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Half Duplex Residence

5739 LACAR WAY Lakeland, FL 33805

5739 LACAR WAY, Lakeland, FL, 33805
$265,000
For Sale
$265,000

Half Duplex - LAKELAND, FL

Property Size1,380 SF
Lot Size0.09 Acres
Price / SF$192.03
Days on Market52

Property Features for 5739 LACAR WAY

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Kitchen, Living Room
Parking features
Garage, Garage - Attached
Pets allowed
Yes
Interior features
Ceiling Fans(s), Eat-in Kitchen, In Wall Pest System, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat, Walk-in Closet(s)
Exterior features
Level, Paved, Fencing, Playground, Private Yard
Fencing
Fenced
Appliances
Dishwasher, Garbage Disposer, Microwave, Range, Washer
Standard status
Active
APN
24-27-21-161755-020082
Size
1,380 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
3512
Expense value
142
Expense
Home Owner Assessments Fee
Expense freq.
Monthly

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
2016
Flooring type
Laminate, Tile
Building materials
Block, Concrete
Roof type
Shingle
Architectural style
Other
Listing Agency KELLER WILLIAMS REALTY SMART
218 E. Pine Street, Lakeland, FL
Listed by Tiffani Cook · License #3657604
Added: May 28 Checked: Jul 18 at 12:06 am
MLS# L4962279 Listing URL

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.

This half duplex residence offers an open-concept layout with natural light throughout. The kitchen features a large island and is paired with an abundance of storage, including a generous walk-in closet in the primary suite. Outside, enjoy scenic views and relaxing walks around the community lakes.

Located at 5739 LACAR WAY in Lakeland, Florida (33805), the home is within an amenity-rich community. Residents have access to a resort-style pool, clubhouse, fitness center, tennis courts, basketball court, playground, sidewalks, and a private dock with lake access. Cable TV and internet are also included.

Set on approximately 0.09 acres, this home is 1,380 square feet and is being offered for sale. With its indoor layout centered on the kitchen and outdoor lake-focused setting, it is positioned for an active lifestyle or a quieter retreat within the community amenities.

Key Highlights

  • 2016‑built home with an open floorplan and kitchen/living room combo layout
  • Primary bedroom on the main floor with walk‑in closet(s) and stone counters in the kitchen
  • Central heating and central air conditioning plus ceiling fans throughout

Local Financial Insights For Apartment 5plus

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 $25.3k $18.36
− Vacancy −$1.6k −$1.14
EGI $23.8k $17.22
− OpEx −$10.7k −$7.75
NOI $13.1k $9.47
1,380 SF · lease $18.36/SF/yr · vacancy 6.20% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$186.7K
$163.4K – $217.9K (±1% cap)
NOI $13,071 @ 7.0% cap · market cap 4.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$331.6K
$290.2K – $386.9K (±1% cap)
NOI $23,214 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Real Estate Agency Dental Office Law Firm Building Supply Hair Salon Spa & Massage Center Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Pharmacy

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

FAQs

What type of property is this?
Single family property - Open-concept half duplex with lake views and community resort amenities, including pool, fitness center, and lake access.
Where is this single family property located?
The property is located at 5739 LACAR WAY Lakeland, FL.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 2016‑built home with an open floorplan and kitchen/living room combo layout; Primary bedroom on the main floor with walk‑in closet(s) and stone counters in the kitchen; Central heating and central air conditioning plus ceiling fans throughout
Contact an agent
More about this property
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