BEDS0
BATHS
SQUARE FEET1,536
MLS#L4962544
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONJOHNSONS T H
Property Description
Prime investment opportunity right in the heart of Lakeland! This duplex features two exceptional units-a spacious 2-bedroom, 1-bath unit and a charming 1-bedroom, 1-bath unit-both thoughtfully updated and move-in ready. Ideally located just minutes from Florida Southern College, Lake Morton, Lake Hollingsworth, and many shopping, dining, and entertainment options, this property offers the best of Lakeland living. Downtown is less than one mile away, allowing residents and guests to enjoy popular local attractions such as First Friday events, the Saturday Farmers Market, and a vibrant downtown scene as easy as a walk, bike ride, or short drive away. Most recently operated as a successful short-term rental, both units are being sold fully furnished and completely outfitted, making this a true turnkey investment opportunity. The property is equally well-suited for long-term rental income or owner-occupancy with supplemental rental revenue. A shared backyard and common outdoor space provide a welcoming area for relaxation and entertaining, while dedicated parking is conveniently located behind the home. Each unit also includes its own storage shed equipped with a washer and dryer. Recent improvements include upgraded flooring, window treatments, appliances, beautifully renovated bathrooms, and a brand-new roof installed in 2025. Adding to the home's charm is the inviting front porch, the perfect place to unwind and enjoy Florida's beautiful weather. Whether you're looking to expand your investment portfolio or secure a owner-occupied income producing opportunity in one of Lakeland's most desirable locations, this duplex is a rare opportunity you won't want to miss.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.16 Acres
Roof Type: Other
Stories: 1.0
Taxes: $4,823
Year Built: 1925
Amenities
Built-in Features
Storage
Feature Descriptions
Annual Net Income: 31350.00
Appliances: Microwave, Range, Refrigerator, Washer, Dishwasher, Dryer
Days on Site: 5
Directions: From Frank Lloyd Wright, South on Johnson. Home is on right,
Exterior: Frame
Flood Zone Code: X
Foundation: Crawlspace
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Historic District, City Limits
Lot Dimensions: 0.16
Other Structures: Shed(s)
Ownership: Fee Simple
Parking: Guest, Off Street
Parking Notes: Guest, Off Street
Patio/Porch: Covered, Front Porch
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Utilities: Electricity Connected
Water: Public
Water Access Y/N: No
Zoning: 0850
Local Schools
High School: Lakeland Senior High
Middle School: Crystal Lake Middle/Jun
Elementary School: Philip O'Brien Elementary
Listed By / Shown By
Listed By
Agency Name: WATSON REALTY CORP.
Agency Contact: 407-589-1600
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 1,471.74 per month $945.87 Principal & Interest $401.92 Property Tax $123.96 Homeowner's InsuranceChange Payment Information
728 Johnson Ave | MLS# L4962544
This multi-family property located at 728 Johnson Ave , Lakeland, FL 33801 is currently listed for sale with an asking price of $425,000. Search Lakeland real estate on www.realtymark.net today.