1012 South Tennessee Avenue

Lakeland, FL 33803

$537,000
Last Sold Price
—
Beds
2,019 Sq. Ft.
$266 / Sq. Ft.
2,019
Sq. Ft.
$266
per Sq. Ft.

Description

Location, location, location! Minutes from downtown Lakeland, enjoy walking to fantastic dining, shopping, weekend markets, community entertainment and so much more. This fantastic historical turnkey property is income generating and ready for new owners! Whether you want to live in the main house or continue to rent it out, this property has options! The blue main house as well as the detached 2/1 downstairs unit are both used as AirBnb & VRBO rentals. The upstairs 1/1 is currently rented at $700...Location, location, location! Minutes from downtown Lakeland, enjoy walking to fantastic dining, shopping, weekend markets, community entertainment and so much more. This fantastic historical turnkey property is income generating and ready for new owners! Whether you want to live in the main house or continue to rent it out, this property has options! The blue main house as well as the detached 2/1 downstairs unit are both used as AirBnb & VRBO rentals. The upstairs 1/1 is currently rented at $700 a month on a lease until January 2023. The airbnb units have been operating as of January 1, 2022. YTD the gross income is $19,162.94. The occupancy rate is at 98% year to date. The average price per night is $149 on the main blue home and $112 a night on the smaller detached unit. The vacation rental units have been fully renovated and will convey complete furnishings. Property will also have a transferable termite bond to the new buyer. Contact today for more information! This fantastic property will not last long!
  1. Listed by Kristin Kellin • KELLER WILLIAMS REALTY SMART

Property Details for 1012 South Tennessee Avenue

Subdivision Name
FUTCH & ROGERS SUB
Township
28
View
City, Garden
Waterfront
No
Furnished
Furnished

Location

Listing Courtesy of KELLER WILLIAMS REALTY SMART, Kristin Kellin

Sold By EXP REALTY LLC, Heather Padgett

Add your commute
LISTING UPDATED: 08/19/2022 05:11 PM

Property Details for 1012 South Tennessee Avenue

StatusSold
MLS #L4930006
Days on Market72
Taxes$2,332 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1920
Lot Size0.16 AC / 6,752 SF
CountyPolk County

Location

Listing Courtesy of KELLER WILLIAMS REALTY SMART, Kristin Kellin

Sold By EXP REALTY LLC, Heather Padgett

Add your commute

Building Information for 1012 South Tennessee Avenue

Stories-Residences3Year Built1920Building Size-Lot Size0.16 AC / 6,752 SF

Payment Calculator

$3,125 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,931

Property Taxes

$194

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1012 South Tennessee Avenue

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 2019.0
  • Building Area Units: Square Feet
  • Directions: North on S Florida Ave , Drive N to S Tennessee, house will be on the right. 1012 S TN is the main house, 1014 S TN is the garage apartments
  • Elementary School: Sleepy Hill Elementary
  • Middle Or Junior School: Sleepy Hill Middle
  • High School: Lake Wales Senior High
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 1012
  • Street Direction Prefix: S
  • Street Name: TENNESSEE
  • Street Suffix: AVENUE
  • State: FL
  • City: LAKELAND
Parking
  • Available For Lease: Yes
  • Carport: No
  • Garage: No
  • Parking Features: Driveway
Taxes and HOA Information
  • Association Approval Required: No
  • Association: No
  • CDD: No
  • Tax Block: A
  • Tax Book Number: 2-118
  • Tax Legal Description: FUTCH & ROGERS SUB PB 2 PG 118 BLK A LOT 10 S1/2
  • Tax Lot: 10
  • Tax Year: 2021
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 50x135
  • Parcel Number: 24-28-19-231000-001102
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 2
  • Water Access: No
  • Water Extras: No
  • Zoning: MF-12
  • Living Area: 2019
  • Lot Dimensions: 50x135
Property and Assessments
  • Year Built Numeric: 1920
  • Flood Zone Code: X
  • New Construction: No
  • Public Survey Range: 24
  • Public Survey Section: 19
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Sewer Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame (FSC Certified)
  • Exterior Features: Other
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Front Porch, Porch, Rear Porch
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Cooling: Central Air
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Vinyl
  • Heating: Central
  • Interior Features: Eating Space In Kitchen, Open Floorplan, Solid Surface Counters
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $41,000.00
  • Gross Income: $51,376
  • Unit Count: 3
Unit 1
  • Unit Type Pro Forma 1: 3725
  • Unit Type Type 1: 2 Bed/1 Bath
  • Unit Type Units Total 1: 1
Unit 2
  • Unit Type Pro Forma 2: 2500
  • Unit Type Type 2: 2 Bed/1 Bath
  • Unit Type Units Total 2: 1
Unit 3
  • Unit Type Heated Sq Ft 3: 944
  • Unit Type Number Of Units Occupied 3: 1
  • Unit Type Pro Forma 3: 700
  • Unit Type Type 3: 1 Bed/1 Bath
  • Unit Type Units Total 3: 1
Rental
Rental Information
  • Minimum Lease Period: 0
  • Pets Allowed: Yes

Property History for 1012 South Tennessee Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1012 South Tennessee Avenue

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
Philip O'brien Elementary School
PublicPK to 5

Combee Academy of Design and Engineering
PublicPK to 5

Winston Academy of Engineering
PublicPK to 5

Rosabelle W. Blake Academy
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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS REALTY SMART, Kristin Kellin

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: 08/19/2022 05:11 PM