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listing
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Single FamilyFor Sale
$200,000
113 W Lee Street
Plant City, FL 33563
Courtesy of Florida Executive Realty
MLS: Stellar MLS
2Beds
1Bath
1,024Sq Ft
Est. Mortgage
$1,132/mo

This home is part of a package of 23 Single Family rentals all managed by Plant City Rentals. 16 of the homes are on Month to Month leases in anticipation of sale and rent increase, 3 expire early 2023. 3 additional leases expire in the next 3 months. Currently, rents are well undervalued and could go substantially to market demands. For easy management, all properties are contently located in the city limits of downtown Plant City. All properties are on City water/sewer, no HOA’s, CDD’s or special assessments. Plant City, one of Tampa Bays hottest markets, is currently seeing a 2% rise in value monthly. This package includes 5- 2 bed/ 1 baths, 5- 3 bed/ 1 baths, 6- 3 bed/ 2 baths, 1-2 bed/ 2 baths, 1-4 bed/2.5baths, 1- 4 bed/1.5 baths. Currently generating a Gross of $373,500.00 yearly, NOI of $277,302.44 yearly & a 4.6% CAP Rate.

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Listing provided by Florida Executive Realty
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