$499,000
902 Lime Street
Lakeland, FL 33801
Listing updated: October 2, 2026 at 6:49 AM ET
Listing courtesy of Century 21 Myers Realty · Tony Acosta · MLS #L4965488 · Active · 863-875-5656Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Flood zone
About this home
Fully leased four-unit investment opportunity near Downtown Lakeland! Located at 902-904 E Lime Street, this income-producing property features four residential units, each offering 1 bedroom, 1 bathroom, a kitchen, and living area. Two units are located within the main residence, with two additional units situated in the detached rear building, creating a unique multifamily configuration with separation between the structures. All four units are currently leased and generate approximately $4,450 per month in gross rental income. The owner currently pays utilities, averaging approximately $634 per month, providing prospective investors with established income and operating history from day one. The property has also demonstrated a strong history of occupancy; prior marketing materials report that it maintained full occupancy for more than a decade. Situated in the Downtown Lakeland area, the property offers convenient access to shopping, dining, employment centers, major roadways, and the amenities of Lakeland’s urban core. With 100% current occupancy, $53,400 in annual gross rental income based on current rents, and four self-contained living units, this is an opportunity to acquire an established multifamily property in a central Lakeland location. Please do not disturb tenants. Showings by appointment only. Buyer to verify all measurements, unit information, leases, income, expenses, zoning, and property details.
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: ActiveOct 1, 2026
- Listed$499,000Oct 1, 2026
- Price increased$499,000
Property Documents
Documents the listing agent has made public for this property. Free to view and download.
Facts & features
- Property type
- Residential Income
- Sub type
- Quadruplex
- Status
- Active
- Days on market
- 1
- Subdivision
- Mortons Add
- County
- Polk
- Year built
- 1948
- Living area
- 2,048 sq ft
- Price/sq ft
- $244
- Building area
- 2,803 sq ft (Public Records)
- Lot size
- 10,001 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12105C0315G)
- Annual taxes
- $2,187 (2025)
- Parcel #
- 24-28-18-205000-007212
- Zoning
- MF-22
- MLS #
- L4965488
Ask about this home
Have a question? Ask the broker directly.
Ryan Solberg answers personally — no call center, no spam. Your question goes straight to him.
Interior Details
- Bedrooms
- 0
- Flooring
- Carpet, Ceramic Tile, Laminate
- Appliances
- Microwave, Range, Refrigerator
- Interior features
- Ceiling Fans(s)
- Laundry
- Common Area, Electric Dryer Hookup, Washer Hookup
- Stories / Levels
- One
Heating & Cooling
- Heating
- Propane
- Cooling
- Mini-Split Unit(s)
Parking
- Attached garage
- No
- Parking features
- Driveway, Ground Level, Off Street, Parking Pad
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- No Minimum
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Fence, Sidewalk
- Construction materials
- Frame
- Roof
- Shingle
- Foundation
- Crawlspace
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Connected, Propane, Public, Sewer Connected, Water Connected
Community
- Pets allowed
- Cats OK, Dogs OK
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Listing Details
- Listing date
- 2026-10-01
- On market date
- 2026-10-01
- Original list price
- $499,000
- Occupant type
- Tenant
- MLS area
- 33801 - Lakeland
- Listing AOR
- East Polk
- Status changed
- 2026-10-01
- Tax legal description
- MORTONS ADD DB Q PG 79 BLK G LOT 21 W1/2
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
From I4, take exit 33 for CR-582 toward FL-33/Lakeland. Turn left onto N Socrum Loop Rd. Turn right onto FL-33 S. Continue straight onto N Massachusetts Ave. Use the left 2 lanes to turn left onto Bartow Rd. Turn right onto E Lime St. Destination will be on the right
More homes like this
$449,900
716 E Lime St
Lakeland, FL 33801
3 bd · 2 ba · 1,650 sqft
Mortons Add
MLS ID #L4961966, EXP REALTY LLC.
Listing provided by Stellar MLS
$314,990
3688 Pioneer Trails Blvd E
Lakeland, FL 33810
3 bd · 2 ba · 1,782 sqft
Pioneer Trails Ph 01
MLS ID #L4965523, LIVE FLORIDA REALTY.
Listing provided by Stellar MLS
$465,900
1934 Altavista Cir
Lakeland, FL 33810
4 bd · 4 ba · 2,493 sqft
Terralargo
MLS ID #TB8547803, RE/MAX REALTY UNLIMITED.
Listing provided by Stellar MLS
$315,000
1305 E Parker St
Lakeland, FL 33801
3 bd · 2 ba · 1,419 sqft
Lake Parker Terrace Sub
MLS ID #L4962940, BHHS FLORIDA PROPERTIES GROUP.
Listing provided by Stellar MLS
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 October 2, 2026 at 6:49 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.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA