Investor special with strong redevelopment potential. This 1947 concrete block property sits on a spacious approximately quarter-acre lot in Lakeland, FL with multiple value-add opportunities.
The structure is approximately 1,077 square feet and is currently configured as a 3-bedroom, 2-bath home. One bathroom was previously removed and converted into an additional bedroom, providing flexibility for future renovation or reconfiguration.
Constructed with solid masonry, the property presents a durable foundation for investors or developers seeking a rehab, rental conversion, or repositioning project.
The parcel is zoned CAC (Community Activity Center), allowing a wide range of potential uses including residential, office, retail, and other commercial applications (buyer to verify with the city). The property is also located within a designated Transit Supportive Development Area, part of Lakeland's long-term planning for higher-density, mixed-use development along key corridors.
Large lot size, flexible zoning, and location within a targeted growth corridor make this property well suited for investors looking to capitalize on redevelopment or mixed-use potential.
