1962 Crystal Grove Drive, FL
Stellar MLS
1 / 1

$650,000

1962 Crystal Grove Drive

Lakeland, FL 33801

Listing updated: September 2, 2026 at 6:05 PM ET

Active
Stellar MLSListing courtesy of Trudeals Realty Corp · Candace Garber · MLS #O6434625 · Active · 833-878-3325
8
Beds
8
Baths
4,056
Sq Ft
0.27
Acres
1986
Built
$160/sqft
Quadruplex

Property type

1986

Year built

11,827 sqft

Lot size

$160

Price / sq ft

No HOA

HOA dues

7

Days on market

X

Flood zone

About this home

Investment Opportunity – 1962 Crystal Grove Drive **Fantastic investment opportunity!** This **4-unit multifamily building** offers an excellent opportunity for investors looking to add an income-producing property to their portfolio. Each unit features a desirable **2-bedroom, 2-bathroom layout**, providing comfortable living space and strong rental appeal. **Two of the four units are currently tenant occupied**, generating **$1,500 per month per occupied unit**, providing immediate rental income while leaving additional potential to maximize the property's overall income. The four-unit configuration offers flexibility for an investor looking to build long-term cash flow and benefit from the continued demand for rental housing. The property's location adds to its investment appeal, with convenient access to everyday shopping, restaurants, schools, parks, and major roadways. Residents can enjoy nearby outdoor recreation, including opportunities for walking, biking, fishing, boating, and exploring Florida's natural surroundings. The area also offers easy access to local entertainment, dining, and shopping, making it an attractive location for both current and future tenants. Nearby attractions and recreational destinations provide plenty of options for enjoying the Florida lifestyle. Whether you're an experienced investor or looking for your first multifamily investment, **1962 Crystal Grove Drive** presents an exciting opportunity with **four 2-bedroom, 2-bathroom units**, existing rental income, and additional potential to increase occupancy and cash flow. **Four units. Strong rental potential. Two units currently producing $1,500/month each. Don't miss this opportunity to add a versatile multifamily property to your investment portfolio!**

Estimated monthly payment

Principal & interest$3,287
Property taxes$495
Home insurance (est.)$298

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 history7 days on market

  1. Status: Active
    Sep 2, 2026
  2. Listed$675,000
    Aug 18, 2026
  3. Price reduced$650,000

Facts & features

Property type
Residential Income
Sub type
Quadruplex
Status
Active
Days on market
7
Cumulative DOM
103
Subdivision
Crystal Grove
County
Polk
Year built
1986
Living area
4,056 sq ft
Price/sq ft
$160
Lot size
11,827 sq ft
Lot category
1/4 to less than 1/2
Flood zone
X (12105C0320G)
Annual taxes
$5,943 (2025)
Parcel #
24-28-28-247010-017321
Zoning
PUD
MLS #
O6434625

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Interior Details

Bedrooms
8
Interior features
Other
Laundry
Laundry Room
Stories / Levels
One

Heating & Cooling

Heating
Central
Cooling
Central Air

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Min lease term
1-7 Days
Listing terms
Cash, Conventional
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No
Additional lease restrictions
n/a
Approval process
n/a

Exterior & Construction

Exterior features
Garden
Construction materials
Concrete
Roof
Shingle
Foundation
Block
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected

Listing Details

Listing date
2026-08-18
On market date
2026-08-18
Original list price
$675,000
MLS area
33801 - Lakeland
Listing AOR
Orlando Regional
Status changed
2026-09-02
Tax legal description
CRYSTAL GROVE PB 72 PG 33 LOT Q-32 LESS 1.25 FT

Flood risk

Minimal riskFEMA Zone XPanel 12105C0320G

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 33 for Socrum Loop Road / FL-33 and head south on FL-33/Socrum Loop Road toward Lakeland. Continue approximately 3–4 miles, then turn left onto Crystal Grove Drive. Follow Crystal Grove Drive to 1962 Crystal Grove Drive; the property will be on your side of the street.

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MLS GRID

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 September 2, 2026 at 6:05 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