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    915 E Palmetto St Lakeland, FL 33801

    For Sale
    $1,390,000

    Multi Family - LAKELAND, FL

    Type:Single Family Attached
    Property size:
    8,348 SF
    Lot size:
    0.45 Acres
    Days on Market:
    186
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 915 E Palmetto St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Active
    Zoning
    RA-4
    APN
    24-28-19-215500-002010
    Size
    8,348 SF
    Lot size
    0.45 Acres

    Utilities

    Heating system
    Central, Ductless (Heating)
    Cooling system
    Central Air, Ductless, Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1926
    Number of units
    12
    Building materials
    Frame
    Roof type
    Membrane
    Architectural style
    Other

    Smart Realty of Polk Inc dba Keller Williams Realty (863) 577-1234 [email protected]

    Listing agent Ben Becton (863) 577-1234 License #3222078

    Listing date Jun 3, 2025

    MLS# L4950069 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 Multifamily Investment Opportunity

    This multifamily apartment building, located in the Lake Morton Historic District, presents an investment opportunity. The 12-unit building features Mediterranean Revival architecture and is a contributing property in the district. The North Building has been fully renovated, while the South Building has been partially remodeled. The building blends classic charm with modern updates, preserving its historical character while incorporating contemporary amenities. Each unit is fully renovated and includes new appliances and updated fixtures. On-site amenities include a laundry facility and a courtyard. The property is situated on a 0.45-acre lot and has a property size of 8348 square feet. The zoning is RA-4.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.946751
    Latitude
    28.036508

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    FAQs

    What type of property is this?
    Apartment building - Renovated 12-unit apartment building in Lake Morton Historic District.
    Where is this apartment building located?
    The property is located at 915 E Palmetto St Lakeland, FL.
    What is the asking price?
    The asking price for this property is $1,390,000.
    What are key features of this property?
    This property features: - Fully renovated units with brand-new appliances and updated fixtures.; - Prime location in the Lake Morton Historic District.; - Mediterranean Revival architecture with historical significance.
    (863) 577-1234
    Request Owner's contact information
    915 E Palmetto St Lakeland, FL 33801
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    Lakeland, FL 33801
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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
    915 E Palmetto St Lakeland, FL 33801
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