728 N CHESTNUT ROAD Lakeland, FL $ 750,000
728 N CHESTNUT ROAD
$ 750,000
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728 N CHESTNUT ROAD

Lakeland, FL, 33815
$ 750,000
Bedrooms-- Baths-- Sq 3,852

Monthly Estimate*

$ 4,618

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Commercial Property for sale in Lakeland, FL

for $750,000. This 3,852 square foot building was built in 1981 on a lot size of 0.4.

Excellent investment opportunity in Lakeland. Located at 728 N Chestnut Rd, this multi-family property offers strong income-producing potential in a convenient Central Florida location. Positioned near Downtown Lakeland, shopping, dining, schools, and major roadways, the property provides easy access to daily essentials and regional connectivity. This is a great opportunity for investors seeking rental income, portfolio expansion, or long-term value in a growing area. Its location offers quick access to major corridors, making commuting throughout Lakeland and surrounding areas convenient. Whether you are looking to add to your investment portfolio or secure a property with excellent upside potential, this Lakeland opportunity is worth a closer look. Schedule your showing today. If you want, I can also make it more aggressive for investors, more premium, or more specifically duplex / multi-family style.

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Commercial Active

Price

$ 750,000

Property Type

Commercial

Taxes

$ 1,730

Style

Multi Family (5+)

Lot Size

0.4

Year Built

1981

Town/City

Lakeland

County/Region

Polk

MLS | Web ID

S5146101

Features
General
Sewer Septic Tank
Heating Electric
Cooling Central Air Wall/Window Unit(s)
Utilities Electricity Available Phone Available Water Connected
Roof Other
Construction Materials Other
Year Built 1981
Property Subtype Multi Family (5+)
Tax Year 2025
Ownership Fee Simple
Gross Income 43440
Business Type Mobile/Trailer Park
Additional Parcels Description 23-28-15-000000-014070
County Polk
New Construction false
Property Type Business Opportunity
Subdivision Name NOT IN SUBDIVISION
Other Structures Storage
Status Active
City LAKELAND
Number Of Units Total 5
MLS Area 33815 - Lakeland
Lot Size Units Square Feet
Lot Size Square Feet 17398
Listing Terms Cash Other
Tax Annual Amount 1730.89
Additional Parcels Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/S5146101
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Legal Description BEG NE COR OF SW1/4 OF NE1/4 RUN W 150 FT S 162 1/2 FT E 150 FT N 162 1/2 FT TO POB LESS N 25 FT FOR RD R/W & LESS MAINT R/W
Water Access Y/N false
Water View Y/N false
Flood Zone Code x
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Features In County Near Golf Course
Water Source Public
Lot Size Area 17398
Foundation Details Crawlspace
Number of Buildings 5
Building Area Total 576
Lot Dimensions 137 x 125
Lot Size Acres 0.4
Road Surface Type Asphalt Concrete
Waterfront Y/N false
Road Frontage Type Other
Number of Lots 2
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Arod Partners Realty

Broker

alejandro@arodpartnersrealty.com

Email

Affordability Calculator

$4,762
Per Month
97%
3%
0%
Monthly Principal & Interest
$4,618
Monthly Property Taxes
$144
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
3/20/2026$750,000 Listed Price

Map


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728 N CHESTNUT ROAD, Lakeland, FL, 33815 is a Commercial Property for sale at $750,000 with 3,852 sqft and a lot size of 0.4. 728 N CHESTNUT ROAD was built in 1981. The property's zip code is 33815 which is in Lakeland, FL