Active

$700,000

Features:
  • 8 Bedrooms
  • 8 Bathrooms
  • 3336 sq ft
Overview
  • ID: MFRTB8421380
  • Bedrooms: 8
  • Bathrooms: 8
  • Size: 3336 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$700,000
HOA Fee:
N/A
Tax Amount:
$2014.71
Price per SqFt:
$209.83
Tax Legal Description:
PLANT CITY REVISED MAP LOT BEG AT NE COR OF LOT 1 AND RUN WLY 40.5 FT SLY 105 FT ELY 40.5 FT AND NLY 105 FT TO BEG BLOCK 23
Exterior Features
Lot Size:
23522
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
8
Bathrooms:
8
Heating:
Ductless
Cooling:
Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Multi Family
Style:
N/A
Year Built:
1934
Construction Type:
Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    501 W BAKER ST
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