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115 Emma Street , Lakeland, FL 33815

$399,000
  • 115 Emma Street , Lakeland, FL 33815 Main Photo

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New to the Market Active
BEDS7 BATHS SQUARE FEET2,696 MLS#O6421108
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPATTERSON & COX

Property Description

Don't miss this exceptional redevelopment and income-producing opportunity in the rapidly growing Lakeland market. Situated on a single parcel, this property consists of three total residential units across two separate buildings:* One duplex with separate electric meters for each unit.* One detached single-family home.Included with the sale are professionally completed Mechanical, Electrical, and Plumbing (MEP) plans, providing a significant head start for redevelopment and substantially reducing the time and expense required before construction.Proposed Redevelopment Plans* Detached Single-Family Home: Reconfigured into a modern 3-bedroom, 2-bathroom residence.* Duplex: Complete redesign into two expansive 5-bedroom, 3-bathroom units, creating a total of 13 bedrooms and 8 bathrooms across the property.The proposed layouts maximize rental potential while incorporating modern floor plans, updated building systems, and efficient use of space. Whether your strategy is traditional multifamily rentals, co-living, workforce housing, or another high-income rental model, this property offers exceptional flexibility.Located just minutes from downtown Lakeland with convenient access to Interstate 4, the property benefits from strong rental demand while offering easy access to both Tampa and Orlando.

115 Emma Street | MLS# O6421108

This multi-family property located at 115 Emma Street , Lakeland, FL 33815 is currently listed for sale with an asking price of $399,000. Search Lakeland real estate on sgray.floridaexecutiverealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Heating: None
Lot Size: 0.10 Acres
Roof Type: Shingle
Taxes: $1,903
Year Built: 1900

Amenities

Ninguno
Other

Feature Descriptions

Annual Net Income: 0.00
Directions: turn right onto FL-33 North toward Lakeland Continue on FL-33 North for 2.5 miles.Turn left onto US-98 / North Florida Avenue.Continue for 0.3 miles.Turn right onto Emma Street.Continue for 1.1 miles.will be 150 feet ahead on your right.
Flood Zone Code: X
Foundation: Other
Home Warranty Y/N: No
Lot Dimensions: 0.1
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Triplex
Sewer: Other
Showing Instructions: Appointment Only, Call Owner, Call Seller Direct, Other, See Remarks
Special Sale Provisions: None
Utilities: Other
Water: See Remarks
Water Access Y/N: No
Zoning: RA-4

Listed By / Shown By

Listed By

Agency Name: BLUE LIGHTHOUSE REALTY INC
Agency Contact: 786-268-9772

Shown By

Agent Name: Scott Gray
Agent Phone: (813) 205-5002
Agency Title: Florida Executive Realty

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Estimated Payment

$ 1,162.96 per month $888.00 Principal & Interest $158.58 Property Tax $116.38 Homeowner's Insurance

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