Renovated Two-Bedroom
For Sale
$365,000
Pending
4814 POCAHONTAS LANE, Lakeland, FL 33810
Two-unit residential property with updated interiors, new appliances, refreshed flooring, and modernized mechanical and roofing systems.
Property Size1,344 SF
Days on Market604
Property Features for 4814 POCAHONTAS LANE
General Information
Standard status
Pending
Size
1,344 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,019
Building Details
Year Built
1973
Buildings
1
Listing Agency:
HANCOCK REALTY GROUP
(352) 708-5650
Listed By:
Max Claircius · License #3512775
(407) 639-1132
Source:
Exitrealty
Added: Feb 19, 2025
Changed: Sep 1
Last Checked: Sep 15 at 5:25AM
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 HANCOCK REALTY GROUP
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Investment Insights
Based on property information with market context.
This duplex contains 1,344 square feet and was built in 1973. Both residences offer two bedrooms, upgraded kitchens with new appliances and countertops, and new flooring throughout. Each unit has been renovated with contemporary interior finishes and updated components.
The property also includes a new roof and new AC systems, providing major improvements to the building’s exterior and climate-control infrastructure. Located at 4814 Pocahontas Lane in Lakeland, Florida, the asset is configured for two separate residential units.
The property also includes a new roof and new AC systems, providing major improvements to the building’s exterior and climate-control infrastructure. Located at 4814 Pocahontas Lane in Lakeland, Florida, the asset is configured for two separate residential units.
Key Highlights
- Two‑unit duplex with 1,344 square feet
- Each unit includes two bedrooms
- Renovated kitchens feature new appliances and countertops
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,250
Cap Rate
3.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,000
$285.0K
Cap Rate 7%
$203,571
$203.6K
Cap Rate 9%
$158,333
$158.3K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$21.8K $16.20/SF
− Vacancy
−$1.4K −$1.05/SF
EGI
$20.4K $15.15/SF
− OpEx
−$6.1K −$4.54/SF
NOI
$14.3K $10.60/SF
Area
Lakeland, FL
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,000
Cap Rate 7%
$203,571
Cap Rate 9%
$158,333
Alternative Uses
Best Use
Multifamily LT 5
$203.6K
$178.1K – $237.5K
NOI $14,250 @ 7.0% cap · market cap 3.90%
Second Best
Apartment 5plus
$181.9K
$159.1K – $212.2K
NOI $12,730 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$323.0K
$282.6K – $376.8K
NOI $22,608 @ 7.0% cap · market cap 6.19%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
483
Businesses Nearby
Explore this area
Business Placement
Demographics for 33810, FL
52,037
Population
21,836
Households
2.4
Avg Household Size
42
Median Age
20%
College-Educated
88%
High-School Grad
64.6 sq mi
ZIP Area
806
Density / Sq Mi
$69,738
Median Household Income
$38,416
Median Earnings
$1,407
Median Rent
$245,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with updated interiors, new appliances, refreshed flooring, and modernized mechanical and roofing systems.
Where is this duplex located?
The property is located at 4814 POCAHONTAS LANE Lakeland, FL.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,344 square feet; Each unit includes two bedrooms; Renovated kitchens feature new appliances and countertops
