6065 Bay Avenue Southeast
$1,050,000
—
7,420
7,420
$142
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%
- Listed by Craig Morby • SVN SAUNDERS RALSTON DANTZLER REAL ESTATE
Property Details for 6065 Bay Avenue Southeast
Subdivision Name
HASKELL
Township29
WaterfrontNo
LISTING UPDATED: 12/09/2024 02:39 PM
Property Details for 6065 Bay Avenue Southeast
Status | Active |
---|---|
MLS # | O6203342 |
Days on Market | 187 |
Taxes | $9,599 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Multi-Family |
Year Built | 1973 |
Lot Size | 1.52 AC / 66,041 SF |
County | Polk County |
Building Information for 6065 Bay Avenue Southeast
Stories-Residences13Year Built1973Building Size-Lot Size1.52 AC / 66,041 SF
Property Information for 6065 Bay Avenue Southeast
Property History for 6065 Bay Avenue Southeast
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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$476,683Total$526,214
Tax Record2024$6,503 ($542 / 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.
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