For Sale
Single family home for sale at 1235 Morgan Dr, Lakeland, FL 33801 | MLS# TB8501961 | Listing updated on 2026-09-16
Photo 1 of Single family home for sale at 1235 Morgan Dr, Lakeland, FL 33801 | MLS# TB8501961 | Listing updated on 2026-09-16
Photo 2 of Single family home for sale at 1235 Morgan Dr, Lakeland, FL 33801 | MLS# TB8501961 | Listing updated on 2026-09-16
Photo 3 of Single family home for sale at 1235 Morgan Dr, Lakeland, FL 33801 | MLS# TB8501961 | Listing updated on 2026-09-16
Photo 4 of Single family home for sale at 1235 Morgan Dr, Lakeland, FL 33801 | MLS# TB8501961 | Listing updated on 2026-09-16
5+
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Street View

$199,000

Monthly Est:$990

  • Beds Icon4 Beds
  • Beds Icon
    2 Baths
  • Beds Icon1,146sqft

1235 Morgan Dr, Lakeland, FL 33801

$990/moEst:

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  • 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...

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  • 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 Stellar MLS-FL

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    1

  • County

    Polk County

  • City

    Lakeland

  • 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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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

DateEventPrice

08/29/2026

Source: mls_logoStellar MLS-FL #MFRTB8501961

Price Decreased

$199,990 -4.77%

$175/sqft

08/17/2026

Source: mls_logoStellar MLS-FL #MFRTB8501961

Price Decreased

$210,000 -4.50%

$183/sqft

07/27/2026

Source: mls_logoStellar MLS-FL #MFRTB8501961

Listed for Sale

$219,900 +10.50%

$192/sqft

07/27/2026

Source: mls_logoStellar MLS-FL #MFRTB8501961

Price Decreased

$199,000 -9.50%

$174/sqft

07/13/2026

Source: mls_logoStellar MLS-FL #MFRTB8501961

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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