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Property profile & analytics
FOR SALE
Apartment buildings

915 E Palmetto St Lakeland, FL 33801

8,348 SF Built 1926
Property ID
US18-2388056
Property summary
AI-generated overview

Presenting a prime multifamily apartment investment opportunity in the Lake Morton Historic District! This exquisite 12-unit apartment building has been fully renovated in the North Building and partially remodeled in the South Building. As a contributing property in the district, its Mediterranean ... Revival architecture is both captivating and historically significant. The building beautifully blends classic charm with modern updates, having been thoughtfully restored to preserve its historical character while incorporating contemporary amenities. Each unit is fully renovated, featuring brand-new appliances and updated fixtures, offering tenants a comfortable, modern living experience. Additional amenities include an on-site laundry facility for tenant convenience and a spacious courtyard where residents can relax and enjoy Florida’s wonderful climate. This is a rare opportunity to own a beautifully restored historic building in the heart of Lakeland. Don't miss the chance to add this exceptional multifamily property to your investment portfolio!

Property profile
Verified
Property type Apartment buildings
Year built 1926
Total area 8,348 SF
UPID US18-2388056
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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