5158 C P KEEN ROAD
Plant City, FL, 33566 $ 1,700,000
Bedrooms-- Baths-- Sq 2,193 Monthly Estimate*
$ 10,606
for $1,700,000. This 2,193 square foot building was built in 1959 on a lot size of 1.88.
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.
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FeaturesGeneralCooling other
Zoning as-1
Construction Materials other
Year Built 1959
Property Subtype multi family
Tax Year 2024
Ownership corporation
County hillsborough
New Construction no
Property Type commercial sale
HOA N
Subdivision Name unplatted
Status active
Directions i-4 to exit 17 for branch forbes rd go south to cp keen rd turn left to address
City plant city
MLS Area 33566 - plant city
Lot Size Units acres
Lot Size Square Feet 81893
Tax Annual Amount 10100
Property Condition completed
Additional Parcels Y/N no
Virtual Tour https://www.propertypanorama.com/instaview/stellar/tb8450237
Building Area Units square feet
Living Area Units square feet
Standard Status active
Tax Lot 72490
Legal Description s 149 ft of w 1/4 of sw 1/4 of nw 1/4 less rds ---e 100 ft of n 130 ft of s 279 ft of w 1/4 of sw 1/4 of nw 1/4
Water Access Y/N no
Water View Y/N no
Flood Zone Code x
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ExteriorLot Size Area 1.88
Foundation Details other
Number of Buildings 11
Building Area Total 2193
Lot Size Acres 1.88
Road Surface Type paved
Waterfront Y/N no
Road Frontage Type county road
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InteriorAir Conditioning Y/N yes
Total Baths 0
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* Excluded FeaturesList ByPinnacle Realty GroupBroker
Affordability Calculator
- Monthly Principal & Interest
- $10,606
- Monthly Property Taxes
- $842
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Plant City, FL
Average List Price $2,200,677
Percent of Sale Price 29%
About Plant City, FL 37,210 Population
16% Since 2002
$ 44,498 Median Income
35.25 Median Age
36% Households with Children
Trends Information provided by ATTOM Data Solutions.
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/21/2025 | $1,700,000 | | Listed Price |