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1235 MORGAN DRIVE

House For Sale
$219,900

BTC: 3.49047619

ETH: 125.94501718

-$10K (2026/05/17)
33 days
4 bds
2 ba
1,146 sqft

Overview

Producing 3 bed / 2 bath home in central Lakeland's Combee Settlement area, currently leased through 07/31/2026 at $1,905/month. Built 1958, 1,146 sqft. The 3/2 configuration is the gold standard in single-family rental, commanding top-of-market rent and longer average tenancy. List $229,900 / estimated ARV $275,000, providing strong equity-capture margin. Lease expiration aligns with peak Florida leasing season for an ideal renewal or rent-reset window. Lakeland sits dead center in the I-4 growth corridor between Tampa and Orlando, one of Florida's strongest appreciation paths. Photo disclosure: Listing photos were taken prior to current tenant occupancy and may not reflect the property's present condition. Showings by appointment with required notice to tenant. Buyer and buyer's agent to verify all material facts. Sellers have never occupied this property.

Location

Florida • LAKELAND • 33801 • House • For Sale

Details

Type:
Residential
Parking:
No Data
Year Built:
1958
Lot:
0.17 Acres
Heating:
Electric
Price/sqft:
$192
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$220,000
$135K – $271K
Confidence Low
List vs. estimate
At estimate
List $219,900 · -0.0%
List is in line with recent comparable activity.
Price per sq ft
$191
-4.2% vs. city median $200
Based on
45 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,814
2025
Furnished
Negotiable
All facts and features

  • Flooring

    • Tile

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • None

    Other interior features

    • Ninguno

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Other

    Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 242810177600004070

    • Zoning: R-2

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $2,815

  • Source details

    • MLS ID: TB8501961

    Other facts

    • Construction Materials: Block

    • Foundation Details: Block

    • Laundry Features: Electric Dryer Hookup / Washer Hookup

    • Direction Faces: East

    • Living Area: 1146

    • Water Source: None

    • Lot Size Dimensions: 68 x 108

    • Subdivision Name: WOODLAND ESTATES

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33801
159
median $255K
Active
Same city
LAKELAND
1,187
median $339K
Active
Same type
House
848
median $364K
Active
Similar price
$153K – $285K
279
median $229K
Active

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: GRAYSTONE REAL ESTATE