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$295,000

216 W Belmar Street Lakeland, FL 33803 Multi Unit - Multiple Active

  • 216 W Belmar Street , Lakeland, FL 33803 Main Photo

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Description

PROBATE SALE. Location, location, location! This Dixieland Historic Duplex is about 4 Blocks from Lake Hollingsworth and steps to Dixieland, Nightlife, Restaurants, and Shopping. Downtown Lakeland and Bonnet Springs Park are just minutes away. The Estate has had an Appraisal, Home inspection, and 4 Point done and are available for your review. Ask your Realtor. The property is listed at the recent appraisal price.From the Appraisal: No functional or external obsolescence noted. Subject has received adequate maintenance, the subject is in average/good condition, upgrades include, unit 218 full kitchen was updated in 2024, unit 216 AC was updated in 2025. The home inspection noted that the roof is at end of life and has two layers of shingles. Sellers can do no repairs Insurance may be limited to a Remodelers Policy. Unit 216 is now vacant and available for showings. 218 is Tenant occupied and may viewed during the inspection period with an accepted offer. Unit 218 is currently paying $1,000/mo and the lease ends June 30, 2026 however the tenant is interested in staying even with a reasonable rent increase. Each unit has a driveway in front for 2 vehicles. Both units have indoor Washer/Dryer Hookups. There is a rear alley that provides access to additional guest parking. This is a rare opportunity to bring your vision to this multifamily property in an amazing prime location. Check with the City of Lakeland to see if you could add a garage with apartment above for extra income in the rear. FOR OFFERS - Please submit highest and best with the following terms: Seller is only considering Cash or Hard Money Offers. Please allow 2-3 Days for Response. Do your due diligence before submitting offer. No sight unseen offers. 7 day inspection maximum. Please provide verifiable POF for cash offers or Letter of Credit if Hard Money. Minimum 5% Escrow Deposit is due within 48 hours of acceptance. Escrow deposits are non refundable after inspection period. No hard money finance contingencies. 30 days or sooner for closing. Proof of funds subject to verification. Please review the appraisal and home inspection when making you offer. Seller is realistic about the condition of the property. Seller has limited information on the condition of the property and has never occupied it. NO SELLER FINANCING OR ASSIGNABLE CONTRACTS. All information provided in this listing and dimensions are believed to be correct. Buyer or Buyer's Agent to verify. Sold As-Is

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.16 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $2,336
Year Built: 1924

General Information

Bedrooms: 4
Sqft: 1,840
County: Polk
Subdivision: DIXIELAND REV
Listed By:
Steven Burnett NUGGET REALTY 772-249-4705

Amenities

Ninguno
Private Entrance

Property Features

Annual Net Income: 0.00
Appliances: Range, Range Hood, Refrigerator
Days on Site: 2
Directions: From I-4 and US 98 go South on 98 til it becomes South Florida Avenue pass downtown. Go to Belmar St. Take a right Property is about 2 blocks down on let S side of St. Ok to Park in 216 Driveway or rear parking spots with access through the rear Alley.
Exterior: Frame, Wood Siding
Flood Zone Code: X
Flooring: Laminate, Tile, Vinyl
Foundation: Crawlspace
Home Warranty Y/N: No
Listing Terms: Cash, Other
Lot: Historic District, City Limits
Lot Dimensions: 0.16
Other Equipment: Private Entrance
Ownership: Fee Simple
Parking: Assigned, Driveway, Guest, Off Street, Open, Tandem
Parking Notes: Assigned, Driveway, Guest, Off Street, Open, Tandem
Pets Allowed: Yes
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Supra Lock Box,24 Hour Notice, Appointment Only, See Remarks, ShowingTime
Special Sale Provisions: Probate Listing
Units: 2
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RA-4
$295,000
4beds
1,840sqft
New to the Market Active
BEDS4 BATHS SQUARE FEET1,840 MLS#L4959609
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONDIXIELAND REV

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216 W Belmar Street , Lakeland, FL 33803.

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Estimated Payment

$ 1,275.69 per month $994.99 Principal & Interest $194.67 Property Tax $86.04 Homeowner's Insurance

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