 19, Public Survey Section: 12, Annual Amount: $1,813.79, Tax Block: 000004, Tax Book Number: 1/1, Legal Description: THE FALLS AT NEW TAMPA A CONDOMINIUM UNIT 8912 BLDG 4 AND AN UNDIV INT IN COMMON ELEMENTS, Lot: 1, Year: 2025, Zoning: RMFA
Carpet, Laminate
Central Air
Central, Electric
Electric Dryer Hookup, Washer Hookup
Listing ID: MFRTB8559102, Standard Status: Active, MLS Status: Active, Property Subtype: Condo - Hotel, On market as of 2026-10-23, Special Conditions: None
Elementary School: Thonotosassa-HB, Middle School: Jennings-HB, High School: Armwood-HB
Blinds
1 total bedroom
Built in 1995, Living area: 746, Living area units: Square Feet, Building faces South, 2 stories, Levels: One, Construction Materials: Block, Stucco
Subdivision: FALLS AT NEW TAMPA CONDO, MLS Area (Major): 33637 - Tampa / Temple Terrace, County/Parish: Hillsborough
1 total bathroom, 1 full bathroom
Fitness Center, Pool
BB/HS Internet Available, Cable Available, Electricity Connected, Public, Water Source: Public
Slab
Allowed: Yes
Road Surface: Asphalt
Patio/Porch Features: Deck, Patio, Porch
Living Room/Dining Room Combo
Smoke Detector(s)
Dishwasher, Disposal, Electric Water Heater, Range, Refrigerator
Association Fee: $324, Fee Frequency: Monthly, Fee Includes: Pool, Maintenance Structure, Maintenance Grounds, Amenities: Fitness Center, Spa/Hot Tub
Building Details
Year Built
1995
Listing Agency:
CHARLES RUTENBERG REALTY INC
(727) 538-9200
Listed By:
Sean Tennant · License #3634755
(727) 251-4106
Source:
Miharaandassociates
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 25 at 2:35AM
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 CHARLES RUTENBERG REALTY INC
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Investment Insights
Based on property information with market context.
This 746-square-foot condo has 1 bedroom and 1 bathroom, along with a large storage room, generous bedroom closet space, and a fully equipped kitchen. Washer and dryer hookups are provided. Built in 1995, the unit is leased through September 2027.
The gated community is near Fletcher Avenue, I-75, USF, and Moffitt Cancer Center. Shared facilities include two pools, a hot tub, fitness center, clubhouse, tennis courts, beach volleyball, and a car wash station.
The gated community is near Fletcher Avenue, I-75, USF, and Moffitt Cancer Center. Shared facilities include two pools, a hot tub, fitness center, clubhouse, tennis courts, beach volleyball, and a car wash station.
Key Highlights
- 746‑square‑foot condo with 1 bedroom and 1 bathroom
- Leased through September 2027
- Community amenities include two pools, a hot tub, fitness center, clubhouse, tennis courts, beach volleyball, and a car wash station
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,861
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$137,220
$137.2K
Cap Rate 7%
$98,014
$98.0K
Cap Rate 9%
$76,233
$76.2K
Market Conditions
NOI Build-Up for 746 SF
Gross rent
$13.4K $18.00/SF
− Vacancy
−$953 −$1.28/SF
EGI
$12.5K $16.72/SF
− OpEx
−$5.6K −$7.52/SF
NOI
$6.9K $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 Rate 5%
$137,220
Cap Rate 7%
$98,014
Cap Rate 9%
$76,233
Alternative Uses
Best Use
Apartment 5plus
$98.0K
$85.8K – $114.4K
NOI $6,861 @ 7.0% cap · market cap 6.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$216.0K
$189.0K – $252.1K
NOI $15,123 @ 7.0% cap · market cap 13.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
1
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
894
Businesses Nearby
Explore this area
Business Placement
Demographics for 33637, FL
18,070
Population
8,402
Households
2.2
Avg Household Size
34
Median Age
35%
College-Educated
91%
High-School Grad
7.8 sq mi
ZIP Area
2,317
Density / Sq Mi
$60,526
Median Household Income
$40,997
Median Earnings
$1,531
Median Rent
$213,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - A gated-community residence combines private storage and washer-dryer hookups with access to shared recreational amenities.
Where is this residential income property located?
The property is located at 8519 ISLAND BREEZE LANE #101 Temple Terrace, FL.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: 746‑square‑foot condo with 1 bedroom and 1 bathroom; Leased through September 2027; Community amenities include two pools, a hot tub, fitness center, clubhouse, tennis courts, beach volleyball, and a car wash station
