503 W Baker Street, Plant City, FL 33563

$659,000
  • 503 W Baker Street, Plant City, FL 33563 Main Photo

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Active
BEDS8 BATHS SQUARE FEET3,336 MLS#TB8421380
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPLANT CITY REV MAP

Property Description

Palm Haven Apartments is a 6-unit multifamily property located in Plant City, Hillsborough County, Florida. Built between 1934 and 1948, the property spans 3,336 square feet across 0.51 acres, offering investors a turnkey asset with recent capital improvements and strong income potential. The unit mix includes 2 two-bedroom, two-bath units, 3 one-bedroom, one-bath units, and a single studio unit, appealing to a wide range of tenant needs. Four out of the six units were completely renovated, featuring updated finishes that enhance their rental appeal. The buildings are constructed with wood frame exterior walls and topped with durable metal roofs. The exterior of the property was recently painted and repaired, and landscaping was redone, providing excellent curb appeal. Additionally, the roofs were pressure washed, contributing to a clean, well-cared-for presentation. Each unit is equipped with window AC units for cost-effective climate control. Utilities include sub-metered electric paid by tenants, while the landlord covers city water, sewer, and trash services, simplifying management. The large lot offers ample parking and green space for residents, making this a truly turnkey investment opportunity.

503 W Baker Street | MLS# TB8421380

This multi-family property located at 503 W Baker Street, Plant City, FL 33563 is currently listed for sale with an asking price of $659,000. Search Plant City real estate on www.floridaexecutiverealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Ductless
Lot Size: 0.46 Acres
Roof Type: Shingle
Taxes: $2,014
Year Built: 1934

Amenities

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Other

Feature Descriptions

Annual Net Income: 50301.00
Days on Site: 205
Directions: Take W Baker St west bound. Property will be on the left.
Exterior: Frame
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.46
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sewer: Public Sewer
Showing Instructions: Appointment Only, Do Not Contact Tenants, See Remarks
Special Sale Provisions: None
Units: 6
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: R-1

Listed By / Shown By

Listed By

Agency Name: FLORIDA REALTY INVESTMENTS
Agency Contact: 407-207-2220

Shown By

Agency Title: Florida Executive Realty
Agency Phone: 813.908.8500

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Estimated Payment

$ 1,826.69 per month $1,466.65 Principal & Interest $167.83 Property Tax $192.21 Homeowner's Insurance

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