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507 W BAKER STREET

Multi-family Recently Sold
$450,000

BTC: 4.63504242

ETH: 145.16129032

Sold on: 2025-03-20
8 days
7 bds
1,882 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Palm Haven Apartments - This is a Great Investment Opportunity - 6 Units total with 5 Units rented, One unit needs rehab when finished allowing this to be a cash Cow, 2 Parcels, just under 1 acre total property - Incredible Income earning potential - this is a Great Location near downtown Plant City with plenty  of road frontage and possible future commercial potential - Low Vacancy historically - Newer Metal Roof - lots of extra parking. it has been zoned residential for lower taxes, Operates approximately 16% PLUS with a  return on investment on standard investment loan, with the  potential of generating more income when the last unit is rehabbed. . 1-efficiency- needs rehab then there are studio units, 2 -1 bedroom/1 bath units, 1 2 bedroom/2 bath, 2 - 2 bedroom/2 bath. 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.  Contact us for more info, these are a good investment and wont last long.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1948
Lot:
0.41 Acres
Heating:
Wall Units / Window Unit
Price/sqft:
$239
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Heating

    • Wall Units / Window Unit

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Range

    • Refrigerator

    Other interior features

    • Primary Bedroom Main Floor

    Bedrooms and bathrooms

    • Bedrooms: 7

  • Property

    • Levels: One

    • Exterior Features: Sidewalk

    Lot

    • Lot: 0.41 Acres

    Other Property Information

    • Parcel Number: P2928225D900002300001.0

    • Zoning: R-1

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Cable Available

    • Cable Connected

    • Electricity Available

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $3,805

  • Source details

    • MLS ID: TB8350263

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Slab

    • Laundry Features: None

    • Patio And Porch Features: Front Porch

    • Living Area: 1882

    • Water Source: Public

    • Lot Size Dimensions: 1 x 1

    • Subdivision Name: PLANT CITY REV MAP

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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: MILLENNIAL REALTY & PROPERTY MGMT.