This Multifamily Property is Off-Market.

725 Orange St. E.
Lakeland, FL 33801 ·

12 Units · Multifamily For Sale

N/A

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Orange St. E.

Price N/A Commission Split 3%
No. Units 12 Lot Size 1.39 AC
Building Size 9,927 SF APN / Parcel ID 24 28 18 209500 000010
Property Type Multifamily Zoning Description MF-22
Property Sub-type Garden/Low-Rise Features
  • Electricity/Power - Lakeland Electric
  • Water - City of Lakeland
  • Telephone - Verizon
  • Cable - Bright House
Property Use Type Investment
Listing ID: 15712317 Date Created: 05/14/2008 Last Updated: 09/17/2012

Description

BRAND NEW PRICE! / OWNER WILL CONSIDER FINANCING / GREAT RE-DEVELOPMENT OPPORTUNITY. Situated in the Garden District of downtown Lakeland, this 1.39 acre piece is ideally suited for a multi-family or mixed use development. Zoning is MF-22. The property currently has 2 buildings containing 12 apartments, 6 of which are rented and generates $39,000.00 of annual revenue. The property offers an opportunity to expand/renovate the existing rental buildings or to do a complete redevelopment in line with the city's plan for this area. Sale includes five (5) parcels: #24 28 18 209500 000010; #24 28 18 209500 000040; #24 28 18 209500 000052; #24 28 18 205000 023031 & #24 28 18 205000 023240.

The property is across the street from beautiful Hollis Gardens. It is within walking distance of the downtown area with its restaurants and night club spots.

Highlights

  • High Density
  • Downtown Area
  • Garden District

Utilities

  • Electricity/Power - Lakeland Electric
  • Water - City of Lakeland
  • Telephone - Verizon
  • Cable - Bright House

Research

725 Orange St. E., Lakeland, FL 33801 (Polk County)

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