Active

$324,900

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 2055 sq ft
Overview
  • ID: MFRL4958645
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 2055 sq ft
Property Details
Remarks
Well-maintained full duplex on a corner lot with dual addresses in South Lakeland. Welcome to 4604 Sandy Ln / 816 W Alamo Dr—an income-producing property that combines long-term stability with future upside. Each unit features 2 bedrooms and 1.5 baths, private entrances, and a large shared driveway. The Alamo unit was refreshed in Summer 2024 with new kitchen cabinetry, granite countertops, updated bathroom with tile surround, new vanities, and new flooring—clean, modern, and rent-ready. The Sandy unit has been well maintained with all major systems updated, making this a low-maintenance asset overall. Key major systems have been fully updated and documented, offering buyers true peace of mind from day one. Recent 4-Point-worthy improvements include: roof and windows replaced in 2018; HVAC systems updated in 2020 and 2025; water heaters replaced in 2024 and 2026; a full replumb completed January 2026; and an electrical system brought to current safety standards (GFCIs, grounding, and breaker corrections). Both long-term tenants pay their own utilities and are currently rented at $1,190 per side (under market). Leases expire in May 2026, creating a clear path for future rent adjustments or repositioning. Market rents in the area support approximately $1,450–$1,600 per side (buyer to verify), offering immediate upside potential. Conveniently located near shopping, schools, parks, Polk Parkway, and I-4, this is a duplex that performs today and improves over time—ideal for an investor seeking stable income with upside or a house-hacker looking to offset living expenses while building equity. NOTE: Tenant-occupied; 24 hours’ notice required for showings.
Financial Considerations
Price:
$324,900
HOA Fee:
N/A
Tax Amount:
$2931
Price per SqFt:
$158.1
Tax Legal Description:
COMM NE COR NW1/4 OF NW1/4 RUN S 20 FT W 232.75 FT FOR POB RUN S 116.26 FT W 92.68 FT N 116.14 FT E 92.35 FT TO POB BEING PARCEL C LOT 1 OF UNRE ALAMO ESTS
Exterior Features
Lot Size:
10746
Lot Features:
Corner Lot
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
4
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Dishwasher, Microwave, Range, Refrigerator
Furnished:
Yes
Floor:
Ceramic Tile, Luxury Vinyl
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1978
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Private Mailbox
Additional Features 2:
Verify with county / city for short term rental possibilities.
Map
  • Address
    4602 SANDY LN
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