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    4059 Orange Ave SE Lakeland, FL 33812

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    For Sale
    $559,900

    Six-unit apartment complex in Lakeland, Florida, fully occupied.

    Lot size:
    0.38 Acres

    Property Features for 4059 Orange Ave SE

    General Information

    Lot size
    0.38 Acres

    Building Details

    Year built
    1950

    Source: YOU FIRST REALTY AND ASSOC LLC Agent Ramez Lahham

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lakeland Multifamily Investment Opportunity

    This six-unit apartment complex is 100% occupied, with all units being studios. The property consists of three duplexes situated on a corner lot. Each apartment has a separate electric meter, and each duplex has its own septic tank, installed in 2021. The property is connected to public water service. The total monthly income is $5,900, resulting in a gross annual income of $70,800 and a net annual income of $57,297. The property is located in the heart of Highland City in Lakeland, Florida, close to Publix, Lowe's, Home Depot, Walmart, and other major stores.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.8825767
    Latitude
    27.9656896

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    FAQs

    What type of property is this?
    Apartment building - Six-unit apartment complex in Lakeland, Florida, fully occupied.
    Where is this apartment building located?
    The property is located at 4059 Orange Ave SE Lakeland, FL.
    What is the asking price?
    The asking price for this property is $559,900.
    What are key features of this property?
    This property features: - 100% Occupied 6-Unit Apartment Complex featuring studio apartments; - High Net Annual Income: $57,297; - Separate Electric Meters for Each Unit
    (813) 458-6686
    Request Owner's contact information
    4059 Orange Ave SE Lakeland, FL 33812
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    Lakeland, FL 33812
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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
    4059 Orange Ave SE Lakeland, FL 33812
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