1. Martin Scott Realty
  2. Service You Deserve ~ People You Trust

6065 Bay Avenue Se, LAKELAND, FL 33812

Priced at Only: $1,050,000

Would you like to sell your home before you purchase this one?

  • MLS#: O6203342 ( Residential Income )
  • Street Address: 6065 Bay Avenue Se
  • Viewed: 14
  • Price: $1,050,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1973
  • Bldg sqft: 0
  • Days On Market: 220
  • Acreage: 1.52 acres
  • Additional Information
  • Geolocation: 27.9674 / -81.8815
  • County: POLK
  • City: LAKELAND
  • Zipcode: 33812
  • Subdivision: Haskell
  • Provided by: SVN SAUNDERS RALSTON DANTZLER REAL ESTATE
  • Contact: Craig Morby
  • 863-648-1528
  • DMCA Notice
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%
Payment Calculator
  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-

  •   Monthly -
Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Private Mailbox
  • Living Area: 7420.00
  • Roof: Metal, Other
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: In County, Paved
Garage and Parking
  • Garage Spaces: 0.00
  • Parking Features: Common, Driveway
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Other
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2023
Rental Information
  • Tenant Pays: Electricity, Water
Other Features
  • Country: US
  • Interior Features: Other
  • Legal Description: HASKELL PB 1 PG 5A TIER 7 BLK 2 LOTS 1 TO 4
  • Levels: One
  • Area Major: 33812 - Lakeland
  • Parcel Number: 24-29-14-283000-070210
  • Views: 14
  • Zoning Code: RL4

Contact Info

  1. Martin Scott Realty
  2. Service You Deserve ~ People You Trust
  3. 321.297.8991
  4. martinscottrealty@yahoo.com
Request More Information
  • All fields are required.

Featured Listings