10306 NORTHCLIFFE BOULEVARD
About This Property
Imagine: building your wealth with a premium multi-family property in a thriving Florida location. This expansive vacant land, zoned Multi-Family Residential, is perfectly positioned for townhomes, apartments, or a lucrative rental portfolio.
Architecturally Optimized, Ideally Situated:
The property boasts architectural drawings for 3 spacious townhomes, allowing you to hit the ground running on your development goals. But that's just the beginning!
Prime Location on Northcliffe Blvd: Enjoy seamless connectivity to US-19, placing pristine beaches, Tarpon Springs, and the West Coast at your fingertips.
Gateway to Tampa Bay: State Rd 52 offers a quick and convenient commute to the Tampa area via Suncoast Pkwy.
Urban Oasis Awaits: Surround your future tenants with everyday conveniences – golf courses, shopping centers, banks, restaurants, entertainment hubs, hospitals, and doctor's offices are all within easy reach.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 2, 2025 | Sold | ||
| Sold | |||
| May 20, 2025 | In contract | - | |
| In contract | |||
| Apr 8, 2025 | Price Decreased |
$65,000
↓ $4K
(5.8%) | |
| Price Decreased | |||
| Feb 9, 2025 | Price Decreased |
$69,000
↓ $6K
(8%) | |
| Price Decreased | |||
| Sep 11, 2024 | Price Decreased |
$75,000
↓ $5K
(6.3%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Spring Hill
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Currently no similar homes aroundNearby Rentals
$1,650 /mo
- 2 Beds
- 1 Bath
- 1,000 ft²
$1,250 /mo
- 2 Beds
- 1 Bath
- 848 ft²
COLDWELL BANKER REALTY
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# U8245327
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