2929 Nine Iron Drive, Lakeland, FL 33801

$499,000
8
BD
4
BA
3,400
SqFt
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List Price
$499,000
Status
Active
Days on Market
18
MLS#
L4963478
Property Style
Duplex
Year Built
1983
Bedrooms
8
Bathrooms
4
Living Area
3,400
Lot Size
15,355
Acres
0.35
Total Acreage
1/4 to less than 1/2
MLS Area Major
Lakeland
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813-495-1616

Property Description

Don't miss this exceptional investment opportunity featuring two duplexes on one lot, offering four income-producing units with immediate cash flow. Located at 2929 Nine Iron Drive and 2934 Eight Iron Drive in Lakeland, this rare multifamily property includes three occupied units and one vacant unit, providing immediate rental income while offering flexibility to lease the vacant unit at current market rates or occupy it yourself. Each unit features 2 bedrooms, 1 full bathroom, and washer/dryer hookups for added tenant convenience. Both duplexes received new roofs in 2019, helping reduce future maintenance costs. Ideally situated in a central Lakeland location, the property offers easy access to shopping, dining, schools, major roadways, and everyday conveniences, making it highly desirable for tenants and supporting strong long-term rental demand. Whether you're looking to expand your investment portfolio or acquire a well-positioned multifamily asset, opportunities like this are rare. With established rental income, additional upside through the vacant unit, and a prime location, this is an investment you won't want to miss.

813-495-1616
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Additional Information

Taxes
$5441
Minimum Lease
No Minimum
Community Features
No Deed Restriction
Property Description
One Story
Zoning
PUD
Interior Layout
Primary Bedroom Main Floor, Thermostat
Interior Features
Primary Bedroom Main Floor, Thermostat
Utilities
Electricity Connected, Public, Sewer Connected, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Concrete
Exterior Features
Lighting
Roof
Shingle
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
24-28-22-000000-042098
Legal Description
BEG SW COR OF SE1/4 OF SW1/4 RUN N 383.75 FT E 324.9 FT N 10 DEG 44 MIN E 253.17 FT N 17 DEG 21 MIN 20 SEC E 197.91 FT TO POB CONT N 17 DEG 21 MIN 20 SEC E 48.18 FT N 71DEG 50 MIN 30 SEC E 80.13 FT S 18 DEG 09 MIN 30 SEC E 180 FT S 71 DEG 50 MIN 30 S EC W 57.69 FT N 37 DEG 51 MIN 55 SEC W 149.54 FT TO POB BEING LOT 39 OF UNRE GOLFVIEW MANOR
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Listing courtesy of ALL COUNTY POLK PROPERTY MANAG. 863-510-5965

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