1962 CRYSTAL GROVE DRIVE Lakeland, FL $ 675,000
1962 CRYSTAL GROVE DRIVE
$ 675,000
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1962 CRYSTAL GROVE DRIVE

Lakeland, FL, 33801
$ 675,000
Bedrooms8 Baths8.0 Sq 4,056

Monthly Estimate*

$ 4,262

1962 CRYSTAL GROVE DRIVE, Lakeland, FL 33801 - Image 1

Multi-Family Home for sale in Lakeland, FL

for $675,000 with 8 bedrooms and 8 full baths. This 4,056 square foot home was built in 1986 on a lot size of 0.27.

Investment Opportunity – 1962 Crystal Grove Drive **Fantastic investment opportunity!** This **4-unit multifamily building** offers an excellent opportunity for investors looking to add an income-producing property to their portfolio. Each unit features a desirable **2-bedroom, 2-bathroom layout**, providing comfortable living space and strong rental appeal. **Two of the four units are currently tenant occupied**, generating **$1,500 per month per occupied unit**, providing immediate rental income while leaving additional potential to maximize the property's overall income. The four-unit configuration offers flexibility for an investor looking to build long-term cash flow and benefit from the continued demand for rental housing. The property's location adds to its investment appeal, with convenient access to everyday shopping, restaurants, schools, parks, and major roadways. Residents can enjoy nearby outdoor recreation, including opportunities for walking, biking, fishing, boating, and exploring Florida's natural surroundings. The area also offers easy access to local entertainment, dining, and shopping, making it an attractive location for both current and future tenants. Nearby attractions and recreational destinations provide plenty of options for enjoying the Florida lifestyle. Whether you're an experienced investor or looking for your first multifamily investment, **1962 Crystal Grove Drive** presents an exciting opportunity with **four 2-bedroom, 2-bathroom units**, existing rental income, and additional potential to increase occupancy and cash flow. **Four units. Strong rental potential. Two units currently producing $1,500/month each. Don't miss this opportunity to add a versatile multifamily property to your investment portfolio!**

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Multi-Family Active

Price

$ 675,000

Bedrooms

8

Full Bath

8

Property Type

Multi-Family

Taxes

$ 5,943

Style

Quadruplex

Lot Size

0.27

Year Built

1986

Town/City

Lakeland

County/Region

Polk

MLS | Web ID

O6434625

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Zoning PUD
Construction Materials Concrete
Year Built 1986
Levels One
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
County Polk
New Construction false
Property Type Residential Income
Subdivision Name CRYSTAL GROVE
Garage Y/N false
Status Active
Directions From I-4: Take Exit 33 for Socrum Loop Road / FL-33 and head south on FL-33/Socrum Loop Road toward Lakeland. Continue approximately 3–4 miles then turn left onto Crystal Grove Drive. Follow Crystal Grove Drive to 1962 Crystal Grove Drive; the property will be on your side of the street.
City LAKELAND
Senior Community Y/N false
MLS Area 33801 - Lakeland
Lot Size Units Square Feet
Lot Size Square Feet 11827
Carport Y/N false
Listing Terms Cash Conventional
Land Lease Y/N false
Tax Annual Amount 5943.02
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot Q-32
Legal Description CRYSTAL GROVE PB 72 PG 33 LOT Q-32 LESS 1.25 FT
Minimum Lease 1-7 Days
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Other
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Laundry Room
Total Bedrooms 8
Total Baths 8
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Exterior
Exterior Amenities Garden
Water Source Public
Lot Size Area 11827
Foundation Details Block
Number of Buildings 1
Lot Dimensions 108 x 110
Lot Size Acres 0.27
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Trudeals Realty Corp

Broker

candace@trudealsrealty.com

Email

Affordability Calculator

$4,757
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,262
Monthly Property Taxes
$495
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
Pricing History
DatePricePrice ChangeDescription
8/18/2026$675,000 Listed Price

Map


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1962 CRYSTAL GROVE DRIVE, Lakeland, FL, 33801 is a Multi-Family Home for sale at $675,000 with 4,056 sqft and a lot size of 0.27. 1962 CRYSTAL GROVE DRIVE has 8 bedrooms, 8.0 baths, and was built in 1986. The property's zip code is 33801 which is in Lakeland, FL