For sale· 2 days on market

1216 FAIRWAY

Lakeland, FL, 33801·MLS# L4964496

$299,900

Estimated $1,964/mo estimated

6
Bedrooms: 4
Bathrooms: 2,272
Sq ft: 0.30 ac
Lot size: 2003
Year built: $132
Per sq ft

New listing
Residential Income
Built 2003

About this home

Great investment opportunity at 1216 Fairway Drive in Lakeland! This well-maintained duplex offers two spacious 3-bedroom, 2-bathroom units, each featuring a desirable split-bedroom floorplan designed for privacy and comfortable living. Both units are currently occupied and secured by 12-month leases, providing immediate rental income and stability for the next owner. The property generates $28,890 in annual rental income, making it an excellent addition to an investment portfolio. Unit 1216 had new AC and Water Heater installed in 2025. Located in Lakeland with convenient access to local shopping, dining, schools, employment centers, and major roadways. Whether you're looking to expand your rental portfolio or seeking a property with established tenants and income from day one, this duplex is worth a look.

Facts & features

Interior

Bedrooms: 6
Bathrooms: 4 full
Living area: 2,272 sqft

Property

Type: ResidentialIncome
Year built: 2003
Lot size: 0.3 acres

Financial

Annual taxes: $4,643.68
Price / sqft: $132

Estimate your monthly payment

Down payment$59,980

Interest rate

Loan term

$1,964/ month estimated

Principal & interest$1,564
Property tax$275
Insurance$125

Illustrative estimate — not a lending offer.

Location

Lakeland, FL

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$299,900

6 bd · 4 ba · 2,272 sqft