Two-Unit Residential
3325 OLD TAMPA Highway, Lakeland, FL 33803
For Sale
New
$565,000
Residential, LAKELAND, FL
Property Size2,801 SF
Lot Size0.42 Acres
Price / SF$201.71
Days on Market1
Property Features for 3325 OLD TAMPA Highway
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Interior features
Exterior features
Appliances
Subdivision
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
REAL BROKER, LLC
(855) 450-0442
Listed By:
Miraya Lane, PA · License FL #3455140
(407) 969-5204
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# O6457234
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.
Built in 2024, this two-unit residential property contains approximately 2,801 square feet. Each unit offers approximately 1,400 square feet, three bedrooms, and two bathrooms. Interior features include an open floor plan and a kitchen connected to the family room; vinyl flooring is installed throughout. The building has stucco construction and a shingle roof.
The property occupies 0.42 acres in Lakeland and is zoned R-3. Water is supplied by a well, and the property uses a septic tank for wastewater. There is no HOA.
The property occupies 0.42 acres in Lakeland and is zoned R-3. Water is supplied by a well, and the property uses a septic tank for wastewater. There is no HOA.
Key Highlights
- Two units, each with approximately 1,400 square feet, 3 bedrooms, and 2 bathrooms
- 2,801‑square‑foot property on 0.42 acres
- Built in 2024; stucco construction and shingle roof
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
Open Analytics
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
$236,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Lakeland, FL
Properties on Market for Duplexes in Lakeland
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms and two bathrooms, with central heating and air conditioning.
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 units, each with approximately 1,400 square feet, 3 bedrooms, and 2 bathrooms; 2,801‑square‑foot property on 0.42 acres; Built in 2024; stucco construction and shingle roof
