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- 5520 3rd Street Se, LAKELAND, FL 33812
- MLS#: TB8344133 ( Residential Income )
- Street Address: 5520 3rd Street Se
- Viewed: 69
- Price: $657,500
- Price sqft: $0
- Waterfront: No
- Year Built: 2005
- Bldg sqft: 0
- Bedrooms: 4
- Total Baths: 4
- Days On Market: 33
- Additional Information
- Geolocation: 27.9651 / -81.8755
- County: POLK
- City: LAKELAND
- Zipcode: 33812
- Subdivision: Haskell
- Provided by: FUTURE HOME REALTY INC
- Contact: Audrey Johnson
- 813-855-4982
- DMCA Notice
-
DescriptionGreat Investment Opportunity with stable income stream in Lakeland/Highland City, Florida! Located in a prime area just off the high traffic State Road 98, a walk distance to restaurants and shopping plaza. This well maintained mobile home park offers a fantastic opportunity for both new investors or those looking to expand their portfolio. Key Features:(1) 8 total spaces include 2 rent to own homeswill be fully tenant owned by 2026and 5 tenant owned homes with lot rent only) 1 vacant space with significant potential (2) Well run park with strong tenant retention and consistent revenue streams. (3) Tenants are separately metered for water and electric City water with several septic tanks. Financials:*2024 Gross Revenue: $52,513 *Estimated Expenses: $12,776 *Potential for an additional $10,000+ in revenue by increasing lot rents and implementing trash charge backs *Filling the vacant space could bring an additional $14,400 $16,800 annually. Investor Opportunity: Easily increase your cap rate with minimal effort. This property is ready for immediate returns with plenty of room for growth. Dont miss out on this exceptional opportunity to secure a solid, income generating asset in a rapidly growing market!
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Property Features
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- Central Air
Country
- US
Covered Spaces
- 0.00
Exterior Features
- Lighting
Flooring
- Laminate
- Vinyl
Garage Spaces
- 0.00
Heating
- Central
Interior Features
- Built-in Features
- Living Room/Dining Room Combo
- Split Bedroom
- Thermostat
- Walk-In Closet(s)
- Window Treatments
Legal Description
- HASKELL PB 1 PG 5A TIER 2 BLK 7 LOTS 1 3 THRU 8 & NLY 1/2 OF CLOSED ALLEY LYING SWLY OF LOT 1 & CLOSED ALLEY LYING BETWEEN LOTS 3 THRU 8
Living Area
- 1800.00
Area Major
- 33812 - Lakeland
Net Operating Income
- 0.00
Parcel Number
- 24-29-14-283000-020710
Property Type
- Residential Income
Roof
- Other
Sewer
- Septic Tank
Tax Year
- 2024
Tenant Pays
- Electricity
- Water
Township
- 29
Utilities
- Electricity Connected
- Street Lights
- Water Connected
Views
- 69
Virtual Tour Url
- https://www.propertypanorama.com/instaview/stellar/TB8344133
Water Source
- Public
Year Built
- 2005
Zoning Code
- R-4

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