Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$599,999

For Sale - Active
2901 Laurel Meadow Ct, Plant City, FL 33566
4 Beds
3 Baths
2,606 Square Feet
0.53 Acres Lot
Built in 2001
For Sale - Active
1 Units
Checked: 14 hours ago
Updated: Jul 21, 2025 at 05:32AM

Investment Summary


Monthly Cash Flow
-$610
Cap Rate
4.9%
Cash-on-Cash Return
-5.3%
Debt Coverage Ratio
0.80
Internal Rate of Return (5 years)
-1.1%

Property Description


0.53 Acres Lot
Built in 2001
For Sale - Active
1 Units

Welcome to your private retreat in the desirable Walden Lake community of Plant City! Nestled at the end of a quiet cul-de-sac, this beautifully maintained 4-bedroom, 3-bathroom home offers comfort, space, and convenience on over half an acre. Step inside to find solid hardwood floors throughout and an open, inviting layout perfect for both everyday living and entertaining. The spacious living area opens seamlessly to a screened-in lanai through sliding glass doors, leading to your own SALTWATER POOL—ideal for relaxing or hosting guests. The thoughtfully designed floor plan includes a private fourth bedroom at the back of the home, complete with a full bath and its own sitting area—perfect for guests, in-laws, or a home office setup. Located in the heart of Plant City—known as the Strawberry Capital of the World and home to the annual Florida Strawberry Festival—this home is just minutes from I-4, offering quick access to Tampa, Lakeland, and beyond. Enjoy shopping at Lake Walden Square, Walden Woods, and Plant City Plaza, or dine at local favorites like Keel Farms, known for its winery and farm-to-table food. New ROOF put on in 2023! Don’t miss your chance to own this exceptional property in one of Plant City's most sought-after communities!

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

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

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

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

Interior Features

  • # of Rooms: 4
  • # of Stories: 1

Exterior Features

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

HOA

  • Has HOA: Yes
  • Association: Walden Lake Community and Association
  • HOA Fee: $354/annually

Land Information

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

Lot Information

  • Parcel ID: P0729225NY000001000410
  • Lot Size: 22880 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 2001

Tax Information

  • Annual Tax: $3,205

Utilities

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

Location

  • County: Hillsborough

Listing Details


Listed by:
Courtney Arruda
FRANK ALBERT REALTY
(321) 543-1493

Source:
Stellar MLS
MLS#: TB8391748
Stellar MLS

Investment Summary


Monthly Cash Flow
-$610
Cap Rate
4.9%
Cash-on-Cash Return
-5.3%
Debt Coverage Ratio
0.80
Internal Rate of Return (5 years)
-1.1%

Purchase Details

Find an Agent

Purchase price:
$599,999
Amount financed:
-$479,999
Down payment:
$120,000
Closing costs:
$18,000
Rehab costs:
$0
Initial cash invested:
$138,000
Square feet:
2,606
Cost per square foot:
$230
Monthly rent per square foot:
$1.53

Financing Details

Find a Lender

Loan amount:
$479,999
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$3,073
Property tax:
$267
Insurance:
$280
Private mortgage insurance (PMI):
$0
Monthly payment:
$3,620

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$4,000 $48,000
Vacancy loss: (6%)
6% -$240 -$2,880
Operating income:
$3,760 $45,120

Operating Expenses


% Rent Monthly Yearly
Property taxes: (7%)
7%-$267-$3,205
Insurance: (7%)
7%-$280-$3,360
Property management: (8%)
8%-$320-$3,840
Repairs & maintenance: (5%)
5%-$200-$2,400
Capital expenditures: (5%)
5%-$200-$2,400
HOA fees: (1%)
1%-$30-$360
Total operating expenses: (32%)
32%-$1,297-$15,565

Cash Flow


Monthly Yearly
Net operating income:
$2,463 $29,556
Mortgage payments:
-$3,073 -$36,876
Cash flow:
$610 $7,320