1016 Mississippi Avenue #101, Lakeland, FL 33803

Lakeland
Local realty services provided by:Gulf Shores Realty ERA Powered
1016 Mississippi Avenue #101,Lakeland, FL 33803
$599,000
Virtual Tour
  • 5 Beds
  • 3 Baths
  • 2,454 sq. ft.
  • Single family
  • Active
Listed by: solomon gallant
Office: s & d real estate service llc.
MLS#:L4959775
Source:MFRMLS

Price summary

  • Price:$599,000
  • Price per sq. ft.:$227.32

About this home

Exceptional investment opportunity featuring three rental units (101, 102 and 103) across two separate buildings. The unit mix includes a 1-bedroom/1-bath, and two 2-bedroom/1-bath units, offering strong rental flexibility and broad tenant appeal. One building is configured in a duplex-style layout, while the second building features a private second-floor 1/1 unit, creating separation and privacy across the property. Ideally located near shops, scenic lakes, colleges, and parks, this property consistently attracts tenants seeking both convenience and lifestyle amenities. Recent capital improvements provide peace of mind, including a brand-new roof, new air conditioning system, and complete electrical rewiring. The buildings were completely renovated and remodeled in 2020. The property is currently tenant-occupied on month-to-month leases, delivering immediate income while allowing flexibility for future adjustments. An added bonus: the sale includes the existing property website;...

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Home facts

  • Year built:1947
  • Listing ID #:L4959775
  • Added:11 day(s) ago
  • Updated:March 16, 2026 at 02:39 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Luxury Vinyl
  • Basement Description:Crawlspace
  • Living area:2,454 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Heat Pump
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1947
  • Building area:2,454 sq. ft.
  • Lot area:0.17 Acres
  • Construction Materials:Block
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$599,000
  • Price per sq. ft.:$227.32
  • Tax amount:$7,018 (2025)

Features and amenities

  • Laundry features:Inside
  • Pool features:Public Pool

Parking

  • Parking description:Attached Garage
  • Garage:Yes
  • Garage spaces:2
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