904 N Kingsway Rd, Seffner, FL 33584
Updated residential community with full occupancy, a tenant waitlist, and established operating history.
Property Features for 904 N Kingsway Rd
General Information
Additional Details
Amenities
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Investment Insights
Based on property information with market context.
Renovations and maintenance completed during the last 3–5 years include flooring, kitchen appliances, windows, central AC work, roofs, electrical panels, pest treatments, fencing, mailboxes, and tree removal. Interior and exterior paint was completed on 33 of 44 units. The 14-unit community uses septic systems, with all drain fields replaced in 2025. The additional 30 units include 21 septic systems and 9 well systems, and tenants are responsible for utilities at those locations.
An in-place cap rate of over 10% and 13% cash-on-cash return are reported, with projected cash-on-cash returns of 15% in 2026 and 16% in 2027. Existing management, in place since 2021, may remain after closing.
Key Highlights
- 14‑unit stand‑alone gated community plus 30 additional units within a 3‑mile radius
- 100% occupied with a tenant waitlist and more than half of tenants on month‑to‑month leases
- 33 of 44 units received new interior and exterior paint within the last 3–5 years
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 33584, FL
Market
Vacancy Rate% for Multifamily in South region