303 W 5TH STREET, LAKELAND, FL 33805

$385,0005 Beds3 Baths1,928 Sq. Ft.$200 / sq. ft.

LAKELAND, FL 33805 · MLS# TB8531497 · Active · WASHINGTON PARK

Status
Active
Type
Single Family Residence
Year Built
1947
Days on Market
17
Lot Size
5,863 sqft
MLS #
TB8531497
County
Polk

Description of 303 W 5TH STREET, LAKELAND, FL 33805

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!

Property Details for 303 W 5TH STREET, LAKELAND, FL 33805

Bathrooms Full
3
Bathrooms Half
0
Interior Features
Ceiling Fan(s), Solid Surface Counters, Split Bedroom
Appliances
Microwave, Range, Refrigerator
Flooring
Carpet, Ceramic Tile, Laminate
Heating
Central
Cooling
Central Air, Mini-Split Unit(s)
Furnished
Unfurnished
Pool Private
No
Direction Faces
East

Building Information for 303 W 5TH STREET, LAKELAND, FL 33805

Building Area Total
1928
Building Area Units
Square Feet
Association
No

Property Information for 303 W 5TH STREET, LAKELAND, FL 33805

Lot Size Square Feet
5,863
Waterfront
No
View
No
Construction Materials
Block, Stucco
Roof
Shingle
Exterior Features
Private Entrance, Sidewalk
Sewer
Public Sewer
Water Source
Public
New Construction
No

Public Records for 303 W 5TH STREET, LAKELAND, FL 33805

Parcel Number
232812055500013080
Tax Annual Amount
$3,378
Tax Year
2025
Tax Legal Description
WASHINGTON PARK PB 1 PG 99 BLK 13 LOT 8
Zoning
RA-4
County Or Parish
Polk

Payment Calculator

Estimated Payment
$2,422/mo
Principal & Interest
$1,947
Property Taxes
$282
Home Insurance
$193

Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.

Location

303 W 5TH STREET, LAKELAND, FL 33805 · See all Lakeland homes for sale

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More information about 303 W 5TH STREET, LAKELAND, FL 33805

303 W 5TH STREET is a single family home for sale in LAKELAND, FL 33805. This property was listed for sale on July 20, 2026 by HOME PRIME REALTY LLC, it's currently listed at $385,000. This listing's school district is Polk Public Schools. 303 W 5TH STREET is a 5-bed, 3-bath, 1,928 sqft single family home built in 1947.