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$ 1,700,000
Est. payment /mo
New
5158 C P KEEN RD Plant City, FL 33566
2,193 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,193 sqft
Price per Sqft $775
Subdivision Unplatted
MLS Listing ID TB8450237
Construction Status Completed
HOA Y/N No
Year Built 1959
Annual Tax Amount $10,100
Lot Size 1.880 Acres
Acres 1.88
Property Sub-Type Multi Family
Source Stellar MLS
New Construction false
Property Description
Premium Income-Producing Mobile Home Park — Turnkey | 9% CAP | Zero Vacancies | Tampa MSA.
Located in the heart of Plant City, the Winter Strawberry Capital of the World, and just 20 minutes from Downtown Tampa, this exceptionally maintained income powerhouse sits on nearly 2 acres in a FEMA X Flood Zone — meaning no flood insurance required and a perfect long-term hold for any investor seeking stability + cash flow.
This asset has been 100% occupied for 4 straight years, with an immaculate tenancy record and over $200,000/year in gross rents, producing a consistent net of $150,000+ — delivering an impressive 8.8%–9% CAP in one of the fastest-growing markets in Florida.
Asset Mix & Improvements
This park is fully rehabbed, stabilized, and built to operate smoothly for years:
8 Mobile Homes
Fully renovated inside and outside, all roofs and floors replaced within the last 5 years.
1 Large Single-Family Home
4 Bedrooms / 2 Bathrooms
Large, fenced yard
Exterior shed
Brand new AC unit
2 Additional Studios
High-demand, low-vacancy, consistent rent flow.
Major Infrastructure Upgrades (All Done for You)
2 New Septic Systems
Water Filtration System
New rewiring + updated piping (fully to code)
Sheds and storage structures
All units fully rehabbed less than 5 years ago
Zero deferred maintenance
No operational surprises
No flooding EVER (FEMA X Zone)
Financials That Speak for Themselves
Gross Income: Slightly over $200,000 / year
Net Income: ~$150,000 / year
CAP Rate: ~9%
Occupancy: Always 100%
Tenant history: 4+ years stable
This is a turnkey cash-flowing machine in the Tampa metro area — one of the strongest rental markets in the Southeast.
Strategic Location
20 minutes to Downtown Tampa
Easy access to I-4
Strong agricultural employment
Strong demand for affordable housing
Zero vacancy pressure
Perfect for long-term hedge against inflation
Showings & Terms
Feel free to drive by the area to confirm location and surroundings —
BUT DO NOT DISTURB TENANTS.
Interior access to units will be granted only after a firm contract is signed with $50,000 escrow.
Special Offer — Portfolio Discount
A similar Mobile Home Park in Zephyrhills (MLS #TB8450203) is available from the same owner.
Buy both parks together and receive a $100,000 discount.
Excellent opportunity for investors building a multi-park portfolio with instant scale, high yield, and low management friction.
Summary
This is a rare, stabilized, turnkey, high-cash-flow MHP in a thriving Florida market with:
100% occupancy
Zero flood risk
Fully rehabbed units
Low maintenance
Strong net returns
Incredible upside in land value
Portfolio expansion option with major discount
A truly hands-off investment that performs from day one.
Located in the heart of Plant City, the Winter Strawberry Capital of the World, and just 20 minutes from Downtown Tampa, this exceptionally maintained income powerhouse sits on nearly 2 acres in a FEMA X Flood Zone — meaning no flood insurance required and a perfect long-term hold for any investor seeking stability + cash flow.
This asset has been 100% occupied for 4 straight years, with an immaculate tenancy record and over $200,000/year in gross rents, producing a consistent net of $150,000+ — delivering an impressive 8.8%–9% CAP in one of the fastest-growing markets in Florida.
Asset Mix & Improvements
This park is fully rehabbed, stabilized, and built to operate smoothly for years:
8 Mobile Homes
Fully renovated inside and outside, all roofs and floors replaced within the last 5 years.
1 Large Single-Family Home
4 Bedrooms / 2 Bathrooms
Large, fenced yard
Exterior shed
Brand new AC unit
2 Additional Studios
High-demand, low-vacancy, consistent rent flow.
Major Infrastructure Upgrades (All Done for You)
2 New Septic Systems
Water Filtration System
New rewiring + updated piping (fully to code)
Sheds and storage structures
All units fully rehabbed less than 5 years ago
Zero deferred maintenance
No operational surprises
No flooding EVER (FEMA X Zone)
Financials That Speak for Themselves
Gross Income: Slightly over $200,000 / year
Net Income: ~$150,000 / year
CAP Rate: ~9%
Occupancy: Always 100%
Tenant history: 4+ years stable
This is a turnkey cash-flowing machine in the Tampa metro area — one of the strongest rental markets in the Southeast.
Strategic Location
20 minutes to Downtown Tampa
Easy access to I-4
Strong agricultural employment
Strong demand for affordable housing
Zero vacancy pressure
Perfect for long-term hedge against inflation
Showings & Terms
Feel free to drive by the area to confirm location and surroundings —
BUT DO NOT DISTURB TENANTS.
Interior access to units will be granted only after a firm contract is signed with $50,000 escrow.
Special Offer — Portfolio Discount
A similar Mobile Home Park in Zephyrhills (MLS #TB8450203) is available from the same owner.
Buy both parks together and receive a $100,000 discount.
Excellent opportunity for investors building a multi-park portfolio with instant scale, high yield, and low management friction.
Summary
This is a rare, stabilized, turnkey, high-cash-flow MHP in a thriving Florida market with:
100% occupancy
Zero flood risk
Fully rehabbed units
Low maintenance
Strong net returns
Incredible upside in land value
Portfolio expansion option with major discount
A truly hands-off investment that performs from day one.
Location
State FL
County Hillsborough
Community Unplatted
Area 33566 - Plant City
Zoning AS-1
Interior
Cooling Other
Building
Foundation Other
Lot Size Range 1 to less than 2
Structure Type Other
New Construction false
Construction Status Completed
Others
Ownership Corporation
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8450237
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Ameer Lakhani PINNACLE REALTY GROUP
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