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303 W 5TH STREET, LAKELAND, FL - photo 1

$385,000

303 W 5TH STREET

LAKELAND, FL 33805

Estimated payment $2,522/month

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

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5Beds
3Baths
1,928Sq Ft
$200Price/Sq Ft

Preferred partner

Kinsfolk Realty

Kinsfolk Signature Realty

Powered by Hometrino

(813) 602-0498

Highlights

No HOA
Built in 1947
5,863 sqft Lot

About This Home

Under contract-accepting backup offers. 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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Facts & features

Bedrooms & bathrooms

  • •Bedrooms:5
  • •Bathrooms:3
  • •Full bathrooms:0

Heating

  • •Has Heating:Yes

Interior area

  • •Total structure area:1,928 sqft
  • •Total interior livable area:1,928 sqft

Parking

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

Lot

  • •Size:5,863 sqft

Details

  • •Parcel number:N/A

Type & style

  • •Home type:Single Family Residence
  • •Property subtype:Residential

Materials

  • • N/A

Condition

  • •Year built:1947

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Price history

DateEventPrice
2026-07-22T00:00:00.000ZListed for sale$385,000$200/sqft

Listing Agent

Talia Cruz Martinez

HOME PRIME REALTY LLC

Brokerage Phone: 813-497-4441

Source: Stellar MLS · MLS #TB8531497

Data Powered by Home Junction, Inc.

Nearby

Schools

ROCHELLE SCHOOL OF THE ARTS

Elementary · 0.4 mi

LINCOLN AVENUE ACADEMY

Elementary · 0.5 mi

LAWTON CHILES MIDDLE ACADEMY

High · 0.7 mi

Supermarkets

Super Choice Foods

0.4 mi

Asian Food Mart

0.8 mi

Save-A-Lot

0.8 mi

Dining

Jamaican Jerk Kitchen

0.1 mi

Wing Spot

0.2 mi

Refuge Dinning Hall

0.2 mi

Parks

Washington Park

0.1 mi

Adair Park

0.2 mi

Simpson Park

0.7 mi

Nearby amenity locations include data © OpenStreetMap contributors.