Price Reduced 4.35%

$219,900 ($191.88 per sqft)

Est. Mortgage $1,111/mo *

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Price History

$229,900
5/2/2026

$219,900
5/17/2026


1235 MORGAN DRIVE, Lakeland, FL, 33801

1235 MORGAN DRIVE, Lakeland, FL, 33801

3 rooms

4 beds

2 Full baths

1958

1,146 sqft

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.


Status:

Active

Type:

Single-family residential

Furnished Remarks:

Negotiable

Laundry Remarks:

Electric Dryer Hookup, Washer Hookup

Subdivision:

WOODLAND ESTATES

Heating:

Electric

Cooling:

Central Air

Levels:

1

Lot Size:

68 x 108

Acreage:

0.17

Est. Taxes:

$2,815

Construction

Block

Utilities

Public

Days on Market:

15

Appliances:

None

Min Lease Term:

No Minimum

MLS #:

TB8501961


Community Info

School Info

Walk Score

Yelp



Listing courtesy of GRAYSTONE REAL ESTATE 727-201-4011