Two-Story Concrete Block
1111/1113 JEWEL Avenue Lakeland, FL 33805
1111/1113 JEWEL Avenue, Lakeland, FL, 33805
$565,000
For Sale
$565,000
MULTI_FAMILY - LAKELAND, FL
Property Size3,778 SF
Lot Size0.19 Acres
Price / SF$149.55
Days on Market79
Property Features for 1111/1113 JEWEL Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Zoning
- RB-1
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bathroom 3, Bathroom 4, Bedroom 1, Bathroom 1, Bathroom 2, Laundry Room, Bedroom 6, Utility Room, Bathroom 5, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 3, Bathroom 6
- 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 Description
- WESWEGO SUB PB 8 PG 11 BLK 3 LOT 18
- Tax Annual Amount
- 367
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
Building Details
- Year built
- 2026
- Floors in Building
- 2
- Flooring type
- Tile
- Building materials
- Block, Cement Siding
- Roof type
- Shingle
Listing agency
HARPER REALTY FL, LLC
(863) 687-8020
Listed by
Greg McSwain · License #3242009
(863) 797-5121
Added: May 5 Updated: Jul 22 at 5:39PM Checked: Jul 22 at 8:06PM
MLS# L4961665
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 two-story duplex is newly completed and built with concrete block construction. The property features two spacious, well-designed units, each with a modern layout that includes a kitchen, comfortable bedrooms, and contemporary styling throughout. The design emphasizes durable, low-maintenance living.
Located in Lakeland, the duplex is described as convenient to shopping, dining, schools, medical facilities, and major commuter routes with easy access between Tampa and Orlando. The property is zoned RB-1 and is presented as a for-sale opportunity with no HOA.
The existing configuration provides two separate residential units within one building, offering an owner-occupant or investor the option to rent one side and live on the other, subject to lease and occupancy requirements.
Located in Lakeland, the duplex is described as convenient to shopping, dining, schools, medical facilities, and major commuter routes with easy access between Tampa and Orlando. The property is zoned RB-1 and is presented as a for-sale opportunity with no HOA.
The existing configuration provides two separate residential units within one building, offering an owner-occupant or investor the option to rent one side and live on the other, subject to lease and occupancy requirements.
Key Highlights
- Under construction 2026 two‑story duplex with concrete block construction
- 2 units with multiple bedrooms and 6 bathrooms, plus laundry and utility rooms
- Central air cooling and tile flooring throughout
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
NOI $40,058 @ 7.0% cap · market cap 7.09%
Second Best
Apartment 5plus
$511.2K
$447.3K – $596.4K
NOI $35,785 @ 7.0% cap · market cap 6.33%
Theoretical Best
Office A
$907.9K
$794.4K – $1.06M
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
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - New construction duplex with two spacious units in concrete block construction and 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: Under construction 2026 two‑story duplex with concrete block construction; 2 units with multiple bedrooms and 6 bathrooms, plus laundry and utility rooms; Central air cooling and tile flooring throughout
