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$399,000
7 Beds 5 Baths Patterson & Cox Sub SubDv. 33815 Zip Code
Don’t miss this exceptional redevelopment and income-producing opportunity in the rapidly growing Lakeland market. Situated on a single parcel, this property consists of three total residential units across two separate buildings: * One duplex with separate electric meters for each unit. * One detached single-family home. Included with the sale are professionally completed Mechanical, Electrical, and Plumbing (MEP) plans, providing a significant head start for redevelopment and substantially reducing the time and expense required before construction. Proposed Redevelopment Plans * Detached Single-Family Home: Reconfigured into a modern 3-bedroom, 2-bathroom residence. * Duplex: Complete redesign into two expansive 5-bedroom, 3-bathroom units, creating a total of 13 bedrooms and 8 bathrooms across the property. The proposed layouts maximize rental potential while incorporating modern floor plans, updated building systems, and efficient use of space. Whether your strategy is traditional multifamily rentals, co-living, workforce housing, or another high-income rental model, this property offers exceptional flexibility. Located just minutes from downtown Lakeland with convenient access to Interstate 4, the property benefits from strong rental demand while offering easy access to both Tampa and Orlando.

115 Emma Street, Lakeland

$325,000
7 Beds 3 Baths Edgewood Park Sub SubDv. 33815 Zip Code
This multifamily investment opportunity is ideally located on Lakeland’s southwest side. The property includes a newly renovated 3-bedroom, 1-bath single-family home, along with two 2-bedroom, 1-bath mobile homes. The single family residence IS CURRENTLY VACANT AND READY TO RENT. It has been thoughtfully updated with new roof, new A/C, laminate flooring, modern plumbing fixtures, and a full suite of new appliances, offering a turnkey rental opportunity. Both mobile homes are currently occupied, providing immediate income. Each of the three homes have laundry hookups. Professional property management is already in place, with services available to continue for a seamless transition to new ownership. The property is serviced by two septic systems, with electric and water provided by the City of Lakeland. Conveniently located near Memorial Boulevard and New Tampa Highway, the site offers excellent connectivity to the greater Lakeland area.

711 Nashville Road, Lakeland