$3,007,000
$1,300,000
131.3%For more information regarding the value of a property, please contact us for a free consultation.
3811 S FRONTAGE RD Plant City, FL 33566
3.81 Acres Lot
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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