$390,000
303 5th Street
Lakeland, FL 33805
Listing updated: July 22, 2026 at 4:33 PM ET
Listing courtesy of Home Prime Realty Llc · Talia Cruz Martinez · MLS #TB8531497 · Active · 813-497-4441Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Incredible income-producing property in Lakeland! Completely renovated from top to bottom with fresh paint, modern finishes, and all-new systems, this multi-unit property is a true turnkey investment. Two Smart Ways to Buy: As an Owner-Occupant: Move right into the spacious main house (market value estimated at $2,000/month) while the two secondary units already generate steady income ($1,100/mo and $1,200/mo). The main house will be vacant in August, and the other units are secured with stable 1-year leases and deposits in place. As a Pure Investor: Lease out the main house to maximize your cash flow, bringing the total gross monthly income to approximately $4,300/mo from day one. Featuring a versatile layout, brand-new updates throughout, and a fantastic location, this high-return property offers endless flexibility and immediate results. Schedule your showing today!
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 history0 days on market
- Status: ActiveJul 22, 2026
- Listed$390,000Jul 22, 2026
- Price increased$390,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 0
- Cumulative DOM
- 61
- Subdivision
- Washington Park
- County
- Polk
- Year built
- 1947
- Living area
- 1,928 sq ft
- Price/sq ft
- $202
- Lot size
- 5,863 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12105C0315G)
- Annual taxes
- $3,378 (2025)
- Parcel #
- 23-28-12-055500-013080
- Zoning
- RA-4
- MLS #
- TB8531497
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Interior Details
- Bedrooms
- 5
- Full bathrooms
- 3
- Flooring
- Carpet, Ceramic Tile
- Appliances
- Range, Refrigerator
- Interior features
- Ceiling Fans(s), Solid Surface Counters, Split Bedroom
- Laundry
- Inside
- Stories / Levels
- One
- Direction faces
- East
- In-law suite
- Yes
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air, Mini-Split Unit(s)
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Ownership
- Fee Simple
- Available for lease
- No
Exterior & Construction
- Exterior features
- Private Entrance, Sidewalk
- Construction materials
- Block, Stucco
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Electricity Connected
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | |
| Bathroom 1 | First | |
| Bathroom 2 | First | |
| Bedroom 2 | First | |
| Bedroom 3 | First | |
| Kitchen | First | |
| Living Room | First | |
| Bedroom 4 | First | |
| Bedroom 5 | First | |
| Bathroom 3 | First |
Listing Details
- Listing date
- 2026-07-20
- On market date
- 2026-07-22
- Original list price
- $390,000
- Occupant type
- Tenant
- MLS area
- 33805 - Lakeland / Gibsonia
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-07-22
- Tax legal description
- WASHINGTON PARK PB 1 PG 99 BLK 13 LOT 8
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
If you're heading south on US-98 (N Florida Ave) in Lakeland, turn right to head west on W 5th St. The property will be on your right on the corner of W 5th St and N New York Ave.
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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 22, 2026 at 4:33 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.
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.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA