1235 MORGAN DRIVE, Lakeland, FL 33801

• 4 beds |
• 2 baths |
• 1,146 sqft

Property Description

Producing 3 bed / 2 bath home in central Lakeland's Combee Settlement area, currently leased through 07/31/2026 at $1,905/month. Built 1958, 1,146 sqft. The 3/2 configuration is the gold standard in single-family rental, commanding top-of-market rent and longer average tenancy. List $229,900 / estimated ARV $275,000, providing strong equity-capture margin. Lease expiration aligns with peak Florida leasing season for an ideal renewal or rent-reset window. Lakeland sits dead center in the I-4 growth corridor between Tampa and Orlando, one of Florida's strongest appreciation paths. Photo disclosure: Listing photos were taken prior to current tenant occupancy and may not reflect the property's present condition. Showings by appointment with required notice to tenant. Buyer and buyer's agent to verify all material facts. Sellers have never occupied this property.

Listing Status:

Active

Date Added:

May 2, 2026

Data Last Updated:

May 19, 2026 at 5:23AM

Listing Office:

GRAYSTONE REAL ESTATE : 727-201-4011

Listing Agent:

Bradley Dreher : 863-346-0500

MLS ID:

TB8501961

Interior

• General: Ninguno
• Appliances: None
• Laundry: Electric Dryer HookupWasher Hookup
• Flooring: Tile
• A/C: Central Air
• Heating: Electric

Exterior

• General: Other

Construction

• Roofing: Shingle
• General: BlockOne

Location

• Road/Access: Asphalt
• Originating MLS: Stellar MLS
• County: Polk

Lot

• Zoning: R-2WOODLAND ESTATES PB 39 PG 29 BLK D LOT 724-28-10-177600-004070

Utilities

• Utilities: Public
• Water: None
• Sewer: Other

Financial

• Source: Stellar MLS
• Ownership: Fee Simple