Residential Property - Single Family Residence in Lakeland
Listing Price: $199,000
Description of Property
Investment Opportunity – Looking for a turnkey investment property with built-in cash flow? This 3-bedroom, 2-bathroom home with a garage is an excellent opportunity for investors seeking strong returns and reliable tenancy. The property is currently tenant-occupied on a month-to-month lease, providing consistent rental income and flexibility for new ownership. With an impressive cap rate of over 12%, this property delivers exceptional potential for steady cash flow and long-term growth. Located in Lakeland, this home offers convenient access to local schools, shopping, and major roadways, making it a desirable rental area with ongoing demand. Don’t miss this incredible investment opportunity—secure your next income-producing property at 1651 Fruitwood Dr today!
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Lakeland
County: Polk
Subdivision: Orangewood Community
Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 1,520
Sq. Ft. Living Area: 1,244
Cost per (heated) sqare foot: $160
Year built: 1994
Annual Tax: $2,230
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Washer
Flooring: Tile
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Block
Foundation: Slab
Roof: Shingle
Exterior Features: Private Mailbox
Garage: Yes
Garage Spaces: 1
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.14
Lot Size (sq. ft.): 5,998 square feet
Lot Dimensions: 60 x 100
Front Exposure: West
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 232812057101000490
Zoning: PUD
Tax Legal Desc.: ORANGEWOOD COMMUNITY PB 78 PG 50 LOT 49
Section: 12
Range: 23
Listing courtesy of GOLD REAL ESTATE SOLUTIONS. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

