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Renovated Two-Bedroom Duplex

4814 POCAHONTAS LANE, Lakeland, FL 33810

For Sale
$365,000
Pending

Two-unit residential property with updated interiors, new appliances, refreshed flooring, and modernized mechanical and roofing systems.

Property Size1,344 SF
Days on Market582

Property Features for 4814 POCAHONTAS LANE

General Information

Standard status Pending
Size 1,344 SF
Property subtype Multi Family

Site & Location

Neighborhood North 98

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,019

Building Details

Year Built 1973
Buildings 1
Listing Agency: HANCOCK REALTY GROUP
Listed By: Max Claircius · License FL #3512775
Source: Exitrealty
Added: Apr 10, 2025 Changed: Nov 4 Last Checked: Nov 4 at 11:00AM

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 HANCOCK REALTY GROUP

Rey
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Investment Insights

Based on property information with market context.

This duplex contains 1,344 square feet and was built in 1973. Both residences offer two bedrooms, upgraded kitchens with new appliances and countertops, and new flooring throughout. Each unit has been renovated with contemporary interior finishes and updated components.

The property also includes a new roof and new AC systems, providing major improvements to the building’s exterior and climate-control infrastructure. Located at 4814 Pocahontas Lane in Lakeland, Florida, the asset is configured for two separate residential units.

Key Highlights

  • Two‑unit duplex with 1,344 square feet
  • Each unit includes two bedrooms
  • Renovated kitchens feature new appliances and countertops

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,250
Cap Rate
3.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,000 $285.0K
Cap Rate 7%
$203,571 $203.6K
Cap Rate 9%
$158,333 $158.3K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$21.8K $16.20/SF
− Vacancy
−$1.4K −$1.05/SF
EGI
$20.4K $15.15/SF
− OpEx
−$6.1K −$4.54/SF
NOI
$14.3K $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%
$285,000
Cap Rate 7%
$203,571
Cap Rate 9%
$158,333

Alternative Uses

Best Use
Multifamily LT 5
$203.6K
$178.1K – $237.5K (±1% cap)
NOI $14,250 @ 7.0% cap · market cap 3.90%
Second Best
Apartment 5plus
$181.9K
$159.1K – $212.2K (±1% cap)
NOI $12,730 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$323.0K
$282.6K – $376.8K (±1% cap)
NOI $22,608 @ 7.0% cap · market cap 6.19%
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

Location Intelligence

Trade Area within ½ mile

483
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Two-unit residential property with updated interiors, new appliances, refreshed flooring, and modernized mechanical and roofing systems.
Where is this duplex located?
The property is located at 4814 POCAHONTAS LANE Lakeland, FL.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,344 square feet; Each unit includes two bedrooms; Renovated kitchens feature new appliances and countertops
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