Apartment Building

Lakeland, FL Apartment Buildings for Sale

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Auburndale, FL Groveland, FL Kathleen, FL Winter Haven, FL Polk City, FL Lake Alfred, FL Bartow, FL Eagle Lake, FL
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6-Unit Concrete Apartment Building
Updated: Jul 31
6-Unit Concrete Apartment Building

214 N CHESTNUT Road, Lakeland, FL 33815

$695,000
2,975 sqft 0.20 AC lot
Six 1BD/1BA apartments, each approximately 496 sq ft
2,975‑square‑foot multifamily building on 0.2 acres
Fully leased with all units occupied
Concrete construction completed in 1982
Separate electric meter and central A/C for every unit
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Historic 12-Unit Apartment Building
Updated: Jan 16, 2025
Historic 12-Unit Apartment Building

915 E PALMETTO Street, Lakeland, FL 33801

$1,390,000
8,348 sqft 0.45 AC lot
12‑unit apartment property totaling 8,348 square feet
0.45‑acre site at 915 E Palmetto Street, Lakeland, FL 33801
Located in Lakeland’s Lake Morton Historic District
Contributing property with Mediterranean Revival architecture; built in 1926
On‑site laundry facility and resident courtyard
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12-Unit Apartment Building
12-Unit Apartment Building

915 E Palmetto Street, Lakeland, FL 33801

$1,390,000
8,348 sqft

Renovated 12-unit apartment building with on-site laundry and a courtyard.

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See hot listings in Lakeland

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Fully Leased 6-Unit Apartment Building
Fully Leased 6-Unit Apartment Building

6-214 N Chestnut Rd, Lakeland, FL 33815

$695,000
2,975 sqft

Fully occupied apartments feature individual electric meters, central A/C, and durable concrete construction.

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Six-Unit Apartment Building
Six-Unit Apartment Building

214 N CHESTNUT ROAD #6, Lakeland, FL 33815

$695,000
3,999 sqft

Fully occupied residences feature individual electric metering and central air conditioning.

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Single-Story 55-Unit Apartment Community
Single-Story 55-Unit Apartment Community

3150 Pyramid Pkwy, Lakeland, FL 33805

$6,600,000
3.46 AC lot

Garden-style community with studio, one-bedroom, and two-bedroom floor plans in Lakeland, Florida.

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Multifamily Development Opportunity in Lakeland
Multifamily Development Opportunity in Lakeland

1205 NEVILLE Ave, Lakeland, FL 33805

$2,500,000
3.53 AC lot

Pre-construction multifamily development package with entitlements in place.

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Iconic Wilsonian Building on Lake Morton
Iconic Wilsonian Building on Lake Morton

183 Lake Morton Dr, Lakeland, FL 33801

Contact for pricing
15,796 sqft 0.56 AC lot

Historic 16-unit apartment building with duplex on Lake Morton.

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Lakeland Multifamily Investment Opportunity
Lakeland Multifamily Investment Opportunity

203 JANET Ln, Lakeland, FL 33809

$99,900
0.17 AC lot

Multifamily property for sale in Lakeland, Florida.

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Renovated Apartment Community
Renovated Apartment Community

515 BON AIR STREET #229, Lakeland, FL 33805

Contact for pricing

Updated residences offer modern kitchens, refreshed bathrooms, new appliances, and access to onsite laundry facilities.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 10 Active listings in Lakeland, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

5-Unit Apartment Building
5-Unit Apartment Building

520 S BROADWAY Avenue, Bartow, FL 33830

$650,000
3,767 sqft 0.18 AC lot

The fully leased property combines a varied apartment mix with documented roof, HVAC, plumbing, and interior improvements.

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Apartment Building with Onsite Laundry
Apartment Building with Onsite Laundry

520 S BROADWAY AVENUE, Bartow, FL 33830

$650,000
4,285 sqft

Fully leased multifamily property near downtown Bartow with updated building systems and a varied unit mix.

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Garden-Style Apartment Community
Garden-Style Apartment Community

750 AVE C SW, Winter Haven, FL 33880

$3,100,000
16,012 sqft 0.73 AC lot

Two-story buildings provide central air, in-unit laundry, and separately metered electricity for residents.

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17-Unit Apartment Building Portfolio
17-Unit Apartment Building Portfolio

2300 CANNON Terrace NW, Winter Haven, FL 33881

$2,600,000
0.29 AC lot

Five leased buildings provide two-bedroom, two-bathroom residences with central air and standard kitchen appliances.

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Off-Market Properties in Lakeland, FL

Consider similar Off-Market properties in Lakeland, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

6404 Odom Rd
Multifamily properties

6404 Odom Rd, Lakeland, FL 33809

Estimated value: by Request
9,600 sqft 1.34 AC lot
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1125 Olive St
Multifamily properties

1125 Olive St, Lakeland, FL 33815

Estimated value: by Request
2,400 sqft 0.40 AC lot
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1619 Goodyear Ave
Multifamily properties

1619 Goodyear Ave, Lakeland, FL 33801

Estimated value: by Request
37,516 sqft 3.19 AC lot
View details
453 Westgate Ave
Multifamily properties

453 Westgate Ave, Lakeland, FL 33815

Estimated value: by Request
2.02 AC lot
View details

Lakeland, FL Apartment Buildings Market Trends and Statistics

Explore 14 apartment buildings for sale in Lakeland, FL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 42,441 square feet of properties for sale, with an estimated market value of $14,064,900.

Sale prices for apartment complexes in Lakeland, FL start at $99,900, averaging $1,758,112, and reaching up to $6,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 269K
Population Growth (5Y) +5.5%
Median Household Income $70,171
College Educated 24.0%

High-Yield Neighborhoods for Investment

Identify Lakeland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
33809 $115K
33815 $695K
33801 $1.4M
33805 $3M

Taxes & Financing

Tax Rate (average for all types) 1.57%
Property Tax per SF $25.55 per SF
Tax Rate vs County Average 0.03 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Polk County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Polk County

Residential Income

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