115 EMMA STREET at

115 EMMA STREET

For sale Days on market 100

$399,000

$148/sq ft

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Overview

Bedroom

Year Built

1900

Sqft

2696

Property Type

Triplex

Property Description

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.

Property Details

MLS#

O6421108

Address

115 EMMA

City

Lakeland

State/county

Zip/Postal Code

33815

Area

Patterson & Cox Sub

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$1,903

Maint Fee

$--

Tax Year

2025

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