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1810 E PALM AVENUE #5122
Property Overview
Active Listing
1 / 11
11 listing photos · Tap Enlarge for full-size view
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Specs
2
Beds
2
Baths
Interior Living Space (Sq Ft)
1146 sq ft
Lot Size (Sq Ft)
0 sq ft
Year Built
2001
Price/Sq Ft (Living Area)
209$
Price/Sq Ft (Lot Size)
-
Lifestyle
Walk Score
0
Transit Score
20
Neighborhood Vibe
A calculation based on nearby amenity density.
Taxes
%
FY 2025
Tax Year
Annual Tax
$4,986
Assessed Value
$250,753
Last Sale
2014
$110,000
Price History
Zestimate Range
$142k – $342k
+61.2%
since 2016
2016: $142kNow: $228k
Zillow Zestimate history · 121 data points
Safety & Hazards
A
Safety Rating
Based on Crime & Hazards
Crime Rate Index
Very Low
0/100
Flood Risk
Zone X
The property is located in FEMA Zone X, indicating a minimal flood hazard and moderate to low risk. While no specific flooding incidents for 1810 E Palm Avenue have been identified, the broader Tampa Bay area, including parts of downtown Tampa and South Tampa, has experienced significant flooding due to heavy rainfall and tropical storms (e.g., Tropical Storm Idalia in August 2023, and a '100-year' cloudburst in June 2025).
Zumintel Report
EVALUATED FOR: LONG-TERM RENTAL
1810 E PALM AVENUE #5122, Tampa, FL 33605
CONDO•August 3, 2026•MLS #TB8507079
61/100
Rental Score
Executive Summary
Verdict Locked
Based on current list price and market conditions.
Est. Price
$240,000
Square Feet
1,146
Year Built
2001
Configuration
2bd / 2ba
Market Context
- Pricing PositionThe estimated price is below the median sale price for the 33605 zip code, suggesting a potentially competitive offering.
- Liquidity RiskThe 33605 market is becoming more balanced with increasing inventory, offering buyers more options and negotiation leverage.
- NeighborhoodLocated in Ybor City, a vibrant National Historic Landmark District known for its walkable streets, dining, entertainment, and historic architecture, with ongoing transformative development (Gasworx) enhancing connectivity and future value.
- Local MarketMedian Neighborhood Price: $310,000 (-3.1% YoY)Market Velocity: Increasing • Inventory: Balanced • Avg DOM: 72 days
- Investment PotentialEstimated Rent: $2,319/moCap Rate: 7.54% • 5-Year Growth: -14.6%
Location & Commute
- Excellent walkability with direct access to Ybor City's award-winning restaurants, breweries, live music, shopping, and nightlife.
- Convenient transit options via the free TECO Streetcar, connecting to Water Street, Sparkman Wharf, Channel District, Downtown Tampa, Armature Works, and the Tampa Riverwalk.
- Proximity to the Gasworx development is enhancing the neighborhood by linking Ybor City with downtown and the Channel District, contributing to long-term growth.
Payment Calculator
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Assumptions & Methodology
- •STR Data: Nightly yields mapped from regional AVM adjusted comps using a conservative median occupancy baseline. Verified via AI context.
- •Cap Rate: Derived mathematically (Market Adjusted Gross Yield minus standard expense, maintenance, and vacancy ratios).
- •Standard Math: Standard principle and interest amortized over 30-year fixed rates. Taxes and insurance are estimations.
Estimated Monthly Payment
$2,147
Principal & Interest
$1,214Operating Expenses/mo
$934Long-Term Rental Impact
Estimated Payment$2,147
-Projected Rental Income-$2,319
Net Payment Out-of-Pocket$0/mo
The conventional US estimated payment calculation is for informational purposes only. Users are free to make their financial decisions based on their personal economic, ethical and religious belief systems.
Financial Performance
Based on 6.5% rate · 20% down · 30-yr fixedInvestment Analysis Locked
Detailed Cash Flow, Cap Rate, and ROI projections are available for Builder+ plans or by using Top-Up Credits.
Upgrade to Unlock Investment DataComparative Market Analysis
Validate the asking price against recent comparable sales in the area. Includes similarity scoring, price adjustments, and exclusion reasoning.
Strategic Assessment
Key Advantages
- •Strong rental income potential with a high cap rate and gross yield.
- •Prime location in a highly walkable, vibrant historic district with excellent amenities and transit.
- •Recently updated unit with modern finishes, luxury vinyl flooring, and new HVAC, requiring minimal immediate maintenance.
- •Resort-style community amenities, including two pools, a fitness center, clubhouse, and private movie theater, enhance tenant appeal.
Considerations
- •The 33605 zip code has seen a slight decline in typical home values year-over-year.
- •Average days on market in the 33605 zip code are moderately high.
Due Diligence
- •Verify specific HOA rules and rental restrictions, if any, for long-term rentals within The Quarter at Ybor.
- •Investigate any specific building permits or violations for unit #5122 via the Hillsborough County or City of Tampa permitting systems directly, as only general public summary data was available.
10-Year Wealth Outlook
10-Year Wealth Outlook · Pro+
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Verdict Locked
Analyst Verdict
Based on current list price and market conditions.
STRONG BUY
Use-Case Alignment
living
High Match
Short-Term
High Match
Living+STR
Low Match
rental
High Match
House Hack
Low Match
flip
Low Match
Disclaimer: This report is for informational purposes only and does not constitute financial or real estate advice. Zumintel is not liable for any inaccuracies or the condition of the property. Users should conduct their own due diligence.
Definitions & Methodology
Cap Rate (Capitalization Rate)Net Operating Income (NOI) divided by the property asset value. It indicates the potential rate of return on the real estate investment.
Investment ScoreA proprietary composite score (0-100):
- 80-100: Excellent (Strong Cashflow & Potential)
- 60-79: Good (Stable, Moderate Returns)
- 40-59: Fair (Value Add Required)
- <40: Risky (Negative Cashflow/High Risk)
Walk ScoreA measure of walkability based on the distance to nearby amenities. 90-100 is a "Walker's Paradise".
Transit ScoreEstimates how well a location is served by public transport. Calculated based on distance to nearest stops and frequency.
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