303 W 5th St, Lakeland, Florida 33805

  • $390,000

Overview

Property ID: HZTB8531497
  • Single Family Residence, Residential
  • Property Type
  • 5
  • Bedrooms
  • 3
  • Bathrooms
  • 1928 Sqft
  • Area Size

Description

Incredible income-producing property in Lakeland! Completely renovated from top to bottom with fresh paint, modern finishes, and all-new systems, this multi-unit property is a true turnkey investment. Two Smart Ways to Buy: As an Owner-Occupant: Move right into the spacious main house (market value estimated at $2, 000/month) while the two secondary units already generate steady income ($1, 100/mo and $1, 200/mo). The main house will be vacant in August, and the other units are secured with stable 1-year leases and deposits in place. As a Pure Investor: Lease out the main house to maximize your cash flow, bringing the total gross monthly income to approximately $4, 300/mo from day one. Featuring a versatile layout, brand-new updates throughout, and a fantastic location, this high-return property offers endless flexibility and immediate results. Schedule your showing today!

  • Address: 303 W 5TH STREET
  • City: Lakeland
  • State/county: FL
  • Zip/Postal Code: 33805
  • Country: US

Details

Updated on July 22, 2026 at 8:33 pm
  • Property ID HZTB8531497
  • Price $390,000
  • Property Size 1928 Sqft
  • Land Area 0.13 Acres
  • Bedrooms 5
  • Bathrooms 3
  • Year Built 1947
  • Property Type Single Family Residence, Residential
  • Property Status Active

Additional details

  • Roof Shingle
  • Utilities BB/HS Internet Available, Electricity Connected
  • Sewer Public Sewer
  • Cooling Central Air, Mini-Split Unit(s)
  • Heating Central
  • Flooring Carpet, Ceramic Tile
  • County Polk
  • Property Type Residential

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Jamie Stevens

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