3811 S FRONTAGE RD, Plant City, FL 33566

$3,007,000

Est. payment /mo

$1,300,000

131.3%
Est.Price: ?

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3811 S FRONTAGE RD Plant City, FL 33566

3.81 Acres Lot

SOLD DATE : 12/20/2021

Key Details

Sold Price $3,007,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Unplatted

MLS Listing ID L4926152

Sold Date 12/20/21

Construction Status Completed

HOA Y/N No

Year Built 1983

Annual Tax Amount $8,569

Lot Size 3.810 Acres

Acres 3.81

Property Sub-Type Multi-Family

Source Stellar MLS

Property Description

Extraordinarily well maintained, well managed and clean 18 unit mobile home park in Plant City on the Hillsborough and Polk County border. (Applications under way to add 5 more units to the park) Rents currently under market, but there are several long-term tenants. 12 x 3/2's and 6 x 2/2's. Park could realize an additional $4,100 per month in rents. All units are park owned at 100% occupancy. The park is on well and septic Rent roll and expenses available.
The Sellers and their attorney are currently in talks with the county to add an additional 5 units in the rear of the park, as a result of some units being taken when the county widened Frontage Road.
This property is turnkey, with no known major deferred maintenance and is managed by the property owner.
Excellent location near County Line and I-4, with quick access to the Polk Parkway.
Property owner has two other contiguous parcels available at yet undecided prices. 12.5 acres split into parcels of approx 1 acre and 11.5 acres. The 1 acre parcel is likely to be a commercial designation, and property owner currently applying for multi family usage on the remaining acreage. More details available on request.
SELLER HAS ANOTHER PARK FOR SALE AT 1615 HALL RD, PLANT CITY FL.

Location

State FL

County Hillsborough

Community Unplatted

Area 33566 - Plant City

Zoning PD

Interior

Cooling Central Air, Wall/Window Unit(s)

Exterior

Parking Features Common

View Y/N No

Water Access No

Roof Type Metal

Building

Foundation Crawlspace

Lot Size Range 2 to less than 5

Structure Type Metal Frame

New Construction false

Construction Status Completed

Others

Ownership Sole Proprietor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Magda Whelton And Michelle Whelton

Magda Whelton And Michelle Whelton

+1(941) 408-4047

Our team is ready to help you sell your home for the highest possible price ASAP


Stellar MLS
Listed by Craig Morby COLDWELL BANKER REALTY
Bought with Craig Morby COLDWELL BANKER REALTY

NEARBY SCHOOLS & BUSINESSES

Magda Whelton And Michelle Whelton

Magda Whelton And Michelle Whelton

Advisor | License ID: SL3226366

+1(941) 408-4047

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