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Lakeland, FL Apartment Buildings for Sale

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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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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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6-Unit Apartment Building
6-Unit Apartment Building

214 CHESTNUT ROAD, Lakeland, FL 33815

$695,000
3,999 sqft

Fully leased apartment property with separately metered units, central A/C, concrete construction, and city utilities.

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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

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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

$115,000
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

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

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Garden-Style Lakefront Apartment Community
Garden-Style Lakefront Apartment Community

5233 U.S. Highway 98 North, Lakeland, FL 33809

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220-unit, garden-style apartment community on a lakefront setting with recently completed major interior and exterior renovations.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 12 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.

Corner Mixed-Use Retail and Apartments
Corner Mixed-Use Retail and Apartments

111 S Collins Street, Plant City, FL 33563

$2,000,000
10,154 sqft

Downtown corner property with three triple-net commercial suites and five apartments above, plus private rear parking.

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Plant City Multifamily Investment Opportunity
Plant City Multifamily Investment Opportunity

601 W BAKER ST, Plant City, FL 33563

$399,900
3,045 sqft 0.25 AC lot

Five-unit residential property with income potential in Plant City.

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Seven-Unit Apartment Complex
Seven-Unit Apartment Complex

2817 Jersey Rd, Winter Haven, FL 33881

Contact for pricing
8,700 sqft 5.00 AC lot

Concrete-block construction, central air conditioning, and separately metered electric serve the existing units.

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Remodeled Apartment Buildings
Remodeled Apartment Buildings

3801 Avenue J NW, Winter Haven, FL 33881

Contact for pricing

Six-building multifamily property with renovated interiors, updated mechanical systems, and washer/dryer connections.

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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

Value Estimation by Request
9,600 sqft 1.34 AC lot
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1125 Olive St
Multifamily properties

1125 Olive St, Lakeland, FL 33815

Value Estimation by Request
2,400 sqft 0.40 AC lot
View details
1619 Goodyear Ave
Multifamily properties

1619 Goodyear Ave, Lakeland, FL 33801

Value Estimation by Request
37,516 sqft 3.19 AC lot
View details
453 Westgate Ave
Multifamily properties

453 Westgate Ave, Lakeland, FL 33815

Value Estimation by Request
2.02 AC lot
View details

Lakeland, FL Apartment Buildings Market Trends and Statistics

Explore 16 apartment buildings for sale in Lakeland, FL, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 46,440 square feet of properties for sale, with an estimated market value of $14,775,000.

Sale prices for two-family homes in Lakeland, FL start at $115,000, averaging $1,641,666, 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 pricing trends across core commercial property types in Polk County

Residential Income

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