902 E Lime Street Lakeland, FL 33801
Listing Courtesy of: MLS LogoSTELLAR as distributed by MLS GRID / Listed By: Tony Acosta, Century 21 Myers Realty - Contact:  863-875-5656

  902 E Lime Street Lakeland, FL 33801

Active (14 Days)
$499,000 (USD)

Description

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.

MLS #:
L4965488
Taxes
$2,187(2025)
Lot Size
10,001 SQFT
Type
Multifamily
Year Built
1948
County
Polk County

Listed By

Tony Acosta, Century 21 Myers Realty, Contact: 863-875-5656
Source
STELLAR
Last checked Oct 15 2026 at 11:07 PM GMT+0000
Bathroom Details
Interior Features
  • Unfurnished
  • Appliances: Refrigerator
  • Ceiling Fans(s)
  • Appliances: Microwave
  • Appliances: Range
Subdivision
  • Mortons Add
Lot Information
  • Sidewalk
  • Historic District
  • City Limits
  • Paved
Property Features
  • Foundation: Crawlspace
Heating and Cooling
  • Propane
  • Mini-Split Unit(s)
Flooring
  • Ceramic Tile
  • Carpet
  • Laminate
Exterior Features
  • Frame
  • Roof: Shingle
Utility Information
  • Utilities: Cable Available, Public, Water Connected, Water Source: Public, Bb/Hs Internet Available, Electricity Connected, Sewer Connected, Propane
  • Sewer: Public Sewer
School Information
  • Elementary School: Philip O’Brien Elementary
  • Middle School: Sleepy Hill Middle
  • High School: Lakeland Senior High
Parking
  • Driveway
  • Parking Pad
  • Off Street
  • Ground Level
Living Area
  • 2,048 sqft
Additional Information: Myers Realty | 863-875-5656
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Mortgage calculator estimates are provided by C21 Myers Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2026. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 10/15/26 16:07
Based on information submitted to the MLS GRID as of 10/15/2026 23:07. 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.