Two-Unit
New
For Sale
$300,000
9416 Greystone Rd, Thonotosassa, FL 33592
Two separate residences offer matching layouts, with no HOA or CDD obligations.
Property Size1,296 SF
Lot Size0.16 Acres
Price / SF$231.48
Days on Market5
Property Features for 9416 Greystone Rd
General Information
Standard status
Active
Size
1,296 SF
Lot size
0.16 Acres
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Year Built
1971
Listing Agency:
Keller Williams South Tampa
(813) 875-3700
Listed By:
Client Concierge
(941) 822-0708
Source:
Dwellingwell
Added: Oct 7
Changed: Oct 11
Last Checked: Oct 11 at 6:59AM
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 Keller Williams South Tampa
Investment Insights
Based on property information with market context.
This duplex contains two residences, each configured with two bedrooms and one bathroom. The building measures 1,296 square feet, was built in 1971, and occupies an approximately 0.16-acre parcel. The property has no HOA or CDD.
In Thonotosassa, the property offers access to I-75 and is positioned within reach of USF, Busch Gardens, Seminole Hard Rock, shopping, dining, and major employment centers.
In Thonotosassa, the property offers access to I-75 and is positioned within reach of USF, Busch Gardens, Seminole Hard Rock, shopping, dining, and major employment centers.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,296 square feet of building area
- Approximately 0.16‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,127
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,540
$302.5K
Cap Rate 7%
$216,100
$216.1K
Cap Rate 9%
$168,078
$168.1K
Market Conditions
NOI Build-Up for 1,296 SF
Gross rent
$23.2K $17.88/SF
− Vacancy
−$1.6K −$1.21/SF
EGI
$21.6K $16.67/SF
− OpEx
−$6.5K −$5.00/SF
NOI
$15.1K $11.67/SF
Area
Hillsborough County, FL
Vacancy
6.74%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,540
Cap Rate 7%
$216,100
Cap Rate 9%
$168,078
Alternative Uses
Best Use
Multifamily LT 5
$216.1K
$189.1K – $252.1K
NOI $15,127 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$170.3K
$149.0K – $198.7K
NOI $11,919 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$375.3K
$328.4K – $437.9K
NOI $26,273 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
104
Businesses Nearby
Explore this area
Business Placement
Demographics for 33592, FL
11,885
Population
4,944
Households
2.4
Avg Household Size
42
Median Age
26%
College-Educated
81%
High-School Grad
53.1 sq mi
ZIP Area
224
Density / Sq Mi
$65,683
Median Household Income
$37,391
Median Earnings
$1,134
Median Rent
$247,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer matching layouts, with no HOA or CDD obligations.
Where is this duplex located?
The property is located at 9416 Greystone Rd Thonotosassa, 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: Two residences, each with 2 bedrooms and 1 bathroom; 1,296 square feet of building area; Approximately 0.16‑acre lot
