704 W Alamo Drive, Lakeland, FL 33813
Local realty services provided by:ERA American Suncoast
Listed by: stephen hachey
Office: flat fee mls realty
MLS#:TB8463540
Source:MFRMLS
Price summary
- Price:$449,000
- Price per sq. ft.:$219.02
About this home
Cash-flowing duplex investment in South Lakeland with separate utilities, strong rental demand, and immediate upside. Located at 704–706 W Alamo Drive, this turnkey multi-family property offers a rare opportunity to own an income-producing asset in a rapidly appreciating area.
Each unit features private entrances, updated interiors, and durable luxury vinyl plank flooring throughout. One unit is vacant and move-in ready — perfect for house hacking or an owner-occupant. The second unit is tenant-occupied on a month-to-month lease, providing flexibility for investors.
Bonus features include an enclosed garage, covered carport, off-street parking, and a large yard with outbuilding/workshop potential. No HOA. Flood zone X.
This property is ideal whether you’re building a rental portfolio, looking for low-maintenance cash flow, or seeking future redevelopment potential close to downtown Lakeland, shopping, dining, and major roadways.
Income-producing properties like this are rare in today’s market.
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Home facts
- Year built:1977
- Listing ID #:TB8463540
- Added:4 day(s) ago
- Updated:January 17, 2026 at 06:09 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Living area:2,050 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Metal
- Year built:1977
- Building area:2,050 sq. ft.
- Lot area:0.34 Acres
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$449,000
- Price per sq. ft.:$219.02
- Tax amount:$4,184 (2025)
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