1235 Morgan Dr, Lakeland, FL, 33801
$175/sqft·Woodland Estates
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At a glance
About this home
1235 Morgan Dr is a 1958-built home in Woodland Estates, Lakeland. Inside you'll find 4 bedrooms, 2 bathrooms, and 1,146 square feet of living space. Listed at $199,990 (about $175/sqft), 105 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Producing 3 bed / 2 bath home in central Lakeland's Combee Settlement area, currently leased through 07/31/2027 at $1,875/month (plus tenant pays for a $60 benefits package). Built 1958, 1,146 sqft. The 3/2 configuration is the gold standard in single-family rental, commanding top-of-market rent and longer average tenancy. List $210,000 / estimated ARV $275,000, providing strong equity-capture margin. Lease expiration aligns with peak Florida leasing season for an ideal renewal or rent-reset window. Lakeland sits dead center in the I-4 growth corridor between Tampa and Orlando, one of Florida's strongest appreciation paths. Photo disclosure: Listing photos were taken prior to current tenant occupancy and may not reflect the property's present condition. Showings by appointment with required notice to tenant. Buyer and buyer's agent to verify all material facts. Sellers have never occupied this property.
The essentials
Location
Annual Tax (2025)
$2,815
Parcel #
24-28-10-177600-004070
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Subdivision
Woodland Estates
County
Polk
MLS Area
33801 - Lakeland
Lot Size
7,379 sqft
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
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