For sale· 2 days on market
1216 FAIRWAY Drive
Lakeland, FL, 33801·MLS# L4964496
$299,900
Estimated $1,964/mo estimated
- 6
- Bedrooms
- 4
- Bathrooms
- 2,272
- Sq ft
- 0.30 ac
- Lot size
- 2003
- Year built
- $132
- Per sq ft
- Residential Income
- Built 2003
About this home
Great investment opportunity at 1216 Fairway Drive in Lakeland! This well-maintained duplex offers two spacious 3-bedroom, 2-bathroom units, each featuring a desirable split-bedroom floorplan designed for privacy and comfortable living. Both units are currently occupied and secured by 12-month leases, providing immediate rental income and stability for the next owner. The property generates $28,890 in annual rental income, making it an excellent addition to an investment portfolio. Unit 1216 had new AC and Water Heater installed in 2025. Located in Lakeland with convenient access to local shopping, dining, schools, employment centers, and major roadways. Whether you're looking to expand your rental portfolio or seeking a property with established tenants and income from day one, this duplex is worth a look.
Facts & features
Interior
- Bedrooms
- 6
- Bathrooms
- 4 full
- Living area
- 2,272 sqft
Property
- Type
- ResidentialIncome
- Year built
- 2003
- Lot size
- 0.3 acres
Financial
- Annual taxes
- $4,643.68
- Price / sqft
- $132
Estimate your monthly payment
$1,964/ month estimated
- Principal & interest$1,564
- Property tax$275
- Insurance$125
Illustrative estimate — not a lending offer.
Location
Lakeland, FL
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Courtesy of ALL COUNTY POLK PROPERTY MANAG
reThought Real Estate
My local team · (407) 974-5509
$299,900
6 bd · 4 ba · 2,272 sqft