New
For Sale
$565,000
3325 OLD TAMPA HIGHWAY, Lakeland, FL 33803
Built in 2024, this Lakeland property has no HOA.
Property Size2,801 SF
Days on Market4
Property Features for 3325 OLD TAMPA HIGHWAY
General Information
Standard status
Active
Size
2,801 SF
Property subtype
Duplex
Additional Details
Highway Access
Yes
Multifamily Units
2
Building Details
Building Size
2,801 SF
Year Built
2024
Listing Agency:
REAL BROKER, LLC
Listed By:
Miraya Lane
(855) 450-0442
Source:
Tinaheim.kw
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 1 at 3:52PM
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 REAL BROKER, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Lakeland duplex was built in 2024 and includes two residential units. The property has no HOA. Its location is described as between Tampa and Orlando, with access to major highways, shopping, dining, and everyday services.
Key Highlights
- Two‑unit duplex in Lakeland
- Built in 2024
- No HOA
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,699
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$593,980
$594.0K
Cap Rate 7%
$424,271
$424.3K
Cap Rate 9%
$329,989
$330.0K
Market Conditions
NOI Build-Up for 2,801 SF
Gross rent
$45.4K $16.20/SF
− Vacancy
−$2.9K −$1.05/SF
EGI
$42.4K $15.15/SF
− OpEx
−$12.7K −$4.54/SF
NOI
$29.7K $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%
$593,980
Cap Rate 7%
$424,271
Cap Rate 9%
$329,989
Alternative Uses
Best Use
Multifamily LT 5
$424.3K
$371.2K – $495.0K
NOI $29,699 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$379.0K
$331.6K – $442.2K
NOI $26,531 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$673.1K
$589.0K – $785.3K
NOI $47,117 @ 7.0% cap · market cap 8.34%
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
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
139
Businesses Nearby
Explore this area
Business Placement
Demographics for 33803, FL
29,082
Population
15,086
Households
1.9
Avg Household Size
42
Median Age
34%
College-Educated
94%
High-School Grad
16.6 sq mi
ZIP Area
1,752
Density / Sq Mi
$63,180
Median Household Income
$40,358
Median Earnings
$1,337
Median Rent
$236,200
Median Home Value
Check the figures for this property
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 - Built in 2024, this Lakeland property has no HOA.
Where is this duplex located?
The property is located at 3325 OLD TAMPA HIGHWAY Lakeland, FL.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Two‑unit duplex in Lakeland; Built in 2024; No HOA
