Property Description
One or more photo(s) has been virtually staged. Property Title: Charming Income Property with a 7.4% Cap Rate
Description:
This private single-family home is not just a residence but a fantastic income opportunity! Located in a peaceful neighborhood, this one-story, 4-bedroom, 2-full-bathroom gem boasts an open-concept kitchen, dining, and living area combo, along with a spacious 2-car garage. With a strong 7.4% cap rate, this property is perfect for savvy investors looking to diversify their portfolio.
Property Details:
Property Type: Single Family Home
Bedrooms: 4
Bathrooms: 2 (Full)
Stories: 1
Garage: 2-car
Cap Rate: 7.4%
Investment Highlights:
Strong 7.4% cap rate, offering attractive returns.
Open-concept layout for modern living and entertaining.
Well-maintained property with a 2-car garage for convenience.
Ideal for long-term income.
Quiet neighborhood, appealing to tenants.
Close proximity to schools, parks, shopping, and more.
Financial Information:
Current Monthly Rental Income: $2,450
Estimated Monthly Expenses: $500
Net Operating Income (NOI): $24,400
Community: The Creek Preserve community features a resort-style pool and clubhouse, playground, basketball courts, and miles of sidewalk to walk and bike.
Location: Off US-301 and FL-674 easy commute to MacDill, Tampa, St. Petersburg/Clearwater, Ellenton, and Bradenton/Sarasota.
Features
- Heating System:
- Central, Electric
- Cooling System:
- Central Air
- Exterior Features:
- Lighting, Irrigation System, Sidewalk, French Doors, Hurricane Shutters
- Flooring:
- Carpet, Tile
- Interior Features:
- Open Floorplan, Walk-In Closet(s), Living Room/Dining Room Combo, Kitchen/Family Room Combo, Master Bedroom Main Floor, Smart Home
- Sewer:
- Public Sewer
- Utilities:
- Cable Available, Electricity Available, Sewer Available, Water Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Address Map
- Country:
- US
- State:
- FL
- County:
- Hillsborough
- City:
- Wimauma
- Subdivision:
- CREEK PRESERVE PH 1
- Zipcode:
- 33598
- Street:
- LOGAN CAVE
- Street Number:
- 5484
- Street Suffix:
- AVENUE
- Longitude:
- W83° 41' 26.8''
- Latitude:
- N27° 43' 13.9''
- Directions:
- Turn right onto West Lake Dr, Turn right onto Crane Meadow Blvd, Turn right onto Parker River, Turn left on Logan Cave Ave
- Mls Area Major:
- 33598 - Wimauma
- Zoning:
- PD
Additional Information
- Lot Size Dimensions:
- 50x120
- Water Source:
- Public
- Video Url:
- https://youtu.be/v1sijNe4oAk
- On Market Date:
- 2023-11-15
- Number Of Units Total:
- 1
- Levels:
- One
- Garage:
- 2
- Foundation Details:
- Slab
- Construction Materials:
- Stucco, Brick
- Community Features:
- Sidewalks, Clubhouse, Pool, Park, Playground
- Building Size:
- 1885
- Association Amenities:
- Clubhouse,Playground,Pool
Financial
- Association Fee:
- 6.5
- Association Fee Frequency:
- Monthly
- Association Yn:
- 1
- Tax Annual Amount:
- 3941.16
Listing Information
- List Agent Mls Id:
- 281540835
- List Office Mls Id:
- 281527599
- Mls Status:
- Canceled
- Modification Timestamp:
- 2023-11-15T18:15:10Z
- Originating System Name:
- Stellar
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2023-11-15T18:14:13Z
Residential Income For Sale
5484 Logan Cave Avenue, Wimauma, Florida 33598
4 Bedrooms
2 Bathrooms
1,485 Sqft
$335,000
Listing ID #A4587911
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- A4587911
- Price :
- $335,000
- Bedrooms :
- 4
- Bathrooms :
- 2
- Square Footage :
- 1,485 Sqft
- Year Built :
- 2022
- Lot Area :
- 0.14 Acre
- Property Sub Type :
- Duplex
- Roof:
- Shingle
