Investor special with strong redevelopment potential. This 1947 concrete block property sits on a spacious approximately quarter-acre lot in Lakeland, FL with multiple value-add opportunities. The structure is approximately 1,077 square feet and is currently configured as a 3-bedroom, 2-bath home. One bathroom was previously removed and converted into an additional bedroom, providing flexibility for future renovation or reconfiguration. Constructed with solid masonry, the property presents a durable foundation for investors or developers seeking a rehab, rental conversion, or repositioning project. The parcel is zoned CAC (Community Activity Center), allowing a wide range of potential uses including residential, office, retail, and other commercial applications (buyer to verify with the city). The property is also located within a designated Transit Supportive Development Area, part of Lakeland’s long-term planning for higher-density, mixed-use development along key corridors. Large lot size, flexible zoning, and location within a targeted growth corridor make this property well suited for investors looking to capitalize on redevelopment or mixed-use potential.
Sold for $135,000
Zillow last checked:
Listing updated:
Bought with:
Yida Urtiaga Alvarez, 3586874
HOME PRIME REALTY LLC
Source: Stellar MLS,MLS#: O6389355
Originating MLS: Orlando Regional
Originating MLS: Orlando Regional
Price history
| Date | Event | Price |
|---|---|---|
| 4/10/2026 | Sold | $135,000-0.7%$125/sqft |
Source:  Stellar MLS #O6389355 Report a problem | ||
| 3/26/2026 | Pending sale | $136,000$126/sqft |
Source: Stellar MLS #O6389355 Report a problem | ||
| 3/20/2026 | Price change | $136,000-6.2%$126/sqft |
Source: Stellar MLS #O6389355 Report a problem | ||
| 3/10/2026 | Listed for sale | $145,000$135/sqft |
Source: Stellar MLS #O6389355 Report a problem | ||
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