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Investor Special - Don't miss this incredible income-producing property offering instant cash flow from reliable tenants! This spacious 5-bedroom, 3-bathroom home sits on a corner lot and features a converted garage currently serving as an additional bedroom. The original garage door remains in place, giving buyers the flexibility to easily restore it to a garage if desired. The home is tenant-occupied with a lease through November 30, 2026, generating $2,400 per month in rental income and delivering an impressive cap rate above 12%. Located in a stable rental area of Lakeland, this property offers strong returns and long-term potential for any investor's portfolio. A great opportunity to purchase a turn-key rental with solid tenants and steady revenue from day one!
| DAYS ON MARKET | 25 | LAST UPDATED | 12/5/2025 |
|---|---|---|---|
| TRACT | ORANGEWOOD COMMUNITY | YEAR BUILT | 1987 |
| COMMUNITY | 33805 - Lakeland / Gibsonia | COUNTY | Polk |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| PRICE HISTORY | |
| Prior to Dec 5, '25 | $239,000 |
|---|---|
| Dec 5, '25 - Today | $224,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Microwave, Range, Refrigerator |
| AREA | 33805 - Lakeland / Gibsonia |
| CONSTRUCTION | Block |
| HEAT | Central |
| LOT | 6534 sq ft |
| LOT DIMENSIONS | 68x100 |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | ORANGEWOOD COMMUNITY |
| TAXES | 2210.13 |
| UTILITIES | Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Richard Miller, GOLD REAL ESTATE SOLUTIONS, 813-420-3394
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 1:48 PM PST.
This IDX solution is (c) Diverse Solutions 2025.