201 Ariana Street 1, Lakeland, FL 33803
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  • MLS#: TB8493723 ( ResidentialIncome )
  • Street Address: 201 Ariana Street 1
  • Viewed: 1
  • Price: $649,900
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1925
  • Bldg sqft: 0
  • Days On Market: 1
  • Additional Information
  • Geolocation: 28.0261 / -81.9582
  • County: POLK
  • City: Lakeland
  • Zipcode: 33803
  • Subdivision: Dixieland Rev
  • Provided by: FLAT FEE MLS REALTY
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  • Description
    Exceptional opportunity to acquire a fully occupied, income producing quadplex in one of Lakelands most desirable rental corridors. Located at 201 Ariana Street, this property is perfectly positioned within A brief stroll away to Florida Southern Collegedriving consistent, high demand tenancy, particularly among scholars. Each of the four units is a well designed 1 bedroom, 1 bath layout (~650 sq ft) featuring private screened porches, offering tenants added living space and privacyan amenity that significantly enhances rental appeal. All units typically rent at $1200 a month, providing immediate, stable cash flow from day one. This property presents a strong value add opportunity for investors looking to maximize returns. With below market positioning relative to location demand, there is potential to increase rents over time or make light cosmetic upgrades to further enhance income and equity. Situated in a prime central location with close proximity to downtown Lakeland, dining, shopping, and major roadways, this asset benefits from both consistent tenant demand and long term appreciation potential. Investment Highlights: Fully occupied 4 unit property immediate cash flow All units: 1BR/1BA, ~650 sq ft each Private screened porches for every unit Current rents: $1,200/month each unit Walking distance to Florida Southern College high student demand Strong rental market with upside potential Ideal for investors seeking stable income + value add growth This is a rare opportunity to secure a turnkey multi family property in a high demand location with built in income and future upside.
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  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
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Features
Building and Construction
  • Basement: CrawlSpace
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, FrenchPatioDoors
  • Living Area: 2624.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: WallWindowUnits, CeilingFans
  • Heating: WindowUnit, WallFurnace
  • Sewer: PublicSewer
  • Utilities: CableConnected, ElectricityConnected, MunicipalUtilities
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2025
  • Trash Expense: 0.00
Other Features
  • Country: US
  • Interior Features: CeilingFans
  • Legal Description: DIXIELAND PB 1 PG 67 BLK S LOT 18
  • Area Major: 33803 - Lakeland
  • Parcel Number: 23-28-24-117500-045180
  • The Range: 0.00
  • Zoning Code: RA-4
Headshot for Associate Sara Oquendo
  1. Sara Oquendo, REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 352.428.8657
  4. saraoquendo1972@gmail.com