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$299,900
6 Beds 4 Baths L4964496 MLS
Great investment opportunity at 1216 Fairway Drive in Lakeland! This well-maintained duplex offers two spacious 3-bedroom, 2-bathroom units, each featuring a desirable split-bedroom floorplan designed for privacy and comfortable living. Both units are currently occupied and secured by 12-month leases, providing immediate rental income and stability for the next owner. The property generates $28,890 in annual rental income, making it an excellent addition to an investment portfolio. Unit 1216 had new AC and Water Heater installed in 2025. Located in Lakeland with convenient access to local shopping, dining, schools, employment centers, and major roadways. Whether you're looking to expand your rental portfolio or seeking a property with established tenants and income from day one, this duplex is worth a look.

1216 Fairway Drive, Lakeland

$259,000
4 Beds 4 Baths O6393024 MLS
This investment or starter property is available for purchase in its current (AS-IS) condition. It is a duplex located within the Secret Cove subdivision, conveniently positioned near Reynolds Road. The front unit offers two bedrooms and two bathrooms, while the rear unit provides two bedrooms and one-and-a-half bathrooms. Utility costs, including electricity and water, are the responsibility of the tenants. Currently, the front unit is occupied by a long-term tenant on a month-to-month lease, whereas the rear unit is vacant. Notable improvements include a new roof installed in March 2021 and both air conditioning systems replaced approximately six years ago. Both units feature fully tiled interiors for ease of maintenance. For further information or to arrange a viewing, please contact us, thank you.

1050 Captiva Point, Lakeland

$239,000
5 Beds 4 Baths G5110900 MLS
Excellent income-producing opportunity in Lakeland featuring a main residence plus detached in-law suite (ADU). The main home offers 3 bedrooms, 2.5 bathrooms, plus a den/office (which can be used as a 4th room), while the rear unit includes 1 bedroom, 1 bathroom, and a kitchen — ideal for rental income, multi-generational living, or living in one while renting the other! Strong upside potential with the ability to generate multiple income streams. With improvements and stabilization, similar properties in the area have supported combined rents in the ~$2,500–$3,000+/month range (buyer to independently verify). The In-Law Suite is currently on rent for $1000/month with a month to month lease, that's immediate income! Property includes a fenced backyard, additional storage structures, and an in-ground pool. The pool is currently not in service and will require repair or restoration. Being sold AS-IS, this property presents a great opportunity for investors or buyers looking to add value and maximize returns. Conveniently located near shopping, major roads, and central Lakeland amenities.

408 Longfellow Boulevard, Lakeland

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