320 E Hibiscus DRIVE Lakeland, FL ^$ 310,000

320 E Hibiscus DRIVE

^$ 310,000

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Recently Listed

320 E Hibiscus DRIVE

Lakeland, FL, 33803

^$ 310,000

Studio Baths0.0 Sq 1,540

Monthly Estimate*

^$ 2,060

320 E Hibiscus DRIVE, Lakeland, FL 33803 - Image 1

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320 E Hibiscus DRIVE, Lakeland, FL 33803 - Image 9

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Studio

Multi-Family Home for sale in Lakeland, FL

for $310,000. This 1,540 square foot home was built in 1952 on a lot size of 0.16.

Looking for an investment opportunity look no further! This duplex is nestled in the heart of Lakeland just minutes from downtown. Each unit is fully occupied and are both 1 bedroom and 1 bathroom with nearly 800 living sq. ft. With monthly rents totaling $1,970.00 and an annual gross income of $23,640.00. So call today to get in on the action before this amazing opportunity slips away! ***Once property has an executed contract access will be granted during due diligence period.***

Multi-Family Active

Price

^$ 310,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,812

Style

Duplex

Lot Size

0.16

Year Built

1952

Town/City

Lakeland

County/Region

Polk

MLS | Web ID

L4944559

Features

General

Interior Features Other

Sewer Public Sewer

Heating Wall Units / Window Unit

Cooling Wall/Window Unit(s)

Utilities Electricity Connected Sewer Connected Water Connected

Roof Shingle

Exterior Features Other

Zoning RA-3

Construction Materials Block Concrete

Year Built 1952

Property SubType Duplex

Tax Year 2023

Percent Ownership Fee Simple

County Polk

New Construction No

Property Type Residential Income

HOA / Comm Assn No

Subdivision Name HORNEYS J T ADD 01

Garage Y/N No

Status Active

Directions FROM S FLORIDA AVE TURN ONTO E HIBISCUS DR. PROPERTY WILL BE AHEAD ON LEFT.

City LAKELAND

Buyer Agent Compensation 2.5%-$295

Senior Community Y/N No

Total Units 2

MLS Area 33803 - Lakeland

Lot Size Square Feet 6865

Private Pool No

Waterfront Y/N No

Carport Spaces 2

Carport Y/N Yes

Street Name Hibiscus

Listing Terms Cash Conventional

Tax Annual Amount 1812.99

Public Remarks Looking for an investment opportunity look no further! This duplex is nestled in the heart of Lakeland just minutes from downtown. Each unit is fully occupied and are both 1 bedroom and 1 bathroom wi

Virtual Tour https://www.propertypanorama.com/instaview/stellar/L4944559

Days on Market 1

Standard Status Active

Tax Lot 15

Legal Description HORNEYS J T 1ST ADD PB 6 PG 1 BLK D LOTS 15 E 26 FT & W 26 FT OF 16

Water Access Y/N No

Water View Y/N No

Exterior

Water Source Public

Lot Size Area 6865

Foundation Details Slab

Number of Buildings 1

Lot Dimensions 52 x 132

Lot Size Acres 0.16

Road Surface Type Asphalt Paved

Lot Size Units Square Feet

Covered Spaces 2

Interior

Air Conditioning Y/N Yes

Heating Y/N Yes

Fireplace Y/N No

Street Suffix DRIVE

Laundry Features In Garage Laundry Room Other

Total Bedrooms 0

Total Baths 0

Living Area Units Square Feet

* Excluded Features

List By

Keller Williams Realty Smart 1

Broker

mattmesimer@kw.com

Affordability Calculator

$2,211

Per Month

Monthly Principal & Interest: $2,060
Monthly Property Taxes: $151
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Lakeland, FL

Average List Price ^$512,188

Percent of Sale Price 65%

About Lakeland, FL

108,488 Population

23% Since 2002

^$42,582 Median Income

39.8 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

266288 Elementary School

265661 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/7/2024	$310,000		Listed Price

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320 E Hibiscus DRIVE, Lakeland, FL, 33803 is a Multi-Family Home for sale at $310,000 with 1,540 sqft and a lot size of 0.16. 320 E Hibiscus DRIVE is a studio with 0.0 baths and was built in 1952. The property's zip code is 33803 which is in Lakeland, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing information courtesy of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.

Data is updated as of 5/23/2024.

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320 E Hibiscus DRIVE

Multi-Family Home for sale in Lakeland, FL

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