Property

LAKELAND, FL 33803 1016 MISSISSIPPI AVENUE 101, 102 & 103

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1016 MISSISSIPPI AVENUE 101, 102 & 103 LAKELAND, FL - Image 11016 MISSISSIPPI AVENUE 101, 102 & 103 LAKELAND, FL - Image 21016 MISSISSIPPI AVENUE 101, 102 & 103 LAKELAND, FL - Image 3
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Presented By: S & D REAL ESTATE SERVICE LLC with 863-824-7169. - 863-824-7169
  • Stellar MLS
  • MLS# L4959775
  • 02/26/2026
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Disclaimer: The information contained in this listing has not been verified by LoKation® Real Estate and should be verified by the buyer.
  • Beds • 5
  • Baths • 3
  • SQFT • 2,454
  • Garage • 2

Home Details

Under contract-accepting backup offers. Exceptional investment opportunity featuring three rental units (101, 102 and 103) across two separate buildings. The unit mix includes a 1-bedroom/1-bath, and two 2-bedroom/1-bath units, offering strong rental flexibility and broad tenant appeal. One building is configured in a duplex-style layout, while the second building features a private second-floor 1/1 unit, creating separation and privacy across the property. Ideally located near shops, scenic lakes, colleges, and parks, this property consistently attracts tenants seeking both convenience and lifestyle amenities. Recent capital improvements provide peace of mind, including a brand-new roof, new air conditioning system, and complete electrical rewiring. The buildings were completely renovated and remodeled in 2020. The property is currently tenant-occupied on month-to-month leases, delivering immediate income while allowing flexibility for future adjustments. An added bonus: the sale includes the existing property website; professionally designed to showcase and advertise the property—offering a turnkey marketing advantage for continued rental success. A well-maintained, income-producing property with solid upgrades and built-in marketing—an outstanding opportunity for investors or owner-occupants alike. Accessible unit will not be ready until the 15th of March.
Presented By: S & D REAL ESTATE SERVICE LLC with 863-824-7169. - 863-824-7169

Interior Features for 1016 MISSISSIPPI AVENUE 101, 102 & 103

Bedrooms

Total Bedrooms5

Bathrooms

Half Baths0
Total Baths3

Other Interior Features

LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringLuxury Vinyl
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesOther
Laundry FeaturesInside
Total Stories1

General for 1016 MISSISSIPPI AVENUE 101, 102 & 103

Additional Parcels Y/NNo
AppliancesOther
Attached Garage Yes
Building Area UnitsSquare Feet
Carport Y/NNo
CityLAKELAND
Construction MaterialsBlock
CoolingCentral Air
CountyPolk
DirectionsFrom S. Florida Ave. Turn onto E Charles St. Make a right onto Mississippi Ave. Home is about four blocks down on the left.
Facing DirectionWest
Flood Zone CodeX
Flood Zone Code XY
Full Baths3
Garage Spaces2
Garage Y/NYes
HeatingHeat Pump
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionDIXIELAND PB 1 PG 67 BLK 13 LOT 8 N1/2 & N1/2 OF 9
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet7248
Lot Size UnitsSquare Feet
MLS Area33803 - Lakeland
Minimum LeaseNo Minimum
Nueva construcciónNo
Occupancy TypeTenant
OwnershipFee Simple
Property SubtypeSingle Family Residence
Property TypeResidencial
RoofShingle
STELLAR_InLawSuiteYNNo
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusPending
StatusPending
Subdivision NameDIXIELAND ADD/LAKELAND
Tax Annual Amount7017.62
Tax Lot8
Tax Year2025
Total Rooms12
Unit Number101, 102 & 103
UtilitiesOther
Virtual TourClick here
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1947
ZoningRA-4

Exterior for 1016 MISSISSIPPI AVENUE 101, 102 & 103

Building Area Total2635
Covered Spaces2
Exterior AmenitiesOther
Foundation DetailsCrawlspace
Lot Dimensions72.5 x 100
Lot Size Acres0.17
Lot Size Area7248
Private PoolNo
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Magdi Bishara

Precio $599,000
MLS#L4959775
List Date 02/26/2026
Property Type Single Family
Teléfono (727) 804-0606
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