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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*
| DAYS ON MARKET | 108 | LAST UPDATED | 12/4/2025 |
|---|---|---|---|
| TRACT | LAKEWOOD PARK | YEAR BUILT | 1931 |
| COMMUNITY | 33801 - Lakeland | GARAGE SPACES | 2.0 |
| COUNTY | Polk | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| PRICE HISTORY | |
| Prior to Sep 10, '25 | $900,000 |
|---|---|
| Sep 10, '25 - Oct 13, '25 | $850,000 |
| Oct 13, '25 - Nov 3, '25 | $800,000 |
| Nov 3, '25 - Dec 4, '25 | $750,000 |
| Dec 4, '25 - Today | $725,000 |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 33801 - Lakeland |
| CONSTRUCTION | Concrete |
| GARAGE | Yes |
| HEAT | Ductless |
| LOT | 2.2 acre(s) |
| PARKING | Attached |
| SEWER | Septic Needed |
| SUBDIVISION | LAKEWOOD PARK |
| TAXES | 4734.49 |
| UTILITIES | Electricity Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listing provided by Tito Urbano Perez, FLORIDA REALTY INVESTMENTS, 407-207-2220
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 12/5/25 11:30 AM PST.
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