Duplex Property with Resort
For Sale
$255,000
5739 LACAR Way, Lakeland, FL 33805
Residential, LAKELAND, FL
Property Size1,380 SF
Lot Size0.09 Acres
Price / SF$184.78
Days on Market53
Property Features for 5739 LACAR Way
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Family Room, Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 2
Window features
Blinds
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
Playground, Private Yard
Fencing
Fenced
Appliances
Dishwasher, Disposal, Microwave, Range
Subdivision
VILLAGES/BRIDGEWATERVILLAGE 08
Lot features
Landscaped, Level, Sidewalk, Paved
Elementary school
Wendell Watson Elem
Middle school
Lake Gibson Middle/Junio
High school
Tenoroc Senior
Directions
From I-4, get off at exit 33 turn left onto Hwy 33, Left on Huron Way, Left on Maggiore Blvd, Right onto Lacar Way. SOP
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 Description
VILLAGES AT BRIDGEWATER VILLAGE 8 PB 146 PGS 5 & 6 BLK B LOT 8B
Tax Annual Amount
3512
Legal Description
VILLAGES AT BRIDGEWATER VILLAGE 8 PB 146 PGS 5 & 6 BLK B LOT 8B
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
resort-style pool
clubhouse
fitness center
tennis courts
basketball court
playground
sidewalks
private dock
lake access
Cable TV
internet
Building Details
Year built
2016
Floors in Building
1
Flooring type
Tile, Laminate
Building materials
Block, Concrete
Roof type
Shingle
Listing Agency:
REAL BROKER, LLC
(855) 450-0442
Listed By:
Tiffani Cook · License #3657604
(863) 335-0440
Added: Aug 17
Changed: Oct 8
Last Checked: Oct 8 at 9:06PM
MLS# L4964318
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 duplex property includes 1,380 square feet of living area with an open floor plan, kitchen and family room combination, three bedrooms, and two bathrooms. The kitchen features stone counters, an eat-in layout, a dishwasher, disposal, microwave, and range. The primary bedroom is located on the main floor and includes a walk-in closet. Tile and laminate flooring, central heating and cooling, ceiling fans, and a fenced private yard add practical features.
Built in 2016, the home has block and concrete construction, a shingle roof, public water, public sewer, and cable availability. Community amenities include a resort-style pool, clubhouse, fitness center, tennis courts, basketball court, playground, sidewalks, private dock, and lake access. Cable TV and internet are included.
Built in 2016, the home has block and concrete construction, a shingle roof, public water, public sewer, and cable availability. Community amenities include a resort-style pool, clubhouse, fitness center, tennis courts, basketball court, playground, sidewalks, private dock, and lake access. Cable TV and internet are included.
Key Highlights
- 1,380 square feet with three bedrooms and two bathrooms
- Open floor plan with kitchen and family room combination
- Primary bedroom on the main floor with walk‑in closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,632
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$292,640
$292.6K
Cap Rate 7%
$209,029
$209.0K
Cap Rate 9%
$162,578
$162.6K
Market Conditions
NOI Build-Up for 1,380 SF
Gross rent
$22.4K $16.20/SF
− Vacancy
−$1.5K −$1.05/SF
EGI
$20.9K $15.15/SF
− OpEx
−$6.3K −$4.54/SF
NOI
$14.6K $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%
$292,640
Cap Rate 7%
$209,029
Cap Rate 9%
$162,578
Alternative Uses
Best Use
Multifamily LT 5
$209.0K
$182.9K – $243.9K
NOI $14,632 @ 7.0% cap · market cap 5.74%
Second Best
Apartment 5plus
$186.7K
$163.4K – $217.9K
NOI $13,071 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$331.6K
$290.2K – $386.9K
NOI $23,214 @ 7.0% cap · market cap 9.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
69
Businesses Nearby
Explore this area
Business Placement
Demographics for 33805, FL
26,954
Population
11,908
Households
2.3
Avg Household Size
36
Median Age
17%
College-Educated
82%
High-School Grad
26.0 sq mi
ZIP Area
1,037
Density / Sq Mi
$55,565
Median Household Income
$35,077
Median Earnings
$1,179
Median Rent
$173,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Updated duplex property with an open layout, private yard, and access to extensive community recreation.
Where is this duplex located?
The property is located at 5739 LACAR Way Lakeland, FL.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: 1,380 square feet with three bedrooms and two bathrooms; Open floor plan with kitchen and family room combination; Primary bedroom on the main floor with walk‑in closet
