See Home Value
$698,103*
Multifamily - Off Market

507 W BAKER STREET

PLANT CITY, FL 33563
bedrooms
Studio
bathrooms
0 Bath
square feet
1882 Sqft
$427,000 - $521,000
Reference Base Price*
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

Palm Haven Apartments - Great Investment Opportunity - 6 Units, 2 Parcels, just under 1 acre total property - Incredible Income potential - Great Location near downtown Plant City with lots of road frontage and future commercial potential - Minimal Vacancy historically - New Metal Roof - extra parking.  Zoned residential for lower taxes, $2402 combined/year.  Operates approximately 16% return on investment on standard investment loan, 10% return on cash investment with current operation process - potential of generating more income.  1-efficiency studio units, 2 -1 bedroom/1 bath units, 1 2 bedroom/2 bath, 2 - 2 bedroom/2 bath.  These are older , need a little cosmetic work but also 100% occupied currently in current condition.  2 units have been completely remodeled within last 12 months.  Rent includes electric and water for all tenants, on city water, sewer and dumpster service for trash. For more financial information, please have pre-approval or bank statement submitted. Serious inquiries only for private tours to minimize tenant disruption. Contact us for more info, these are a good investment and wont last long.

The manager has listed the unit size as 1882 square feet.
Unit Size
1,882Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$252
Property Type
Multifamily
Property Taxes
$1,633
HOA Dues
-
Year Built
1948

Price History

Date / Event Date Event Price
Mar 11, 2020 Sold to Gary Komenaka $275,000
Sold to Gary Komenaka
Jun 29, 2019 No longer available -
No longer available
May 23, 2019 Price Decreased $474,900
↓ $24K (4.8%)
Price Decreased
Feb 9, 2019 Listed $499,000
Listed

Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191113
11/13/2019
Studio
-
1882 ft²
$274,900
bedrooms
Studio
bathrooms
-
square feet
1882 ft²
-
-
-
-
20190209
02/09/2019
Studio
-
1882 ft²
$499,000
bedrooms
Studio
bathrooms
-
square feet
1882 ft²
-
-
-
-

Building Info

507 West Baker Street 507 West Baker Street, Plant City, FL 33563
More about this Building
507 West Baker Street
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About Improvement League of Plant City


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Nearby Rentals

Unit for rent at

$1,529 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,100 ft²
Listing by Manager
Unit for rent at

$1,495 /mo

  • 2 Beds
  • 2 Baths
  • 988 ft²
Listing by Manager


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