Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    1027 N BRUNNELL PARKWAY Lakeland, FL 33805

    View on Map
    Claim this Listing
    For Sale
    $289,000

    Duplex - LAKELAND, FL

    Type:Duplex
    Property size:
    1,652 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $174/SF
    Added:
    Jan 21, 2026
    Days on Market:
    107
    Last Refresh:
    May 8 at 1:06 pm

    Property Features for 1027 N BRUNNELL PARKWAY

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Zoning
    RB-1
    Bedrooms
    4
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Interior features
    Solid Surface Counters, Solid Wood Cabinets
    Appliances
    Range, Refrigerator
    Standard status
    Active
    APN
    23-28-11-033500-008070
    Size
    1,652 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    3883.01

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1979
    Number of units
    2
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Kristin Kellin
    Kristin Kellin

    Listing agent Kristin Kellin License #3317559

    Listing office KELLER WILLIAMS REALTY SMART 218 E. Pine Street, Lakeland, FL

    Listing date Jan 21, 2026

    MLS# L4958685 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.

    HighLights

    • Fully tenant‑occupied duplex providing immediate rental income.
    • Updated Unit 1027 features VINYL FLOORING, INTERIOR PAINT, SOLID‑SURFACE COUNTERTOPS, and WOOD CABINETRY.
    • Both units include convenient interior laundry hookups.
    • Separately metered electric and water for each unit.
    • Located near major roadways, shopping, and daily conveniences.
    • Current rents total $2,225 per month.

    Overview

    Lakeland Duplex with Updated Unit

    This duplex in Lakeland, Florida, features two units, each with 2 bedrooms and 1 bathroom, and is fully tenant occupied. One of the units was updated in recent years prior to tenant occupancy with vinyl flooring, interior paint, solid-surface countertops, and wood cabinetry. Both units include interior laundry hookups. The current rents are $1,125 and $1,100 per month, with both leases on a month-to-month basis. Electric and water are separately metered for each unit. The property is located near major roadways, shopping, and daily conveniences. The lot size is 0.18 acres, and the property size is 1,652 square feet. The zoning is RB-1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Gym & Fitness Center Building Supply Accounting Firm Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.980063
    Latitude
    28.056164

    Nearby Similar for Sale

    • $995,000
      4,080 SF

      Highway Frontage Mixed-Use Property

      High-visibility commercial property with office/retail space and outdoor parking.
      4930 US HIGHWAY 92 E, LAKELAND, FL 33801
      View Details
    • $450,000
      1,655 SF

      Lakeland Office with Fenced Yard

      Office property in prime location with excellent accessibility.
      313 W HIGHLAND DRIVE, LAKELAND, FL 33813
      View Details
    • $569,000

      Lakeland Commercial Property Investment Opportunity

      Prime commercial property near Florida Avenue in Lakeland, Florida.
      305 & 309 W MEMORIAL BOULEVARD, LAKELAND, FL 33801
      View Details
    • $850,000
      5,800 SF

      Warehouse and Office Space Available

      5,820 SF warehouse and office space in Lakeland, Florida.
      4459 HOLDEN ROAD, LAKELAND, FL 33811
      View Details
    • $700,000
      4,056 SF

      Lakeland Quadruplex: Income Opportunity

      Income-producing quadplex in Lakeland, Florida, with strong rental demand.
      1962 CRYSTAL GROVE DRIVE, LAKELAND, FL 33801
      View Details
    • $550,000
      3,364 SF

      Lakeland Quadruplex Investment Opportunity

      Updated quadruplex with income potential in established Lakeland area.
      1201 BUDDWOOD ROAD, LAKELAND, FL 33801
      View Details
    • $750,000
      8,591 SF

      Lakeland Assembly Building For Sale

      Income-producing property with development potential in Lakeland, Florida.
      4626 S PIPKIN ROAD, LAKELAND, FL 33811
      View Details
    • $599,900
      2,624 SF

      Income-Producing Quadplex Near FSC

      Fully occupied Lakeland quadplex near Florida Southern College.
      201 ARIANA STREET, LAKELAND, FL 33803
      View Details
    • $1,500,000
      3,192 SF

      Turnkey Restaurant and Bakery Opportunity

      Restaurant and bakery in Lakeland, ready for immediate re-opening.
      830 E MAIN STREET, LAKELAND, FL 33801
      View Details
    • $399,000
      2,038 SF

      Lakeland Duplex with Recent Updates

      Two-story duplex in Lakeland's Midtown, updated in 2021.
      1128 STELLA AVENUE N, LAKELAND, FL 33805
      View Details
    • $318,900
      1,778 SF

      New Lakeland Duplex with Lakefront

      New duplex with income potential near downtown Lakeland.
      1065 / 1067 CAPTIVA POINT, LAKELAND, FL 33801
      View Details
    • $344,900
      1,870 SF

      New Lakeland Duplex with Lakefront

      New duplex with income potential near downtown Lakeland.
      902 / 904 CAPTIVA POINT, LAKELAND, FL 33801
      View Details

    FAQs

    What type of property is this?
    Duplex - Tenant-occupied duplex with updated unit near amenities and major roadways.
    Where is this duplex located?
    The property is located at 1027 N BRUNNELL PARKWAY Lakeland, FL.
    What is the asking price?
    The asking price for this property is $289,000.
    What are key features of this property?
    This property features: Fully tenant‑occupied duplex providing immediate rental income.; Updated Unit 1027 features VINYL FLOORING, INTERIOR PAINT, SOLID‑SURFACE COUNTERTOPS, and WOOD CABINETRY.; Both units include convenient interior laundry hookups.
    (863) 409-5649
    We can help!
    Listing Contact
    Kristin Kellin
    Kristin Kellin
    Real Estate License ID: 3317559
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1027 N BRUNNELL PARKWAY, LAKELAND, FL 33805
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!