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Active Residential

1235 MORGAN DRIVE

Lakeland, FL 33801

STELLAR #TB8501961 Updated: May 17, 2026, 1:23pm
$219,900
4 Beds • 2 Baths • 1,146 SqFt
Property
ActiveResidential
1/9
$219,900

1235 MORGAN DRIVE

Lakeland, FL 33801
4
Beds
2
Baths
1,146
SqFt
0.17
Acres
STELLAR
#TB8501961
Updated: May 17, 2026, 1:23pm

Property Description

Producing 3 bed / 2 bath home in central Lakeland's Combee Settlement area, currently leased through 07/31/2026 at $1,905/month. 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 $229,900 / 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.
Included Appliances
None

Property Details

Interior
Bathrooms Total Decimal
2
Building Area Total
1292
Cooling
Central Air
Flooring
Tile
Furnished
Negotiable
Heating
Electric
Interior Features
Ninguno
Laundry Features
Electric Dryer HookupWasher Hookup
Living Area
1146
Rooms Total
3
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Block
Direction Faces
East
Foundation Details
Block
Levels
One
Living Area Source
Public Records
Living Area Units
Square Feet
Roof
Shingle
Stories Total
Yes
Year Built
1958
Site & Exterior
Exterior Features
Other
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
0.17
Lot Size Area
7379
Lot Size Dimensions
68 x 108
Lot Size Square Feet
7379
Lot Size Units
Square Feet
Public Survey Range
24
Public Survey Section
10
Road Surface Type
Asphalt
Sewer
Other
Total Acreage
0 to less than 1/4
Utilities
Public
Zoning
R-2
Financials
Calculated List Price By Calculated Sq Ft
191.88
Contract Status Change Date
2026-05-02
Currency Monthly Rent Amt
1905
Current Price
219900
Feed Types
BBO
Lease Considered
Yes
Lease Expiration
2026-07-31
Minimum Lease
No Minimum
Ownership
Fee Simple
Parcel Number
242810177600004070
Public Survey Township
28
Tax Annual Amount
2814.58
Tax Block
D
Tax Book Number
39-29
Tax Legal Description
WOODLAND ESTATES PB 39 PG 29 BLK D LOT 7
Tax Lot
7
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33801 - Lakeland
Subdivision Name
WOODLAND ESTATES
Listing provided courtesy of STELLAR via IDX. Updated: May 17, 2026, 1:23pm.
Bradley Dreher

Listing Agent

GRAYSTONE REAL ESTATE

Call Agent
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