| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Best |
| Demographics | 30th | Poor |
| Amenities | 46th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1001 Fairwinds Cir, Plant City, FL, 33563, US |
| Region / Metro | Plant City |
| Year of Construction | 2001 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1001 Fairwinds Cir, Plant City Multifamily Investment
Neighborhood occupancy remains tight and renter demand is durable, according to WDSuite’s CRE market data, pointing to steady income potential for a well-run asset in Plant City.
Located in an Inner Suburb of the Tampa–St. Petersburg–Clearwater metro, the neighborhood carries a B- rating and demonstrates strong fundamentals for multifamily. Neighborhood occupancy is high and has strengthened in recent years, signaling limited availability and supportive leasing conditions. Housing indicators benchmark in the top quartile nationally, and amenities are competitive among Tampa metro neighborhoods rather than destination-grade.
The property was built in 2001, roughly a decade newer than the neighborhood’s average vintage. Newer stock can be more competitive against older buildings while still benefiting from selective modernization; investors should plan for system updates typical of early-2000s construction to maintain positioning.
Renter-occupied housing concentration in the neighborhood is in the mid-40% range, indicating a meaningful tenant base and depth for leasing. Within a 3-mile radius, population and household counts have increased and are projected to continue growing, which supports a larger tenant base and occupancy stability for multifamily. Median contract rents in the immediate area sit at moderate levels, and a rent-to-income profile near the middle of national peers suggests manageable affordability pressure that can aid retention and reduce turnover risk.
Local livability is serviceable for workforce tenants: grocery access is solid and cafes/restaurants are present, though dedicated parks and pharmacies are limited within the neighborhood footprint. Average school ratings trend below metro leaders, which may matter for family-oriented renters; however, proximity to employment throughout the eastern Tampa corridor helps sustain day-to-day appeal.
Safety trends are mixed when viewed across geographies. Compared to neighborhoods nationwide, overall conditions benchmark in the top quartile, indicating comparatively favorable safety on a national basis. Within the Tampa metro, however, this neighborhood sits on the less-safe side of the spectrum, so prudent operating practices and resident engagement remain important.
Recent year-over-year data show notable declines in both violent and property offenses, according to CRE market data from WDSuite. The direction of change is positive, but investors should underwrite with conservative assumptions and continue monitoring local trendlines against metro averages.
The location draws from a diversified employer base along the I-4 corridor, supporting workforce housing demand and commute convenience for residents. Notable nearby corporate offices include Publix Super Markets, Mosaic, Cardinal Health, MetLife, and Raymond James.
- Publix Super Markets — corporate offices (7.3 miles) — HQ
- Mosaic — corporate offices (13.2 miles)
- Cardinal Health — healthcare distribution offices (15.8 miles)
- MetLife Insurance Company — insurance (17.8 miles)
- Raymond James — financial services offices (24.0 miles)
This 24-unit, early-2000s asset benefits from high neighborhood occupancy, a sizable renter-occupied housing base, and steady household growth within a 3-mile radius. Rents in the area remain moderate relative to incomes, supporting retention and reducing churn risk, while elevated ownership costs in the region reinforce renter reliance on multifamily housing. Based on commercial real estate analysis from WDSuite, the submarket’s stability and improving safety trendlines point to durable leasing conditions.
Built in 2001, the property should compete well versus older nearby stock. Investors can focus on targeted modernization and operational efficiency to capture demand from the eastern Tampa employment corridor, while underwriting conservatively for amenity limitations and school quality considerations within the neighborhood.
- High neighborhood occupancy supports income stability and limits lease-up risk
- 2001 vintage offers competitive position versus older stock with selective value-add potential
- Growing household base within 3 miles expands the local tenant pool over time
- Elevated ownership costs sustain renter demand and aid pricing power management
- Risks: relative safety within the metro, thinner park/pharmacy amenities, and school ratings warrant conservative underwriting