Incredible Investment Opportunity! Whether you’re an experienced investor or just starting to build your portfolio, this multi-unit property provides excellent rental potential. Each unit is well-maintained, ensuring steady cash flow with long-term tenants or short-term rental possibilities. Conveniently located in a high-demand rental area, this property is close to shopping, dining, and major highways, making it attractive to tenants. Don’t miss out on this rare chance to own a turnkey investment with immediate income potential!
Sold for $285,000
$285,000
5345 Drane Field Rd, Lakeland, FL 33811
--beds
0baths
1,800sqft
Duplex, Multi Family
Built in 1980
-- sqft lot
$276,400 Zestimate®
$158/sqft
$1,390 Estimated rent
Home value
$276,400
$252,000 - $304,000
$1,390/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 24, 2025 at 06:10am
Listing Provided by:
Solomon Gallant 863-608-8882,
S & D REAL ESTATE SERVICE LLC 863-824-7169
Bought with:
Luis Perez Garcia, 3391246
EXP REALTY LLC
Source: Stellar MLS,MLS#: L4950961
Originating MLS: Lakeland
Originating MLS: Lakeland
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Laundry: Other
Features
- Other
- Has fireplace: No
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 0.28 Acres
- Dimensions: 111.8 x 109
Details
- Parcel number: 232831000000044130
- Zoning: R-2
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1980
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Other
Community & neighborhood
Location
- Region: Lakeland
- Subdivision: NOT IN A SUBDIVISION
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Ownership: Fee Simple
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 6/20/2025 | Sold | $285,000-4.7%$158/sqft |
Source:  Stellar MLS #L4950961 Report a problem | ||
| 5/5/2025 | Pending sale | $299,000$166/sqft |
Source: Stellar MLS #L4950961 Report a problem | ||
| 4/25/2025 | Price change | $299,000-66.8%$166/sqft |
Source: Stellar MLS #L4950961 Report a problem | ||
| 2/21/2025 | Listed for sale | $900,000$500/sqft |
Source: Stellar MLS #L4950961 Report a problem | ||
| 8/3/2012 | Listing removed | $550 |
Source: Your Rental Connection, Inc. Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 33811
Nearby schools
GreatSchools rating
- 3/10Jesse Keen Elementary SchoolGrades: PK-5Distance: 4.9 mi
- 1/10Sleepy Hill Middle SchoolGrades: 6-8Distance: 7.8 mi
- 2/10Kathleen Senior High SchoolGrades: PK,9-12Distance: 5.6 mi
Get a cash offer in 3 minutes
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Estimated market value$276,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$276,400