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1887 CRYSTAL GROVE DRIVE

Multi-family Active With Contract
$625,000

BTC: 7.76590457

ETH: 256.99013158

New
6 bds
3,886 sqft

Overview

Under contract-accepting backup offers. **Fantastic Multifamily Investment Opportunity in Lakeland!** Discover the potential at 1887 Crystal Grove Drive, a four-unit multifamily property located in the established Crystal Grove neighborhood of Lakeland. Featuring four individual 2-bedroom, 2-bathroom units, this property offers an attractive opportunity for investors looking to expand their rental portfolio or explore long-term income potential. The property offers approximately 3,896 square feet of building area, with a practical unit configuration designed to appeal to a variety of renters. Convenient features include central air conditioning, city water, and public sewer. Whether you are an experienced investor or looking for your next multifamily acquisition, this property presents an opportunity to own an income-producing asset in a growing Central Florida market. Enjoy convenient access to Lakeland's shopping, dining, and recreational destinations. Nearby attractions include **Lake Mirror and its scenic waterfront promenade, Hollis Garden, Lake Morton, and Munn Park in downtown Lakeland**. For outdoor enthusiasts, Bonnet Springs Park offers walking trails, gardens, playgrounds, and open green spaces. The area also provides access to local restaurants, entertainment, and everyday conveniences. Conveniently located in Lakeland, between Tampa and Orlando, this multifamily property offers the potential to benefit from the area's established rental market and Central Florida location. **Four units, eight bedrooms in total, and an opportunity to build your investment portfolio—bring your vision and explore the possibilities at Crystal Grove!**

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1986
Lot:
0.33 Acres
Heating:
Central
Price/sqft:
$161
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$5,924
2025
Pets
Allowed
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 6

  • Property

    • Exterior Features: Garden

    Lot

    • Lot: 0.33 Acres

    Other Property Information

    • Parcel Number: 242828247010017310

    • Zoning: PUD

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • Cable Available

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $5,924

  • Source details

    • MLS ID: O6451551

    Other facts

    • Construction Materials: Block

    • Foundation Details: Block

    • Laundry Features: Other

    • Living Area: 3886

    • Water Source: Public

    • Lot Size Dimensions: 139 x 138

    • Subdivision Name: CRYSTAL GROVE

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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: TRUDEALS REALTY CORP