Address
1235 Morgan Drive, LAKELAND, FL
Price
$ 199,990
Property Attributes
- MLS#TB8501961
- TypeSingle Family
- Listing Status Active
- CountyPolk
- CityLAKELAND
- AreaLakeland
- NeighborhoodWOODLAND ESTATES
- Zip33801
- StyleSingle Family Residence
- Year Built1958
- Taxes$ 2814
- Price$ 199,990
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1146
- Lot Size0.17 Acres
Data Source:
Stellar MLS
Property 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 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.
| Price History | |
|---|---|
| 5/2/2026 | Listed $229,900 |
| 5/17/2026 | 4$219,900 |
| 8/17/2026 | 5$210,000 |
| 8/29/2026 | 5$199,990 |
General Features
| Sewer | Other |
|---|---|
| Heating | Electric |
| Cooling | Central Air |
| Utilities | Public |
| Roof | Shingle |
| Appliances | None |
| Zoning | R-2 |
| Construction Materials | Block |
| Year Built | 1958 |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| County | Polk |
| New Construction | false |
| Property Type | Residential |
| Subdivision Name | WOODLAND ESTATES |
| Facing Direction | East |
| Garage Y/N | false |
| Total Rooms | 3 |
| Full Baths | 2 |
| Status | Active |
| Directions | From I-4, take Exit 32 toward US-98. Head south on US-98, turn left onto E Memorial Blvd, then left onto N Combee Rd. Turn right onto Morgan Dr — property will be on your right. |
| City | LAKELAND |
| Senior Community Y/N | false |
| MLS Area | 33801 - Lakeland |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 7379 |
| Carport Y/N | false |
| Listing Terms | Cash,Conventional,FHA |
| Land Lease Y/N | false |
| Tax Annual Amount | 2814.58 |
| Additional Parcels Y/N | false |
| Lease Considered Y/N | true |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Tax Lot | 7 |
| Legal Description | WOODLAND ESTATES PB 39 PG 29 BLK D LOT 7 |
| Minimum Lease | No Minimum |
| Water Access Y/N | false |
| Water View Y/N | false |
| Flood Zone Code | X |
| In Law Suite YN | false |
| Flood Zone Code X | Yes |
Interior Features
| Interior Amenities | Ninguno |
|---|---|
| Flooring | Tile |
| Furnished Y/N | Negotiable |
| Total Stories | 1 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | false |
| Laundry Features | Electric Dryer Hookup,Washer Hookup |
| Total Bedrooms | 4 |
| LivingAreaSource | Public Records |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Other |
|---|---|
| Water Source | None |
| Lot Size Area | 7379 |
| Foundation Details | Block |
| Building Area Total | 1292 |
| Lot Dimensions | 68 x 108 |
| Lot Size Acres | 0.17 |
| Road Surface Type | Asphalt |
| Private Pool | false |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33801
Price
Taxes
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on September 12, 2026 5:39 PM UTC
