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ActivePrice improved $4,900132 days on market
$225,000$229,900

1235 MORGAN DRLAKELAND, FL 33801WOODLAND ESTATES · Single Family Residence

4Beds
2Baths
1,146Sq ft
0.17 acLot
1958Built

About this home

Producing 3 bed / 2 bath home in central Lakeland's Combee Settlement area, currently leased through 07/31/2027 at $1,875/month (plus tenant pays for a $60 benefits package). 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 $225,000 / 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'…

Description as provided by the listing brokerage.

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The details

StatusActive
MLS #MFRTB8501961
Property typeSingle Family Residence
Year built1958
Lot size0.17 ac
Living area1,146 sq ft
Price per sq ft$196
CDDNo
Taxes$2,815
Days on market132
CountyPolk
Flood zoneX (verify)
FurnishedNegotiable
ListedApr 25, 2026

Where it sits

Approximate location shown. Exact address available on request per listing brokerage.

Where you'd be
WOODLAND ESTATES, Florida

LAKELAND · Polk County

MLS# MFRTB8501961Listing courtesy of GRAYSTONE REAL ESTATELast updated Sep 25, 2026, 10:03 AM

Based on information submitted to the MLS GRID as of Sep 25, 2026, 2:03 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Offer of compensation is made only to participants of the MLS where the listing is filed.

This information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

$225,0001235 MORGAN DR · LAKELAND
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