$1,700,000
5158 C P Keen Road Plant City, FL 33566
For Sale MLS# TB8450237
2,193 sq ft Multi-family
Details for 5158 C P Keen Road
MLS# TB8450237
Description for 5158 C P Keen Road, Plant City, FL, 33566
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 fully 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 high-demand, low vacancy, park is fully rehabbed, stabilized, and built to operate smoothly with consistent cash flow for years. It has 8 Mobile Homes, fully renovated inside and outside, all roofs and floors replaced within the last 5 years; has 1 Large Single-Family Home with 4 Bedrooms/ 2 Bathrooms, and a large, fenced yard, exterior shed, and a brand-new AC unit; and 2 additional Studios. 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 have been fully rehabbed less than 5 years ago with 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! Please 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, and Portfolio expansion option with major discount! A truly hands-off investment that performs from day one.
Listing Information
Property Type: Commercial, Multi Family
Status: Active
Lot Size: 1.88 Acres
Square Feet: 2,193 sq ft
Year Built: 1959
Construction: Other
Construction Display: New Construction
Subdivision: Unplatted
Foundation: Other
County: Hillsborough
Construction Status: New Construction
Utilities
Cooling: Other
Driving Directions
I-4 to Exit 17 for Branch Forbes Rd, go south to CP Keen Rd, turn left to address
Financial Considerations
Tax/Property ID: U-26-28-21-ZZZ-000003-72490.0
Tax Amount: 10100
Tax Year: 2024
A broker reciprocity listing courtesy: PINNACLE REALTY GROUP
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 5158 C P Keen Road
Sales History
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Tax Summary
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Schools
Schools nearby 5158 C P Keen Road
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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