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Sold for $800,000
    • $800,000

    6065 BAY AVENUE SE, HIGHLAND CITY, FL 33846

    --beds
    0baths
    7,420sqft
    Multi Family
    Built in 1973
    -- sqft lot
    $773,000 Zestimate®
    $108/sqft
    $1,145 Estimated rent

    Home value

    $773,000

    $696,000 - $858,000

    $1,145/mo

    Zestimate® history
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    What's special

    INCOME OPPORTUNITY! Located in one of the fastest growing areas of South Lakeland / Highland City, 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%

    Zillow last checked:

    Listing updated:

    Listed by:

    Craig Morby 863-581-0059,

    SAUNDERS REAL ESTATE, LLC 863-648-1528

    Bought with:

    Carly Powell, 3404321

    SAUNDERS REAL ESTATE, LLC

    Source: Stellar MLS,MLS#: O6203342MLS LogoOriginating MLS: Orlando Regional

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Central, Other
    Cooling
    • Central Air, Wall/Window Unit(s)
    Appliances
    • Laundry: Other
    Features
    • Other
    • Has fireplace: No
    Interior area
    • Total interior livable area: 7,420 sqft

    Property

    Parking
    • Parking features: Common, Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Private Mailbox
    Lot
    • Size: 1.52 Acres
    • Dimensions: 260 x 127
    • Features: In County
    Details
    • Parcel number: 242914283000070210
    • Zoning: RL4
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Concrete, Metal Frame, Wood Frame
    • Foundation: Crawlspace
    • Roof: Metal,Other
    Condition
    • Completed
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Connected, Water Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: HASKELL
    HOA
    • Has HOA: No
    Location
    • Region: Highland City

    Financial & listing details

    • Price per square foot: $108/sqft
    • Annual tax amount: $9,598
    • Date on market: 5/8/2024
    • Cumulative days on market: 201 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 10965
    • Tenant pays: Electricity, Water
    • Electric utility on property: Yes
    • Road surface type: Paved, Asphalt

    Price history

    DateEventPrice
    4/4/2025Sold$800,000-23.8%$108/sqft
    Source: Stellar MLS #O6203342 Report a problem
    2/17/2025Pending sale$1,050,000$142/sqft
    Source: Stellar MLS #O6203342 Report a problem
    2/1/2025Listed for sale$1,050,000$142/sqft
    Source: Stellar MLS #O6203342 Report a problem
    1/1/2025Pending sale$1,050,000$142/sqft
    Source: Stellar MLS #O6203342 Report a problem
    12/9/2024Price change$1,050,000-6.7%$142/sqft
    Source: Stellar MLS #O6203342 Report a problem
    12/4/2024Listed for sale$1,125,000$152/sqft
    Source: Stellar MLS #O6203342 Report a problem
    11/16/2024Pending sale$1,125,000$152/sqft
    Source: Stellar MLS #O6203342 Report a problem
    11/7/2024Listed for sale$1,125,000$152/sqft
    Source: Stellar MLS #O6203342 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 33846

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

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