Duplex-Style Residential Building with
1108 JEWEL AVENUE Lakeland, FL 33805
For Sale
$399,000
Plans call for a duplex-style building with two 3-bedroom, 2-bath units, each with a garage and porch.
Property Size2,040 SF
Price / SF$195.59
Days on Market18
Property Features for 1108 JEWEL AVENUE
General Information
- Standard status
- Active
- Size
- 2,040 SF
- Property subtype
- Half Duplex
Building Details
- Year Built
- 2026
Listing Agency:
KELLER WILLIAMS REALTY SMART
(863) 577-1234
Listed By:
Daryl Ash, II · License #3283301
Source:
Dennisrealty
Added: Jul 9
Changed: Jul 25
Last Checked: Jul 25 at 6:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS REALTY SMART
Investment Insights
Based on property information with market context.
Pre-construction offering for a proposed duplex-style residential building at 1106 & 1108 Jewel Avenue. Plans on file call for two separate 3-bedroom, 2-bath units, with each unit designed to include a garage and a porch.
The property is described as being conveniently located near major roads as well as shopping, dining, and employment centers. Buyer to verify zoning, permitting, utilities, measurements, intended use, and all development requirements.
Because this is a pre-construction build, interested parties should review the plans on file and confirm all development approvals before moving forward.
The property is described as being conveniently located near major roads as well as shopping, dining, and employment centers. Buyer to verify zoning, permitting, utilities, measurements, intended use, and all development requirements.
Because this is a pre-construction build, interested parties should review the plans on file and confirm all development approvals before moving forward.
Key Highlights
- 1106 & 1108 Jewel Avenue offered as a two‑address pre‑construction duplex‑style residential plan
- Plans call for two 3‑bedroom, 2‑bath units in a duplex‑style building
- Each unit includes a garage and a porch
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Plans call for a duplex-style building with two 3-bedroom, 2-bath units, each with a garage and porch.
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: 1106 & 1108 Jewel Avenue offered as a two‑address pre‑construction duplex‑style residential plan; Plans call for two 3‑bedroom, 2‑bath units in a duplex‑style building; Each unit includes a garage and a porch
