Producing 3 bed / 2 bath home in central Lakeland's Combee Settlement area, currently leased through 07/31/2026 at $1,905/month. Built 1958, 1,146 sqft. The 3/2 configuration is the gold standard in single-family rental, commanding top-of-market rent and longer average tenancy. List $229,900 / estimated ARV $275,000, providing strong equity-capture margin. Lease expiration aligns with peak Florida leasing season for an ideal renewal or rent-reset window. Lakeland sits dead center in the I-4 growth corridor between Tampa and Orlando, one of Florida's strongest appreciation paths.Photo disclosure: Listing photos were taken prior to current tenant occupancy and may not reflect the property's present condition. Showings by appointment with required notice to tenant. Buyer and buyer's agent to verify all material facts. Sellers have never occupied this property.
Listed By
Agency Name: GRAYSTONE REAL ESTATE
Agency Contact: 727-201-4011
Shown By
Agency Title: Realty 100
Agency Phone: 954-859-2100
Estimated Payment
$ 813.21 per month $511.66 Principal & Interest $234.50 Property Tax $67.05 Homeowner's Insurance
1235 Morgan Drive | MLS# TB8501961
This single family home located at 1235 Morgan Drive , Lakeland, FL 33801 is currently listed for sale with an asking price of $229,900. This property was built in 1958 and has 4 bedrooms and 2 full baths with 1146 sq. ft. Morgan Drive is located in the WOODLAND ESTATES subdivision. Search WOODLAND ESTATES real estate on www.realty100.com today.