1235 MORGAN DR, LAKELAND, FL 33801

$219,900

Active · 75 days on market · MLS# MFRTB8501961

Bedrooms4
Bathrooms2
Living area1,146 sq ft
Lot size0.17 acres
Year built1958
Property typeSingle Family Residence
Private poolYes
WaterfrontYes
Annual taxes$2,815
CountyPolk

About this home

Producing 3 bed / 2 bath home in central Lakeland's Combee Settlement area, currently leased through 07/31/2027 at $1,875/month (plus tenant pays for a $60 benefits package). 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.

Listing courtesy of Bradley Dreher, GRAYSTONE REAL ESTATE. Presented by MC Homes Realty Inc · 727432218.

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