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Sold for $170,000
  • $170,000

    1221 Lake Dr, Cantonment, FL 32533

    4beds
    1,404sqft
    Duplex
    Built in 1971
    -- sqft lot
    $170,800 Zestimate®
    $121/sqft
    $1,371 Estimated rent

    Home value

    $170,800

    $154,000 - $190,000

    $1,371/mo

    Zestimate® history
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    What's special

    Brick duplexLarge covered back patioNearly half an acreFunctional kitchenBacks up to trees
    This income-producing brick duplex in Cantonment, FL sits on nearly half an acre and brings in $1,995 per month in rental income. Each side features 2 bedrooms, 1 full bathroom, a spacious living area, a functional kitchen, a utility room, and a large covered back patio. The property backs up to trees, providing excellent privacy for tenants. Both units are currently tenant-occupied. Unit #37 (left side) rents for $1,050 per month on a lease through September 30, 2025. Unit #38 (right side) rents for $945 per month on a lease through December 31,2025. Water, sewer, and sanitation are paid by the seller and average approximately $175 per month. The roof was replaced in 2019, and the entire property was rewired with a permit in 2018. Recent updates include three new window A/C units for Unit #37 and a new A/C unit for the master bedroom of Unit #38, all installed in 2023. One of the water heaters was replaced in 2024. Please do not disturb the tenants. With steady income already in place and room to build additional value over time, this property offers a strong long-term investment opportunity. Additional photos and details are available upon request.

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Jones 850-805-5510,

    KELLER WILLIAMS REALTY GULF COAST

    Bought with:

    Dustin Sanders

    Levin Rinke Realty

    Source: PAR,MLS#: 668562MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Wall/Window Unit(s)
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Water Heater, Electric Water Heater, Refrigerator
    • Laundry: W/D Hookups
    Features
    • Ceiling Fan(s)
    • Flooring: Simulated Wood
    • Windows: Double Pane Windows, Blinds
    • Has basement: No
    Interior area
    • Total structure area: 1,404
    • Total interior livable area: 1,404 sqft

    Property

    Parking
    • Parking features: 2 Space/Unit
    Features
    • Patio & porch: Covered
    Lot
    • Dimensions: 118x155
    • Features: Interior Lot
    Details
    • Parcel number: 131n301001004001
    • Zoning description: Res Multi

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Gable
    Condition
    • Resale
    • New construction: No
    • Year built: 1971

    Utilities & green energy

    • Electric: Circuit Breakers, Copper Wiring
    • Sewer: Public Sewer
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Cantonment

    Financial & listing details

    • Price per square foot: $121/sqft
    • Price range: $170K - $170K
    • Date on market: 7/30/2025
    • Lease term: 7 to 12 Months
    • Tenant pays: Cable TV, Electricity, Internet

    Price history

    DateEventPrice
    8/28/2025Sold$170,000-2.9%$121/sqft
    Source: PAR #668562 Report a problem
    8/28/2025Contingent$175,000$125/sqft
    Source: PAR #668562 Report a problem
    8/28/2025Pending sale$175,000$125/sqft
    Source: PAR #668562 Report a problem
    8/2/2025Contingent$175,000$125/sqft
    Source: PAR #668562 Report a problem
    7/30/2025Listed for sale$175,000+42.9%$125/sqft
    Source: PAR #668562 Report a problem
    3/28/2023Sold$122,500-2%$87/sqft
    Source: PAR #622916 Report a problem
    2/25/2023Contingent$125,000$89/sqft
    Source: PAR #622916 Report a problem
    2/23/2023Listed for sale$125,000+104.9%$89/sqft
    Source: PAR #622916 Report a problem
    5/27/2020Sold$61,000-12.7%$43/sqft
    Source: PAR #560761 Report a problem
    10/9/2019Listing removed$69,900$50/sqft
    Source: RE/MAX HORIZONS REALTY #560761 Report a problem
    9/16/2019Listed for sale$69,900+39.2%$50/sqft
    Source: RE/MAX HORIZONS REALTY #560761 Report a problem
    7/12/2019Sold$50,200+11.6%$36/sqft
    Source: PAR #551587 Report a problem
    4/5/2019Listing removed$45,000$32/sqft
    Source: ERIC GLEATON REALTY, INC #551587 Report a problem
    4/2/2019Listed for sale$45,000$32/sqft
    Source: ERIC GLEATON REALTY, INC #551587 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 32533

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lipscomb
    • Middle: RANSOM
    • High: Tate

    Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $170,800
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    With Zillow Showcase(estimated)
    $174,216