4602 SANDY LANE at

4602 SANDY LANE

For sale Days on market 5

$324,900

$158/sq ft

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Overview

Bedroom

Year Built

1978

Sqft

2055

Property Type

Duplex

Property Description

Under contract-accepting backup offers. Well-maintained full duplex on a corner lot with dual addresses in South Lakeland. Welcome to 4604 Sandy Ln / 816 W Alamo Dr—an income-producing property that combines long-term stability with future upside. Each unit features 2 bedrooms and 1.5 baths, private entrances, and a large shared driveway. The Alamo unit was refreshed in Summer 2024 with new kitchen cabinetry, granite countertops, updated bathroom with tile surround, new vanities, and new flooring—clean, modern, and rent-ready. The Sandy unit has been well maintained with all major systems updated, making this a low-maintenance asset overall. Key major systems have been fully updated and documented, offering buyers true peace of mind from day one. Recent 4-Point-worthy improvements include: roof and windows replaced in 2018; HVAC systems updated in 2020 and 2025; water heaters replaced in 2024 and 2026; a full replumb completed January 2026; and an electrical system brought to current safety standards (GFCIs, grounding, and breaker corrections). Both long-term tenants pay their own utilities and are currently rented at $1,190 per side (under market). Leases expire in May 2026, creating a clear path for future rent adjustments or repositioning. Market rents in the area support approximately $1,450–$1,600 per side (buyer to verify), offering immediate upside potential. Conveniently located near shopping, schools, parks, Polk Parkway, and I-4, this is a duplex that performs today and improves over time—ideal for an investor seeking stable income with upside or a house-hacker looking to offset living expenses while building equity. NOTE: Tenant-occupied; 24 hours’ notice required for showings.

Property Details

MLS#

L4958645

Address

4602 SANDY

City

Lakeland

State/county

Zip/Postal Code

33813

Area

Alamo Estates

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$2,931

Maint Fee

$--

Tax Year

2024

Dishwasher

Microwave

Range

Refrigerator

Trees/Woods

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