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Wade M. Berlin

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Tropic Shores Realty
The Real Estate Professional You Deserve
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1235 Morgan Drive
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PRICED AT ONLY: $229,900

Address: 1235 Morgan Drive, LAKELAND, FL 33801

Description

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.
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  • MLS#: TB8501961 ( Residential )
  • Street Address: 1235 Morgan Drive
  • Viewed: 16
  • Price: $229,900
  • Price sqft: $178
  • Waterfront: No
  • Year Built: 1958
  • Bldg sqft: 1292
  • Bedrooms: 4
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 11
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Other
  • Flooring: Tile
  • Living Area: 1146.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: None
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Other
  • Utilities: Public
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: None
  • Country: US
  • Furnished: Negotiable
  • Interior Features: Ninguno
  • Legal Description: WOODLAND ESTATES PB 39 PG 29 BLK D LOT 7
  • Levels: One
  • Area Major: 33801 - Lakeland
  • Occupant Type: Tenant
  • Parcel Number: 24-28-10-177600-004070
  • Views: 16
  • Zoning Code: R-2

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin