$722,000
728 Chestnut Road
Lakeland, FL 33815
Listing updated: May 3, 2026 at 6:57 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Income-producing mobile home park in Lakeland, FL, featuring 5 mobile homes. The property sits on approximately 0.45 acres (±19,600 SF) and currently generates a $9,000 monthly rent roll with low operating expenses of approximately $1,600 month, offering strong cash flow. Two of the mobile homes have been configured into duplex-style units, increasing the total number of income-producing units. Each unit includes a designated laundry area. The property also features security cameras, on-site storage, backup refrigerator, and spare A/C unit. Strategically located between Tampa and Orlando, this property benefits from strong population growth and high demand for affordable housing in Central Florida. Cash deal. Buyer to verify all information, zoning, and measurements.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history44 days on market
- Status: ActiveMar 20, 2026
- Listed$750,000Mar 20, 2026
- Price reduced$722,000
Facts & features
- Property type
- Business Opportunity
- Sub type
- Multi-Family 5+
- Status
- Active
- Days on market
- 44
- Subdivision
- Not In Subdivision
- County
- Polk
- Year built
- 1981
- Living area
- 3,852 sq ft
- Price/sq ft
- $1,253
- Building area
- 576 sq ft (Public Records)
- Lot size
- 17,398 sq ft
- Lot category
- 1/2 to less than 1
- Flood zone
- x
- Annual taxes
- $1,731 (2025)
- Parcel #
- 23-28-15-000000-014060
- MLS #
- S5146101
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Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air, Wall/Window Unit(s)
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Other
- Ownership
- Fee Simple
Exterior & Construction
- Construction materials
- Other
- Roof
- Other
- Foundation
- Crawlspace
- Road surface
- Asphalt, Concrete
Utilities
- Sewer
- Septic Tank
- Water source
- Public
- Utilities
- Electricity Available, Phone Available, Water Connected
Listing Details
- Listing date
- 2026-03-19
- On market date
- 2026-03-20
- Original list price
- $750,000
- Occupant type
- Tenant
- MLS area
- 33815 - Lakeland
- Listing AOR
- Osceola
- Status changed
- 2026-03-20
- Tax legal description
- BEG NE COR OF SW1/4 OF NE1/4 RUN W 150 FT S 162 1/2 FT E 150 FT N 162 1/2 FT TO POB LESS N 25 FT FOR RD R/W & LESS MAINT R/W
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From I-4, take exit toward US-98 S / Lakeland. Continue south on US-98, then turn right onto Memorial Blvd (US-92). Continue east and turn left onto N Chestnut Rd. The property will be on your right at 730 N Chestnut Rd.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 3, 2026 at 6:57 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA