| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 66th | Best |
| Demographics | 58th | Good |
| Amenities | 58th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1212 Askew Dr, Brandon, FL, 33511, US |
| Region / Metro | Brandon |
| Year of Construction | 1986 |
| Units | 88 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1212 Askew Dr Brandon Suburban Multifamily Investment
Neighborhood occupancy trends sit in the mid-90s with a sizable renter base, according to WDSuite’s CRE market data, pointing to durable leasing fundamentals in Brandon’s inner-suburban setting.
Brandon’s inner-suburban location offers daily convenience that supports renter retention. Neighborhood restaurant density is strong relative to the metro, and grocery and pharmacy access track above typical suburban levels, while parks and cafés are thinner. For investors, this mix suggests everyday needs are well covered even if recreational and third-place amenities are more limited.
At the neighborhood level, occupancy is above the metro median and competitive among Tampa–St. Petersburg–Clearwater neighborhoods, a signal of stable demand rather than a lease-up story. Median contract rents in the area have risen over the last five years, and the local rent-to-income profile indicates manageable affordability pressure, which can support pricing power with prudent lease management.
Renter concentration is high, with roughly two-thirds of housing units renter-occupied in the neighborhood. For multifamily owners, this depth of renter demand provides a wider tenant pool and helps support occupancy stability through cycles.
Demographic statistics aggregated within a 3-mile radius show modest recent population gains and a clear increase in households, with forecasts pointing to continued growth through 2028. This implies a larger tenant base over time and potential for sustained absorption as more households enter the area. These trends, combined with an A- neighborhood rating that sits above the metro median, frame Brandon as a steady performer for multifamily property research.
Safety indicators are mixed. The neighborhood ranks around the middle of the pack among 710 Tampa–St. Petersburg–Clearwater neighborhoods, and national comparisons place it below the median for safety. However, recent data point to a year-over-year improvement in violent offense trends, suggesting gradual normalization rather than deterioration.
For investors, this context argues for routine security and lighting best practices, but it does not suggest outsized safety risk relative to many inner-suburban peers in the region.
Proximity to major corporate offices underpins commuter convenience and helps support renter demand from diversified white-collar and healthcare-adjacent employers, including Cardinal Health, MetLife, Wellcare, Raymond James, and Wellcare Health Plans.
- Cardinal Health — corporate offices (4.9 miles)
- MetLife Insurance Company — corporate offices (14.3 miles)
- Wellcare — corporate offices (16.6 miles)
- Raymond James — corporate offices (16.7 miles)
- Wellcare Health Plans — corporate offices (16.7 miles) — HQ
This 88-unit asset benefits from a high-share renter neighborhood, steady occupancy above the metro median, and a service-oriented amenity base that supports daily living. Within a 3-mile radius, households have been increasing and are projected to expand further through 2028, pointing to a larger tenant base and support for long-run leasing stability.
According to CRE market data from WDSuite, neighborhood occupancy ranks in the top tier locally and rent levels have moved upward over the past five years, while ownership costs remain moderate for the region. That combination supports demand resilience, though it also implies some competition from entry-level ownership and the need to manage affordability to sustain retention.
- Above-median neighborhood occupancy and strong renter concentration support stable leasing
- 3-mile household growth and projected expansion through 2028 broaden the local renter pool
- Everyday amenities (grocery, pharmacy, dining) support retention and leasing velocity
- Pricing power potential with measured affordability management
- Risks: below-median national safety metrics and some competition from entry-level ownership