1016 MISSISSIPPI AVENUE 101 Lakeland, FL $ 599,000
1016 MISSISSIPPI AVENUE 101
$ 599,000
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1016 MISSISSIPPI AVENUE 101

Lakeland, FL, 33803
$ 599,000
Bedrooms5 Baths3.0 Sq 2,454

Monthly Estimate*

$ 3,688

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Single Family Home for sale in Lakeland, FL

for $599,000 with 5 bedrooms and 3 full baths. This 2,454 square foot home was built in 1947 on a lot size of 0.17.

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.

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Single Family Active

Price

$ 599,000

Bedrooms

5

Full Bath

3

Property Type

Single Family

Taxes

$ 7,017

Style

Single Family Residence

Lot Size

0.17

Year Built

1947

Town/City

Lakeland

County/Region

Polk

MLS | Web ID

L4959775

Features
General
Sewer Public Sewer
Heating Heat Pump
Cooling Central Air
Utilities Other
Roof Shingle
Appliances Other
Zoning RA-4
Garage Spaces 2
Construction Materials Block
Year Built 1947
Levels Two
Unit Number 101
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Polk
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name DIXIELAND ADD/LAKELAND
Facing Direction West
Garage Y/N true
Total Rooms 12
Full Baths 3
Status Active
Directions From S. Florida Ave. Turn onto E Charles St. Make a right onto Mississippi Ave. Home is about four blocks down on the left.
City LAKELAND
Senior Community Y/N false
MLS Area 33803 - Lakeland
Lot Size Units Square Feet
Lot Size Square Feet 7248
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 7017.62
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/L4959775 https://www.trio-at-hollingsworth.com/
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 8
Legal Description DIXIELAND PB 1 PG 67 BLK 13 LOT 8 N1/2 & N1/2 OF 9
Minimum Lease No Minimum
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Other
Flooring Luxury Vinyl
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Inside
Total Bedrooms 5
Total Baths 3
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Exterior
Exterior Amenities Other
Water Source Public
Lot Size Area 7248
Foundation Details Crawlspace
Building Area Total 2635
Lot Dimensions 72.5 x 100
Lot Size Acres 0.17
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
Covered Spaces 2
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* Excluded Features
List By
S & D Real Estate Service Llc

Broker

solomongallant@gmail.com

Email

Affordability Calculator

$4,273
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,688
Monthly Property Taxes
$585
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
Pricing History
DatePricePrice ChangeDescription
3/4/2026$599,000 Listed Price

Map


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1016 MISSISSIPPI AVENUE 101, Lakeland, FL, 33803 is a Single Family Home for sale at $599,000 with 2,454 sqft and a lot size of 0.17. 1016 MISSISSIPPI AVENUE 101 has 5 bedrooms, 3.0 baths, and was built in 1947. The property's zip code is 33803 which is in Lakeland, FL