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    Plant City Multifamily Investment Opportunity
    Updated: Apr 24
    Plant City Multifamily Investment Opportunity

    601 W BAKER ST, Plant City, FL 33563

    $399,900
    3,045 sqft 0.25 AC lot
    Strong income potential: Gross annual income of $52,800 with under‑market rents.
    Multi‑unit property: Features 5 residential units, each with a private entrance.
    Convenient location: Minutes from I‑4 and close to shopping and restaurants.
    Low expenses: Equipped with AC wall units and natural gas stoves for low utility costs; low property taxes.
    Additional storage: Includes a large garage/storage area.
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    This listing looks promising.

    Here's a quick look at some key insights for

    601 W BAKER ST, Plant City, FL 33563

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    • Est. Cap Rate

      7%
      Above avg (5.9%)

    • Est. NOI

      $28K
      Annual

    • Price @ 7% Cap

      $400K
      Above asking

    • Property Type

      Single Family Residence
      Built 1922
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    Corner Mixed-Use Building with Parking
    Updated: Jun 19
    Corner Mixed-Use Building with Parking

    111 S Collins Street, Plant City, FL 33563

    $2,000,000
    10,154 sqft
    Downtown mixed‑use building on the corner of S. Collins St., featuring 3 commercial spaces downstairs and 5 apartments upstairs
    8 total tenants: 3 commercial tenants on Triple Net NNN leases plus 5 apartments (two 2‑bedroom units and three 1‑bedroom units)
    Commercial tenants on Triple Net NNN leases pay their share of property taxes, maintenance, and utilities
    New TPO roof installed 3 years ago; $100k in upgrades completed over the past 3 years
    Each tenant has its own power meter; central air listed for cooling
    View details
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Plant City, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    12-Unit Apartment Building
    12-Unit Apartment Building

    915 E Palmetto Street, Lakeland, FL 33801

    $1,390,000
    8,348 sqft

    Renovated 12-unit apartment building with on-site laundry and a courtyard.

    View details
    Under-Construction Build-to-Rent Duplex Community
    Under-Construction Build-to-Rent Duplex Community

    6925 E 21st Avenue, Tampa, FL 33619

    $6,500,000
    22,380 sqft

    Gated build-to-rent community under construction, featuring duplex homes with three bedrooms and two full baths each.

    View details
    Multifamily Development Opportunity in Lakeland
    Multifamily Development Opportunity in Lakeland

    1205 NEVILLE Ave, Lakeland, FL 33805

    $2,500,000
    3.53 AC lot

    Pre-construction multifamily development package with entitlements in place.

    View details
    Buildable Riverfront Property
    Buildable Riverfront Property

    6214 E Sligh Ave, Tampa, FL 33617

    $1,499,000

    Approved buildable riverfront site on the Hillsborough River, offering a clear path toward new development.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Waterfront Multifamily Land Parcel
    Waterfront Multifamily Land Parcel

    141 104TH Avenue, Treasure Island, FL 33706

    $2,225,000
    0.34 AC lot

    Waterfront residential lot on a canal with multifamily zoning allowing up to five units.

    View details
    Ocean Springs Highway 90 Land
    Ocean Springs Highway 90 Land

    Bienville Blvd, Ocean Springs, MS 39564

    $675,000
    143,748 sqft 3.30 AC lot

    3.3 acre commercial land on Highway 90, Ocean Springs.

    View details
    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Off-Market Properties in Plant City, FL

    Consider similar Off-Market properties in Plant City, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    103 Mahoney St
    HIGH-RISE APARTMENTS

    103 Mahoney St, Plant City, FL 33563-3358

    $5,200,000
    Estimated value
    59,036 sqft 0.33 AC lot
    View details
    1400 Strawberry Pl
    APARTMENT HOUSE (UNDER 5 UNITS)

    1400 Strawberry Pl, Plant City, FL 33563-6876

    $620,000
    Estimated value
    3,456 sqft 3.80 AC lot
    View details

    Plant City, FL Apartment Buildings Market Trends and Statistics

    Explore 4 apartment buildings for sale in Plant City, FL on our real estate platform. These investment opportunities span a total of 13,199 square feet of properties for sale, with an estimated market value of $2,399,900.

    Sale prices for two-family homes in Plant City, FL start at $399,900, averaging $1,199,950, and reaching up to $2,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 80K
    Population Growth (5Y) +2.9%
    Median Household Income $67,688
    College Educated 23.2%

    High-Yield Neighborhoods for Investment

    Identify Plant City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    33566 $679K
    33563 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.68%
    Property Tax per SF $45.83 per SF
    Tax Rate vs County Average 0.07 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hillsborough County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Hillsborough County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Plant City fall within the 25,000 to 50,000 square foot range.

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