117 Lake Beulah DriveLakeland, FL 33815MLS Number O6000178

  • Price: $799,000
  • 116 Days on Market
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Federal 30-year interest rate: 5.25% last updated on May 19, 2022
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117 Lake Beulah Drive Lakeland FL 33815117 Lake Beulah Drive Lakeland FL 33815117 Lake Beulah Drive Lakeland FL 33815117 Lake Beulah Drive Lakeland FL 33815117 Lake Beulah Drive Lakeland FL 33815117 Lake Beulah Drive Lakeland FL 33815117 Lake Beulah Drive Lakeland FL 33815117 Lake Beulah Drive Lakeland FL 33815117 Lake Beulah Drive Lakeland FL 33815117 Lake Beulah Drive Lakeland FL 33815117 Lake Beulah Drive Lakeland FL 33815117 Lake Beulah Drive Lakeland FL 33815
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  • 2,840Square Feet
  • 0.53Acreage
  • 1962Year Built
  • ActiveMls Status
At the 3 way intersection of Lake Beulah, Main Street, and Sloan Avenue North, and just behind the newly renovated RP Funding Center. This property has a great deal of unrealized potential, for with a new operator and a little TLC would go a very long way here. There are two fuel tanks on-site, one is a 6,000-gallon metal and fiberglass doublewalled tank for premium, which was installed in January of 2007, and the second tank is a 10,000-gallon tank, for unleaded regular. This tank was installed by the previous owner in 1996 / 1997. Also, the property is operating without a gasoline contract in place, with Harbor Petroleum supplying the fuel. The current month-to-month tenant is not required under his lease to provide any back-up to any of his reported sale figures. He is paying $3,000 per month in rent, reports $34,000 to $35,000 in monthly store sales, and says that he is selling 3,500 gallons of fuel on average each month, he goes on to say that the lottery profits are about $1,500 per month and that he is subleasing the deli for $700 per month. At the 3 way intersection of Lake Beulah, Main Street and Sloan Avenue North, and just behind the newly renovated RP Funding Center (which recently completed $14,000,000 worth of renovations) and it is also in very close proximity to the under construction $180,000,000, 168 acre Bonnet Springs Park. And just across Lake Beulah is the Second Phase of Twin Lake Estates with a 132 new apartment units, and when Phase 3 is fully completed will total to 320 units of affordable housing. Also completed just around the corner is the new 126 room Springhill Suites hotel. The City has just approved $250,000 for the new Roundabout, to replace the nearby lighted intersection.
Listed by David Hitchcock of SVN SAUNDERS RALSTON DANTZLER

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Taylormade Properties, Inc.
Taylormade Properties, Inc.
9658 W. Linebaugh Ave.
Tampa, FL 33626

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More Info

Location Information

  • Road FrontageCity Street, Main Throrughfare

Basic Information

Property

  • Living Area 4464

Utilities

  • Cooling Central Air

Amenities

  • Other AmenitiesWater View

Water Body

  • MFR Water Access YN No
  • MFR Water View YN Yes
  • Water ViewLake

Other

  • Date Listed01/28/2022
  • MFR Flood Zone Code x
  • View Count1

Basic Information

  • List Price$799,000
  • MLS NumberO6000178
  • Mls Status Active
  • StatusACT

Building

  • Building Area Source Public Records
  • Garage Spaces
  • Stories1
  • Year Built1962

Property Information

  • Acreage0.53
  • Construction Materials Block
  • Lot DescriptionCentral Business District
  • Lot Size Square Feet 23,117
  • MFR Total Acreage 1/2 to less than 1
  • Square Feet2,840

Tax Information

  • Tax Year 2021
  • Taxes$6,134

Location

  • Address117 Lake Beulah Drive
  • AreaLakeland
  • Building Number117
  • CountyPolk
  • Directions From florida ave in lakeland take west main street .7 miles. The property will be on the left.
  • StateFL
  • StreetLake Beulah
  • SubdivisionLake Beulah Add
  • TownLakeland
  • Township 28
  • Zip33815

Based on information submitted to StellarMLS as of May 17, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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