902 E LIME STREET,Lakeland,Polk,FL, 33801, Residential Income, 0, 0, 77a086ac2f5ff0211bf48cbe54e3b66a, L4965488,902 or LIME

$499,000
902 E LIME STREET, LAKELAND, MORTONS ADD
Active

Overview

  • Updated On:
  • October 2, 2026
  • 2,048 ft2

Description

Fully leased four-unit investment opportunity near Downtown Lakeland! Located at 902-904 E Lime Street, this income-producing property features four residential units, each offering 1 bedroom, 1 bathroom, a kitchen, and living area. Two units are located within the main residence, with two additional units situated in the detached rear building, creating a unique multifamily configuration with separation between the structures.

All four units are currently leased and generate approximately $4,450 per month in gross rental income. The owner currently pays utilities, averaging approximately $634 per month, providing prospective investors with established income and operating history from day one. The property has also demonstrated a strong history of occupancy; prior marketing materials report that it maintained full occupancy for more than a decade.

Situated in the Downtown Lakeland area, the property offers convenient access to shopping, dining, employment centers, major roadways, and the amenities of Lakeland’s urban core.

With 100% current occupancy, $53,400 in annual gross rental income based on current rents, and four self-contained living units, this is an opportunity to acquire an established multifamily property in a central Lakeland location. Please do not disturb tenants. Showings by appointment only. Buyer to verify all measurements, unit information, leases, income, expenses, zoning, and property details.

Address: 902 E LIME STREET
City:
State/County:
Zip: 33801
Country: United States

Property Id: 100710690
Price: $499,000
Property Size: 2,048 ft2
Property Lot Size: 0 ft2
Building Area Total: 2803
Construction Materials: Wood Frame
Contract Status Change Date: 2026-10-01
Cooling: Mini-Split Unit(s)
Cumulative Days On Market: 1
Days On Market: 1
Directions: From I4, take exit 33 for CR-582 toward FL-33/Lakeland. Turn left onto N Socrum Loop Rd. Turn right onto FL-33 S. Continue straight onto N Massachusetts Ave. Use the left 2 lanes to turn left onto Bartow Rd. Turn right onto E Lime St. Destination will be on the right
ElementarySchool: Philip O’Brien Elementary
Flooring: Carpet, Ceramic Tile, Laminate
FoundationDetails: Crawlspace
Furnished: Unfurnished
Heating: Propane
HighSchool: Lakeland Senior High
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetEntireListingDisplayYN: 1
LaundryFeatures: Common Area, Electric Dryer Hookup, Washer Hookup
LeaseConsideredYN: 1
LeaseTerm: 12 Months
Levels: One
ListAOR: East Polk
ListAgentAOR: Lakeland
ListAgentEmail: acosta.tony89@gmail.com
ListAgentFullName: Tony Acosta
ListAgentKey: ef103c297cf3fc27eab1a8f41d8b4682
ListAgentMlsId: 265580365
ListAgentPreferredPhone: 863-224-5956
ListOfficeKey: a29f9daeafa0faaf919c19fd43b0e50a
ListOfficeMlsId: 260030684
ListOfficeName: CENTURY 21 MYERS REALTY
ListOfficePhone: 863-875-5656
ListingContractDate: 2026-10-01
ListingId: L4965488
ListingKeyNumeric: 812901776
LivingAreaSource: Public Records
LivingAreaUnits: Square Feet
LotFeatures: Historic District, City Lot, Sidewalk
LotSizeArea: 10001
LotSizeDimensions: 50 x 200
LotSizeSquareFeet: 10001
LotSizeUnits: Square Feet
MLSAreaMajor: 33801 - Lakeland
MiddleOrJuniorSchool: Sleepy Hill Middle
MlsStatus: Active
ModificationTimestamp: 2026-10-02T09:21:42.230Z
NumberOfBuildings: 1
OnMarketDate: 2026-10-01
OriginalEntryTimestamp: 2026-10-01T23:30:50.400Z
OriginalListPrice: 499000
OriginatingSystemKey: stellar
OriginatingSystemName: Stellar MLS
Ownership: Fee Simple
ParcelNumber: 242818205000007212
ParkingFeatures: Driveway, Ground Level, Off Street, Parking Pad
PatioAndPorchFeatures: Enclosed, Front Porch
PetsAllowed: Cats OK, Dogs OK
PhotosChangeTimestamp: 2026-10-01T23:35:05.662Z
PhotosCount: 27
PostalCodePlus4: 5450
PropertyCondition: Completed
RoadFrontageType: Street Paved
RoadSurfaceType: Paved
Roof: Shingle
STELLAR_AlternateKeyFolioNum: 242818205000007212
STELLAR_AnnualExpenses: 7600
STELLAR_AnnualNetIncome: 53400
STELLAR_CalculatedListPriceByCalculatedSqFt: 243.65
STELLAR_CensusBlock: 3
STELLAR_CensusTract: 010402
STELLAR_CreateAutomaticVirtualTourYN: 1
STELLAR_CurrentPrice: 499000
STELLAR_FloodZoneCode: X
STELLAR_FloodZoneDate: 2016-12-22
STELLAR_FloodZonePanel: 12105C0315G
STELLAR_ListOfficeContactPreferred: 863-875-5656
STELLAR_ListOfficeHeadOfficeKeyNumeric: 1039268
STELLAR_ListSource: RETSUpdate
STELLAR_ListSourceOriginal: MATRIX
STELLAR_MinimumLease: No Minimum
STELLAR_MlsMajorChangeType: New Listing
STELLAR_OfficeIDXOfficeParticipationYN: 1
STELLAR_OfficeSyndicateTo: Apartments.com, International MLS, Realtor.com, Zillow Rental, SkySlope Offers
SecurityFeatures: Smoke Detector(s)
Sewer: Public Sewer
SourceSystemKey: 812901776
SpecialListingConditions: None
StateOrProvince: FL
StatusChangeTimestamp: 2026-10-01T23:30:50.400Z
StreetDirPrefix: E
StreetName: LIME
StreetNumber: 902
StreetNumberNumeric: 902
StreetSuffix: STREET
TaxAnnualAmount: 2187.46
TaxBlock: G
TaxBookNumber: Q-79
TaxLegalDescription: MORTONS ADD DB Q PG 79 BLK G LOT 21 W1/2
TaxLot: 21
TaxYear: 2025
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Propane, Public, Sewer Connected, Water Connected
WaterSource: Public
WindowFeatures: Blinds
YearBuilt: 1948
Zoning: MF-22

Other Features
Ceiling Fan(s)
Fenced
Has Cooling System
Has Heating System
Microwave
Open Parking
Range
Refrigerator
Sidewalk

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

$2,558.47
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 1,934.72

Contact Me

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