Headshot for Associate Michelle Hill
  1. Michelle Hill, ABR,AHWD,PA,PSA,REALTOR ®,SFR
  2. Tropic Shores Realty
  3. Mobile: 352.247.2177
6065 Bay Avenue Se, LAKELAND, FL 33812
  • MLS#: O6203342 ( Residential Income )
  • Street Address: 6065 Bay Avenue Se
  • Viewed: 11
  • Price: $1,050,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1973
  • Bldg sqft: 0
  • Days On Market: 234
  • Additional Information
  • Geolocation: 27.9674 / -81.8815
  • County: POLK
  • City: LAKELAND
  • Zipcode: 33812
  • Subdivision: Haskell
  • Provided by: SVN SAUNDERS RALSTON DANTZLER REAL ESTATE
  • Contact: Craig Morby
  • 863-648-1528
  • mfrmls
  • DMCA Notice
  • Description
    TREMENDOUS INCOME OPPORTUNITY! Located in one of the fastest growing areas of South Lakeland, this is multifamily development, consisting of 6 park owned mobile homes, and 7 single family (small) homes. The six mobile homes are part of the Florida Mobile Home Registry under Pa pa Bears Mobile Home park. The other 7 homes are part of the same parcel each have a separate mailing address. Current annual income of $131,580, with upside to grow to another 10% quickly. Lakeland and Polk County are among the fastest growing places in the U.S., as the City sits in the middle of Tampa and Orlando on the I 4 corridor. In the immediate area, new apartment developments have been built, and several shopping areas, including Publix, across the street. There are primary, middle and high schools very close by, and the main thoroughfare, US 98 stretches from the north side of Lakeland to the south side. The annual rental income is $131,560, and all expenses are detailed and accounted for, giving us a current cap rate of 8.26%
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Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
  2. Wall/Window Unit(s)
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Private Mailbox
Garage Spaces
  1. 0.00
Heating
  1. Central
  2. Other
Interior Features
  1. Other
Legal Description
  1. HASKELL PB 1 PG 5A TIER 7 BLK 2 LOTS 1 TO 4
Levels
  1. One
Living Area
  1. 7420.00
Lot Features
  1. In County
  2. Paved
Area Major
  1. 33812 - Lakeland
Net Operating Income
  1. 0.00
Parcel Number
  1. 24-29-14-283000-070210
Parking Features
  1. Common
  2. Driveway
Property Condition
  1. Completed
Property Type
  1. Residential Income
Roof
  1. Metal
  2. Other
Sewer
  1. Septic Tank
Tax Year
  1. 2023
Tenant Pays
  1. Electricity
  2. Water
Township
  1. 29
Utilities
  1. Electricity Connected
  2. Water Connected
Views
  1. 11
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/O6203342
Water Source
  1. Public
Year Built
  1. 1973
Zoning Code
  1. RL4
Liked Listings
Headshot for Associate Michelle Hill
  1. Michelle Hill, ABR,AHWD,PA,PSA,REALTOR ®,SFR
  2. Tropic Shores Realty
  3. Mobile: 352.247.2177