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5236 SUNRIDGE PALMS DRIVE UNIT 5236

Condo/Co-op For Sale
$229,000

BTC: 2.65353418

ETH: 86.41509434

2 days
3 bds
2 ba
1,192 sqft

Overview

Prime USF Investment Opportunity | 3 Bedrooms | 2.5 Baths | Renovated | Leased Through August 2027 Excellent investment opportunity located directly across from the University of South Florida! This beautifully renovated 3-bedroom, 2.5-bath condo offers a highly desirable roommate-friendly floor plan and is currently leased through August 2027, with the tenant paying $2,100 per month. The first floor features a spacious, open-concept living and dining area with a beautifully updated kitchen, creating a comfortable and functional space for entertaining or everyday living. A convenient half bath is also located on the first floor. Modern upgrades include a WiFi-enabled thermostat and keyless entry, providing added convenience and easy maintenance. Upstairs, you will find three spacious bedrooms, including a large primary suite with a walk-in closet and private en-suite bath. The additional two bedrooms share a second full bathroom, making this layout ideal for roommates, students, or a variety of living arrangements. Balconies off the bedrooms provide additional outdoor space.Additional features include a large utility room with extra storage, a dedicated laundry area, and sliding glass doors from the main living area that open to the exterior and community pool, creating a seamless indoor-outdoor living experience.Major updates include a new roof and new air conditioner, adding value and peace of mind for the next owner. Situated just steps from USF and close to shopping, restaurants, entertainment, and public transportation, this property offers an excellent location for both investors and owner-occupants. With a current tenant and lease in place through August 2027, this is an opportunity worth seeing!Call today to schedule your private showing.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1998
Lot:
0.01 Acres
Heating:
Central / Electric
Price/sqft:
$192
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$199,700
$139K – $236K
Confidence Low
List vs. estimate
$29K above estimate
List $229,000 · +14.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$192
-16.6% vs. city median $230
Based on
28 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,802
2026
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Freezer

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • L Dining

    • Open Floorplan

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 2

  • Property

    • Levels: Two

    • Exterior Features: Balcony / Irrigation System / Lighting / Sliding Doors

    Lot

    • Lot: 0.01 Acres

    Other Property Information

    • Parcel Number: U10281992Z01220900303.0

    • Zoning: SPI-UC-3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Electricity Available

  • Other financial information

    • HOA Frequency: Monthly

    • Annual tax amount: $2,803

  • Source details

    • MLS ID: TB8549409

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Direction Faces: Northwest

    • Living Area: 1192

    • Water Source: Public

    • Subdivision Name: SUNRIDGE OF TAMPA BAY A CONDOM

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: EXIT BAYSHORE REALTY