Renovated Duplex in Lakeland,
4710 FERNERY LANE Lakeland, FL 33809
4710 FERNERY LANE, Lakeland, FL, 33809
$350,000
For Sale
$350,000
Duplex - LAKELAND, FL
Property Size1,510 SF
Lot Size0.29 Acres
Price / SF$231.79
Days on Market95
Property Features for 4710 FERNERY LANE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- C-3
- Bedrooms
- 6
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Carport
- Interior features
- Kitchen/Family Room Combo
- Standard status
- Active
- APN
- 24-27-30-162500-000123
- Size
- 1,510 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4142.71
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1966
- Number of units
- 2
- Building materials
- Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
CHARLES RUTENBERG REALTY ORLANDO
(407) 622-2122
631 S Orlando Avenue Suite 200, Winter Park, FL
Listed by
Monay Link · License #3395608
(863) 205-2884
Added: Apr 14 Checked: Jul 17 at 8:06 pm
MLS# L4961102
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.
Investment Insights
Based on property information with market context.
This is a completely renovated duplex located in a quiet neighborhood. Each unit features three bedrooms and one bathroom. One unit is currently rented for $1500 per month. The property is situated on a lot of 0.29 acres and has a total size of 1510 square feet. The zoning is C-3. Located in Lakeland, Florida, this property presents an excellent investment opportunity, or the option to reside in one unit while renting out the other.
Key Highlights
- Completely renovated duplex.
- Excellent investment property with rental income.
- Option to live in one unit and rent out the other.
Local 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 | $24.5k | $16.20 |
| − Vacancy | −$1.6k | −$1.05 |
| EGI | $22.9k | $15.15 |
| − OpEx | −$6.9k | −$4.54 |
| NOI | $16.0k | $10.60 |
1,510 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$228.7K
$200.1K – $266.8K
NOI $16,010 @ 7.0% cap · market cap 4.57%
Second Best
Apartment 5plus
$204.3K
$178.8K – $238.4K
NOI $14,303 @ 7.0% cap · market cap 4.09%
Theoretical Best
Office A
$362.9K
$317.5K – $423.4K
NOI $25,401 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Completely renovated duplex in a quiet neighborhood. Investment opportunity.
Where is this duplex located?
The property is located at 4710 FERNERY LANE Lakeland, FL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Completely renovated duplex.; Excellent investment property with rental income.; Option to live in one unit and rent out the other.
