115 EMMA Street
Property Description
Don't miss this exceptional redevelopment and income-producing opportunity in the rapidly growing Lakeland market. Situated on a single parcel, this property consists of three total residential units across two separate buildings: * One duplex with separate electric meters for each unit. * One detached single-family home. Included with the sale are professionally completed Mechanical, Electrical, and Plumbing (MEP) plans, providing a significant head start for redevelopment and substantially reducing the time and expense required before construction. Proposed Redevelopment Plans * Detached Single-Family Home: Reconfigured into a modern 3-bedroom, 2-bathroom residence. * Duplex: Complete redesign into two expansive 5-bedroom, 3-bathroom units, creating a total of 13 bedrooms and 8 bathrooms across the property. The proposed layouts maximize rental potential while incorporating modern floor plans, updated building systems, and efficient use of space. Whether your strategy is traditional multifamily rentals, co-living, workforce housing, or another high-income rental model, this property offers exceptional flexibility. Located just minutes from downtown Lakeland with convenient access to Interstate 4, the property benefits from strong rental demand while offering easy access to both Tampa and Orlando.
Broker Details
Blue Lighthouse Realty, Inc. (305) 244-7242
MLS ID: 277008888 State License Number: 277008888
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $349,900 |
| Year Built: | 1900 |
| Lot Size: | 2,696.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 7 |
| Number of Bathrooms: | 5 |
ID: 3yd-MFRMLSFL-O6421108
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