To schedule a showing of 115 Emma Street, Lakeland, Florida, Call David Shippey at 863-521-4517 TODAY!

$399,000 | 7 beds | N/A full baths | N/A half baths | 2,696 sqft

$399,000 No Recent Price Change
115 Emma Street
Lakeland, FL 33815
  • 7Beds
  • 5.00Total Baths
  • 0 Full, 0 HalfBaths
  • 2,696SqFt
  • 1900Year Built
  • 0.10Acres
  • MLS# O6421108
  • Income
  • Triplex
  • Active


Overview

Don’t miss this exceptional redevelopment and income-producing opportunity in the rapidly growing Lakeland market. Situated on a single parcel, this property consists of three total residential units across two separate buildings: * One duplex with separate electric meters for each unit. * One detached single-family home. Included with the sale are professionally completed Mechanical, Electrical, and Plumbing (MEP) plans, providing a significant head start for redevelopment and substantially reducing the time and expense required before construction. Proposed Redevelopment Plans * Detached Single-Family Home: Reconfigured into a modern 3-bedroom, 2-bathroom residence. * Duplex: Complete redesign into two expansive 5-bedroom, 3-bathroom units, creating a total of 13 bedrooms and 8 bathrooms across the property. The proposed layouts maximize rental potential while incorporating modern floor plans, updated building systems, and efficient use of space. Whether your strategy is traditional multifamily rentals, co-living, workforce housing, or another high-income rental model, this property offers exceptional flexibility. Located just minutes from downtown Lakeland with convenient access to Interstate 4, the property benefits from strong rental demand while offering easy access to both Tampa and Orlando.



Agriculture / Farm

Association Fees / Info

Bathroom Info

Total Baths:  5.00

Building Info

Roof:  Shingle

Buyer Compensation

Exterior Features

Exterior Features:  Other

Fees / Restrictions

Financial

Original Price:  $399,000

Garage / Parking

Green / Env Info

Interior Features

Laundry Features:  Other

Lot Info

Direction Remarks:  turn right onto FL-33 North toward Lakeland Continue on FL-33 North for 2.5 miles.Turn left onto US-98 / North Florida Avenue.Continue for 0.3 miles.Turn right onto Emma Street.Continue for 1.1 miles.will be 150 feet ahead on your right.

Lot Size Units:  Acres

Lot Size Acres:  0.1

Lot Sqft:  4,552

Est Lotsize:  62x73

Misc

Other

Special Conditions:  None

Other Rooms Info

Property Info

Section:  13

Class Type:  Triplex

Property Sub Type:  Triplex

Property Condition:  Fixer

Construction Materials:  Other

Foundation:  Other

Human Modified:  Yes

Sqft Info

Sqft:  2,696

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,025

Tax Lot:  7

Tax Legal Description:  PATTERSON & COX SUB PB 1 PG 60 BLK 8 LOT 7 E1/2

Tax Block:  8

Tax Annual Amount:  1903.31

Tax Book Number:  1-60

Unit Info

Utilities / Hvac

Heating:  None

Water Source:  SeeRemarks

Sewer:  Other

Cool System:  None

Utilities:  Other

Waterfront / Water

Directions

turn right onto FL-33 North toward Lakeland Continue on FL-33 North for 2.5 miles.Turn left onto US-98 / North Florida Avenue.Continue for 0.3 miles.Turn right onto Emma Street.Continue for 1.1 miles.will be 150 feet ahead on your right.

This listing courtesy of Blue Lighthouse Realty Inc 

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On davidshippey.com since Wed, Jul 1st 2026
No Property History recorded for this listing.

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If you have any questions on 115 Emma Street, Lakeland, Florida, please call David Shippey at 863-521-4517.


MLS# O6421108 located at 115 Emma Street, Lakeland, Florida is brought to you by David Shippey REALTOR®

115 Emma Street, Lakeland, Florida has 7 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 115 Emma Street, Lakeland, Florida is O6421108.
The price for 115 Emma Street, Lakeland, Florida is $399,000.
The status of 115 Emma Street, Lakeland, Florida is Active.
The subdivision of 115 Emma Street, Lakeland, Florida is Patterson & Cox Sub.
The home located at 115 Emma Street, Lakeland, Florida was built in 2026.