Active

$425,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 1536 sq ft
Overview
  • ID: MFRL4962544
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 1536 sq ft
Property Details
Remarks
Prime investment opportunity right in the heart of Lakeland! This duplex features two exceptional units—a spacious 2-bedroom, 1-bath unit and a charming 1-bedroom, 1-bath unit—both thoughtfully updated and move-in ready. Ideally located just minutes from Florida Southern College, Lake Morton, Lake Hollingsworth, and many shopping, dining, and entertainment options, this property offers the best of Lakeland living. Downtown is less than one mile away, allowing residents and guests to enjoy popular local attractions such as First Friday events, the Saturday Farmers Market, and a vibrant downtown scene as easy as a walk, bike ride, or short drive away. Most recently operated as a successful short-term rental, both units are being sold fully furnished and completely outfitted, making this a true turnkey investment opportunity. The property is equally well-suited for long-term rental income or owner-occupancy with supplemental rental revenue. A shared backyard and common outdoor space provide a welcoming area for relaxation and entertaining, while dedicated parking is conveniently located behind the home. Each unit also includes its own storage shed equipped with a washer and dryer. Recent improvements include upgraded flooring, window treatments, appliances, beautifully renovated bathrooms, and a brand-new roof installed in 2025. Adding to the home's charm is the inviting front porch, the perfect place to unwind and enjoy Florida's beautiful weather. Whether you're looking to expand your investment portfolio or secure a owner-occupied income producing opportunity in one of Lakeland's most desirable locations, this duplex is a rare opportunity you won't want to miss.
Financial Considerations
Price:
$425,000
HOA Fee:
N/A
Tax Amount:
$4823.22
Price per SqFt:
$276.69
Tax Legal Description:
JOHNSONS T H SUB PB 4 PG 55 BLK C LOT 19
Exterior Features
Lot Size:
6752
Lot Features:
Historic District, City Limits
Waterfront:
No
Parking Spaces:
N/A
Parking:
Guest, Off Street
Roof:
Other
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Microwave, Range, Refrigerator, Washer, Dishwasher, Dryer
Furnished:
Yes
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1925
Construction Type:
Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Storage
Additional Features 2:
Contact City of Lakeland for leas restrictions. Licensing may be required for short-term rental.
Map
  • Address
    728 JOHNSON AVE
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