Address
6065 Bay AVENUE SE, LAKELAND, FL
Price
$ 1,125,000
Property Attributes
- MLS#O6203342
- TypeIncome
- CountyPOLK
- CityLAKELAND
- AreaLakeland
- NeighborhoodHaskell
- Zip33812
- StyleMulti Family
- Year Built1973
- Taxes$ 9598
- Price$ 1,125,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage7420
- Lot Size1.52 Acres
Data Source:
Stellar MLS
Property Description
TREMENDOUS INCOME OPPORTUNITY! Located in one of the fastest growing areas of South Lakeland, this is multifamily development, consisting of 6 park owned mobile homes, and 7 single family (small) homes. The six mobile homes are part of the Florida Mobile Home Registry under Pa-pa Bears Mobile Home park. The other 7 homes are part of the same parcel - each have a separate mailing address. Current annual income of $131,580, with upside to grow to another 10% quickly. Lakeland and Polk County are among the fastest growing places in the U.S., as the City sits in the middle of Tampa and Orlando on the I-4 corridor. In the immediate area, new apartment developments have been built, and several shopping areas, including Publix, across the street. There are primary, middle and high schools very close by, and the main thoroughfare, US 98 stretches from the north side of Lakeland to the south side. The annual rental income is $131,560, and all expenses are detailed and accounted for, giving us a current cap rate of 8.26%
| Price History | |
|---|---|
| 5/8/2024 | Listed $1,125,000 |
General Features
| Interior Features | Other |
|---|---|
| Sewer | Septic Tank |
| Heating | Central,Other |
| Cooling | Central Air,Wall/Window Unit(s) |
| Utilities | Electricity Connected,Water Connected |
| Roof | Metal,Other |
| Exterior Features | Private Mailbox |
| Zoning | RL4 |
| Construction Materials | Concrete,Metal Frame,Wood Frame |
| Year Built | 1973 |
| Tenant Pays | Electricity,Water |
| Levels | One |
| Property SubType | Multi Family |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Gross Income | 131580 |
| County | Polk |
| New Construction | No |
| Property Type | Residential Income |
| HOA / Comm Assn | No |
| Subdivision Name | HASKELL |
| Garage Y/N | No |
| Status | Active |
| Directions | Clubhouse Road/530 east toward US 98 to address. |
| ModificationTimestamp | 2024-05-09T05:00:16.300Z |
| City | LAKELAND |
| Buyer Agent Compensation | 3% |
| Disclosures | None |
| View Y/N | No |
| Senior Community Y/N | No |
| NumberOfUnitsTotal | 13 |
| MLS Area | 33812 - Lakeland |
| Lot Size Units | Acres |
| Lot Size Square Feet | 66041 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 9598.85 |
| Property Condition | Completed |
| Additional Parcels Y/N | No |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/O6203342 |
| Days on Market | 1 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Tax Lot | 1 |
| Total Actual Rent | 10965 |
| Legal Description | HASKELL PB 1 PG 5A TIER 7 BLK 2 LOTS 1 TO 4 |
| Water Access Y/N | No |
| Water View Y/N | No |
| Flood Zone Code | X |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Laundry Features | Other |
| LivingAreaSource | Public Records |
Exterior Features
| Parking Features | Common,Driveway |
|---|---|
| Lot Features | In County |
| Water Source | Public |
| Lot Size Area | 1.5161 |
| Foundation Details | Crawlspace |
| Number of Buildings | 13 |
| Lot Dimensions | 260 x 127 |
| Lot Size Acres | 1.52 |
| Road Surface Type | Paved,Asphalt |
| Road Frontage Type | Street Paved |
| Number of Lots | 1 |
| Road Responsibility | Public Maintained Road |
| Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 33812
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on June 25, 2024 3:43 AM UTC
