Price Reduced 22.33%

$699,000 ($110.41 per sqft)

Pending

Est. Mortgage $3,308/mo *

Quick Pre-Approval

Price History

$900,000
8/19/2025

$850,000
9/10/2025

$800,000
10/13/2025

$750,000
11/3/2025

$725,000
12/4/2025

$699,000
12/22/2025


1310 N COMBEE ROAD, Lakeland, FL, 33801

1310 N COMBEE ROAD, Lakeland, FL, 33801

13 beds

1931

6,331 sqft

Under contract-accepting backup offers. Combee Apartments, is a stabilized *8-unit multifamily property located at 1310 N Combee Rd in Lakeland, Florida. Set on a large 2.2-acre parcel, this five-building complex combines long-term income stability with future development potential in the heart of Central Florida’s high-demand Polk County submarket. Built in 1950, the property includes a diverse unit mix of three 1-bedroom/1-bath units, four 2-bedroom/1-bath units, and one 2-bedroom/2-bath single-family home, totaling 6,331 square feet. All units are equipped with mini-split AC systems and feature block construction, slab foundations, and pitched shingle roofs. The layout allows for low-density living, ample tenant parking, and future flexibility. Electricity and water are separately metered and paid by tenants, while the landlord covers sewer (septic) and trash services. The property is currently leased with below-market rents, offering immediate value-add potential through lease adjustments. Strategically located near major employers, retail, and transportation corridors, Combee Apartments provides convenient access to downtown Lakeland and nearby I-4, making it an ideal choice for workforce housing. With solid bones, stable cash flow, and room for growth, this property represents a compelling opportunity for investors seeking scalability in one of Florida’s fastest-growing markets. *DISCLAIMER: TWO UNITS ARE NON-CONFORMING*


Status:

Pending

Type:

Multi-family

Laundry Remarks:

None

Units:

8

Subdivision:

LAKEWOOD PARK

Garage:

2-car

Heating:

Wall Units / Window Unit

Cooling:

Wall/Window Unit(s)

Acreage:

2.2

Est. Taxes:

$4,734

Construction

Concrete

Utilities

Electricity Connected, Sewer Nearby, Water Connected

Days on Market:

135

Lease Term Type:

12 Months

MLS #:

TB8419297


Community Info

School Info

Walk Score

Yelp


Listing courtesy of FLORIDA REALTY INVESTMENTS 407-207-2220