1016 MISSISSIPPI AVENUE UNIT 101 102 & 103 LAKELAND FL 33803 MLS #L4959775

1016 MISSISSIPPI AVENUE UNIT 101 102 & 103
LAKELAND, FL, 33803
$599,000
5 Beds
3 Baths
2,454 SqFt
0.17 Acres
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MLS #L4959775 image #0
Under contract-accepting backup offers. Exceptional investment opportunity featuring three rental units (101, 102 and 103) across two separate buildings. The unit mix includes a 1-bedroom/1-bath, and two 2-bedroom/1-bath units, offering strong rental flexibility and broad tenant appeal. One building is configured in a duplex-style layout, while the second building features a private second-floor 1/1 unit, creating separation and privacy across the property.
Ideally located near shops, scenic lakes, colleges, and parks, this property consistently attracts tenants seeking both convenience and lifestyle amenities.
Recent capital improvements provide peace of mind, including a brand-new roof, new air conditioning system, and complete electrical rewiring. The buildings were completely renovated and remodeled in 2020. The property is currently tenant-occupied on month-to-month leases, delivering immediate income while allowing flexibility for future adjustments.
An added bonus: the sale includes the existing property website; professionally designed to showcase and advertise the property—offering a turnkey marketing advantage for continued rental success.
A well-maintained, income-producing property with solid upgrades and built-in marketing—an outstanding opportunity for investors or owner-occupants alike.

Accessible unit will not be ready until the 15th of March.

Property Details

Price:
$599,000
MLS #:
L4959775
Status:
Pending
Beds:
5
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
DIXIELAND ADD/LAKELAND
Neighborhood:
33803lakeland
Listed Date:
Mar 4, 2026
Finished Sq Ft:
2,454
Total Sq Ft:
2,635
Lot Size:
7,248 sqft / 0.17 acres (approx)
Year Built:
1947
33803 – Lakeland33803lakelandDixieland Add/lakelandNo Minimum

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Schools

Interior

Appliances
Other
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Flooring
Luxury Vinyl
Heating
Heat Pump
Interior Features
Other
Laundry Features
Inside
Levels
Two

Exterior

Attached Garage YN
1
Construction Materials
Block
Covered Spaces
2
Direction Faces
West
Exterior Features
Other
Garage Spaces
2
Roof
Shingle

Financial

Tax Year
2025
Taxes
$7,018

Map

Community

Subdivisions in LAKELAND

Market Summary

Current real estate data for Single Family in LAKELAND as of Apr 30, 2026
1,161
Single Family Listed
104
Avg DOM
211
Avg $ / SqFt
$431,089
Avg List Price

Property Summary

    Located in the DIXIELAND ADD/LAKELAND subdivision, 1016 MISSISSIPPI AVENUE UNIT 101 102 & 103 LAKELAND FL is a Single Family for sale in LAKELAND, FL, 33803. It is listed for $599,000 and features 5 beds, 3 baths, and has approximately 2,454 square feet of living space, and was originally constructed in 1947. The current price per square foot is $244. The average price per square foot for Single Family listings in LAKELAND is $211. The average listing price for Single Family in LAKELAND is $431,089. To schedule a showing of MLS#l4959775 at 1016 MISSISSIPPI AVENUE UNIT 101 102 & 103 in LAKELAND, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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1016 MISSISSIPPI AVENUE UNIT 101 102 & 103
LAKELAND, FL