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$1,600,000
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Property Description
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 Fully Occupied, 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 Portfolio Purchase 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 returns, and low management friction. Summary: This is a rare, stabilized, turnkey, high-cash-flow MHP in a thriving Florida market with full 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.
Full Property Details
Full Property Details for 5158 C P Keen Rd
General
- Sold For: $1,600,000
- Taxes: $10,100 (2024)
- Status: Closed
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: TB8450237
- Added to Site: 124 day(s) ago
Location
- Area: 33566 - Plant City
- County: Hillsborough
- Development Name: 33566 - Plant City
- Subdivision: UNPLATTED
- Driving Directions: I-4 to Exit 17 for Branch Forbes Rd, go south to CP Keen Rd, turn left to address
Community
- Community Name: 33566 - Plant City
Heating & Cooling
- Cooling Type: Other
Structural Information
- # Buildings: 11
- Exterior Const.: Other
- Square Feet: 2,193
- Living Area: 2,193 Sq. Ft.
- Year Built: 1959
Lot Features
- Lot Size (Acres): 1.88
- Lot Size (Sq. Ft.): 81,893
- Lot Size: 1.88
- Frontage: County Road
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $10,100
- Tax Year: 2024
Disclosures and Reports
- Ownership: Corporation
- Special Conditions: None
- 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
- Flood Zone Info: X
- APN: U262821ZZZ00000372490.0
- Property ID: U262821ZZZ00000372490.0
- Block/Lot/Section: 3
Listed and Sold by Pinnacle Realty Group
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Schools
Schools serving 5158 C P Keen Rd
School District:Hillsborough County School District
| Name | Grades | Distance |
|---|---|---|
Bailey Elementary School 4630 Gallagher Road, Dover, FL 33527 | PK-5 | 3.1 mi |
Tomlin Middle School 501 North Woodrow Wilson Street, Plant City, FL 33563 | 6-8 | 2.4 mi |
Strawberry Crest High School 4691 Gallagher Road, Dover, FL 33527 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5158 C P Keen Rd
Date
Details
Price
Change
Source
3/23/2026
Sold
$1,600,000
-5.88%
MLS
11/21/2025
Listed
$1,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5158 C P Keen Road, Plant City, FL 33566 (MLS# TB8450237) is a Commercial property that was sold at $1,600,000 on March 23, 2026. Want to learn more about 5158 C P Keen Road? Do you have questions about finding other Commercial real estate for sale in Plant City? You can browse all Plant City real estate or contact a Coldwell Banker agent to request more information.

