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Lakefront Apartment Community
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306 Lake Millsite Rd, Bartow, FL 33830

Ten-unit apartment complex with recently renovated interiors, central air, and separately metered electricity on Lake Millsite frontage.

Property Size7,459 SF
Lot Size0.87 Acres
Days on Market121

Property Features for 306 Lake Millsite Rd

General Information

Standard status Active
Size 7,459 SF
Lot size 0.87 Acres
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 10

Amenities

central air conditioning
pool
lake frontage

Building Details

Year Built 1971
Construction concrete block and wood
Listing Agency: 100UNits.com
Listed By: Joe LaFleur · License #BK3206282
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 10:57PM

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 100UNits.com

Investment Insights

Based on property information with market context.

Lonesome Pine is a 10-unit multifamily property built in 1971 and recently renovated. The complex includes a mix of concrete block and wood construction with flat-rolled and gable-shingle roofing, comprising two one-story buildings and one two-story building. The total configuration is approximately 7,459 gross square feet. The unit mix features eight one-bedroom, one-bath units; one two-bedroom, one-bath unit; and one three-bedroom, two-bath house facing the lake. Central air conditioning is provided in the units.

The community offers frontage on Lake Millsite and includes a pool. Utilities are separately metered for electric, with electricity paid by the tenants, while the landlord pays for water, sewer, and trash.

Set on about 0.87 acres, Lonesome Pine is positioned within minutes of Bartow Municipal Airport, Legoland Florida, Polk State College, and Interstate 4.

Key Highlights

  • 10‑unit multifamily complex built in 1971 and recently renovated
  • Approximately 7,459 gross SF across 2 one‑story buildings and 1 two‑story building
  • Unit mix: 8 one bed/1 bath, 1 two bed/1 bath, and 1 three bed/2 bath lake‑facing house

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store Law Firm Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

43
Businesses Nearby

Demographics for 33830, FL

29,926
Population
11,989
Households
2.5
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
120.5 sq mi
ZIP Area
248
Density / Sq Mi
$62,636
Median Household Income
$37,078
Median Earnings
$1,017
Median Rent
$207,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Ten-unit apartment complex with recently renovated interiors, central air, and separately metered electricity on Lake Millsite frontage.
Where is this multifamily property located?
The property is located at 306 Lake Millsite Rd Bartow, FL.
What are key features of this property?
This property features: 10‑unit multifamily complex built in 1971 and recently renovated; Approximately 7,459 gross SF across 2 one‑story buildings and 1 two‑story building; Unit mix: 8 one bed/1 bath, 1 two bed/1 bath, and 1 three bed/2 bath lake‑facing house
More about this property
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