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3708 Sand Pebble Dr Valrico, FL 33596

3 Beds 2 Baths 1,620 sqft Built 1982

$299,900

List Price

$1,640

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 12, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1982
  • Price/Sqft : $185.12
  • 3 Days on Market
  • MLS # : T3295400
  • Updated Date : 03/13/2021 at 01:00
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,620 sqft
  • Baths : 2 full
Listing Agent

Real Living Casa Fina Realty

Listing Agent's Description

Conveniently located in the highly desirable Bloomingdale area of Valrico, this 3 bedroom 2 bathroom pool home has been gorgeously upgraded and beautifully maintained. The granite and wood kitchen features an eat in bar, and opens up to the spacious dining and living areas. This bright and open floorplan welcomes you in and showcases the sunny beauty of the Florida sunshine. Enjoy the beautiful upgraded laminate flooring throughout the living room and formal dining room with tile in the kitchen, eat in dining, and bathrooms. Master bathroom has dual sinks and a large closet for your needs. Built for all seasons, this house has both a hot tub and pool in a fully enclosed screen lanai for the summer and a warm and cozy fireplace for the chillier days. Range and pool pump were replaced about a year ago, water heater is only a few months old, and pool was resurfaced in 2020. Make it yours now!

SEE MORE

MARKET HIGHLIGHTS

  • Headquarters to several Fortune 1000 companies: Publix Super Markets, Tech Data, Jabil Circuit, WellCare Health Plans, Raymond James Financial, Bloomin’ Brands, HSN, and TECO Energy (Fortune, 2018)
  • #8 in America's Fastest Growing Cities (Forbes, 2018)
  • Tampa metro employment growth is at 2.6% and predicted to grow at 2.1% in 2019 (USMayors.org, 2018)
  • One of the best cost-friendly American cities to do business (KPMG)
  • Tampa metro contributes to 15.4% of Florida state economy i.e. Gross State Product (USMayors.org, 2018)
  • #2 in Homebuilding Prospects #10 in Overall Real Estate Prospects (Emerging Trends in Real Estate 2019, PWC)
  • 2nd Best City for Young Entrepreneurs (Forbes)
  • Florida state ranks 4th most favorable in the country in State Business Tax Climate Index (Tax Foundation, 2019). Tampa inherits the rank being part of Florida.
  • Tampa's economy is worth over $156 billion in Gross Metro Product and projected to grow to $165 billion in 2019 (USMayors.org, 2018)

PRICE & RENT TRENDS

Neighborhood: Bloomingdale

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320k340kPrice in $91k343k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Bloomingdale

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700180019002000Rent in $9052007

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Alafia Elementary School Primary Regular 579 44 8
Burns Middle School Middle Regular 1,255 75 7
Bloomingdale High School High Regular 2,191 118 6

Alafia Elementary School

  • Education Level: Primary
  • # of students: 579
  • # of teachers: 44
8
GreatSchools Rating

Burns Middle School

  • Education Level: Middle
  • # of students: 1,255
  • # of teachers: 75
7
GreatSchools Rating

Bloomingdale High School

  • Education Level: High
  • # of students: 2,191
  • # of teachers: 118
6
GreatSchools Rating
 

$269,910$329,890$299,900

PURCHASE PRICE

$1,476$1,804$1,640

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,640
EXPENSES Loan Payment -$1,042
Property Tax -$395
Property Insurance -$130
HOA -$3
Property Management Fees -$129
CASH FLOW
-$59

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 13% of earned rent to cover both maintenance and periods of vacancy.

$299,900

PROJECTED PRICE

$1,640

PROJECTED RENT

0.55%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.27%
Appreciation Year (1-5) 6.0%
Maintenance Year (1-5) 8.00%
Vacancy 5.26%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$85,224

INVESTMENT

$85,224

Down Payment
$74,975
Rehab Estimate
$5,750
Closing Costs
$4,499

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,042

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $74,975
Loan Amount $224,925
See What Happens When You Reinvest Cash Flow

5.33

YEARS SAVED

$16,743

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,640

    LIST RENT
  • $1.01

    LIST RENT PER SQFT
  • $1,661

    COMP ESTIMATED VALUE
  • $1.03

    COMP AVG. RENT PER SQFT
Comps Range
$1,635
1$1,6352$1,6403$1,6994$1,8455$1,850
$1,850
RENT COMPS ANALYSIS
  • 3708 Sand Pebble Dr Valrico, FL 2
    • 3 beds 2 baths ∙ 1,620 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,620 Sqft ∙ Built 1982
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,640
    • $1.01
    •  
  • 718 Fortuna Dr Brandon, FL 1
    • 4 beds 2 baths ∙ 1,692 Sqft ∙ Built 1983 4 beds 2 baths ∙ 1,692 Sqft ∙ Built 1983
    property image
    LEASED 05/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,635
    • $0.97
    •  
  • 607 Fieldstone Dr Brandon, FL 3
    • 3 beds 2 baths ∙ 1,674 Sqft ∙ Built 1984 3 beds 2 baths ∙ 1,674 Sqft ∙ Built 1984
    property image
    LEASED 01/18/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,699
    • $1.01
    •  
  • 3702 Greenford St Valrico, FL 4
    • 4 beds 3 baths ∙ 1,793 Sqft ∙ Built 1981 4 beds 3 baths ∙ 1,793 Sqft ∙ Built 1981
    property image
    LEASED 07/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,845
    • $1.03
    •  
  • 3708 Greenford St Valrico, FL 5
    • 3 beds 2 baths ∙ 1,700 Sqft ∙ Built 1980 3 beds 2 baths ∙ 1,700 Sqft ∙ Built 1980
    property image
    LEASED 03/11/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $1.09
    •  
PROPERTY LISTING DETAILS
Nadia Tenouri
1.813.704.3132
Real Living Casa Fina Realty
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3295400
Last Updated: 03/13/2021
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