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$350,000

For Sale - Active
2812 Tom Brewer Ln, Plant City, FL 33566
3 Beds
2 Baths
1,376 Square Feet
1.13 Acres Lot
Built in 1944
For Sale - Active
1 Units
Checked: 14 hours ago
Updated: Jul 25, 2025 at 09:28AM

Investment Summary


Monthly Cash Flow
-$450
Cap Rate
4.6%
Cash-on-Cash Return
-6.7%
Debt Coverage Ratio
0.75
Internal Rate of Return (5 years)
-2.5%

Property Description


1.13 Acres Lot
Built in 1944
For Sale - Active
1 Units

A Hidden Gem on Spacious Acreage! Nestled on a peaceful, tree-lined lane in the heart of Plant City, this exceptional property offers the perfect blend of country charm and modern amenities. Situated on 1.31 acres of lush, beautifully landscaped land. Enjoy room to grow with acres of usable land, perfect for agriculture, horses, RV parking, or simply enjoying your own slice of paradise. This property features a storage shed as well as a permitted barn/workshop with plenty of electrical amperage making it ideal for hobbyists or it could be easily converted to a guest suite or studio space. This fully fenced 3 bedroom 2 bathroom home also has a laundry room that can be utilized as an office. Not only is the outside expansive but the home has been has been completely updated in 2024 including roof, A/C, windows, water heater, Well, complete bathroom remodel, paint, flooring, appliances, and concrete walk ways. This property is ideal for those seeking privacy, space, and the opportunity to embrace a relaxed, outdoor lifestyle. Just minutes from I-4 and Park Rd,. It is rare to find a home that offers the perfect balance between seclusion and convenience, with plenty of space for personal enjoyment or future expansion. Whether you're looking for a peaceful retreat, a place to raise animals (zoned AS-1), or room for hobbies this home offers it all. This unique opportunity won’t last long!

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Location


Property Details


Parking

  • Description: Boat, Covered, Oversized, RV Carport, Workshop in Garage
  • Details: Oversized, RV Carport, RV Access/Parking
  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 6
  • # of Stories: 1
  • Basement Description: Crawl Space

Exterior Features

  • Exterior Walls Materials: Siding (Alum/Vinyl)
  • Roof Type: Gable or Hip
  • Roof Material: Shingle

Land Information

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

Lot Information

  • Parcel ID: U102922ZZZ000004895700
  • Lot Size: 49223 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 1944

Tax Information

  • Annual Tax: $4,587

Utilities

  • Water & Sewer: Private, Well
  • Heating: Central
  • Cooling: Central Air

Location

  • County: Hillsborough

Listing Details


Listed by:
Shilaan Hakky
NXTDEAL REALTY LLC
(312) 340-7335

Source:
Stellar MLS
MLS#: TB8398999
Stellar MLS

Investment Summary


Monthly Cash Flow
-$450
Cap Rate
4.6%
Cash-on-Cash Return
-6.7%
Debt Coverage Ratio
0.75
Internal Rate of Return (5 years)
-2.5%

Purchase Details

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Purchase price:
$350,000
Amount financed:
-$280,000
Down payment:
$70,000
Closing costs:
$10,500
Rehab costs:
$0
Initial cash invested:
$80,500
Square feet:
1,376
Cost per square foot:
$254
Monthly rent per square foot:
$1.82

Financing Details

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Loan amount:
$280,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$1,793
Property tax:
$382
Insurance:
$175
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,350

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,500 $30,000
Vacancy loss: (6%)
6% -$150 -$1,800
Operating income:
$2,350 $28,200

Operating Expenses


% Rent Monthly Yearly
Property taxes: (15%)
15%-$382-$4,587
Insurance: (7%)
7%-$175-$2,100
Property management: (8%)
8%-$200-$2,400
Repairs & maintenance: (5%)
5%-$125-$1,500
Capital expenditures: (5%)
5%-$125-$1,500
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (40%)
40%-$1,007-$12,087

Cash Flow


Monthly Yearly
Net operating income:
$1,343 $16,116
Mortgage payments:
-$1,793 -$21,516
Cash flow:
$450 $5,400