1235 MORGAN DRIVE, LAKELAND, FL 33801

  • Open House
  • New Listing
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  • Price Reduced$26,000
  • Active

$225,000

  • 4 BedroomBedrooms
  • 2 BathroomBathrooms
  • 1,146 Sq.Ft.
  • Single Family
  • Active
  • MLS# TB8501961
  • Floor Plan
  • Sold on 
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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 $225,000 / 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.

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Property Details 1235 MORGAN DRIVE, LAKELAND, FL 33801

Facts & Features

  • MLS #: TB8501961
  • Status: Active
  • Date Listed: 05/02/2026
  • Type: Single Family
  • Sub Type: Single Family Residence
  • Year Built: 1958
  • Price: $225,000
  • Acres: 0.17
  • Area: 33801 - Lakeland
  • County: Polk
  • Subdivision: WOODLAND ESTATES
  • Bedrooms: 4
  • Bathrooms: 2
  • Full Baths: 2
  • Total SqFt: 1,146

Amenities

  • Waterfront: Yes
  • Waterfront Type: None

Interior

  • Interior Features: Ninguno
  • Flooring: Tile
  • Appliances: None
  • Utilities: Public
  • Heating: Electric
  • Cooling: Central Air
  • # of Stories: 1.00

Exterior

  • Exterior Features: Other
  • Roof: Shingle
  • Construction: Block

Additional Information

  • Zoning: R-2

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