Property profile

915 Palmetto St Lakeland, FL 33801

OFF-MARKET
Residential income properties
8,348 SF 0.45 ac lot Built 1926
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Property summary

AI-generated overview

This multifamily apartment building is located in the Lake Morton Historic District in Lakeland, Florida. The property contains 12 units within a Mediterranean Revival architecture style and is a contributing property within the district. The North Building has been fully renovated, while the South Building has been partially remodeled, and the restoration work was done to preserve historical character while adding modern amenities. Each unit is reported as fully renovated with new appliances and updated fixtures. The site includes an on-site laundry facility and a courtyard for residents. The lot size is 0.45 acres, and the building size is approximately 8,348 square feet. Zoning is designated as RA-4.

Property profile

Verified
Property type Residential income properties
Year built 1926
Total area 8,348 SF
Lot 0.45 ac (19,602 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

915 Palmetto St Lakeland, FL 33801
Lakeland metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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