Concrete Block
New
For Sale
$339,500
822 SHIRLEY ANN TRAIL, Lakeland, FL 33809
Two two-bedroom residences feature tile floors, updated paint, and a 2025 architectural-shingle roof.
Property Size1,938 SF
Price / SF$175.18
Days on Market3
Property Features for 822 SHIRLEY ANN TRAIL
General Information
Standard status
Active
Size
1,938 SF
Property subtype
Duplex
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
4
Amenities
0.27 acres, Cul-De-Sac, In County, Landscaped, Paved
Shingle
Septic Tank
Additional parcels description:, Parcel Number: 23-27-24-000000-034050, Public Survey Range: 23, Public Survey Section: 24, Annual Amount: $4,794, Tax Book Number: P-81, Legal Description: COMM SW COR OF SW1/4 OF NW1/4 RUN E 743.85 FT N 416 FT E 295 FT FOR POB RUN N 155 FT E 75 FT S 155 FT W 75 FT TO POB BEING LOT 4 OF UNRE LAKE GIBSON VILLAS, Lot: 4, Year: 2025, Zoning: R-2
Ceramic Tile
Gross Income: $33,600
Central Air
Central, Electric
Laundry Room
Listing ID: MFRL4965785, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, On market as of 2026-10-14, 1 day on market, Special Conditions: None
Driveway
4 total bedrooms
Built in 1978, Living area: 1938, Living area units: Square Feet, Levels: One, Construction Materials: Block, Concrete, Stucco
Subdivision: LAKE GIBSON VILLAS, MLS Area (Major): 33809 - Lakeland / Polk City, County/Parish: Polk
Completed, City
4 total bathrooms
Street Lights
Cable Available, Electricity Connected, Public, Water Source: Public
Slab
Close Of Escrow
Allowed: Cats OK, Dogs OK
Electricity, Sewer, Water
Road Surface: Asphalt
Patio/Porch Features: Front Porch, Porch, Private Mailbox
Ceiling Fans(s), Living Room/Dining Room Combo, Thermostat
Dishwasher, Electric Cooktop, Electric Water Heater, Range Hood, Refrigerator
Building Details
Year Built
1978
Buildings
2
Construction
concrete block
Listing Agency:
LAKELAND HOMES AND REALTY, LLC
(863) 248-7260
Listed By:
Milton De La Cruz · License #3217064
(863) 899-6030
Source:
Miharaandassociates
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 16 at 2:16PM
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 LAKELAND HOMES AND REALTY, LLC
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Investment Insights
Based on property information with market context.
Built in 1978, this 1,938-square-foot concrete block duplex contains two 2-bedroom, 2-bathroom residences. Tile flooring runs throughout, and the interiors and exterior have fresh paint. A 2025 architectural-shingle roof is another recent improvement. Both units are occupied, with a record of long-term tenant renewals.
The property is near I-4 and US Highway 98 North, with Walmart, shopping, restaurants, public transportation, and employment opportunities nearby. Tampa and Orlando are accessible via I-4.
This duplex is offered only as part of a package with the adjoining duplex at 830/832 Shirley Ann Trail. Together, the properties comprise four rental units; they are not being sold separately.
The property is near I-4 and US Highway 98 North, with Walmart, shopping, restaurants, public transportation, and employment opportunities nearby. Tampa and Orlando are accessible via I-4.
This duplex is offered only as part of a package with the adjoining duplex at 830/832 Shirley Ann Trail. Together, the properties comprise four rental units; they are not being sold separately.
Key Highlights
- Two 2‑bedroom, 2‑bathroom units in a 1,938‑square‑foot duplex
- Concrete block construction; built in 1978
- 2025 architectural‑shingle roof, fresh interior and exterior paint, and tile flooring throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,548
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,960
$411.0K
Cap Rate 7%
$293,543
$293.5K
Cap Rate 9%
$228,311
$228.3K
Market Conditions
NOI Build-Up for 1,938 SF
Gross rent
$31.4K $16.20/SF
− Vacancy
−$2.0K −$1.05/SF
EGI
$29.4K $15.15/SF
− OpEx
−$8.8K −$4.54/SF
NOI
$20.5K $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%
$410,960
Cap Rate 7%
$293,543
Cap Rate 9%
$228,311
Alternative Uses
Best Use
Multifamily LT 5
$293.5K
$256.9K – $342.5K
NOI $20,548 @ 7.0% cap · market cap 6.05%
Second Best
Apartment 5plus
$262.2K
$229.5K – $306.0K
NOI $18,357 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$465.7K
$407.5K – $543.3K
NOI $32,600 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
451
Businesses Nearby
Explore this area
Business Placement
Demographics for 33809, FL
30,629
Population
12,647
Households
2.4
Avg Household Size
45
Median Age
27%
College-Educated
91%
High-School Grad
65.9 sq mi
ZIP Area
465
Density / Sq Mi
$67,112
Median Household Income
$40,839
Median Earnings
$1,492
Median Rent
$248,700
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
Frequently Asked Questions
What type of property is this?
Duplex - Two two-bedroom residences feature tile floors, updated paint, and a 2025 architectural-shingle roof.
Where is this duplex located?
The property is located at 822 SHIRLEY ANN TRAIL Lakeland, FL.
What is the asking price?
The asking price for this property is $339,500.
What are key features of this property?
This property features: Two 2‑bedroom, 2‑bathroom units in a 1,938‑square‑foot duplex; Concrete block construction; built in 1978; 2025 architectural‑shingle roof, fresh interior and exterior paint, and tile flooring throughout
