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111 Collins Street
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PRICED AT ONLY: $2,250,000

Address: 111 Collins Street, PLANT CITY, FL 33563

Description

Trophy Property Great Investment Property on the corner of S. Collins St. in Downtown Plant City. The property has 8 tenants (3 commercial tenants downstairs and 5 aparments upstairs). The 5 apartments consist of 2 Two Bedroom Units and 3 1 Bedroom Units. The 3 tenants downstairs are all on Triple Net NNN Leases paying their share of property taxes, their own maintenance, and utilities. New TPO Roof 3 years ago. Each tenant has their own power meter. $100k in upgrades over the past 3 years. This mixed use building currently generates $13,127/month and $187,368/ annually making it a handsome 5.89% CAP return with no work needed. Profit Day 1!!! Schedule to view this property before it is gone! Private parking lot to the rear included in the sale. Public parking lot across the street assures tenants that their customers will always have plenty of parking.

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  • MLS#: S5147763 ( Commercial Sale )
  • Street Address: 111 Collins Street
  • Viewed: 2
  • Price: $2,250,000
  • Price sqft: $222
  • Waterfront: No
  • Year Built: 1907
  • Bldg sqft: 10154
  • Days On Market: 3
  • Additional Information
  • Geolocation: 28.0146 / -82.1233
  • County: HILLSBOROUGH
  • City: PLANT CITY
  • Zipcode: 33563
  • Provided by: LUXURY ORLANDO REAL ESTATE
  • Contact: Anthony Giuffrida, PA
  • 407-705-7634
  • mfrmls
  • DMCA Notice

Description

Trophy Property Great Investment Property on the corner of S. Collins St. in Downtown Plant City. The property has 8 tenants (3 commercial tenants downstairs and 5 aparments upstairs). The 5 apartments consist of 2 Two Bedroom Units and 3 1 Bedroom Units. The 3 tenants downstairs are all on Triple Net NNN Leases paying their share of property taxes, their own maintenance, and utilities. New TPO Roof 3 years ago. Each tenant has their own power meter. $100k in upgrades over the past 3 years. This mixed use building currently generates $13,127/month and $187,368/ annually making it a handsome 5.89% CAP return with no work needed. Profit Day 1!!! Schedule to view this property before it is gone! Private parking lot to the rear included in the sale. Public parking lot across the street assures tenants that their customers will always have plenty of parking.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 10154.00
  • Roof: Membrane
Property Information
  • Property Condition: Completed
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Ground Level, Shared Parking
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Central
  • Road Frontage Type: Alley, Business District, City Street, Main Throrughfare, Turn Lanes
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Capable, Electricity Available, Phone Available
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Country: US
  • Legal Description: FLORIDA RAILWAY AND NAVIGATION COMPANY'S ADDITION WEDGE LOT 4 TOGETHER WITH WEDGE LOT 5 LESS S 36.54 FT OF E 10 FT AND E 17.5 FT OF WEDGE LOT 6
  • Area Major: 33563 - Plant City
  • Occupant Type: Tenant
  • Parcel Number: P-29-28-22-5DF-000000-00004.0
  • Possession: Close Of Escrow
  • Zoning Code: C-1
Nearby Subdivisions
Allen Smiths Add   Lincoln Park South   Plant City Rev Map   Unplatted   Walden Woods  
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Details for 2295 Us Highway 92 E, PLANT CITY, FL 33563
$2,200,000.00 ($141.61 / sqft )

2295 Us Highway 92 E More Like This

Dont Miss This Rare Opportunity! A high visibility and high traffic location on US Highway 92 East in Plant City with exceptional exposure. This is one of the largest parcels available along this cor

  1. Request Information
  1. Approx. 15536 sqft
  2. Approx. 4.28 acres
  1. MLSID: L4958860
  2. Provided by NUWAVE REALTY
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