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1962 CRYSTAL GROVE DRIVE, LAKELAND, FL - photo 1

$650,000

1962 CRYSTAL GROVE DRIVE

LAKELAND, FL 33801

Estimated payment $3,862/month

no HOA · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr

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8Beds
8Baths
4,056Sq Ft
$160Price/Sq Ft

Preferred partner

Kinsfolk Realty

Kinsfolk Signature Realty

Powered by Hometrino

(813) 602-0498

Highlights

No HOA
Built in 1986
11,827 sqft Lot

About This Home

Investment Opportunity – 1962 Crystal Grove Drive **Fantastic investment opportunity!** This **4-unit multifamily building** offers an excellent opportunity for investors looking to add an income-producing property to their portfolio. Each unit features a desirable **2-bedroom, 2-bathroom layout**, providing comfortable living space and strong rental appeal. **Two of the four units are currently tenant occupied**, generating **$1,500 per month per occupied unit**, providing immediate rental income while leaving additional potential to maximize the property's overall income. The four-unit configuration offers flexibility for an investor looking to build long-term cash flow and benefit from the continued demand for rental housing. The property's location adds to its investment appeal, with convenient access to everyday shopping, restaurants, schools, parks, and major roadways. Residents can enjoy nearby outdoor recreation, including opportunities for walking, biking, fishing, boating, and exploring Florida's natural surroundings. The area also offers easy access to local entertainment, dining, and shopping, making it an attractive location for both current and future tenants. Nearby attractions and recreational destinations provide plenty of options for enjoying the Florida lifestyle. Whether you're an experienced investor or looking for your first multifamily investment, **1962 Crystal Grove Drive** presents an exciting opportunity with **four 2-bedroom, 2-bathroom units**, existing rental income, and additional potential to increase occupancy and cash flow. **Four units. Strong rental potential. Two units currently producing $1,500/month each. Don't miss this opportunity to add a versatile multifamily property to your investment portfolio!**

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Facts & features

Bedrooms & bathrooms

  • •Bedrooms:8
  • •Bathrooms:8
  • •Full bathrooms:0
  • •Half bathrooms:0

Heating

  • •Has Heating:Yes

Interior area

  • •Total structure area:4,056 sqft
  • •Total interior livable area:4,056 sqft

Parking

  • •Parking features:N/A
  • •Garage spaces:0
  • •Has attached garage:No

Lot

  • •Size:11,827 sqft

Details

  • •Parcel number:N/A

Type & style

  • •Home type:Quadruplex
  • •Property subtype:Multifamily

Materials

  • • N/A

Condition

  • •Year built:1986

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Price history

DateEventPrice
2026-08-18T00:00:00.000ZListed for sale$650,000$160/sqft

Listing Agent

Candace Garber

TRUDEALS REALTY CORP

Brokerage Phone: 833-878-3325

Source: Stellar MLS · MLS #O6434625

Data Powered by Home Junction, Inc.

Nearby

Schools

SOUTH MCKEEL ACADEMY

Elementary · 0.5 mi

CRYSTAL LAKE MIDDLE SCHOOL

High · 0.7 mi

OSCAR J. POPE ELEMENTARY SCHOOL

Elementary · 0.7 mi

Supermarkets

S and J Food Store

0.1 mi

Tastykake

0.5 mi

Krishna Grocery

0.5 mi

Dining

Monita’s Tacos

0.1 mi

Farmers Market

0.2 mi

Burger King

0.3 mi

Parks

Holloway Park

1.0 mi

Handley Park

1.3 mi

Veterans Park

1.9 mi

Nearby amenity locations include data © OpenStreetMap contributors.