| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 56th | Fair |
| Demographics | 29th | Poor |
| Amenities | 47th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 13300 Willingham Loop, Dade City, FL, 33525, US |
| Region / Metro | Dade City |
| Year of Construction | 1987 |
| Units | 36 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
13300 Willingham Loop, Dade City 36-Unit Multifamily
Neighborhood indicators point to steady renter demand and a high-cost ownership landscape that supports leasing resilience, according to WDSuite's CRE market data. Investors can prioritize occupancy stability and pragmatic rent management over short-term speculation.
Positioned in an Inner Suburb of the Tampa–St. Petersburg–Clearwater metro, the neighborhood shows improving occupancy over the past five years (neighborhood-level, not property-specific), which supports more predictable lease-up and retention dynamics. Renter-occupied housing represents a meaningful share of units and sits above the metro median, indicating a durable tenant base for multifamily.
Access to essentials is serviceable: grocery presence performs above national midpoints and pharmacies score strongly at the neighborhood level, while restaurants are competitive among metro peers. The area is lighter on parks and cafes, which may limit lifestyle appeal relative to core urban districts but aligns with workforce housing patterns where convenience and value drive decisions.
Within a 3-mile radius, recent population gains and expanding family counts point to a growing renter pool, with forward-looking projections indicating additional population growth and a modest shift toward smaller average household sizes. These dynamics typically support occupancy stability and broaden the prospective tenant base.
The property’s 1987 construction is slightly newer than the neighborhood’s average vintage. That positioning can offer a competitive edge versus older stock while leaving room for targeted renovations or system upgrades to capture value-add upside where feasible.
Home values are elevated relative to local incomes at the neighborhood level (upper national percentiles for value-to-income), which tends to reinforce reliance on multifamily rentals and can aid retention. School ratings trail national averages, so family-oriented demand may be more price- and convenience-sensitive, underscoring the importance of amenity strategy and unit finishes.
Neighborhood safety indicators compare favorably both to the metro and nationally. Violent-offense measures sit in the top quartile nationally, and property-offense measures also trend better than U.S. norms. Recent year-over-year violent-offense readings have improved modestly, suggesting a stable backdrop relative to many peer neighborhoods.
Safety conditions can vary within any neighborhood and over time; investors typically confirm on-the-ground patterns and monitor trajectory against broader Tampa–St. Petersburg–Clearwater benchmarks.
Nearby insurance, financial services, grocery retail, and healthcare employers support a commuter-oriented renter base and can bolster leasing stability for workforce housing.
- MetLife Insurance Company — insurance (19.0 miles)
- Raymond James — financial services (26.2 miles)
- Publix Super Markets — grocery retail (26.3 miles) — HQ
- Wellcare — healthcare services (30.9 miles)
- Wellcare Health Plans — healthcare services (31.0 miles) — HQ
This 36-unit, 1987-vintage multifamily property benefits from a neighborhood with improving occupancy trends (neighborhood-level) and a renter base supported by a high-cost ownership market. Within a 3-mile radius, population growth and projections for further expansion point to a larger tenant pool, while anticipated shifts toward smaller households can support demand for apartments. According to CRE market data from WDSuite, local conditions favor stable renter demand, with room for targeted renovations to enhance competitiveness against older stock.
At the same time, investors should calibrate rent strategy to local incomes and the area’s workforce orientation. Strong pharmacy and grocery access and competitive restaurant density aid livability, while limited parks and low school ratings may cap lifestyle-driven premiums. Overall, the property offers a practical path to durable occupancy with selective value-add potential and disciplined expense planning.
- Neighborhood occupancy has strengthened, supporting leasing stability (neighborhood metric, not property).
- 1987 vintage enables competitive positioning with targeted renovation upside.
- High-cost ownership environment reinforces renter reliance and aids retention.
- 3-mile population growth and smaller projected households expand the renter pool.
- Risks: limited parks/cafes and below-average school ratings may temper premium potential.