6065 Bay Avenue SE
Highland City, FL 33846
- – beds
- – baths
- 7,420 sqft
- ~2 acre lot
- $107 per sqft
- 1973 build
- – on site
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INCOME OPPORTUNITY! Located in one of the fastest growing areas of South Lakeland / Highland City, this is multifamily development, consisting of 6 park owned mobile homes, and 7 single family (small) homes. The six mobile homes are part of the Florida Mobile Home Registry under Pa-pa Bears Mobile Home park. The other 7 homes are part of the same parcel - each have a separate mailing address. Current annual income of $131,580, with upside to grow to another 10% quickly. Lakeland and Polk County are among the fastest growing places in the U.S., as the City sits in the middle of Tampa and Orlando on the I-4 corridor. In the immediate area, new apartment developments have been built, and several shopping areas, including Publix, across the street. There are primary, middle and high schools very close by, and the main thoroughfare, US 98 stretches from the north side of Lakeland to the south side. The annual rental income is $131,560, and all expenses are detailed and accounted for, giving us a current cap rate of 8.26%
Last checked:
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Last updated Apr 4, 2025
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MLS# O6203342 —
The Building
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Year Built:1973
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New Construction:false
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Construction Materials:Concrete
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Levels:One
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Roof:Metal
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Foundation Details:Crawlspace
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# of Buildings:13
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Building Area Units:Square Feet
Interior
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Interior Features:Other
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Fireplace:false
Room Dimensions
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Living Area:7420
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:Clubhouse Road/530 east toward US 98 to address.
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Latitude:27.967383
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Longitude:-81.881498
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Coordinates:-81.881498, 27.967383
The Property
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Parcel Number:242914283000070210
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Property Type:Residential Income
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Property Subtype:Multi Family
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Property Condition:Completed
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Lot Features:In County
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Lot Size Acres:1.52
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Lot Size Area:1.5161
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Lot Size SqFt:66041
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Lot Size Dimensions:260 x 127
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Lot Size Units:Acres
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Total Acres:1 to less than 2
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Zoning:RL4
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View:false
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Exterior Features:Private Mailbox
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Water Source:Public
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Road Responsibility:Public Maintained Road
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Road Surface Type:Paved
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Road Frontage Type:Street Paved
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Flood Zone Code:X
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Additional Parcels:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (863) 581-0059
- Office phone:
- (863) 648-1528
Taxes
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Tax Year:2023
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Tax Lot:1
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Tax Block:2
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Tax Legal Description:HASKELL PB 1 PG 5A TIER 7 BLK 2 LOTS 1 TO 4
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Tax Book Number:1-5A
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Tax Annual Amount:9598.85
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Electricity Connected
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Sewer:Septic Tank
Appliances
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Laundry Features:Other
The Community
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Subdivision Name:HASKELL
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Senior Community:false
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Waterview:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Association:false
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Ownership:Fee Simple
Parking
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Garage:false
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Carport:false
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Open Parking:true
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Parking Features:Common
Extra Units
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# of Units Total:13
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/4/25
Apr 4, 2025
|
Sold | STELLAR_MLS | $800,000 | -23.8% |
2/17/25
Feb 17, 2025
|
Pending | STELLAR_MLS | $1,050,000 | |
2/1/25
Feb 1, 2025
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Relisted | STELLAR_MLS | $1,050,000 |