Exceptional investment opportunity! Two adjacent lots for sale (each priced individually; see MLS# P4933411). Both parcels must be purchased together. Ideal for multi-family residential development. Located in the growing city of Lakeland, centrally positioned between Tampa and Orlando, with convenient access to I-4, major hospitals, shopping, and downtown. Zoned MF-22, this lot is well-suited for multi-family construction and offers strong rental income potential. Purchasing both parcels allows for a larger-scale development project. A great opportunity for builders and investors looking to capitalize on Lakeland’s continued growth and prime location. Buyers are advised to conduct their own thorough due diligence and any inspections they deem necessary to confirm that the property meets their expectations. All information provided is sourced from public records and is deemed reliable but not guaranteed.
515 W MAGNOLIA STREET, Lakeland, FL, 33815
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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