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214 N CHESTNUT ROAD 6 Lakeland, FL $ 695,000
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$ 695,000 Get more info
214 N CHESTNUT ROAD 6
$ 695,000
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214 N CHESTNUT ROAD 6

Lakeland, FL, 33815
$ 695,000
Bedrooms-- Baths-- Sq 2,975

Monthly Estimate*

$ 4,388

214 N CHESTNUT ROAD 6, Lakeland, FL 33815 - Image 1
214 N CHESTNUT ROAD 6, Lakeland, FL 33815 - Image 2
214 N CHESTNUT ROAD 6, Lakeland, FL 33815 - Image 3
214 N CHESTNUT ROAD 6, Lakeland, FL 33815 - Image 4
214 N CHESTNUT ROAD 6, Lakeland, FL 33815 - Image 5
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Commercial Property for sale in Lakeland, FL

for $695,000. This 2,975 square foot building was built in 1982 on a lot size of 0.2.

Fully leased 6-unit multifamily in the heart of Lakeland — six 1BD/1BA units at approximately 496 sq ft each, all occupied and producing from day one. Every unit has its own electric meter and central A/C, keeping tenants self-sufficient and owner expenses lean. Solid concrete construction means durability and low maintenance year after year. City water with private septic. Steps from the best of downtown: Lake Mirror, Hollis Garden, Bonnet Springs Park, the Polk Theatre, and Florida Southern College. True turnkey cash flow in one of Central Florida's fastest-growing markets — the kind of asset that rarely comes available.

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Commercial Active

Price

$ 695,000

Property Type

Commercial

Taxes

$ 11,702

Style

Multi Family (5+)

Lot Size

0.2

Year Built

1982

Town/City

Lakeland

County/Region

Polk

MLS | Web ID

TB8534756
Features
General
Sewer Septic Tank
Cooling Central Air
Utilities Electricity Available Phone Available Public Telephone Nearby
Appliances Refrigerator
Zoning PUD
Security Features Smoke Detector(s)
Construction Materials Concrete
Year Built 1982
Levels One
Unit Number 6
Property Subtype Multi Family (5+)
Tax Year 2025
Ownership Fee Simple
Gross Income 74400
County Polk
New Construction false
Property Type Commercial Sale
Status Active
Directions From I-4 take Exit 32 (US-98 / Lakeland) and head north on US-98 for about 3 miles. Turn onto E Memorial Blvd then turn onto N Chestnut Rd — the property is on the right just off the highway.
City LAKELAND
Number Of Units Total 6
MLS Area 33815 - Lakeland
Lot Size Units Square Feet
Lot Size Square Feet 8756
Listing Terms Cash Owner May Carry
Tax Annual Amount 11702
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8534756
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Legal Description BEG 535PT1 FT S OF NE COR OF E1/4 OF SW1/4 OF SE1/4 RUN W 155 FT S 65 FT E 155 FT N TO BEG LESS MAINT R/W
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
DockY/N false
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Interior
Total Stories 1
Air Conditioning Y/N true
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 8756
Foundation Details Concrete Perimeter
Number of Buildings 1
Building Area Total 3999
Lot Size Acres 0.2
Road Surface Type Brick Concrete
Waterfront Y/N false
Road Frontage Type City Street
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* Excluded Features
List By
Lokation

Broker

Palmspag@gmail.com

Email

Affordability Calculator

$5,363
Per Month
82%
18%
0%
Monthly Principal & Interest
$4,388
Monthly Property Taxes
$975
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/10/2026$695,000 Listed Price

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214 N CHESTNUT ROAD 6, Lakeland, FL, 33815 is a Commercial Property for sale at $695,000 with 2,975 sqft and a lot size of 0.2. 214 N CHESTNUT ROAD 6 was built in 1982. The property's zip code is 33815 which is in Lakeland, FL

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