| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 50th | Poor |
| Demographics | 33rd | Poor |
| Amenities | 36th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 9567 Sunbelt St, Tampa, FL, 33635, US |
| Region / Metro | Tampa |
| Year of Construction | 2012 |
| Units | 24 |
| Transaction Date | 2006-06-06 |
| Transaction Price | $1,785,000 |
| Buyer | CAMDEN USA INC |
| Seller | LNR REALTY CORP |
9567 Sunbelt St Tampa 24-Unit Multifamily
Neighborhood occupancy trends sit around the national midpoint, supporting steady renter demand in this inner-suburban Tampa node, according to WDSuite’s CRE market data. Newer vintage relative to local stock positions the asset for competitive leasing without immediate, large-scale repositioning.
This inner-suburban location in Tampa offers everyday convenience anchored by strong pharmacy and grocery access relative to national norms, while restaurant options are moderately represented. Parks and cafes are limited in the immediate neighborhood, so on-site amenities and curated resident services can help drive retention and leasing velocity.
The property’s 2012 construction is newer than the neighborhood’s average vintage (2001), which generally supports competitive positioning against older stock and may temper near-term capital needs; investors should still plan for system updates typical of assets entering their second decade.
Within a 3-mile radius, population and household counts have expanded over the past five years, with projections indicating additional household growth and slightly smaller household sizes. This pattern typically broadens the tenant base and supports occupancy stability for well-managed multifamily properties.
Tenure patterns within 3 miles show a meaningful share of housing units are renter-occupied, indicating depth in the local renter pool. Median asking rents in the neighborhood rank in the top quintile nationally, signaling pricing power for quality units, while overall occupancy is near the national midpoint—an alignment that favors disciplined lease management and product differentiation.
School ratings in the neighborhood score below national averages, which can modestly constrain appeal for family-driven demand; however, proximity to employment centers and daily-needs retail remains a primary draw for working households. Household incomes track near the national middle, with an above-median share of residents holding bachelor’s degrees, supporting demand for professionally managed communities.
Based on WDSuite neighborhood data, overall crime levels are competitive among Tampa–St. Petersburg–Clearwater neighborhoods (ranked 244 out of 710), tracking near the national midpoint. Property crime indicators sit close to national medians, while violent-offense metrics trend somewhat below the national median but have improved year over year.
Investors should monitor neighborhood-level trends rather than block-level variation; the recent decline in estimated violent-offense rates suggests gradual improvement, but maintaining lighting, access control, and visible management remains important for resident confidence and lease retention.
Nearby corporate nodes provide a broad professional employment base that supports renter demand and commute convenience, led by Wellcare Health Plans, Raymond James, Tech Data, Raymond James Financial, and Jabil Circuit.
- Wellcare Health Plans — healthcare services (2.8 miles) — HQ
- Raymond James — financial services (7.0 miles)
- Tech Data — technology distribution (10.3 miles) — HQ
- Raymond James Financial — financial services (10.8 miles) — HQ
- Jabil Circuit — electronics manufacturing (11.6 miles) — HQ
This 24-unit asset combines a 2012 vintage with inner-suburban fundamentals that support consistent leasing. Neighborhood occupancy trends are around the national midpoint, while median asking rents benchmark in the top quintile nationally—an attractive pairing for operators focused on renewals and selective rent trade-outs. According to CRE market data from WDSuite, safety metrics are broadly in line with national norms and have shown recent improvement on violent categories.
Strategically, the newer construction relative to local stock supports competitive positioning versus older assets, with potential to capture demand via targeted upgrades rather than full-scale repositioning. Within a 3-mile radius, population and household growth—along with projections for further household expansion—point to a larger tenant base, though elevated rent-to-income dynamics call for disciplined renewal strategies to support retention.
- 2012 construction offers competitive positioning versus older neighborhood stock, with manageable modernization scope.
- Top-quintile neighborhood rent benchmarks with occupancy near the national midpoint support pricing power for well-managed units.
- 3-mile population and household growth expands the tenant base and supports leasing stability.
- Risks: elevated rent-to-income ratios and below-average school ratings warrant careful renewal strategies and marketing focus.