6065 Bay Avenue Southeast

Lakeland, FL 33812

$1,125,000
Price
Beds
7,420 Sq. Ft.
$152 / Sq. Ft.
7,420
Sq. Ft.
$152
per Sq. Ft.

Description

Tremendous income opportunity! Located in one of the fastest growing areas of South Lakeland, this is multifamily development, consisting of 6 park owned mobile homes, and 7 single family (small) homes. The six mobile homes are part of the Florida Mobile Home Registry under Pa-pa Bears Mobile Home park. The other 7 homes are part of the same parcel - each have a separate mailing address. Current annual income of $131,580, with upside to grow to another 10% quickly. Lakeland and Polk County are among...Tremendous income opportunity! Located in one of the fastest growing areas of South Lakeland, this is multifamily development, consisting of 6 park owned mobile homes, and 7 single family (small) homes. The six mobile homes are part of the Florida Mobile Home Registry under Pa-pa Bears Mobile Home park. The other 7 homes are part of the same parcel - each have a separate mailing address. Current annual income of $131,580, with upside to grow to another 10% quickly. Lakeland and Polk County are among the fastest growing places in the U. S., as the City sits in the middle of Tampa and Orlando on the I-4 corridor. In the immediate area, new apartment developments have been built, and several shopping areas, including Publix, across the street. There are primary, middle and high schools very close by, and the main thoroughfare, US 98 stretches from the north side of Lakeland to the south side. The annual rental income is $131,560, and all expenses are detailed and accounted for, giving us a current cap rate of 8.26%
  1. Listed by Craig Morby • SVN SAUNDERS RALSTON DANTZLER REAL ESTATE

Property Details for 6065 Bay Avenue Southeast

Subdivision Name
HASKELL
Township
29
Waterfront
No

Location

Listing Courtesy of SVN SAUNDERS RALSTON DANTZLER REAL ESTATE, Craig Morby
Add your commute
LISTING UPDATED: 05/09/2024 01:00 AM

Property Details for 6065 Bay Avenue Southeast

StatusActive
MLS #O6203342
Days on Market71
Taxes$9,599 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1973
Lot Size1.52 AC / 66,041 SF
CountyPolk County

Location

Listing Courtesy of SVN SAUNDERS RALSTON DANTZLER REAL ESTATE, Craig Morby
Add your commute

Building Information for 6065 Bay Avenue Southeast

Stories-Residences13Year Built1973Building Size-Lot Size1.52 AC / 66,041 SF

Payment Calculator

$6,940 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,140

Property Taxes

$800

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6065 Bay Avenue Southeast

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: Clubhouse Road/530 east toward US 98 to address.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 6065
  • Street Name: BAY
  • Street Suffix: AVENUE
  • Street Direction Suffix: SE
  • State: FL
  • City: LAKELAND
Parking
  • Carport: No
  • Garage: No
  • Parking Features: Common, Driveway
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 2
  • Tax Book Number: 1-5A
  • Tax Legal Description: HASKELL PB 1 PG 5A TIER 7 BLK 2 LOTS 1 TO 4
  • Tax Lot: 1
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: In County, Street Paved
  • Lot Size Dimensions: 260x127
  • Parcel Number: 24-29-14-283000-070210
  • Total Acreage: 1 to less than 2
  • Total Num Buildings: 13
  • Water Access: No
  • Water Extras: No
  • Zoning: RL4
  • Living Area: 7420
  • Property Info: In M/H Community
  • Lot Dimensions: 260x127
Property and Assessments
  • Year Built Numeric: 1973
  • Flood Zone Code: X
  • New Construction: No
  • Number Of Lots: 1
  • Property Condition: Completed
  • Property Description: In M/H Community
  • Public Survey Range: 24
  • Public Survey Section: 14
Utilities
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Concrete, Metal Frame, Wood Frame
  • Exterior Features: Private Mailbox
  • Foundation Details: Crawlspace
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Metal, Other
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Cooling: Central Air, Wall/Window Unit(s)
  • Fireplace: No
  • Heating: Central, Other
  • Interior Features: Other
  • Laundry Features: Other
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Expenses: $38,660
  • Annual Net Income: $92,920.00
  • Gross Income: $131,580
  • Total Monthly Expenses: $3,221
  • Unit Count: 0
Rental
Rental Information
  • Tenant Pays: Electricity, Water
  • Total Actual Rent: $10,965

Property History for 6065 Bay Avenue Southeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 6065 Bay Avenue Southeast

Taxable ValueLand$49,531Additions$451,215Total$500,746
Tax Record2023$6,115 ($510 / month)
Home Facts
Total Finished SqFt732 SqFtAbove Grade Finished SqFt732 SqFtLot Size66,037 SqFtStyleMobile / Manufactured HomeYear Built1973Year Renovated1985CountyPOLKAPN242914283000070210

Schools near 6065 Bay Avenue Southeast

This home is within Polk.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
Highland City Elementary School
PublicPK to 5

Bartow Elementary Academy
PublicK to 5

Bartow Middle School
Public6 to 8

Union Academy
Public6 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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6065 Bay Avenue Southeast is a multi-family home for sale in Lakeland, FL 33812. This property was listed for sale on May 8, 2024 by SVN SAUNDERS RALSTON DANTZLER REAL ESTATE, it's currently listed at $1,125,000. It has been on the market for a total of 71 days and was last sold on July 30, 2020. This listing's school district is Polk. Nearby schools include Highland City Elementary School, Bartow Elementary Academy and Bartow Middle School. 6065 Bay Avenue Southeast is a 0-bed, 0-bath, 7,420 sqft multi-family home built in 1973.

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 SVN SAUNDERS RALSTON DANTZLER REAL ESTATE, Craig Morby

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: 05/09/2024 01:00 AM