LAKELAND, FL 33803 1005 S NEW YORK AVENUE

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Presented By: LAKELAND HOMES AND REALTY, LLC with 863-248-7260. - 863-248-7260
  • MLS# L4959665
  • 02/26/2026
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Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.
  • SQFT • 7,241

Home Details

Located in the heart of Lakeland’s highly desirable Dixieland District, this 9-unit multifamily property presents a strong income-producing opportunity with a proven, stabilized revenue stream. The concrete block building is constructed under one roof and consists of eight two-bedroom, one-bath units and one one-bedroom, one-bath unit. Each residence has been renovated and features durable, low-maintenance flooring throughout, making this a true turnkey investment. The property offers dedicated parking for each unit and an on-site laundry facility that provides added convenience for residents while generating additional income for the owner. Major capital improvements include a roof replacement in 2018 and air conditioning replacements in 7 of the 9 units within the past five years. Each unit is separately metered for electric and has its own hot water heater, while the landlord currently pays for water. With professional management already in place, no HOA restrictions, and strong operational fundamentals, this asset is well-positioned for both seasoned investors and those seeking a reliable 1031 Exchange opportunity in one of Lakeland’s most established and charming neighborhoods.
Presented By: LAKELAND HOMES AND REALTY, LLC with 863-248-7260. - 863-248-7260

Interior Features for 1005 S NEW YORK AVENUE

Bathrooms

Total Baths

Other Interior Features

LivingAreaSourcePublic Records
Air Conditioning Y/NYes
FlooringLuxury Vinyl
Heating Y/NYes
Window FeaturesBlinds

General for 1005 S NEW YORK AVENUE

Additional Parcels Y/NNo
AppliancesRefrigerator
Building Area UnitsSquare Feet
CityLAKELAND
Construction MaterialsConcrete
CoolingCentral Air
CountyPolk
DirectionsTake S Florida Ave (SR-37) North. Turn left onto W Highland St. 1005 S New York Ave, Lakeland, Florida 33803-1256. Complex will be on your left.
DockY/NNo
ElectricSeparate Meters
Flood Zone CodeX
Flood Zone Code XY
HeatingCentral
Legal DescriptionLAKE HUNTER HEIGHTS PB 2 PG 126 BLK A LOTS 1 TO 3
Listing TermsCash, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet19267
Lot Size UnitsSquare Feet
MLS Area33803 - Lakeland
New ConstructionNo
Occupancy TypeTenant
OwnershipCorporation
PossessionNegotiable
Property ConditionCompleted
Property TypeCommercial Sale
RoofShingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameLAKE HUNTER HEIGHTS
Tax Annual Amount10226
Tax Lot1
Tax Year2025
UtilitiesBB/HS Internet Capable, Electricity Available
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1977
ZoningRA-4

Exterior for 1005 S NEW YORK AVENUE

Building Area Total7241
Foundation DetailsSlab
Lot FeaturesCorner Lot, City Lot, Landscaped, Near Public Transit, Sidewalk, Street Lights
Lot Size Acres0.44
Lot Size Area19267
Number of Buildings1
Parking Features13 to 18 Spaces
Road Frontage TypeStreet Lights, Street Paved, City Street
Road ResponsibilityPublic Maintained Road
Road Surface TypePaved
Water SourcePublic, See Remarks
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Steven Pugh

Broker Associate | Team Leader
Price $1,375,000
MLS#L4959665
List Date 02/26/2026
Property Type Commercial
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Request Info
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