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Sold for $362,300
  • $362,300

    518 FRANCIS BOULEVARD, LAKELAND, FL 33801

    4beds
    3baths
    2,414sqft
    Triplex, Multi Family
    Built in 1950
    -- sqft lot
    $398,800 Zestimate®
    $150/sqft
    $1,526 Estimated rent

    Home value

    $398,800

    $367,000 - $435,000

    $1,526/mo

    Zestimate® history
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    $1,526/mo

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    $1,526/mo

    Rent Zestimate®

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    $2,470/mo

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    $2,470/mo

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    What's special

    New roofFlorida roomSeparate electric metersCumberland historic districtGrove parkOversized kitchenNewer central ac units
    Seize this exceptional investment opportunity in the Cumberland Historic District, ideally located near Florida Southern College, Grove Park, Lakeland High School, Lake Hollingsworth, and Historic Downtown Lakeland. This property features a diverse mix of units: a 2 bed/2 bath apartment with a large living room, oversized kitchen, and Florida room, currently rented for $1,125; a spacious 1 bed/1 bath with a huge living area and eat-in kitchen, potential rent of $1,350; and a detached 1 bedroom efficiency, currently at $900. Each unit has separate electric meters, and the duplex boasts newer central AC units, ensuring comfort and efficiency. Adding to its value, the property received a new roof in 2022, enhancing its appeal and durability. Impeccably maintained and strategically positioned, this property promises a lucrative passive income stream, making it an ideal addition to your investment portfolio. View and bring an offer today to capitalize on this rare opportunity for sustained income in a sought-after location. PLEASE DO NOT APPROACH / DISTURB TENANTS. By appointment only. *Please also check out two duplexes (4 units) at 902 and 910 Castleway, Lakeland (MLS #s L4942603, L4942605).

    Zillow last checked:

    Listing updated:

    Listed by:

    Milton De La Cruz 863-899-6030,

    LAKELAND HOMES AND REALTY, LLC 863-248-7260

    Bought with:

    Ed Hardee, 3510972

    LA ROSA REALTY ST. PETERSBURG

    Marlana Alvarez, 3356177

    LA ROSA REALTY ST. PETERSBURG

    Source: Stellar MLS,MLS#: L4942607MLS LogoOriginating MLS: Lakeland

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Range, Refrigerator
    • Laundry: Other
    Features
    • Ceiling Fan(s)
    • Flooring: Tile
    • Windows: Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 2,723
    • Total interior livable area: 2,414 sqft

    Property

    Features
    • Exterior features: Private Mailbox, Sidewalk
    • Has view: Yes
    • View description: City
    Lot
    • Size: 0.31 Acres
    Details
    • Parcel number: 242819218000007160
    • Zoning: RB-1
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    Materials
    • Block
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Completed
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available, Public, Sewer Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: BILTMORE PARK SUB
    HOA
    • Has HOA: No
    Location
    • Region: Lakeland

    Financial & listing details

    • Price per square foot: $150/sqft
    • Annual tax amount: $3,922
    • Date on market: 2/13/2024
    • Cumulative days on market: 20 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Tenant pays: Electricity, Sewer
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/24/2024Sold$362,300-5.9%$150/sqft
    Source: Stellar MLS #L4942607 Report a problem
    3/4/2024Pending sale$384,900$159/sqft
    Source: Stellar MLS #L4942607 Report a problem
    2/13/2024Listed for sale$384,900+185.3%$159/sqft
    Source: Stellar MLS #L4942607 Report a problem
    8/18/2023Listing removed--
    Source: Zillow Rentals Report a problem
    8/9/2023Listed for rent$1,400+107.4%$1/sqft
    Source: Zillow Rentals Report a problem
    10/10/2013Listing removed$675
    Source: CDC PROPERTIES OF CENTRAL FL #L4644681 Report a problem
    9/20/2013Listed for rent$675
    Source: RealBird Report a problem
    2/8/2013Listing removed$675
    Source: CDC Properties of Central Florida LLC #L4638507 Report a problem
    10/23/2012Price change$675+8%
    Source: CDC Properties of Central Florida LLC #L4638507 Report a problem
    9/6/2012Listed for rent$625+4.2%
    Source: CDC Properties of Central Florida LLC #L4638507 Report a problem
    7/17/2011Listing removed$600
    Source: CDC Properties of Central Florida LLC #L4631073 Report a problem
    6/4/2011Listed for rent$600
    Source: CDC Properties of Central Florida LLC #L4631073 Report a problem
    10/21/2009Listing removed$134,900$56/sqft
    Source: Coldwell Banker Residential Real Estate #l4619260 Report a problem
    7/15/2009Listed for sale$134,900$56/sqft
    Source: NRT Florida #L4619260 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Francis Blvd

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $398,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $398,800