$399,000

115 EMMA STREET, Lakeland, FL 33815

  • 7 beds |
  • 5 baths |
  • 2,696 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $148/sqft
  • Property List Date Icon Listed 27 days ago

Property Description

Don’t miss this exceptional redevelopment and income-producing opportunity in the rapidly growing Lakeland market. Situated on a single parcel, this property consists of three total residential units across two separate buildings: * One duplex with separate electric meters for each unit. * One detached single-family home. Included with the sale are professionally completed Mechanical, Electrical, and Plumbing (MEP) plans, providing a significant head start for redevelopment and substantially reducing the time and expense required before construction. Proposed Redevelopment Plans * Detached Single-Family Home: Reconfigured into a modern 3-bedroom, 2-bathroom residence. * Duplex: Complete redesign into two expansive 5-bedroom, 3-bathroom units, creating a total of 13 bedrooms and 8 bathrooms across the property. The proposed layouts maximize rental potential while incorporating modern floor plans, updated building systems, and efficient use of space. Whether your strategy is traditional multifamily rentals, co-living, workforce housing, or another high-income rental model, this property offers exceptional flexibility. Located just minutes from downtown Lakeland with convenient access to Interstate 4, the property benefits from strong rental demand while offering easy access to both Tampa and Orlando.

Listing Status:
Active
Date Added:
July 1, 2026
Data Last Updated:
July 27, 2026 at 7:24AM
Listing Office:
BLUE LIGHTHOUSE REALTY INC : 855-550-0528
Listing Agent:
Jorge Zea : 855-550-0528
MLS ID:
O6421108
  • General: Ninguno
  • Laundry: Other
  • A/C: None
  • Heating: None
  • General: Other
  • Roofing: Shingle
  • General: Other
  • Road/Access: Gravel
  • Originating MLS: Stellar MLS
  • County: Polk
  • Zoning: RA-4PATTERSON & COX SUB PB 1 PG 60 BLK 8 LOT 7 E1/223-28-13-077000-008071
  • Utilities: Other
  • Water: See Remarks
  • Sewer: Other
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Jorge Zea , BLUE LIGHTHOUSE REALTY INC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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