1235 Morgan Drive, Lakeland, FL 33801

$219,900
4
BD
2
BA
1,146
SqFt
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List Price
$219,900
Status
ACTIVE
MLS#
TB8501961
Price Change
▼ $10,000 1779047310
Bedrooms
4
Bathrooms
2
Living Area
1,146
Subdivision
Woodland Estates
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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 $229,900 / 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.

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Additional Information

Year Built
1958
Construction
Block
Living Area
1,146
Acres
0.17
Interior Features
Ninguno
Cooling
Central Air
Heating
Electric
Exterior Features
Other
Sewer
Other
Stories
1
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Listing courtesy of GRAYSTONE REAL ESTATE.

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