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Move-In Ready Single-Family Residence

1436 SHIRLEY Drive Lakeland, FL 33810

1436 SHIRLEY Drive, Lakeland, FL, 33810
$260,000
For Sale
$260,000

MULTI_FAMILY - Contemporary - LAKELAND, FL

Property Size1,256 SF
Lot Size0.12 Acres
Price / SF$207.01
Days on Market8

Property Features for 1436 SHIRLEY Drive

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Dining Room
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
Standard status
Active
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

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
Carpet, Tile - Ceramic
Building materials
Block, Stucco
Roof type
Shingle
Architectural style
Contemporary
Listing agency HARPER REALTY FL, LLC
Listed by Travis Redder · License #3164345
Added: Jul 15 Checked: Jul 22 at 1:06AM
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.


Investment Insights

Based on property information with market context.

A well-maintained 3-bedroom, 2-bath home featuring wood-look tile throughout the main living areas and spacious walk-in closets in all bedrooms. The garage includes additional overhead storage, and the fully fenced backyard offers privacy and space for entertaining. The second bathroom has been remodeled, and the home also includes a fully updated approach with a newer roof (2022), new windows (2021), and a new AC system (2026).

Located in North Lakeland, the property is described as minutes from shopping and dining along Hwy 98, with convenient access to schools and I-4 for commuting to Tampa or Orlando.

The listing notes that short-term rental/AirBNB is allowed, and it is presented as having no HOA.

Key Highlights

  • 3‑bedroom, 2‑bath contemporary home built in 2001
  • Recent updates: new roof (2022), new windows (2021), remodeled 2nd bathroom (2026), and new AC system (2026)
  • Wood‑look tile flooring in main living areas; central electric heating and central air conditioning

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $20.3k $16.20
− Vacancy −$1.3k −$1.05
EGI $19.0k $15.15
− OpEx −$5.7k −$4.54
NOI $13.3k $10.60
1,256 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$190.2K
$166.5K – $222.0K (±1% cap)
NOI $13,317 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$170.0K
$148.7K – $198.3K (±1% cap)
NOI $11,897 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$301.8K
$264.1K – $352.1K (±1% cap)
NOI $21,128 @ 7.0% cap · market cap 8.13%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Carpet & Flooring Store Grocery & Convenience Store Gym & Fitness Center (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - 3-bedroom, 2-bath home with wood-look tile, walk-in closets, and a fully fenced backyard.
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 $260,000.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath contemporary home built in 2001; Recent updates: new roof (2022), new windows (2021), remodeled 2nd bathroom (2026), and new AC system (2026); Wood‑look tile flooring in main living areas; central electric heating and central air conditioning
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