David Ramirez
Multi Family (5+)

Commercial Sale · Multi Family (5+)

$399,900$529,9004,581 sq ft$87 /sq ft0.25 acres5 units

601 W BAKER ST, PLANT CITY, FL, 33563

Active290 days on marketListed Oct 16, 2025MLS #TB8438674

About this property

The property at a glance

Investor opportunity in downtown Plant City! This 5-unit residential rental property produces a gross annual income of $52,800 with long-term tenants and under-market rents offering strong upside potential. The property sits on a ¼-acre corner lot and features 3,045 sq. ft. of living area with a mixture of unit sizes, each with its own private entrance.All units are equipped with AC wall units and natural gas stoves, keeping utilities low. Additional highlights include a large garage/storage area, low property taxes, and a convenient location just minutes from I-4 and close to shopping and restaurants. The property is not located in a flood zone. Interior photos available upon request. Please do not disturb tenants.

4,581

Building sq ft

$87

Price / sq ft

0.25

Lot acres

1922

Year built

5

Units

1

Building

R-1

Zoning

Multi Family (5+)

Property type

Building size4,581 sq ft
Lot size0.25 acres
Year built1922
Units5
Buildings1
ZoningR-1
ConstructionWood Frame
CoolingWall/Window Unit(s)
HeatingNatural Gas · Wall Units / Window Unit
UtilitiesBB/HS Internet Capable · Water Connected
Annual taxes$4,368

The numbers

Investment snapshot

$79,980

Price / unit

5

Units

Estimated payment (illustrative)

Down payment25% · $99,975
Interest rate6.00%
Loan term

Estimated payment

$2,322/mo

Principal & interest$1,798
Property taxes (actual bill)$364
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

10,500vehicles / day · 2025Cr-39/N Wheeler St to Sr-39/Alexander St · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Herban BoutiqueRetail0.2 mi
B-B factory outletRetail0.3 mi
Clem's Custom MeatsGrocery0.3 mi
Wells FargoBank0.3 mi
Sunshine BankBank0.3 mi
Big Dog's patioRestaurant0.3 mi
City PizzaRestaurant0.3 mi
Top ShelfRestaurant0.3 mi
Mr. Sebas Ice CreamRestaurant0.3 mi
Whistle Stop CaféRestaurant0.3 mi
Par InteiorsRetail0.3 mi
Snellgrove's RestaurantRestaurant0.3 mi
Milly's hot dogsRestaurant0.3 mi
Manatee bay Café & sandwich shopRestaurant0.3 mi
Krazy Cup CaféRestaurant0.3 mi
Blue Thumb Computer repairRetail0.3 mi
Linda's Crab ShackRestaurant0.3 mi
Dejavu BoutiqueRetail0.3 mi
Quality used furnitureRetail0.3 mi
All in a bloom floristRetail0.3 mi
Bailey's hunting, archery, fishing, campingRetail0.4 mi
Claudia's boutiqueRetail0.4 mi
Shoe RepairRetail0.4 mi
Silver Dollar SaloonRestaurant0.4 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

26,313

Population

$56,318

Median income

37.9

Median age

2.62

Avg household

$197,500

Median home value

$1,226/mo

Median rent

2,759

Households w/ kids

Recent sales

What actually sold near 601 W BAKER ST

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

711 N PARK ROAD

$500,000

711 N PARK ROAD

2,966 sqft · $169/sqft · Sold Jun 30, 2025

2004 THONOTOSASSA ROAD UNIT 101

$680,000

2004 THONOTOSASSA ROAD UNIT 101

3,142 sqft · $216/sqft · Sold Aug 26, 2024

1704 S ALEXANDER STREET

$635,000

1704 S ALEXANDER STREET

3,274 sqft · $194/sqft · Sold Sep 20, 2024

Your team

The pros in your corner

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 601 W BAKER ST — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 601 W BAKER ST.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

Goes straight to David’s phone and CRM.

Listing courtesy of REALTY ADVISOR EXPERTS · Mike Griffin. MLS #TB8438674.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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