Commercial property in Lakeland, Florida 12 bedrooms, 775.55 sq.m. № 337216

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Commercial property in Lakeland, Florida 12 bedrooms, 775.55 sq.m. № 337216
ID337216 $ 1 690 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £

Property description

Welcome to your new multifamily apartment investment opportunity in the Lake Morton Historic District! This stunning 12 unit apartment building has been completely remodeled in the North Building and partially remodeled in the South Building. As a contributing building in the historic district, the Mediterranean Revival architecture is sure to impress. You'll love the classic charm and character of the building, which has been carefully restored to maintain its historic integrity. Inside, each unit has been fully renovated to provide modern conveniences and comfortable living. From the brand new appliances to the updated fixtures, you'll love the attention to detail throughout. The building also features an on-site laundry facility, making it easy and convenient for tenants to keep their wardrobe fresh and clean. And with a spacious courtyard, tenants will have plenty of room to enjoy the beautiful Florida weather and relax in a peaceful outdoor setting. This is a rare investment opportunity to own a beautifully restored historic building in the heart of Lakeland. Don't miss out on the chance to add this wonderful multifamily apartment to your investment portfolio!
MLS #: L4935516

Features

Equipment and Appliances
  • Air Conditioners

Indoor facilities

Equipment and Appliances
  • Heating system
Lakeland - Statistics
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ParametersLakeland
Rent Per Month
Apartment (1 bedroom) in City Centre$ 1 893.33
Apartment (1 bedroom) Outside of Centre$ 1 546.33
Apartment (3 bedrooms) in City Centre$ 3 000.00
Apartment (3 bedrooms) Outside of Centre$ 2 359.00
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 2 153.00
Price per Square Meter to Buy Apartment Outside of Centre$ 2 153.00
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ParametersLakeland
Crime Index40.29
Traffic Commute Time Index10.33
Restaurant Price Index71.08
Property Price to Income Ratio3.16
Climate Index92.20
Safety Index59.71
Traffic CO₂ Index2748.67
Traffic Inefficiency Index40.79
Rent Index44.13
Health Care Index86.76
Traffic Index72.36
Groceries Index86.41
Pollution Index19.76
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ParametersLakeland
Restaurants
Meal, Inexpensive Restaurant$ 22.50
Meal for 2 People, Mid-range Restaurant, Three-course$ 75.00
McMeal at McDonalds (or Equivalent Combo Meal)$ 9.00
Domestic Beer (0.5 liter draught)$ 5.50
Imported Beer (0.33 liter bottle)$ 4.00
Coke/Pepsi (0.33 liter bottle)$ 2.60
Water (0.33 liter bottle) $ 2.09
Cappuccino (regular)$ 5.06
Markets
Milk (regular), (1 liter)$ 1.10
Loaf of Fresh White Bread (500g)$ 3.48
Eggs (regular) (12)$ 3.25
Local Cheese (1kg)$ 12.13
Water (1.5 liter bottle)$ 1.88
Bottle of Wine (Mid-Range)$ 11.50
Domestic Beer (0.5 liter bottle)$ 1.73
Imported Beer (0.33 liter bottle)$ 4.00
Cigarettes 20 Pack (Marlboro)$ 7.56
Apples (1kg)$ 4.06
Chicken Fillets (1kg)$ 13.96
Oranges (1kg)$ 4.02
Potato (1kg)$ 2.94
Lettuce (1 head)$ 1.75
Rice (white), (1kg)$ 4.70
Tomato (1kg)$ 4.41
Banana (1kg)$ 1.58
Onion (1kg)$ 3.67
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 22.37
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 146.27
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 53.50
$ 42.00
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 3 411.20
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate6.64
Transportation
Gasoline (1 liter)$ 0.84
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 36 050.00
Taxi Start (Normal Tariff)$ 2.45
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 22 000.00
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 19.00
Cinema, International Release, 1 Seat$ 12.50
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 53.33
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 56.33
1 Pair of Nike Running Shoes (Mid-Range)$ 94.17
1 Pair of Men Leather Business Shoes$ 115.00
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 675.00
International Primary School, Yearly for 1 Child$ 14 000.00
Data are provided by Numbeo.com and are based on its users survey. Florida.realestate can not guarantee the validity of these data.
Contact the seller
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CityLakeland
Address915 E PALMETTO STREET UNIT 201
TypeCommercial property
Bedrooms12
Living space775.55 m²
  • sq. ft
Completion dateIV quarter, 1926
Price
  • Price
  • per m²
$ 1 690 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £