Contemporary Duplex with
For Sale
$399,000
1108 JEWEL Avenue, Lakeland, FL 33805
MULTI_FAMILY - Contemporary - LAKELAND, FL
Property Size2,040 SF
Lot Size0.19 Acres
Price / SF$195.59
Days on Market34
Property Features for 1108 JEWEL Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
RB-1
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 4, Bathroom 4, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 1
Parking features
Driveway
Patio and Porch features
Porch, Patio
Pets allowed
Yes
Exterior features
Sliding Doors
Appliances
Range
Subdivision
WESWEGO SUB
Elementary school
Lincoln Avenue Academy
Middle school
Lawton Chiles Middle
High school
George Jenkins High
Directions
Headed West on Memorial, Turn right on Jewel. Lot will be on the left handside.
Standard status
Active
APN
23-28-11-033000-006020
Size
2,040 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
WESWEGO SUB PB 8 PG 11 BLK 6 LOT 2
Tax Annual Amount
298
Legal Description
WESWEGO SUB PB 8 PG 11 BLK 6 LOT 2
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2026
Floors in Building
1
Flooring type
Vinyl, Carpet
Building materials
Stucco
Roof type
Shingle
Architectural style
Contemporary
Listing Agency:
KELLER WILLIAMS REALTY SMART
(863) 577-1234
Listed By:
Daryl Ash, II · License #3283301
(863) 934-1548
Added: Jul 2
Changed: Aug 3
Last Checked: Aug 4 at 2:06PM
MLS# L4963399
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.
Investment Insights
Based on property information with market context.
Pre-construction offering for a contemporary duplex-style residential building to be built on the combined addresses of 1106 & 1108 Jewel Avenue. The plan calls for two 3-bedroom, 2-bath units, each with garages and porches. The project is currently listed as under construction, with an estimated year built of 2026.
The property sits on a 0.19-acre lot with a total property size of 2,040 square feet. Building exterior materials include stucco, with a shingle roof. Interior finishes noted include carpet and vinyl flooring. Heating and cooling are listed as central with central air. Additional exterior details include sliding doors, and patio/porch features are listed as porch and patio. Parking is listed as driveway.
Utilities are listed as public water and public sewer. A range is included in the appliance list. Buyer is advised to verify zoning, permitting, utilities, measurements, intended use, and development requirements.
The property sits on a 0.19-acre lot with a total property size of 2,040 square feet. Building exterior materials include stucco, with a shingle roof. Interior finishes noted include carpet and vinyl flooring. Heating and cooling are listed as central with central air. Additional exterior details include sliding doors, and patio/porch features are listed as porch and patio. Parking is listed as driveway.
Utilities are listed as public water and public sewer. A range is included in the appliance list. Buyer is advised to verify zoning, permitting, utilities, measurements, intended use, and development requirements.
Key Highlights
- Pre‑construction duplex plan for 1106 & 1108 Jewel Avenue
- Two 3‑bedroom, 2‑bath units with garages and porches
- 0.19‑acre lot and 2,040 SF total property size
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.0k | $16.20 |
| − Vacancy | −$2.1k | −$1.05 |
| EGI | $30.9k | $15.15 |
| − OpEx | −$9.3k | −$4.54 |
| NOI | $21.6k | $10.60 |
2,040 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$309.0K
$270.4K – $360.5K
NOI $21,630 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$276.0K
$241.5K – $322.1K
NOI $19,323 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$490.2K
$429.0K – $571.9K
NOI $34,316 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
403
Businesses Nearby
Explore this area
Business Placement
Demographics for 33805, FL
26,954
Population
11,908
Households
2.3
Avg Household Size
36
Median Age
17%
College-Educated
82%
High-School Grad
26.0 sq mi
ZIP Area
1,037
Density / Sq Mi
$55,565
Median Household Income
$35,077
Median Earnings
$1,179
Median Rent
$173,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Pre-construction duplex in RB-1 zoning with two 3-bedroom units, porches, and central heating and cooling.
Where is this duplex located?
The property is located at 1108 JEWEL Avenue Lakeland, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Pre‑construction duplex plan for 1106 & 1108 Jewel Avenue; Two 3‑bedroom, 2‑bath units with garages and porches; 0.19‑acre lot and 2,040 SF total property size
