111 S Collins Street, Plant City, FL 33563
Downtown mixed-use building with three leased commercial spaces and five apartments, plus private rear parking.
- Added:
- Jun 21, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 26 at 2:12 am
Property Features for 111 S Collins Street
General Information
- Standard status
- Active
- Size
- 10,154 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1907
Listing office LUXURY ORLANDO REAL ESTATE (407) 705-7634
Listing date Jun 21, 2026
Source Xome
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HighLights
- 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
- Includes a private parking lot to the rear; public parking lot across the street for additional customer parking
Overview
Located on S. Collins Street in Downtown Plant City, the building benefits from on-site private parking in a rear lot that is included with the sale. A public parking lot across the street is also noted, supporting convenient parking for tenants and their customers.
For buyers or operators, the property offers an in-place, multi-tenant setup with both retail and residential income under separate metering. The current tenant and lease structure described in the remarks is designed to shift operating responsibilities for the commercial portion to the respective tenants, while the residential units provide additional occupancy within the same building.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $219.3k | $21.60 |
| − Vacancy | −$17.5k | −$1.73 |
| EGI | $201.8k | $19.87 |
| − OpEx | −$75.7k | −$7.45 |
| NOI | $126.1k | $12.42 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Plant City
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.123123
- Latitude
- 28.0146802
