$399,000
115 Emma Street
Lakeland, FL 33815
Listing updated: July 2, 2026 at 6:52 AM ET
Listing courtesy of Blue Lighthouse Realty Inc · Jorge Zea · MLS #O6421108 · Active · 855-550-0528Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Flood zone
About this home
Don’t miss this exceptional redevelopment and income-producing opportunity in the rapidly growing Lakeland market. Situated on a single parcel, this property consists of three total residential units across two separate buildings: * One duplex with separate electric meters for each unit. * One detached single-family home. Included with the sale are professionally completed Mechanical, Electrical, and Plumbing (MEP) plans, providing a significant head start for redevelopment and substantially reducing the time and expense required before construction. Proposed Redevelopment Plans * Detached Single-Family Home: Reconfigured into a modern 3-bedroom, 2-bathroom residence. * Duplex: Complete redesign into two expansive 5-bedroom, 3-bathroom units, creating a total of 13 bedrooms and 8 bathrooms across the property. The proposed layouts maximize rental potential while incorporating modern floor plans, updated building systems, and efficient use of space. Whether your strategy is traditional multifamily rentals, co-living, workforce housing, or another high-income rental model, this property offers exceptional flexibility. Located just minutes from downtown Lakeland with convenient access to Interstate 4, the property benefits from strong rental demand while offering easy access to both Tampa and Orlando.
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: ActiveJul 1, 2026
- Listed$399,000Jul 1, 2026
- Price increased$399,000
Facts & features
- Property type
- Residential Income
- Sub type
- Triplex
- Status
- Active
- Days on market
- 1
- Subdivision
- Patterson & Cox Sub
- County
- Polk
- Year built
- 1900
- Living area
- 2,696 sq ft
- Price/sq ft
- $148
- Lot size
- 4,552 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12105C0315G)
- Annual taxes
- $1,903 (2025)
- Parcel #
- 23-28-13-077000-008071
- Zoning
- RA-4
- MLS #
- O6421108
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Interior Details
- Bedrooms
- 7
- Interior features
- Ninguno
- Laundry
- Other
Heating & Cooling
- Heating
- None
- Cooling
- None
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Other
- Construction materials
- Other
- Roof
- Shingle
- Foundation
- Other
- Road surface
- Gravel
Utilities
- Sewer
- Other
- Water source
- See Remarks
- Utilities
- Other
Listing Details
- Listing date
- 2026-06-30
- On market date
- 2026-07-01
- Original list price
- $399,000
- MLS area
- 33815 - Lakeland
- Listing AOR
- Orlando Regional
- Status changed
- 2026-07-01
- Tax legal description
- PATTERSON & COX SUB PB 1 PG 60 BLK 8 LOT 7 E1/2
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
turn right onto FL-33 North toward Lakeland Continue on FL-33 North for 2.5 miles.Turn left onto US-98 / North Florida Avenue.Continue for 0.3 miles.Turn right onto Emma Street.Continue for 1.1 miles.will be 150 feet ahead on your right.
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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 July 2, 2026 at 6:52 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.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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