LAKELAND, FL 33801 1235 MORGAN DRIVE
$229,900
4 more
Presented By: GRAYSTONE REAL ESTATE with 727-201-4011. - 727-201-4011
- MLS# TB8501961
- 04/26/2026
Disclaimer: The information contained in this listing has not been verified by LoKation® Real Estate and should be verified by the buyer.
Beds • 4
Baths • 2
SQFT • 1,146
Home Details
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.
Presented By: GRAYSTONE REAL ESTATE with 727-201-4011. - 727-201-4011
Interior Features for 1235 MORGAN DRIVE
Bedrooms
Total Bedrooms4
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringTile
Furnished Y/NNegotiable
Heating Y/NYes
Interior AmenitiesNinguno
Laundry FeaturesElectric Dryer Hookup, Washer Hookup
Total Stories1
General for 1235 MORGAN DRIVE
Additional Parcels Y/NNo
AppliancesNone
Building Area UnitsSquare Feet
Carport Y/NNo
CityLAKELAND
Construction MaterialsBlock
CoolingCentral Air
CountyPolk
DirectionsFrom I-4, take Exit 32 toward US-98. Head south on US-98, turn left onto E Memorial Blvd, then left onto N Combee Rd. Turn right onto Morgan Dr — property will be on your right.
Facing DirectionEast
Flood Zone CodeX
Flood Zone Code XY
Full Baths2
Garage Y/NNo
HeatingElectric
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionWOODLAND ESTATES PB 39 PG 29 BLK D LOT 7
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet7379
Lot Size UnitsSquare Feet
MLS Area33801 - Lakeland
Minimum LeaseNo Minimum
New ConstructionNo
Occupancy TypeTenant
OwnershipFee Simple
Property SubtypeSingle Family Residence
Property TypeResidential
RoofShingle
STELLAR_InLawSuiteYNNo
Senior Community Y/NNo
SewerOther
Standard StatusActive
StatusActive
Subdivision NameWOODLAND ESTATES
Tax Annual Amount2814.58
Tax Lot7
Tax Year2025
Total Rooms3
UtilitiesPublic
Water Access Y/NNo
Water View Y/NNo
Year Built1958
ZoningR-2
Exterior for 1235 MORGAN DRIVE
Building Area Total1292
Exterior AmenitiesOther
Foundation DetailsBlock
Lot Dimensions68 x 108
Lot Size Acres0.17
Lot Size Area7379
Private PoolNo
Road Surface TypeAsphalt
Water SourceNone
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
Luz Sheehan
SELLS HOMES PALM BEACH
