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1005 S NEW YORK AVENUE Lakeland, FL 33803

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For Sale
$1,375,000

Multi-Family 5+ - LAKELAND, FL

Property size:
7,241 SF
Lot size:
0.44 Acres
Added:
Feb 26, 2026
Days on Market:
34
Last Refresh:
Apr 1 at 7:06 am

Property Features for 1005 S NEW YORK AVENUE

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
RA-4
Exterior features
Corner Lot, Paved
Appliances
Refrigerator
Standard status
Active
APN
23-28-24-122500-001011
Size
7,241 SF
Lot size
0.44 Acres

Taxes and HOA fees

TaxYear
2025
TaxAnnualAmount
10226

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
1977
Flooring type
Vinyl
Building materials
Concrete
Roof type
Shingle
Architectural style
Other

We can help!

Listing Contact
Carla Morey

Listing agent Carla Morey License #3396610

Listing office LAKELAND HOMES AND REALTY, LLC 2130 E Edgewood Dr, Lakeland, FL

Listing date Feb 26, 2026

MLS# L4959665 Listing URL

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Lakeland Multifamily Investment Opportunity

Located in the Dixieland District of Lakeland, this multifamily property features nine units, offering a stabilized revenue stream. The concrete block building, constructed under one roof, includes eight two-bedroom, one-bath units and one one-bedroom, one-bath unit. Each residence has been renovated and features low-maintenance flooring. The property provides dedicated parking for each unit and an on-site laundry facility. Capital improvements include a roof replacement in 2018 and air conditioning replacements in seven of the nine units within the past five years. Each unit is separately metered for electric and has its own hot water heater. The landlord currently pays for water. The property, situated on a 0.44-acre lot, is zoned RA-4. The building has a property size of 7241 square feet. This asset is positioned for investors seeking a 1031 Exchange opportunity in an established neighborhood. Seller financing is considered with at least 50% down.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

1031 exchange properties

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lakeland
County
Polk
State
Florida
Longitude
-81.959453
Latitude
28.031124

FAQs

What type of property is this?
Apartment building - Nine-unit multifamily property in Lakeland's Dixieland District.
Where is this apartment building located?
The property is located at 1005 S NEW YORK AVENUE Lakeland, FL.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Stabilized, income‑producing 9‑unit multifamily property in Lakeland's desirable Dixieland District.; Renovated units with durable, low‑maintenance flooring, offering a turnkey investment.; Recent capital improvements include roof replacement (2018) and AC replacements in 7 of 9 units.
More about this property
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