LAKELAND, FL 33801 701 E LIME STREET

701 E LIME STREET LAKELAND, FL - Image 1701 E LIME STREET LAKELAND, FL - Image 2701 E LIME STREET LAKELAND, FL - Image 3
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701 E LIME STREET LAKELAND, FL - Image 4701 E LIME STREET LAKELAND, FL - Image 5701 E LIME STREET LAKELAND, FL - Image 6701 E LIME STREET LAKELAND, FL - Image 7701 E LIME STREET LAKELAND, FL - Image 8
Presented By: REMAX EXPERTS with 863-802-5262. - 863-802-5262
  • MLS# L4953575
  • 06/07/2025
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  • Beds • 6
  • Baths • 6
  • SQFT • 5,060

Home Details

This is a six unit property built in 1925 as an apartment building, located just a few blocks from downtown Lakeland, Lake Morton, and Lake Mirror. This is NOT a house converted into apartments. The buildings are wood frame with a shingled roof. A new roof installed on the main building in 2025. The other building roof in 2003. There was Termite treatment/tenting of both buildings in 2024. There are 4 one bedroom / one bath units fronting at the SE corner of Lime Street and Indiana Avenue in a two story building and two one bedroom / one bath units over the carport building located directly on Indiana Avenue South. The larger Lime Street building has four 1,000 square foot units, each with one bedroom, one bathroom (with tub), full kitchen, separate living room, separate dining room, and large enclosed porch. There are two units on each floor. There is an entrance on the front (Lime St) and rear of the building. All these units have central A/C The smaller 2 unit building (Indiana Ave) each have a full kitchen, combined living/dining room area, one bedroom and a full bath. These units have window unit A/C. There is a private, screened-in covered patio/porch for each unit. There are separate staircases leading up to each of these units. All Tenant mailboxes are located under the stairs of unit 412. There are coin operated laundry machines located in the rear of this building, for all tenants use. All units have a Refrigerator and Stove. Units 1, 3, 4 and 414 have instant hot water heaters. Units 2 and 412 have a standard hot water tank/heater. Hardwood flooring throughout with ceramic tile in the kitchens and bathrooms. Units 1 & 4 have granite countertops in the kitchens. Carport parking (4 bays) is on Indiana Ave under the 2 units building and other parking is on site. City Water and sewer is paid by the owner. Cable is paid by the tenant
Presented By: REMAX EXPERTS with 863-802-5262. - 863-802-5262

Interior Features for 701 E LIME STREET

Bedrooms

Total Bedrooms6

Bathrooms

Total Baths6

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringceramic tile, hardwood
Heating Y/NYes
Interior Amenitiesceiling fan(s)
Laundry Featureslaundry room

General for 701 E LIME STREET

Additional Parcels Y/NNo
Applianceselectric water heater, range, range hood, refrigerator, tankless water heater
Building Area Unitssquare feet
Carport Spaces4
Carport Y/NYes
Citylakeland
Construction Materialsasbestos
Coolingcentral air, wall/window unit(s)
Countypolk
Directionsin lakeland take south florida avenue to lime street. turn east on lime st to indiana ave. property is located on the se corner. indiana ave is a one way street - you cannot turn onto it.
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
Gross Income70625
HOANo
Heatingcentral, electric, heat pump, wall units / window unit
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionh j mathis 1st add pb 2 pg 119 blk a lot 3 less add'l r/w for rd
Levelsone
Listing Termsowner may carry
Living Area Unitssquare feet
Lot Size Square Feet7793
Lot Size Unitssquare feet
MLS Area33801 - lakeland
ModificationTimestamp2025-06-07t15:13:37.930z
New ConstructionNo
Number Of Units Total6
Occupancy Typetenant
Ownershipfee simple
Patio/Porch Featurescovered, enclosed, front porch, rear porch, screened
Property Conditioncompleted
Property Subtypemulti family
Property Typeresidential income
Roofshake
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namemathis h j add 01
Tax Annual Amount4206.18
Tax Lot3
Tax Year2024
Tenant Payselectricity
Utilitiescable available, cable connected, electricity available, electricity connected, sewer connected, water connected
Viewcity
Water Access Y/NNo
Water View Y/NNo
Year Built1927
Zoningmf-22

Exterior for 701 E LIME STREET

Building Area Total5904
Covered Spaces4
Exterior Amenitiesbalcony
Foundation Detailscrawlspace
Lot Dimensions55 x 140
Lot Featurescorner lot, historic district, city lot
Lot Size Acres0.18
Lot Size Area7793
Number of Buildings2
Private PoolNo
Road Frontage Typestreet paved
Road Surface Typepaved, asphalt
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Andre LaFountain

Realtor / Coach
Price $825,000
MLS#L4953575
List Date 06/07/2025
Property Type Income
Phone 518.569.7173
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Location
  • Babcock Ranch