1310 N COMBEE ROAD at

1310 N COMBEE ROAD

For sale Days on market 135

$699,000

$110/sq ft

$201,000
Price Decreased

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Overview

Bedroom

Year Built

1931

Garage

Sqft

6331

Property Type

Multi Family

Property Description

Under contract-accepting backup offers. Combee Apartments, is a stabilized *8-unit multifamily property located at 1310 N Combee Rd in Lakeland, Florida. Set on a large 2.2-acre parcel, this five-building complex combines long-term income stability with future development potential in the heart of Central Florida’s high-demand Polk County submarket. Built in 1950, the property includes a diverse unit mix of three 1-bedroom/1-bath units, four 2-bedroom/1-bath units, and one 2-bedroom/2-bath single-family home, totaling 6,331 square feet. All units are equipped with mini-split AC systems and feature block construction, slab foundations, and pitched shingle roofs. The layout allows for low-density living, ample tenant parking, and future flexibility. Electricity and water are separately metered and paid by tenants, while the landlord covers sewer (septic) and trash services. The property is currently leased with below-market rents, offering immediate value-add potential through lease adjustments. Strategically located near major employers, retail, and transportation corridors, Combee Apartments provides convenient access to downtown Lakeland and nearby I-4, making it an ideal choice for workforce housing. With solid bones, stable cash flow, and room for growth, this property represents a compelling opportunity for investors seeking scalability in one of Florida’s fastest-growing markets. *DISCLAIMER: TWO UNITS ARE NON-CONFORMING*

Property Details

MLS#

TB8419297

Garage

Address

1310 COMBEE N

City

Lakeland

State/county

Zip/Postal Code

33801

Area

Lakewood Park

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$4,734

Maint Fee

$--

Tax Year

2024

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