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$385,000
Monthly Est:$1,916
5 Beds
3 Baths3 full baths
1,928sqft
303 W 5th Street, Lakeland, FL 33805
$385,000
$1,916/moEst:
Get Pre-Approved
Single Family Residence
Built in 1947
$-- HOA
5,863 sqft lot
$200/sq.ft
Description
Under contract-accepting backup offers. 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!
- Houzeo last checked: 7 minutes ago
- Listing updated: September 15, 2026 at 6:02 pm
- Listing Provided by: Talia Cruz Martinez (786) 326-6134 | HOME PRIME REALTY LLC (813) 497-4441
- Source: Stellar MLS-FL | MLS#: TB8531497
Property Details
Status
Active Under Contract
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1947
HOA Fees
-
Finished Area
1,928 sqft
Lot Size
5,863 sqft lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
TB8531497
MLS Status
Pending
Days on Market
77
Cumulative Days on Market
81
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 3
Primary Bedroom
Level: First
Bathroom 1
Level: First
Bathroom 2
Level: First
Bedroom 2
Level: First
Bedroom 3
Level: First
Kitchen
Level: First
Living Room
Level: First
Bedroom 4
Level: First
Bedroom 5
Level: First
Bathroom 3
Level: First
Interior
Cooling
Central Air, Mini Split Unit(s)
Flooring
Carpet, Ceramic Tile, Laminate
Interior Features
Ceiling Fans(s), Solid Surface Counters, Split Bedroom
Exterior Features
Private Entrance, Sidewalk
Appliances
Microwave, Range, Refrigerator
Heating
Central
Sewer
Public Sewer
Construction
Year Built
Year Built: 1947
Home type
Single Family Residence
Foundation Details
Slab
Roof
Shingle
Construction Materials
Block, Stucco
Utilities & Energy
Water Source
Public
Utilities
Bb/hs Internet Available, Electricity Connected
Laundry Features
Inside
Other Features
Subdivision Name
Washington Park
Price History
| Date | Event | Price |
|---|---|---|
08/07/2026 Source: | Contingent (Active Under Contract) | $385,000 -1.28% $200/sqft |
07/22/2026 Source: | Listed for Sale | $390,000 $202/sqft |
07/12/2026 Source: | Listing Removed | $390,000 $202/sqft |
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Based on information from Stellar MLS® through Oct 08, 2026, 09:15PM 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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