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Two-Story Duplex for Sale

1111/1113 JEWEL AVENUE Lakeland, FL 33805

1111/1113 JEWEL AVENUE, Lakeland, FL, 33805
$565,000
For Sale
$565,000

Half Duplex - LAKELAND, FL

Property Size3,778 SF
Lot Size0.19 Acres
Price / SF$149.55
Days on Market76

Property Features for 1111/1113 JEWEL AVENUE

General Information

Property type
Residential
Property subtype
Duplex
Property condition
New Construction
Zoning
RB-1
Bedrooms
6
Bathrooms
6
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room, Utility Room
Parking features
Garage, Garage - Attached
Interior features
Ceiling Fans(s), Walk-in Closet(s)
Exterior features
Sidewalk
Appliances
Microwave
Standard status
Active
APN
23-28-11-033000-003180
Size
3,778 SF
Lot size
0.19 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
367.39

Utilities

Cooling system
Central Air

Building Details

Year built
2026
Flooring type
Tile
Building materials
Block, Cement Siding
Roof type
Shingle
Architectural style
Other
Listing Agency HARPER REALTY FL, LLC
1420 S Florida Ave, Lakeland, FL
Listed by Greg McSwain · License #3242009
Added: May 5 Checked: Jul 19 at 7:06 am
MLS# L4961665 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 newly completed two-story duplex features concrete block construction and includes two separate units. Each unit is laid out for comfortable living with a well-appointed kitchen and multiple bedrooms, along with contemporary finishes throughout. The property is designed for low-maintenance use, with durable construction intended to support long-term occupancy.

The duplex is located in Lakeland, Florida on Jewel Avenue, within the RB-1 zoning classification. The listing notes convenient access to shopping, dining, schools, medical facilities, and major commuter routes.

The property is offered for sale and includes both sides as part of a single duplex offering, with no HOA noted in the remarks.

Key Highlights

  • 2026 new construction duplex with two‑story concrete block construction
  • Concrete block exterior with cement siding and shingle roof
  • Each unit includes central air, tile flooring, and ceiling fans

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 $61.2k $16.20
− Vacancy −$4.0k −$1.05
EGI $57.2k $15.15
− OpEx −$17.2k −$4.54
NOI $40.1k $10.60
3,778 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$572.3K
$500.7K – $667.6K (±1% cap)
NOI $40,058 @ 7.0% cap · market cap 7.09%
Second Best
Apartment 5plus
$511.2K
$447.3K – $596.4K (±1% cap)
NOI $35,785 @ 7.0% cap · market cap 6.33%
Theoretical Best
Office A
$907.9K
$794.4K – $1.06M (±1% cap)
NOI $63,552 @ 7.0% cap · market cap 11.25%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Electrical Service Skin Care Clinic HVAC Service Gym & Fitness Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Newly completed two-story duplex with two units in concrete block construction, offered with no HOA.
Where is this duplex located?
The property is located at 1111/1113 JEWEL AVENUE Lakeland, FL.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: 2026 new construction duplex with two‑story concrete block construction; Concrete block exterior with cement siding and shingle roof; Each unit includes central air, tile flooring, and ceiling fans
Contact an agent
More about this property
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