To schedule a showing of 303 W 5th Street, Lakeland, Florida, Call David Shippey at 863-521-4517 TODAY!
$390,000 | 5 beds | 3 full baths | N/A half baths | 1,928 sqft
Lakeland, FL 33805
- 5Beds
- 3.00Total Baths
- 3 Full, 0 HalfBaths
- 1,928SqFt
- 1947Year Built
- 0.13Acres
- MLS# TB8531497
- Residential
- SingleFamilyResidence
- Active
- Approx Time on MarketN/A
- Area33805 - Lakeland / Gibsonia
- CountyPolk
- Subdivision Washington Park
Overview
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!
Agriculture / Farm
Association Fees / Info
Community Features: Sidewalks
Bathroom Info
Total Baths: 3.00
Fullbaths: 3
Building Info
Roof: Shingle
Building Area Source: PublicRecords
Buyer Compensation
Exterior Features
Exterior Features: PrivateEntrance
Fees / Restrictions
Financial
Original Price: $390,000
Garage / Parking
Green / Env Info
Interior Features
Floors: Carpet, CeramicTile
Levels: One
Laundry Features: Inside
Interior Features: CeilingFans, SplitBedrooms, SolidSurfaceCounters
Appliances: Range, Refrigerator
Lot Info
Direction Remarks: If you're heading south on US-98 (N Florida Ave) in Lakeland, turn right to head west on W 5th St. The property will be on your right on the corner of W 5th St and N New York Ave.
Lot Size Units: Acres
Lot Size Acres: 0.13
Lot Sqft: 5,863
Misc
Other
Special Conditions: None
Other Rooms Info
Property Info
Section: 12
Class Type: SingleFamilyResidence
Property Sub Type: SingleFamilyResidence
Construction Materials: Block, Stucco
Stories: 1
Foundation: Slab
Human Modified: Yes
Room Info
Total Rooms: 10
Sqft Info
Sqft: 1,928
Bulding Area Sqft: 1,928
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,025
Tax Lot: 8
Tax Legal Description: WASHINGTON PARK PB 1 PG 99 BLK 13 LOT 8
Tax Block: 13
Tax Annual Amount: 3378
Tax Book Number: 1-99
Unit Info
Utilities / Hvac
Heating: Central
Water Source: Public
Sewer: PublicSewer
Cool System: CentralAir, Ductless, CeilingFans
Cooling: Yes
Heating: Yes
Utilities: ElectricityConnected, HighSpeedInternetAvailable
Waterfront / Water
Directions
If you're heading south on US-98 (N Florida Ave) in Lakeland, turn right to head west on W 5th St. The property will be on your right on the corner of W 5th St and N New York Ave.This listing courtesy of Home Prime Realty Llc
MLS# TB8514772 
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MLS IDX data last updated on 07-23-2026 2:00 AM EST.
If you have any questions on 303 W 5th Street, Lakeland, Florida, please call David Shippey at 863-521-4517.
MLS# TB8531497 located at 303 W 5th Street, Lakeland, Florida is brought to you by David Shippey REALTOR®
303 W 5th Street, Lakeland, Florida has 5 Beds, 3 Full Bath, and 0 Half Bath.
The MLS Number for 303 W 5th Street, Lakeland, Florida is TB8531497.
The price for 303 W 5th Street, Lakeland, Florida is $390,000.
The status of 303 W 5th Street, Lakeland, Florida is Active.
The subdivision of 303 W 5th Street, Lakeland, Florida is Washington Park.
The home located at 303 W 5th Street, Lakeland, Florida was built in 2026.