Active
1216 FAIRWAY DR
$299,900
Features:
Property Details
Remarks
Great investment opportunity at 1216 Fairway Drive in Lakeland! This well-maintained duplex offers two spacious 3-bedroom, 2-bathroom units, each featuring a desirable split-bedroom floorplan designed for privacy and comfortable living. Both units are currently occupied and secured by 12-month leases, providing immediate rental income and stability for the next owner. The property generates $28,890 in annual rental income, making it an excellent addition to an investment portfolio. Unit 1216 had new AC and Water Heater installed in 2025. Located in Lakeland with convenient access to local shopping, dining, schools, employment centers, and major roadways. Whether you're looking to expand your rental portfolio or seeking a property with established tenants and income from day one, this duplex is worth a look.
Financial Considerations
Price:
$299,900
HOA Fee:
N/A
Tax Amount:
$4643.68
Price per SqFt:
$132
Tax Legal Description:
COMM SW COR OF SE1/4 OF SW1/4 OF SEC E ALONG S BNDRY 1051.31 FT N 45 DEG W 470 FT N 330 FT N 18 DEG 09 MIN 30 SEC W 470 FT TO POB N 18 DEG 09 MIN 30 SEC W 4.84 FT N 22 DEG 47 MIN 20 SEC E 112.6 FT S 62 DEG 18 MIN 41 SEC E 181.35 FT S 18 DEG 09 MIN 30 SEC E 21.86 FT S 71 DEG 50 MIN 30 SEC W 15.34 FT W 194.93 FT TO POB
Exterior Features
Lot Size:
13225
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
4
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
2003
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Lighting
Additional Features 2:
Buyer to verify lease restrictions
Map
- Address1216 FAIRWAY DR
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