$825,000 for Sale
701 e lime street , lakeland, FL 33801
Beds 6 | Baths 6 | 5,060 Sqft | 0.18 Acres |
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Property Description
This is a six unit property built in 1925 as an apartment building, located just a few blocks from downtown Lakeland, Lake Morton, and Lake Mirror. This is NOT a house converted into apartments. The buildings are wood frame with a shingled roof. A new roof installed on the main building in 2025. The other building roof in 2003. There was Termite treatment/tenting of both buildings in 2024. There are 4 one bedroom / one bath units fronting at the SE corner of Lime Street and Indiana Avenue in a two story building and two one bedroom / one bath units over the carport building located directly on Indiana Avenue South. The larger Lime Street building has four 1,000 square foot units, each with one bedroom, one bathroom (with tub), full kitchen, separate living room, separate dining room, and large enclosed porch. There are two units on each floor. There is an entrance on the front (Lime St) and rear of the building. All these units have central A/C The smaller 2 unit building (Indiana Ave) each have a full kitchen, combined living/dining room area, one bedroom and a full bath. These units have window unit A/C. There is a private, screened-in covered patio/porch for each unit. There are separate staircases leading up to each of these units. All Tenant mailboxes are located under the stairs of unit 412. There are coin operated laundry machines located in the rear of this building, for all tenants use. All units have a Refrigerator and Stove. Units 1, 3, 4 and 414 have instant hot water heaters. Units 2 and 412 have a standard hot water tank/heater. Hardwood flooring throughout with ceramic tile in the kitchens and bathrooms. Units 1 & 4 have granite countertops in the kitchens. Carport parking (4 bays) is on Indiana Ave under the 2 units building and other parking is on site. City Water and sewer is paid by the owner. Cable is paid by the tenant
General Information
Sale Price: $825,000
Price/SqFt: $163
Status: Active
MLS#: L4953575
City: lakeland
Post Office: lakeland
County: Polk
Subdivision: mathis h j add 01
Acres: 0.18
Lot Dimensions: 55 x 140
Bedrooms:6
Bathrooms:6
House Size: 5,060 sq.ft.
Acreage: 0.18 est.
Year Built: 1927
Property Type: Multi Family
Style:
Features & Room Sizes
Paved Road: Paved, Asphalt
Garage: No
Construction: Asbestos
Exterior Misc: Balcony
Basement: No
Foundation : Crawlspace
Appliances: Electric Water Heater, Range, Range Hood, Refrigerator, Tankless Water Heater
Cooling: Central Air, Wall/Window Unit(s)
Heating: Central, Electric, Heat Pump, Wall Units / Window Unit
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $4,206
Legal Description: H J MATHIS 1ST ADD PB 2 PG 119 BLK A LOT 3 LESS ADD'L R/W FOR RD

Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Tony Fridovich of REMAX EXPERTS, Phone: 863-802-5262