542 & 540 S Clayton Avenue, Lakeland, FL 33801
Local realty services provided by:CENTURY 21 Real Estate Champions
Listed by: debbie ward-terry
Office: regal real estate llc.
MLS#:L4963551
Source:MFRMLS
Price summary
- Price:$479,000
- Price per sq. ft.:$189.4
About this home
Discover the perfect opportunity to live, invest, or generate rental income with this unique property featuring two beautifully remodeled homes and a 29' x 22' detached concrete block storage building on one lot. Whether you choose to live in one home and rent the other, or maximize your returns by leasing both, this property offers incredible flexibility. The larger residence features 4 bedrooms, 2 bathrooms, and 1,679 square feet of living space. Inside, you'll find a spacious living room, separate family room, inside laundry, and a stunning new kitchen complete with new cabinetry, countertops, and appliances. Luxury vinyl plank flooring flows throughout the home, complemented by fresh interior paint and new ceiling fans. The second home offers 2 bedrooms, 1 bathroom, and includes a single-car garage with an adjoining storage/laundry room featuring washer and dryer hookups. Like the main home, it has been completely remodeled with luxury vinyl plank flooring, fresh paint, new ceiling fans, and a beautifully updated kitchen with new cabinets, countertops, and appliances. Adding even more value is the detached 29' x 22' concrete block storage building, complete with electricity and a half bath—ideal for a workshop, hobby space, business storage, or additional flex space. Conveniently located in the heart of Lakeland, this property is just a short walk to both Lake Hollingsworth and Lake Morton, offering easy access to scenic walking trails, parks, and all the charm of central Lakeland. Don't miss this rare opportunity to own a move-in-ready, income-producing property in one of Lakeland's most desirable locations!...
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Home facts
- Year built:1953
- Subdivision & Development:BILTMORE PARK SUB
- Listing ID #:L4963551
- Added:112 day(s) ago
- Updated:November 05, 2026 at 08:18 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Flooring:Luxury Vinyl
- Dining Description:Eat In Kitchen
- Kitchen Description:Eat-in Kitchen, Microwave, Range, Refrigerator
- Living area:2,529 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1953
- Building area:2,529 sq. ft.
- Lot area:0.29 Acres
- Construction Materials:Block
- Exterior Features:Outbuildings
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$479,000
- Price per sq. ft.:$189.4
- Tax amount:$3,319 (2025)
Features and amenities
- Appliances:Electric Water Heater, Microwave, Range, Refrigerator
- Laundry features:In Garage, Laundry Room
- Amenities:Cable Connected, Ceiling Fans(s), Eat-in Kitchen, Window Treatments
- Pool features:Public Pool
Parking
- Parking description:Attached Garage
- Garage:Yes
- Garage spaces:1
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