4-Unit Duplex
New
For Sale
$673,500
822 & 830 SHIRLEY ANN Trail, Lakeland, FL 33809
Residential Income, LAKELAND, FL
Property Size1,938 SF
Lot Size0.54 Acres
Price / SF$347.52
Days on Market3
Property Features for 822 & 830 SHIRLEY ANN Trail
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2
Bedrooms
8
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 3, Dining Room, Bedroom 7, Laundry Room, Bathroom 7, Bedroom 5, Bathroom 6, Bedroom 6, Bathroom 8, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 1, Bathroom 5, Bathroom 1, Bedroom 8
Parking features
Driveway
Patio and Porch features
Porch
Pets allowed
Dogs OK, Cats OK
Interior features
Ceiling Fans(s), Living Room/Dining Room Combo, Thermostat
Exterior features
Private Mailbox
Appliances
Dishwasher, Electric Cooktop, Electric Water Heater, Range Hood, Refrigerator
Subdivision
LAKE GIBSON VILLAS
Lot features
Cul-De-Sac, In County, Landscaped, Paved
View
City
Directions
From US 98 North and E Daughtery Road, go West on Daughtery Road to Norton Road. Turn North (left) on Norton to Shirley Ann Trail on the left and drive to property on the left.
Standard status
Active
APN
23-27-24-000000-034050
Size
1,938 SF
Lot size
0.54 Acres
Taxes and HOA fees
Tax Year
2025
Tax 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
Tax Annual Amount
9587
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
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1978
Floors in Building
1
Flooring type
Tile - Ceramic
Building materials
Block, Concrete, Stucco
Roof type
Shingle
Listing Agency:
LAKELAND HOMES AND REALTY, LLC
(863) 248-7260
Listed By:
Milton De La Cruz · License #3217064
(863) 899-6030
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 16 at 9:06PM
MLS# L4965785
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.
The Lakeland offering combines two concrete-block duplexes at 822/824 and 830/832 Shirley Ann Trail. Together, they contain four occupied apartments, each with two bedrooms and two bathrooms. The property has 0.54 acres and is zoned R-2. One duplex received an architectural shingle roof in 2025; a new roof is to be installed on the other before closing. Ceramic tile flooring, central air conditioning, electric central heat, and driveway parking are among the property features.
The properties are offered together as one package, not for separate sale. The location provides access to I-4 and US Highway 98 North, with shopping, restaurants, public transportation, and employment centers also noted nearby. Public water and septic service are listed for the property.
The properties are offered together as one package, not for separate sale. The location provides access to I-4 and US Highway 98 North, with shopping, restaurants, public transportation, and employment centers also noted nearby. Public water and septic service are listed for the property.
Key Highlights
- Four occupied units across two duplexes; each apartment has 2 bedrooms and 2 bathrooms
- Combined site area of 0.54 acres; R‑2 zoning
- One duplex has a 2025 architectural shingle roof; a new roof is planned for the other before closing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,548
Cap Rate
3.05%
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 3.05%
Second Best
Apartment 5plus
$262.2K
$229.5K – $306.0K
NOI $18,357 @ 7.0% cap · market cap 2.73%
Theoretical Best
Office A
$465.7K
$407.5K – $543.3K
NOI $32,600 @ 7.0% cap · market cap 4.84%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each apartment has two bedrooms and two bathrooms, and all four units are currently occupied.
Where is this duplex located?
The property is located at 822 & 830 SHIRLEY ANN Trail Lakeland, FL.
What is the asking price?
The asking price for this property is $673,500.
What are key features of this property?
This property features: Four occupied units across two duplexes; each apartment has 2 bedrooms and 2 bathrooms; Combined site area of 0.54 acres; R‑2 zoning; One duplex has a 2025 architectural shingle roof; a new roof is planned for the other before closing
