5430 Lewellyn Rd

Lakeland, FL 33810

$1,350,000
Last Sold Price
—
Beds
—
Baths
12,200 Sq. Ft.
$111 / Sq. Ft.
12,200
Sq. Ft.
$111
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Sold 11/22/22
Sold 11/22/22

Description

13 Unit Triplex & Duplex Portfolio Investment! First time ever offered to the market. Lakeland is a growing market with an influx in population with housing being more in demand than ever. Local demand for housing is being spurred on by expanding distribution and shipping industry surrounding Lakeland. The property consists of three tax parcels which are improved with three triplexes and two duplexes to total thirteen residential units. The five multi unit buildings are constructed on 2.93 gross...13 Unit Triplex & Duplex Portfolio Investment! First time ever offered to the market. Lakeland is a growing market with an influx in population with housing being more in demand than ever. Local demand for housing is being spurred on by expanding distribution and shipping industry surrounding Lakeland. The property consists of three tax parcels which are improved with three triplexes and two duplexes to total thirteen residential units. The five multi unit buildings are constructed on 2.93 gross acres that is accessible from the main frontage road and a dead-end cul-de-sac on the rear of the property. The configuration of the existing buildings offers value-add opportunity with the ability to construct additional buildings on vacant or underutilized portions of the property to generate more rental revenue and further increase the return on the initial investment.
  1. Listed by Kevin Eaton • CORE GROUP REAL ESTATE LLC
  2. Listed by Justin Core • CORE GROUP REAL ESTATE LLC

Property Details for 5430 Lewellyn Road

Township
27
Waterfront
No
LISTING CLOSED: 11/22/2022 12:00 AM

Property Details for 5430 Lewellyn Road

StatusSold
MLS #O6059953
Days on Market12
Taxes$10,800 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeCommercial Sale / Multi-Family
Year Built1983
Lot Size2.93 AC / 127,631 SF
CountyPolk County
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Location

Listing Courtesy of CORE GROUP REAL ESTATE LLC, Kevin Eaton; CORE GROUP REAL ESTATE LLC, Justin Core

Sold By CORE GROUP REAL ESTATE LLC, Kevin Eaton

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Building Information for 5430 Lewellyn Road

Stories1Residences13Year Built1983Building Size-Lot Size2.93 AC / 127,631 SF

Payment Calculator

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$7,762 per month

30 year fixed, 6.55% Interest

Principal and Interest

$6,862

Property Taxes

$900

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5430 Lewellyn Road

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 12200.0
  • Building Area Units: Square Feet
  • Directions: Exit Interstate 4, head north on Kathleen Road, turn left on to Deeson Road then right onto Lewelynn Road
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Road Frontage Type: Access Road, County Road
  • Unit Number: No
  • Street Number: 5430
  • Street Name: LEWELLYN
  • Street Suffix: ROAD
  • State: FL
  • City: LAKELAND
Taxes and HOA Information
  • Management: Owner Manager
  • Tax Book Number: P-81
  • Tax Legal Description: E 225 FT OF NE1/4 OF NE1/4 OF NE1/4 LESS N 175 FT & LESS S 208.71 FT & LESS E 25 FT FOR RD R/W, W 175 FT OF E 400 FT OF NE1/4 OF NE1/4 OF NE1/4 LESS N 175 FT & LESS S 208.71 FT, COMM AT NE COR OF NE1/4 OF NE1/4 OF NE1/4 RUN W 658.13 FT S 436.8 FT E 116 FT TO POB N 76 DEG 16' 49'' E 146.22 FT S 55.99 FT E 70.29 FT S 108.21 FT W 104.5 FT N 39 DEG 53' 05''[full...]
  • Tax Year: 2021
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Property
Lot Information
  • Additional Parcels Description: 23-27-29-000000-011090, 232729000000011300
  • Additional Parcels: Yes
  • Lot Size Dimensions: 276x200
  • Parcel Number: 23-27-29-000000-011410
  • Total Acreage: 2 to less than 5
  • Total Num Buildings: 6
  • Water Access: No
  • Water Extras: No
  • Zoning: R-3
  • Living Area: 12200
  • Lot Dimensions: 276x200
Property and Assessments
  • Year Built Numeric: 1983
  • Flood Zone Code: X
  • Net Operating Income: $86,352
  • New Construction: No
  • Number Of Lots: 3
  • Public Survey Range: 23
  • Public Survey Section: 29
Utilities
  • Sewer: Septic Tank
  • Utilities: BB/HS Internet Capable, Private, Water Nearby
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Stucco
  • Foundation Details: Slab
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
  • Number Of Stories: 1
Interior Features
  • Appliances: Dishwasher, Dryer
  • Ceiling Height: 8 to 9 Feet
  • Cooling: Central Air, Wall/Window Unit(s)
  • Flooring: Ceramic Tile, Concrete, Laminate
  • Heating: Central
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
  • Window Features: Aluminum Frames
Multi Family
Multi-Family Information
  • Annual Expenses: $64,248
  • Annual Income Type: Projected
  • Gross Scheduled Income: $86,352

Property History for 5430 Lewellyn Road

DateEvent & SourcePriceAppreciation
Nov 22, 2022

Sold (Public Record)

Public Record #1504461683

$1,350,000—
Nov 22, 2022

Sold

MFRMLS #O6059953

$1,350,000—
Sep 27, 2022

Pending

MFRMLS #O6059953

—
DateEvent & SourcePrice
11/22/2022

Sold (Public Record)

Public Record #1504461683

$1,350,000
11/22/2022

Sold

MFRMLS #O6059953

$1,350,000
09/27/2022

Pending

MFRMLS #O6059953

—

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

Public Records for 5430 Lewellyn Road

Taxable ValueLand-Additions-Total-
Tax Record2024$12,093 ($1,008 / month)
Home Facts
Baths3Total Finished SqFt7,168 SqFtAbove Grade Finished SqFt7,168 SqFtStories1Lot Size56,750 SqFtStyleDuplexYear Built1973Year Renovated1974ZoningR3CountyPOLKAPN23-27-29-000000-011410

Schools near 5430 Lewellyn Road

This home is within Polk.
Rating
School
Type
Grades
Distance
Winston Academy of Engineering
Public - PK to 5
Combee Academy of Design and Engineering
Public - PK to 5
Sleepy Hill Elementary School
Public - PK to 5
Rochelle School Of The Arts
Public - PK to 8
Rating
School
Distance
Winston Academy of Engineering
PublicPK to 5

Combee Academy of Design and Engineering
PublicPK to 5

Sleepy Hill 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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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 CORE GROUP REAL ESTATE LLC, Kevin Eaton; CORE GROUP REAL ESTATE LLC, Justin Core

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: 11/22/2022 07:00 PM