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303 W 5th Street, Lakeland, FL 33805

Lakeland
Local realty services provided by:CENTURY 21 Selling Paradise
303 W 5th Street,Lakeland, FL 33805
$390,000
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  • 5 Beds
  • 3 Baths
  • 1,928 sq. ft.
  • Single family
  • Active
Listed by: talia cruz martinez
Office: home prime realty llc.
MLS#:TB8531497
Source:MFRMLS

Price summary

  • Price:$390,000
  • Price per sq. ft.:$202.28

About this home

Incredible income-producing property in Lakeland! Completely renovated from top to bottom with fresh paint, modern finishes, and all-new systems, this multi-unit property is a true turnkey investment. Two Smart Ways to Buy: As an Owner-Occupant: Move right into the spacious main house (market value estimated at $2,000/month) while the two secondary units already generate steady income ($1,100/mo and $1,200/mo). The main house will be vacant in August, and the other units are secured with stable 1-year leases and deposits in place. As a Pure Investor: Lease out the main house to maximize your cash flow, bringing the total gross monthly income to approximately $4,300/mo from day one. Featuring a versatile layout, brand-new updates throughout, and a fantastic location, this high-return property offers endless flexibility and immediate results. Schedule your showing today!

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Home facts

  • Year built:1947
  • Subdivision & Development:WASHINGTON PARK
  • Listing ID #:TB8531497
  • Added:10 day(s) ago
  • Updated:August 02, 2026 at 12:07 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Carpet, Ceramic Tile, Laminate
  • Kitchen Description:Microwave, Range, Refrigerator, Solid Surface Counters
  • Bedroom Description:Split Bedroom
  • Living area:1,928 sq. ft.

Heating and cooling

  • Cooling:Central Air, Mini-Split Unit(s)
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1947
  • Building area:1,928 sq. ft.
  • Lot area:0.13 Acres
  • Construction Materials:Block, Stucco
  • Exterior Features:Sidewalk
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$390,000
  • Price per sq. ft.:$202.28
  • Tax amount:$3,378 (2025)

Features and amenities

  • Appliances:Microwave, Range, Refrigerator
  • Laundry features:Inside
  • Amenities:BB/HS Internet Available, Ceiling Fans(s), Solid Surface Counters, Split Bedroom
  • Pool features:Public Pool
MLS LogoThe information being provided by Stellar Mls is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Stellar Mls. CENTURY 21 Selling Paradise is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Selling Paradise, a broker participant of Stellar Mls. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Stellar Mls and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Stellar Mls. All rights reserved. MFRMLS Member Broker: Robert Mahan

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