Duplex with Fenced
For Sale
Under Contract
$252,500
1436 SHIRLEY Drive, Lakeland, FL 33810
Residential, LAKELAND, FL
Property Size1,256 SF
Lot Size0.12 Acres
Price / SF$201.04
Days on Market107
Property Features for 1436 SHIRLEY Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Dining Room, Bathroom 1
Parking features
Open
Patio and Porch features
Porch
Interior features
Cathedral Ceiling(s), Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Window Treatments
Exterior features
Private Yard, Rain Gutters
Appliances
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Subdivision
PLACES NORTH
Lot features
City Limits, Landscaped, Level, Paved
Directions
From Hwy 98 go West on Gib-Galloway Rd. to South on Shirley Dr. to address.
Standard status
Active Under Contract
APN
23-27-26-010014-000121
Size
1,256 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PLACES NORTH PB 94 PG 41 LOT 12 W1/2
Tax Annual Amount
1966
Legal Description
PLACES NORTH PB 94 PG 41 LOT 12 W1/2
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Building Details
Year built
2001
Floors in Building
2
Flooring type
Tile - Ceramic, Carpet
Building materials
Block, Stucco
Roof type
Shingle
Architectural style
Contemporary
Listing Agency:
HARPER REALTY FL, LLC
(863) 687-8020
Listed By:
Travis Redder
(863) 698-6368
Added: Jul 15
Changed: Oct 24
Last Checked: Oct 29 at 6:06AM
MLS# L4963526
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.
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Investment Insights
Based on property information with market context.
This 1,256-square-foot property was built in 2001 and features three bedrooms and two bathrooms. Interior details include a combined living and dining area, ceramic tile in the main living spaces, carpet, and walk-in closets in the bedrooms. The garage has overhead storage, and a fully fenced backyard provides private outdoor space. A porch, rain gutters, central air, and a shingle roof are also included.
The property occupies a 0.12-acre lot in Lakeland. Shopping and dining along Hwy 98, schools, and I-4 are described as a short drive away. The listing states that short-term rental use is allowed.
Reported improvements include a replacement roof from 2022 and windows installed in 2021. The second bathroom was remodeled, and the home has a central AC system and water heater.
The property occupies a 0.12-acre lot in Lakeland. Shopping and dining along Hwy 98, schools, and I-4 are described as a short drive away. The listing states that short-term rental use is allowed.
Reported improvements include a replacement roof from 2022 and windows installed in 2021. The second bathroom was remodeled, and the home has a central AC system and water heater.
Key Highlights
- 1,256‑square‑foot property on a 0.12‑acre lot
- Three bedrooms and two bathrooms, with walk‑in closets in the bedrooms
- Fenced backyard, garage with overhead storage, and porch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,317
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$266,340
$266.3K
Cap Rate 7%
$190,243
$190.2K
Cap Rate 9%
$147,967
$148.0K
Market Conditions
NOI Build-Up for 1,256 SF
Gross rent
$20.3K $16.20/SF
− Vacancy
−$1.3K −$1.05/SF
EGI
$19.0K $15.15/SF
− OpEx
−$5.7K −$4.54/SF
NOI
$13.3K $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%
$266,340
Cap Rate 7%
$190,243
Cap Rate 9%
$147,967
Alternative Uses
Best Use
Multifamily LT 5
$190.2K
$166.5K – $222.0K
NOI $13,317 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$170.0K
$148.7K – $198.3K
NOI $11,897 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$301.8K
$264.1K – $352.1K
NOI $21,128 @ 7.0% cap · market cap 8.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
550
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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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - A 3-bedroom, 2-bath layout includes walk-in closets, a garage, and a private outdoor area.
Where is this duplex located?
The property is located at 1436 SHIRLEY Drive Lakeland, FL.
What is the asking price?
The asking price for this property is $252,500.
What are key features of this property?
This property features: 1,256‑square‑foot property on a 0.12‑acre lot; Three bedrooms and two bathrooms, with walk‑in closets in the bedrooms; Fenced backyard, garage with overhead storage, and porch
