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$449,900

For Sale - Active
1680 Hazy Sea Dr, Plant City, FL 33565
5 Beds
3 Baths
2,522 Square Feet
0.24 Acres Lot
Built in 2023
For Sale - Active
1 Units
Checked: 14 hours ago
Updated: Jul 23, 2025 at 04:48AM

Investment Summary


Monthly Cash Flow
-$1,101
Cap Rate
3.2%
Cash-on-Cash Return
-12.8%
Debt Coverage Ratio
0.52
Internal Rate of Return (5 years)
-8.4%

Property Description


0.24 Acres Lot
Built in 2023
For Sale - Active
1 Units

We're excited to announce a **$10,000 price reduction** on this exceptional home in a sought-after area! Welcome to North Park Isle, a new community of homes in the center of Plant City, FL. This meticulous home features five spacious bedrooms and three full bathrooms, making it an ideal choice for families or those who enjoy entertaining. Enjoy the convenience of an upstairs loft that can serve as a game room, home office, or cozy retreat. With a two-car garage and located on a peaceful cul-de-sac with no backyard neighbors, you’ll experience ultimate privacy and tranquility in your oasis. As you step inside, you will immediately notice the attention to detail and high-quality finishes throughout. The kitchen boasts beautiful shaker-style cabinets, granite countertops, and stainless-steel appliances, making it a chef's dream. The LED lighting adds a modern touch and creates a warm ambiance. Discover the ultimate in modern living features, including a whole-house solar panel system, a Tesla charging station, and an entire house water softener system. What’s truly remarkable is that the solar panel system is included at no extra cost, allowing you to save thousands of dollars each year on your energy bills. Embrace sustainable living while enhancing your comfort and convenience! This community boasts resort-style amenities designed for relaxation and recreation. Residents can enjoy a pickleball court, basketball court, playground, and a sparkling pool with a cabana. For outdoor enthusiasts, a kayak launch provides access to one of the community’s larger lakes. Less then one mile from the local hospital and supermarket. Positioned between Lakeland, Tampa, and Orlando. Don’t miss out on this rare opportunity to own a home that’s not only eco-friendly but also budget-friendly.

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Location


Property Details


Parking

  • Description: Garage
  • Details: Attached
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 5

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Total): 3.0

Interior Features

  • # of Rooms: 8
  • # of Stories: 2

Exterior Features

  • Exterior Walls Materials: Stucco
  • Foundation: Slab
  • Roof Type: Gable or Hip
  • Roof Material: Shingle

HOA

  • Has HOA: Yes
  • Association: Meritus Corp/ Heather Dilley
  • HOA Fee: $9/monthly

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: P152822D0E000000000270
  • Lot Size: 10265 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 2023

Tax Information

  • Annual Tax: $8,624

Utilities

  • Water & Sewer: Public
  • Heating: Central, Electric
  • Cooling: Central Air

Location

  • County: Hillsborough

Listing Details


Listed by:
Ricky Santana
FLORIDA REALTY
(813) 995-1889

Source:
Stellar MLS
MLS#: TB8394455
Stellar MLS

Investment Summary


Monthly Cash Flow
-$1,101
Cap Rate
3.2%
Cash-on-Cash Return
-12.8%
Debt Coverage Ratio
0.52
Internal Rate of Return (5 years)
-8.4%

Purchase Details

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Purchase price:
$449,900
Amount financed:
-$359,920
Down payment:
$89,980
Closing costs:
$13,497
Rehab costs:
$0
Initial cash invested:
$103,477
Square feet:
2,522
Cost per square foot:
$178
Monthly rent per square foot:
$1.11

Financing Details

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Loan amount:
$359,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$2,305
Property tax:
$719
Insurance:
$196
Private mortgage insurance (PMI):
$0
Monthly payment:
$3,220

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,800 $33,600
Vacancy loss: (6%)
6% -$168 -$2,016
Operating income:
$2,632 $31,584

Operating Expenses


% Rent Monthly Yearly
Property taxes: (26%)
26%-$719-$8,624
Insurance: (7%)
7%-$196-$2,352
Property management: (8%)
8%-$224-$2,688
Repairs & maintenance: (5%)
5%-$140-$1,680
Capital expenditures: (5%)
5%-$140-$1,680
HOA fees: (0%)
0%-$9-$108
Total operating expenses: (51%)
51%-$1,428-$17,132

Cash Flow


Monthly Yearly
Net operating income:
$1,204 $14,448
Mortgage payments:
-$2,305 -$27,660
Cash flow:
$1,101 $13,212