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Lakeland Multifamily Development Opportunity

1205 NEVILLE AVENUE Lakeland, FL 33805

1205 NEVILLE AVENUE, Lakeland, FL, 33805
$2,500,000
For Sale
$2,500,000

Multi-Family 5+ - LAKELAND, FL

Property Size2,454 SF
Lot Size3.53 Acres
Price / SF$1,018
Days on Market435

Property Features for 1205 NEVILLE AVENUE

General Information

Property type
Commercial Sale
Property subtype
Other
Property condition
New Construction
Zoning
RA-3
Standard status
Active
APN
23-28-11-000000-021150
Size
2,454 SF
Lot size
3.53 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
6367.48

Utilities

Cooling system
Central Air

Building Details

Year built
1965
Number of units
4
Building materials
Block
Architectural style
Other
Listing Agency STRAIGHT UP REALTY & PM LLC
705 N. Lake Parker Ave, LAKELAND, FL
Listed by Mary Kay Cook · License #3082392
Added: May 9, 2025 Checked: Jul 17 at 7:06 pm
MLS# L4952590 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 pre-construction multifamily development opportunity in Lakeland, Florida, features a package of four buildings with 87 apartments. The property is in the entitlement phase and includes civil drawings and architect renderings. Located close to the I-4 interchange, Barnett Park, and downtown, the property backs up to 7th Street Park with a gated entrance. The site spans 3.53 acres and is zoned RA-3. The property offers a strong head start for investors and developers, creating exceptional value. Possible Midtown CRA grants may be available. The location is suitable for workforce housing, benefiting teachers, healthcare workers, police, and others. New hospitals are coming to Lakeland, adding to the location's appeal. The property size is 2454 square feet.

Key Highlights

  • Multifamily development package with entitlements for 87 apartments.
  • Pre‑construction phase offers opportunity for customization and value creation.
  • Potential for Midtown CRA grants.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

SILOAM HEALTHCARE Home Health Care Service ALL INCLUSIVE HOME ... Home Health Care Service

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Hair Salon Gym & Fitness Center Nail Salon Skin Care Clinic HVAC Service Electrical Service Furniture & Home Goods

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

FAQs

What type of property is this?
Apartment building - Pre-construction multifamily development package in Lakeland, Florida.
Where is this apartment building located?
The property is located at 1205 NEVILLE AVENUE Lakeland, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Multifamily development package with entitlements for 87 apartments.; Pre‑construction phase offers opportunity for customization and value creation.; Potential for Midtown CRA grants.
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