1505 N Orange St - Apartments FOR SALE


Plant City, FL 33563
$624,000 USD
813-685-7755
1505 N Orange St, Plant City, FL for Sale
$624,000 USD
Apartments - FOR SALE
1/1
null | 10.17% Cap Rate

1505 N Orange St
Plant City, FL 33563


HIGHLIGHTS

  • Three individually recognized residential homes offered in a single transaction.
  • Situated on two contiguous parcels under one folio.
  • Delivered vacant, allowing immediate implementation of a new investment strategy.
  • Numerous recent interior and exterior improvements completed throughout the property.
  • Flexible ownership opportunity for investors seeking rental, renovation, or long-term hold potential.

OVERVIEW

Cash Flow Opportunity! Three Homes, One Purchase, Endless Potential. This unique investment opportunity consists of three individually recognized single-family residences situated across two contiguous parcels in Plant City, Florida. Offered together under one folio, the property presents a rare chance to acquire multiple residential dwellings in a single transaction while maintaining flexibility for a variety of ownership and investment strategies. The property has a proven history as an income-producing asset and will be delivered vacant at closing, allowing a new owner to establish rental rates, select tenants, implement renovations, or execute a customized investment plan from day one. Whether pursuing long-term rentals, a value-add strategy, or a portfolio expansion opportunity, the vacant delivery creates immediate operational flexibility. The primary residence features three bedrooms and one bathroom with numerous recent improvements, including luxury vinyl flooring, fresh interior paint, updated lighting, painted cabinetry, an updated backsplash, bathroom enhancements, and improvements to the HVAC system and ductwork. The second residence is a one-bedroom, one-bath block home that has been updated with new flooring, kitchen cabinetry, countertops, fixtures, bathroom improvements, fresh paint, and a metal roof. The third residence offers two bedrooms, one bathroom, and a bonus room, with upgrades including vinyl siding, bathroom updates, painted cabinetry, a new water heater, and a renovated front porch. Located in Plant City between Tampa and Lakeland, the property benefits from access to major transportation corridors, local employers, retail services, and community amenities that support ongoing residential demand. Opportunities to acquire three residential homes on contiguous parcels under common ownership are uncommon, making this a compelling offering for investors seeking flexibility, scale, and future income potential.

FOR SALE DETAILS

PRICE

$624,000 USD

PRICE/SF

$240 USD /SF

# OF UNITS

2

PRICE/UNIT

$312,000

CAP RATE

10.17%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1943

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R-1

APN/PARCEL ID

205528-0000,P-20-28-22-5B3-000007-00001.0

ASK ABOUT THIS PROPERTY

Tammy ChanceyReal Broker, LLCMore Info
813-685-7755

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Tammy ChanceyReal Broker, LLCMore Info
813-685-7755

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.