704 Alamo Drive, LAKELAND, FL 33813
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  • MLS#: TB8463540 ( Residential Income )
  • Street Address: 704 Alamo Drive
  • Viewed: 4
  • Price: $444,900
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1977
  • Bldg sqft: 0
  • Bedrooms: 6
  • Total Baths: 4
  • Garage / Parking Spaces: 3
  • Days On Market: 25
  • Additional Information
  • Geolocation: 27.9818 / -81.9672
  • County: POLK
  • City: LAKELAND
  • Zipcode: 33813
  • Subdivision: Alamo Villas
  • Provided by: FLAT FEE MLS REALTY
  • Contact: Stephen Hachey
  • 813-642-6030
  • mfrmls
  • DMCA Notice
  • Description
    Rare South Lakeland duplex with separate utilities and strong income potential. This vacant, cash flow ready multifamily property offers exceptional flexibility for investors or owner occupants to select tenants and set market rents immediately. Both units feature private entrances and updated interiors, making this an ideal house hack opportunity or a strong addition to a long term rental portfolio. With both units currently vacant, buyers have full control over tenant selection and lease structure from day one. A major value highlight is the propertys solid cinder block construction paired with a durable metal roof, providing long term structural integrity, reduced maintenance risk, and lower replacement costs compared to traditional construction. Additionally, one unit is equipped with a newer air conditioning system, further reducing near term capital expenses and enhancing reliability for future tenants. Additional features include an enclosed garage, covered carport, off street parking, and a large yard with workshop or outbuilding potential. The garage and carport provide flexible use for parking, storage, or potential separate rental, subject to buyer verification and local regulations, offering an opportunity for supplemental income. No HOA. Flood Zone X. Located in South Lakeland near the Lake Miriam area, this property is minutes from Publix, Lakeside Village, shopping, and dining, with easy access to the Polk Parkway and major roadways a highly desirable location for both tenants and owner occupants. Ideal for long term rentals, owner occupants, or investors seeking stable cash flow with future upside. Duplex properties offering this level of construction quality, infrastructure, flexibility, and parking are increasingly rare in todays market. Seller to contribute $3,000 toward buyers closing costs or interest rate buy down. Buyer incentive available: Receive a lender credit toward closing costs (not to exceed $5,590) when using preferred lender Monica Bishop with Benchmark Mortgage. Terms apply. Ask agent for details.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Storage
  • Flooring: Ceramic Tile
  • Living Area: 2050.00
  • Other Structures: Finished RV Port, Storage, Workshop
  • Roof: Metal
Land Information
  • Lot Features: City Limits, In County, Level, Paved
Garage and Parking
  • Garage Spaces: 2.00
  • Open Parking Spaces: 0.00
  • Parking Features: Boat, Garage Door Opener, Garage Faces Rear, Off Street, Workshop in Garage
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 1.00
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Utilities: BB/HS Internet Available, Electricity Available, Electricity Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Dishwasher, Electric Water Heater, Refrigerator
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Ceiling Fans(s)
  • Legal Description: N 190 FT OF E 90 FT OF W1/2 OF NE1/4 OF NW1/4 LESS N 25 FT FOR RD R/W BEING LOT 19 OF UNRE ALAMO VILLAS
  • Area Major: 33813 - Lakeland
  • Parcel Number: 23-29-12-000000-031090
  • Possession: Close Of Escrow
  • Zoning Code: R-2