507 BAKER, PLANT CITY, FL 33563

$450,000

Beds: 7

Baths: N/A Full

Sq. Ft.: 1,882 Sq. Ft.

Year Built: 1948

Lot Size: 0.41 Acres

Garage: N/A

Pool: No

DOM: 8

Property Overview

Status: Closed

Property Type: Residential Income

MLS #: f7458d1b40d4ea2f6f6b94e076ec1eee

Subdivision: PLANT CITY REV MAP

County: Hillsborough

HOA Fee: N/A

Year Built: 1948

Construction: Wood Frame

Foundation: Slab

Roof: Metal

Cooling: Wall/Window Unit(s)

Heating: Wall Units / Window Unit

Sewer: Public Sewer

Water Source: Public

Zoning: R-1

Tax Amount: $3,805.00 (2025)

Date Sold: Mar 20, 2025

Sold Price: $450,000

Listed On: Feb 13, 2025

Description

Palm Haven Apartments - This is a Great Investment Opportunity - 6 Units total with 5 Units rented, One unit needs rehab when finished allowing this to be a cash Cow, 2 Parcels, just under 1 acre total property - Incredible Income earning potential - this is a Great Location near downtown Plant City with plenty  of road frontage and possible future commercial potential - Low Vacancy historically - Newer Metal Roof - lots of extra parking. it has been zoned residential for lower taxes, Operates approximately 16% PLUS with a  return on investment on standard investment loan, with the  potential of generating more income when the last unit is rehabbed. . 1-efficiency- needs rehab then there are studio units, 2 -1 bedroom/1 bath units, 1 2 bedroom/2 bath, 2 - 2 bedroom/2 bath. Rent includes electric and water for all tenants, on city water, sewer and dumpster service for trash. For more financial information, please have pre-approval or bank statement submitted.  Contact us for more info, these are a good investment and wont last long.

Exterior Features

Sidewalk

Directions

Travel from Hwy 39 - go east on Baker (one way street), Palm Haven on left

School Information

Elementary: Wilson Elementary School-HB

Middle: Tomlin-HB

High: Plant City-HB

Location

Get Directions View on Google Maps

Mortgage Estimator

*Estimate includes Principal & Interest (P&I) only. It does not include taxes, insurance, HOA fees, or PMI. Rates and payments may vary. Consult a lender for accurate figures.

Listing Information

Provided Courtesy of:

MILLENNIAL REALTY & PROPERTY MGMT.

Listing Agent: Michael Zick

Information is deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: February 15, 2026, 9:12 am UTC

MLS Source: Stellar MLS Copyright © 2026

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