www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
26516589
26516590

501 W Baker St, Plant City, FL 33563

TU
FL SL3470017
The Apartment Brokers
JP
FL SL3252472
The Apartment Brokers
Listed by The Apartment Brokers
$649,000
288 days on market
Updated 17 days ago

Palm Haven Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,336
Units 6
Cap Rate 7.75%
NOI $50,301
Year Built 1948
Year Renovated 2025
Buildings 3
Acreage 0.510

6 Units in Plant City, FL | Renovated Units

Marketing description

The Apartment Brokers proudly present Palm Haven Apartments, 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.

Investment highlights

  • Diverse Unit Mix: Includes two 2-bed/2-bath units, three 1-bed/1-bath units, and one studio, attracting a broad tenant base.

  • Renovated Interiors: Four of the six units have been completely renovated, offering modern finishes and immediate rental appeal for a turnkey investment.

  • Recent Exterior Upgrades: Fresh exterior paint, new landscaping, and pressure-washed roofs boost curb appeal and reduce future maintenance.

  • Durable Construction: Built with wood frame walls and metal roofs.

  • Utilities Setup: Electricity is sub-metered and paid by tenants.

  • Prime location in Plant City, just a short drive to both Tampa and Lakeland, offering convenient access to major employment hubs, shopping, and entertainment.

Listing Contacts

TU
FL SL3470017
The Apartment Brokers
JP
FL SL3252472
The Apartment Brokers
Listed by The Apartment Brokers

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$50,301.00
$4,191.75/mo

Valuation Metrics

0
DSCR
7.75%
Cap Rate
7.75%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Tito Urbano
License
SL3470017
Brokerage
Florida Realty Investments
Brokerage Phone
(407) 207-2220
Title
Sales Associate
Brokerage Address
Parking lot
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591