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Six-Bedroom Duplex
For Sale
$565,000

3325 OLD TAMPA Highway, Lakeland, FL 33803

Residential Income, LAKELAND, FL

Property Size2,801 SF
Lot Size0.42 Acres
Price / SF$201.71
Days on Market10

Property Features for 3325 OLD TAMPA Highway

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-3
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bedroom 3, Bedroom 2, Bedroom 5, Bathroom 4, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 6, Bedroom 4
Interior features High Ceilings, Open Floorplan
Exterior features Private Mailbox
Subdivision WEBSTER & OMOHUNDRO SUB
Directions From I-4, take the Polk Parkway (FL-570) toward Lakeland. Exit toward Harden Blvd, continue to Old Tampa Highway, and proceed to 3325 Old Tampa Highway
Standard status Active
APN 23-28-21-090500-000702
Size 2,801 SF
Lot size 0.42 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description WEBSTER & OMOHUNDRO SUB PB 3 PG 81 LOT 7 THAT PT DESC AS BEG AT NW COR OF SE1/4 RUN S 461.72 FT N 67 DEG 43 MIN E 293.56 FT TO POB CONT N 67 DEG 43 MIN E 75 FT N 23 DEG 04 MIN 31 SEC W 278.22 FT SWLY ALONG RR R/W CURVE 101.19 FT S 23 DEG 04 MIN 31 SE C E 209.35 FT TO POB
Tax Annual Amount 6877
Legal Description WEBSTER & OMOHUNDRO SUB PB 3 PG 81 LOT 7 THAT PT DESC AS BEG AT NW COR OF SE1/4 RUN S 461.72 FT N 67 DEG 43 MIN E 293.56 FT TO POB CONT N 67 DEG 43 MIN E 75 FT N 23 DEG 04 MIN 31 SEC W 278.22 FT SWLY ALONG RR R/W CURVE 101.19 FT S 23 DEG 04 MIN 31 SE C E 209.35 FT TO POB

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Central
Cooling system Central Air

Building Details

Year built 2024
Floors in Building 2
Building materials Stucco
Roof type Shingle
Listing Agency: REAL BROKER, LLC
Listed By: Miraya Lane, PA · License #3455140
Added: Oct 28 Changed: Nov 6 Last Checked: Nov 6 at 11:06AM
MLS# O6453286

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.

Rey
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Investment Insights

Based on property information with market context.

Built in 2024, this Lakeland duplex contains 2,801 square feet across six bedrooms and four bathrooms. Interior features include high ceilings and an open floor plan. Central heating and air conditioning serve the building; the exterior is stucco with a shingle roof. The property also has a private mailbox.

The 0.42-acre parcel is in Lakeland, between Tampa and Orlando. Cable is available, and the property uses a septic tank. Zoning is R-3, and there is no HOA.

Key Highlights

  • Duplex with 2,801 square feet
  • Six bedrooms and four bathrooms
  • Built in 2024 on a 0.42‑acre parcel

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 (±1% cap)
NOI $29,699 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$379.0K
$331.6K – $442.2K (±1% cap)
NOI $26,531 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$673.1K
$589.0K – $785.3K (±1% cap)
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

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

139
Businesses Nearby

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
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Market

Average Price Trend$/SF for Duplexes in Lakeland, FL

$188 Jul
$195 Aug
$184 Sep
$197 Oct

Properties on Market for Duplexes in Lakeland

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - R-3 zoning and no HOA provide a straightforward framework for this two-unit residential property.
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: Duplex with 2,801 square feet; Six bedrooms and four bathrooms; Built in 2024 on a 0.42‑acre parcel
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