Contact Julie Ann Ludovico
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111 Collins Street111 Collins Street Listing photo id 0 for 111 Collins Street Listing photo id 1 for 111 Collins Street Listing photo id 2 for 111 Collins Street Listing photo id 3 for 111 Collins Street Listing photo id 4 for 111 Collins Street Listing photo id 5 for 111 Collins Street
  • MLS#: S5147763 ( Commercial Sale )
  • Street Address: 111 Collins Street
  • Viewed: 10
  • Price: $2,250,000
  • Price sqft: $222
  • Waterfront: No
  • Year Built: 1907
  • Bldg sqft: 10154
  • Days On Market: 4
  • Additional Information
  • Geolocation: 28.0146 / -82.1233
  • County: HILLSBOROUGH
  • City: PLANT CITY
  • Zipcode: 33563
  • Provided by: LUXURY ORLANDO REAL ESTATE
  • Contact: Anthony Giuffrida, PA
  • 407-705-7634
  • mfrmls
  • DMCA Notice
  • Description
    Trophy Property Great Investment Property on the corner of S. Collins St. in Downtown Plant City. The property has 8 tenants (3 commercial tenants downstairs and 5 aparments upstairs). The 5 apartments consist of 2 Two Bedroom Units and 3 1 Bedroom Units. The 3 tenants downstairs are all on Triple Net NNN Leases paying their share of property taxes, their own maintenance, and utilities. New TPO Roof 3 years ago. Each tenant has their own power meter. $100k in upgrades over the past 3 years. This mixed use building currently generates $13,127/month and $187,368/ annually making it a handsome 5.89% CAP return with no work needed. Profit Day 1!!! Schedule to view this property before it is gone! Private parking lot to the rear included in the sale. Public parking lot across the street assures tenants that their customers will always have plenty of parking.
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Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Electric
  1. 200+ Amp Service
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 0.00
Legal Description
  1. FLORIDA RAILWAY AND NAVIGATION COMPANY'S ADDITION WEDGE LOT 4 TOGETHER WITH WEDGE LOT 5 LESS S 36.54 FT OF E 10 FT AND E 17.5 FT OF WEDGE LOT 6
Living Area
  1. 10154.00
Area Major
  1. 33563 - Plant City
Net Operating Income
  1. 0.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. P-29-28-22-5DF-000000-00004.0
Parking Features
  1. Ground Level
  2. Shared Parking
Possession
  1. Close Of Escrow
Property Condition
  1. Completed
Property Type
  1. Commercial Sale
Road Frontage Type
  1. Alley
  2. Business District
  3. City Street
  4. Main Throrughfare
  5. Turn Lanes
Roof
  1. Membrane
Sewer
  1. Public Sewer
Tax Year
  1. 2025
Township
  1. 28
Utilities
  1. BB/HS Internet Capable
  2. Electricity Available
  3. Phone Available
Views
  1. 10
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/S5147763
Water Source
  1. Public
Year Built
  1. 1907
Zoning Code
  1. C-1