Sold
Last Sold Price
2,432 sqft$230/sqft
1321 Mann Rd, Lakeland, FL 33810
0.54 acresLot Size
1968Year Built
$230/sq ftPrice per sq ft

Description

Check out this great money-making 8 unit multifamily property. These units were completely updated within the last 3 years and boasts; Renovated kitchen, renovated bathrooms, updated electrical, new wall AC units, All new roofs, new windows, new plumbing, new appliances interior completely repainted in and out, new tile flooring(no carpeting at all), new light fixtures, new interior doors, Well Pump replaced Dec 2021, Septic was pumped 2 years ago. These units are all rented. It consists of 8 buildings....Check out this great money-making 8 unit multifamily property. These units were completely updated within the last 3 years and boasts; Renovated kitchen, renovated bathrooms, updated electrical, new wall AC units, All new roofs, new windows, new plumbing, new appliances interior completely repainted in and out, new tile flooring(no carpeting at all), new light fixtures, new interior doors, Well Pump replaced Dec 2021, Septic was pumped 2 years ago. These units are all rented. It consists of 8 buildings. Unit-1 192 sqft (Studio) renting for $620. Unit-2 192 sqft (Studio) $550. Unit-3 256 sqft (Studio) $610. Unit 4 256 sqft (Studio) $600. Unit-5 256 sqft (Studio) $610. Unit-6 256 Sqft (1/1) $700. Unit-7 512 sqft (1/1)$760 Unit-8 512 sqft (1/1)$735. These are all rented as of 12/10/21. Each unit is individually metered for electricity. The complex is on 1 well which provides water to all the units (last year's electricity consumption for the well pump was $384). The complex is on septic. These units have tons of potential for either AirBnB, no rental restrictions. Lawn care is $235 a month.
  • Listed by: Richard Eijo 863.333.5161 info@mylakelandhome.com Brokerage DRE #1047100 • S & D REAL ESTATE SERVICE LLC
Listing closed: 01/05/2022 12:00 AM • Source: MFRMLS, MLS#: L4926991

Recent comparable sales

Median sold price

$385,000

Avg days on market

147

Sale-to-list ratio

92.7%

Lakeland, FL

9 comparable properties found

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Bathrooms
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Location

Listing Courtesy of S & D REAL ESTATE SERVICE LLC, Richard Eijo

Sold By NUGGET REALTY, Steven Burnett

Add your commute

Payment Calculator

$3,064 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,846

Property Taxes

$217

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1321 Mann Road

Property Details
  • Taxes: $2,606 / year
  • MLS Type: Sale / Residential / Building / DUPLEX / 2 / 2
  • County: Polk County
  • Subdivision Name: ACREAGE
  • Township: 27
  • View: Garden
  • Waterfront: No
  • Furnished: Unfurnished
Building Information
  • Residences: 8
  • Year Built: 1968
  • Lot Size: 0.54 AC / 23,344 SF
Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 2432.0
  • Building Area Units: Square Feet
  • Directions: I4 to 98 N. Left on Mann rd. It is behind the auto parts store.
  • Elementary School: Dr. N. E Roberts Elem
  • Middle Or Junior School: Sleepy Hill Middle
  • High School: Kathleen High
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Road Frontage Type: Street Paved
  • Senior Community: No
  • Unit Number: No
  • Street Number: 1321
  • Street Name: Mann
  • Street Suffix: ROAD
  • State: FL
  • City: LAKELAND
Parking
  • Carport: No
  • Garage: No
  • Parking Features: Assigned
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Book Number: P-81
  • Tax Legal Description: W 110 FT OF S 230 FT OF E 360 FT OF S1/2 OF NE1/4 OF SE1/4 OF SE1/4 LESS RD R/W
  • Tax Year: 2021
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: In County, Level, Near Public Transit
  • Parcel Number: 232714000000022150
  • Total Acreage: 1/2 to less than 1
  • Total Num Buildings: 4
  • Water Access: No
  • Water Extras: No
  • Zoning: R-3
  • Living Area: 2432
Property and Assessments
  • Year Built Numeric: 1968
  • Flood Zone Code: X
  • Flood Zone Date: 12-22-2016
  • Flood Zone Panel: 12105C0163G
  • Homestead: No
  • New Construction: No
  • Property Attached: Yes
  • Public Survey Range: 23
  • Public Survey Section: 14
Utilities
  • Sewer: Septic Tank
  • Utilities: Cable Connected, Street Lights
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Awning(s), Lighting
  • Foundation Details: Slab
  • Levels: One
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Appliances: Range, Refrigerator
  • Cooling: Wall/Window Unit(s)
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Heating: Wall Units / Window Unit
  • Interior Features: Living Room/Dining Room Combo, Open Floorplan
  • Laundry Features: None
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $58,680.00
  • Gross Income: $61,500
  • Total Monthly Expenses: $235
  • Unit Count: 8
Rental
Rental Information
  • Tenant Pays: Electricity
  • Total Actual Rent: $5,125

Property History for 1321 Mann Road

DateEvent & SourcePriceAppreciation
Jan 5, 2022

Sold

MFRMLS #L4926991

$560,000
Dec 29, 2021

Sold (Public Record)

Public Record #1480701608

$560,000

+33.2% / yr

Dec 14, 2021

Pending

MFRMLS #L4926991

DateEvent & SourcePrice
01/05/2022

Sold

MFRMLS #L4926991

$560,000
12/29/2021

Sold (Public Record)

Public Record #1480701608

$560,000

+33.2% / yr

12/14/2021

Pending

MFRMLS #L4926991

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1321 Mann Road

Taxable ValueLand-Additions-Total-
Tax Record2025$6,659 ($555 / month)
Home Facts
Baths4Total Finished SqFt2,432 SqFtAbove Grade Finished SqFt2,432 SqFtStories1Lot Size23,344 SqFtStyleDuplexYear Built1968Year Renovated2016CountyPOLKAPN23-27-14-000000-022150

Schools near 1321 Mann Road

This home is within Polk.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 8
Rating
School
Distance
Winston Academy of Engineering
PublicPK to 5

Combee Academy of Design and Engineering
PublicPK to 5

Dr. NE Roberts Elementary School
PublicPK to 5

Rochelle School Of The Arts
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1321 Mann Road, Lakeland, FL 33810
$560,000
2,432
23,344
$725,000
10,432
28,771
6,606
35,880
$29,000
1
589
31,001
$82,500
3
1
1,967
31,215
$1,300,000
2,808
47,367

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of S & D REAL ESTATE SERVICE LLC, Richard Eijo

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 01/05/2022 03:54 PM