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704 W ALAMO DRIVE Lakeland, FL $ 449,000
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704 W ALAMO DRIVE
$ 449,000
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704 W ALAMO DRIVE

Lakeland, FL, 33813
$ 449,000
Bedrooms6 Baths4.0 Sq 2,050

Monthly Estimate*

$ 2,765

704 W ALAMO DRIVE, Lakeland, FL 33813 - Image 1
704 W ALAMO DRIVE, Lakeland, FL 33813 - Image 2
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704 W ALAMO DRIVE, Lakeland, FL 33813 - Image 4
704 W ALAMO DRIVE, Lakeland, FL 33813 - Image 5
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704 W ALAMO DRIVE, Lakeland, FL 33813 - Image 7
704 W ALAMO DRIVE, Lakeland, FL 33813 - Image 8
704 W ALAMO DRIVE, Lakeland, FL 33813 - Image 9
704 W ALAMO DRIVE, Lakeland, FL 33813 - Image 10
704 W ALAMO DRIVE, Lakeland, FL 33813 - Image 11
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Multi-Family Home for sale in Lakeland, FL

for $449,000 with 6 bedrooms and 4 full baths. This 2,050 square foot home was built in 1977 on a lot size of 0.34.

Cash-flowing duplex investment in South Lakeland with separate utilities, strong rental demand, and immediate upside. Located at 704–706 W Alamo Drive, this turnkey multi-family property offers a rare opportunity to own an income-producing asset in a rapidly appreciating area. Each unit features private entrances, updated interiors, and durable luxury vinyl plank flooring throughout. One unit is vacant and move-in ready — perfect for house hacking or an owner-occupant. The second unit is tenant-occupied on a month-to-month lease, providing flexibility for investors. Bonus features include an enclosed garage, covered carport, off-street parking, and a large yard with outbuilding/workshop potential. No HOA. Flood zone X. This property is ideal whether you’re building a rental portfolio, looking for low-maintenance cash flow, or seeking future redevelopment potential close to downtown Lakeland, shopping, dining, and major roadways. Income-producing properties like this are rare in today’s market.

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Multi-Family Active

Price

$ 449,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,183

Style

Duplex

Lot Size

0.34

Year Built

1977

Town/City

Lakeland

County/Region

Polk

MLS | Web ID

TB8463540
Features
General
Sewer Septic Tank
Heating Central
Cooling Central Air
Utilities BB/HS Internet Available Electricity Available Electricity Connected
Possession Close Of Escrow
Roof Metal
Appliances Dishwasher Electric Water Heater Refrigerator
Zoning R-2
Garage Spaces 2
Security Features Smoke Detector(s)
Construction Materials Block
Year Built 1977
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Additional Parcels Description N/A
County Polk
New Construction false
Property Type Residential Income
Attached Garage false
Subdivision Name ALAMO VILLAS
Garage Y/N true
Other Structures Finished RV Port Storage Workshop
Status Active
Directions Head south on FL-37 S ? 0.1 mi Turn right onto W Alamo Dr ? Destination will be on the left
City LAKELAND
Senior Community Y/N false
Number Of Units Total 2
MLS Area 33813 - Lakeland
Lot Size Units Square Feet
Lot Size Square Feet 14749
Carport Spaces 1
Carport Y/N true
Listing Terms Cash Conventional FHA VA Loan
Land Lease Y/N false
Tax Annual Amount 4183.67
Additional Parcels Y/N true
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8463540
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 19
Legal Description N 190 FT OF E 90 FT OF W1/2 OF NE1/4 OF NW1/4 LESS N 25 FT FOR RD R/W BEING LOT 19 OF UNRE ALAMO VILLAS
Water Access Y/N false
Additional Rooms Family Room
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Ceiling Fan(s) Skylight(s)
Flooring Ceramic Tile
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N false
Laundry Features Inside Laundry Closet
Total Bedrooms 6
Total Baths 4
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Exterior
Exterior Amenities Storage
Parking Features Boat Garage Door Opener Garage Faces Rear Off Street Workshop in Garage
Lot Features City Lot In County Level
Water Source Public
Lot Size Area 14749
Foundation Details Slab
Number of Buildings 1
Lot Size Acres 0.34
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Covered Spaces 3
Road Frontage Type Street Paved
Number of Lots 1
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* Excluded Features
List By
Flat Fee Mls Realty

Broker

Team@flatfeemlsrealty.com

Email

Affordability Calculator

$3,113
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,765
Monthly Property Taxes
$349
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/13/2026$449,000 Listed Price

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704 W ALAMO DRIVE, Lakeland, FL, 33813 is a Multi-Family Home for sale at $449,000 with 2,050 sqft and a lot size of 0.34. 704 W ALAMO DRIVE has 6 bedrooms, 4.0 baths, and was built in 1977. The property's zip code is 33813 which is in Lakeland, FL

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