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714 TEXAS AVENUE

Multi-family For Sale
$420,000

BTC: 7.10179236

ETH: 270.96774194

New
0 room(s)
1,291 sqft

Overview

Located in the heart of Lakeland, FL, this fully remodeled, fully furnished multi-unit property presents an exceptional turnkey investment opportunity with strong income potential and long-term stability. The property features two separate buildings thoughtfully designed for both comfort and functionality. Building A includes a spacious 3-bedroom, 1-bath unit along with a well-appointed 1-bedroom, 1-bath apartment. Building B features two desirable 2-bedroom, 1-bath units—currently operated as a corporate rental, providing added flexibility and attractive income potential. All units have been recently renovated and come fully furnished, making them move-in or rent-ready from day one. Interior upgrades include a combination of durable vinyl/carpet flooring, convenient interior laundry hookups, and private fenced yard space—features that consistently appeal to renters. While utilities are currently included for the corporate rental in Building B, each unit is individually metered, offering the option for separate billing if desired. The property already generates reliable income, with an existing tenant in Building A paying $1,350/month (lease through 4/30/2027), while Building B is secured with a lease in place paying $1,850/month through 1/31/2027, ensuring immediate cash flow and peace of mind. Situated on Texas Ave, this location provides easy access to local shopping, dining, schools, and major transportation routes, all within a welcoming and established neighborhood. Whether you’re expanding your portfolio or seeking a turnkey, income-producing asset in a thriving community, this property delivers both value and opportunity. DO not Disturb tenants.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1970
Lot:
0.33 Acres
Heating:
Central
Price/sqft:
$325
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$3,628
2025
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Microwave

    • Refrigerator

    Other interior features

    • Other

  • Property

    • Exterior Features: Other

    Lot

    • Lot: 0.33 Acres

    Other Property Information

    • Parcel Number: 232813067500002010

    • Zoning: RA-4

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $3,628

  • Source details

    • MLS ID: O6420010

    Other facts

    • Construction Materials: Stucco

    • Foundation Details: Crawlspace

    • Laundry Features: Common Area / Electric Dryer Hookup / Washer Hookup

    • Living Area: 1291

    • Water Source: Public

    • Subdivision Name: BOWYERS SUB

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BEYCOME OF FLORIDA LLC