1310 N COMBEE RD new

Lakeland,FL 33801

$ 900000

13 Beds

9 Baths

6331 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,331 sqft

Price per Sqft $142

Subdivision Lakewood Park

MLS Listing ID TB8419297

Bedrooms 13

Year Built 1931

Annual Tax Amount $4,734

Lot Size 2.200 Acres

Property Sub-Type Multi Family

Property Description

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.

Location

State FL

County Polk

Community Lakewood Park

Area 33801 - Lakeland

Zoning C-3

Interior

Heating Ductless

Cooling Wall/Window Unit(s)

Laundry None

Exterior

Exterior Feature Sidewalk

Garage Spaces 2.0

Utilities Available Electricity Connected,Sewer Nearby,Water Connected

Roof Type Shingle

Building

Foundation Slab

Sewer Septic Needed

Water Public

Structure Type Concrete

New Construction false

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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