$365,000
101 Lake Hunter Drive
Lakeland, FL 33803
Listing updated: May 7, 2026 at 6:53 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Flood zone
About this home
Investment Opportunity – Income-Producing Duplex in the Heart of Lakeland This fully occupied, cash flowing duplex is the turnkey investment you've been waiting for. Located just minutes from vibrant downtown Lakeland, this well-maintained property delivers immediate rental income from day one — no vacancy headaches, no waiting period. Each unit features 2 bedrooms and 1 bathroom, attracting quality tenants and offering strong rental demand in one of Central Florida's fastest-growing markets. Recent updates include a new roof (2022), new flooring, and fresh paint, meaning the heavy lifting is already done. Whether you're a seasoned investor looking to strengthen your portfolio or a first time buyer ready to start building wealth through real estate, this duplex checks every box. The numbers work, the tenants are in place, and the updates are already in. Lakeland's continued growth and proximity to major employment corridors make this a smart, long term hold and a property that will be hard to replace at this price point. Don't let this one slip away. Schedule your showing today!
Local Insight
At $202/sqft for a 1980 duplex in Lake Hunter Villas, you're getting solid value relative to Lakeland's $385K–$420K median, but the tight 0.02-acre lot and older construction mean you're paying for location and the low-flood-zone security rather than modern updates or space. The $125 monthly HOA is reasonable for a managed community, though that 44-year-old frame will likely need attention on roof, HVAC, or foundation sooner than a newer build—worth a thorough inspection before committing. If you're looking at this as a rental duplex or entry point into Lakeland's appreciation trajectory while keeping costs down, the math works; just go in eyes open about deferred maintenance risk.
AI-generated insight based on listing data and neighborhood context. Verify independently.
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 history1 days on market
- Status: ActiveMay 6, 2026
- Listed$365,000May 6, 2026
- Price increased$365,000
Virtual Tour
Facts & features
- Property type
- Residential Income
- Sub type
- Duplex
- Status
- Active
- Days on market
- 1
- Subdivision
- Lake Hunter Villas
- County
- Polk
- Year built
- 1980
- Living area
- 1,806 sq ft
- Price/sq ft
- $202
- Lot size
- 954 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12105C0315G)
- Annual taxes
- $2,508 (2025)
- Parcel #
- 23-28-24-124510-000240
- Zoning
- MF-12
- MLS #
- O6405508
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Interior Details
- Bedrooms
- 4
- Interior features
- Other
- Laundry
- Other
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Carport
- Yes
HOA & Financial
- HOA fee
- $1,500 / Annually
- Monthly HOA
- $125/mo
- Total monthly fees
- $125/mo
- Total annual fees
- $1,500
- HOA name
- AIA PROPERTY MANAGEMENT
- CDD
- No
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Other
- Construction materials
- Other
- Roof
- Other
- Foundation
- Other
- Road surface
- Other
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Other
Community
- Pets allowed
- Yes
Listing Details
- Listing date
- 2026-05-06
- On market date
- 2026-05-06
- Original list price
- $365,000
- Occupant type
- Tenant
- MLS area
- 33803 - Lakeland
- Listing AOR
- Osceola
- Status changed
- 2026-05-06
- Tax legal description
- LAKE HUNTER VILLAS PB 69 PG 34 LOT 24 & A 1/30 UNDIVIDED INTEREST IN TRACT A
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
Harden Blvd to Lake Hunter Dr to address
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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 7, 2026 at 6:53 AM 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.
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