1235 MORGAN DRIVE at

1235 MORGAN DRIVE

For sale Days on market 93

$210,000

$183/sq ft

$19,900
Price Decreased

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Overview

Bedroom

Bath

Year Built

1958

Sqft

1146

Property Type

Single Family Residence

Property Description

Producing 3 bed / 2 bath home in central Lakeland's Combee Settlement area, currently leased through 07/31/2027 at $1,875/month (plus tenant pays for a $60 benefits package). Built 1958, 1,146 sqft. The 3/2 configuration is the gold standard in single-family rental, commanding top-of-market rent and longer average tenancy. List $210,000 / estimated ARV $275,000, providing strong equity-capture margin. Lease expiration aligns with peak Florida leasing season for an ideal renewal or rent-reset window. Lakeland sits dead center in the I-4 growth corridor between Tampa and Orlando, one of Florida's strongest appreciation paths. Photo disclosure: Listing photos were taken prior to current tenant occupancy and may not reflect the property's present condition. Showings by appointment with required notice to tenant. Buyer and buyer's agent to verify all material facts. Sellers have never occupied this property.

Property Details

MLS#

TB8501961

Total Floor in Bldg

Address

1235 MORGAN

City

Lakeland

State/county

Zip/Postal Code

33801

Area

Woodland Estates

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$2,814

Maint Fee

$--

Tax Year

2025

None

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