About this property
Opportunity to purchase an investment in the growing area of North Lakeland, this property currently has a 100% occupancy, rental price are below market values, generate cash flow and great potential in the future. Seller financing available.
Currently zoned RS with potential uses including school, bed & breakfast, daycare, church or veterinary with special approval or re-zoning to a commercial use.
Near major retailers on US 98 including Lakeland Square Mall and the new Lakeland Park Center. North Lakeland is surrounded by residential development including Bloomfield Hills, Terra Largo or Hampton Hills.
Seller financing available
Growing area in North Lakeland
500+ feet of frontage on Kathleen Rd
100% occupancy on current units
Opportunity to change the property use
Property details
- Property Type
- Residential
- Building Type
- Freestanding
- Building Size
- 2,280 sqft
- Land Size
- 1.75 acres
- Units
- 3
- Sewer
- Yes
- Water
- Yes
- Zoning
- RS - Residential
- Electric
- Yes
- Parking
- Yes
- Traffic Count
- 17,100
Documents 3 files
Last updated: Sep 30, 2026
Location
- Address
-
5355 Kathleen Road
Lakeland, Florida 33810