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    1116 Unitah Ave Lakeland, FL 33803

    Pending
    For Sale
    $499,900

    Triplex - LAKELAND, FL

    Type:Triplex
    Property size:
    3,600 SF
    Lot size:
    0.19 Acres
    Days on Market:
    41
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 1116 Unitah Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Pending
    Zoning
    MF-12
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    APN
    23-28-24-109000-001040
    Interior features
    Living Room/Dining Room Combo, Open Floorplan, Primarybedroom Upstairs, Thermostat
    Exterior features
    Paved, Fence
    Fencing
    Fenced
    Appliances
    Range, Refrigerator
    Size
    3,600 SF
    Lot size
    0.19 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1981
    Number of units
    3
    Building materials
    Stucco
    Roof type
    Metal
    Architectural style
    Other

    Keller Williams Realty of Brandon (813) 684-9500 [email protected]

    Listing agent Angie Banda (813) 684-9500 License #3588099

    Listing date Oct 27, 2025

    MLS# TB8434825 Listing URL

    Copyright © 2025 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 Triplex Investment Opportunity

    This income-generating triplex in Lakeland, Florida, presents an excellent investment opportunity. The property features three units, each offering 1,200 square feet of living space and a balcony. The property is being sold with the adjacent parcel TB8434834 and must be purchased together. Located just 5 minutes from Florida Southern College and steps from scenic Lake Hunter, tenants enjoy convenient access to walking trails and nearby amenities. The property has a steady rental history with room for future income growth. The lot size is 0.19 acres, and the total property size is 3,600 square feet. The zoning is MF-12.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.968571
    Latitude
    28.027972

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    FAQs

    What type of property is this?
    Triplex - Income-generating triplex near Florida Southern College and Lake Hunter.
    Where is this triplex located?
    The property is located at 1116 Unitah Ave Lakeland, FL.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: - Excellent investment opportunity: Triplex with income-generating potential.; - Each of the 3 units offers 1,200 sqft and a balcony.; - Must buy with adjacent parcel TB8434834.
    (813) 684-9500
    Request Owner's contact information
    1116 Unitah Ave Lakeland, FL 33803
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    Lakeland, FL 33803
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    Realmo Value Estimation

    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.

    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.

    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
    1116 Unitah Ave Lakeland, FL 33803
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