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Street View
$199,000
Monthly Est:$990
4 Beds
- 2 Baths
2 full baths
1,146sqft
1235 Morgan Dr, Lakeland, FL 33801
$199,000
$990/moEst:
Get Pre-Approved
Single Family Residence
Built in 1958
$-- HOA
7,379 sqft lot
$174/sq.ft
Description
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 p...
- Houzeo last checked: 8 minutes ago
- Listing updated: September 16, 2026 at 2:09 am
- Listing Provided by: Bradley Dreher (863) 346-0500 | GRAYSTONE REAL ESTATE (727) 201-4011
- Source: Stellar MLS-FL | MLS#: TB8501961

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
1958
HOA Fees
-
Finished Area
1,146 sqft
Lot Size
7,379 sqft lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
TB8501961
MLS Status
Active
Days on Market
50
Cumulative Days on Market
122

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Primary Bedroom
Level: First
Area: 144.00 Square Feet
Dimensions: 12x12
Kitchen
Level: First
Area: 120.00 Square Feet
Dimensions: 10x12
Living Room
Level: First
Area: 110.00 Square Feet
Dimensions: 11x10
Interior
Cooling
Central Air
Exterior Features
Other
Heating
Electric
Interior Features
Ninguno
Sewer
Other
Appliances
None
Flooring
Tile
Construction
Year Built
Year Built: 1958
Home type
Single Family Residence
Foundation Details
Block
Roof
Shingle
Construction Materials
Block
Utilities & Energy
Utilities
Public
Laundry Features
Electric Dryer Hookup, Washer Hookup
Water Source
None
Other Features
Subdivision Name
Woodland Estates
Price History
| Date | Event | Price |
|---|---|---|
08/29/2026 Source: | Price Decreased | $199,990 -4.77% $175/sqft |
08/17/2026 Source: | Price Decreased | $210,000 -4.50% $183/sqft |
07/27/2026 Source: | Listed for Sale | $219,900 +10.50% $192/sqft |
07/27/2026 Source: | Price Decreased | $199,000 -9.50% $174/sqft |
07/13/2026 Source: | Listing Removed | $219,900 $192/sqft |
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Based on information from Stellar MLS® through Sep 16, 2026, 10:15PM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Stellar MLS. All Rights Reserved.
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