5430 Lewellyn RoadLakeland, FL 33810MLS Number O6059953

  • Price: $1,699,000
  • 21 Days on Market
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Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Pending
5430 Lewellyn Road Lakeland FL 338105430 Lewellyn Road Lakeland FL 338105430 Lewellyn Road Lakeland FL 338105430 Lewellyn Road Lakeland FL 338105430 Lewellyn Road Lakeland FL 338105430 Lewellyn Road Lakeland FL 338105430 Lewellyn Road Lakeland FL 338105430 Lewellyn Road Lakeland FL 338105430 Lewellyn Road Lakeland FL 338105430 Lewellyn Road Lakeland FL 338105430 Lewellyn Road Lakeland FL 338105430 Lewellyn Road Lakeland FL 338105430 Lewellyn Road Lakeland FL 338105430 Lewellyn Road Lakeland FL 338105430 Lewellyn Road Lakeland FL 338105430 Lewellyn Road Lakeland FL 338105430 Lewellyn Road Lakeland FL 338105430 Lewellyn Road Lakeland FL 338105430 Lewellyn Road Lakeland FL 338105430 Lewellyn Road Lakeland FL 338105430 Lewellyn Road Lakeland FL 338105430 Lewellyn Road Lakeland FL 338105430 Lewellyn Road Lakeland FL 338105430 Lewellyn Road Lakeland FL 33810
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  • 12,200Square Feet
  • 2.93Acreage
  • 1983Year Built
  • PendingMls Status
13 Unit Triplex & Duplex Portfolio Investment!! First time ever offered to the market. Lakeland is a growing market with an influx in population with housing being more in demand than ever. Local demand for housing is being spurred on by expanding distribution and shipping industry surrounding Lakeland. The property consists of three tax parcels which are improved with three triplexes and two duplexes to total thirteen residential units. The five multi unit buildings are constructed on 2.93 gross acres that is accessible from the main frontage road and a dead-end cul-de-sac on the rear of the property. The configuration of the existing buildings offers value-add opportunity with the ability to construct additional buildings on vacant or underutilized portions of the property to generate more rental revenue and further increase the return on the initial investment.
Listed by Kevin Eaton and Justin Core of CORE GROUP REAL ESTATE LLC

Driving Directions

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

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More Info

Location Information

  • Road Frontage["Access Road", "County Road"]

Basic Information

  • Property SubTypeMulti-Family
  • Virtual TourView Tour

Property

  • Living Area 12200
  • ZoningR-3

Interior

  • Flooring Ceramic Tile, Concrete, Laminate

Utilities

  • Cooling Central Air, Wall/Window Unit(s)
  • Heating Central
  • Sewer Septic Tank
  • Utilities BB/HS Internet Capable, Private, Water Nearby
  • Water Source Well

Basic Information

  • List Price$1,699,000
  • MLS NumberO6059953
  • Mls Status Pending
  • StatusPEN

Building

  • Building Area Source Public Records
  • Garage Spaces
  • MFR Ceiling Height 8 to 9 Feet
  • Stories1
  • Units13
  • Window Features Aluminum Frames
  • Year Built1983

Property Information

  • Acreage2.93
  • Construction Materials Block, Stucco
  • Lot Size Dimensions 276x200
  • Lot Size Square Feet 127,631
  • MFR Total Acreage 2 to less than 5
  • Number Of Lots 3
  • Square Feet12,200

Tax Information

  • Tax Year 2021
  • Taxes$10,800

Location

  • Address5430 Lewellyn Road
  • AreaLakeland
  • Building Number5430
  • CountyPolk
  • Directions Exit interstate 4, head north on kathleen road, turn left on to deeson road then right onto lewelynn road
  • StateFL
  • StreetLewellyn
  • TownLakeland
  • Township 27
  • Zip33810

Amenities

  • Appliances IncludedDishwasher, Dryer

Water Body

  • MFR Water Access YN No
  • MFR Water View YN No

Other

  • Date Listed09/15/2022
  • Gross Scheduled Income $86,352
  • MFR Annual Income Type Projected
  • MFR Flood Zone Code X

Based on information submitted to StellarMLS as of October 6, 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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