542 & 540 S CLAYTON AVENUE, LAKELAND, FL 33801

$525,0006 Beds3 Baths2,529 Sq. Ft.$208 / sq. ft.

LAKELAND, FL 33801 · MLS# L4963551 · Active · BILTMORE PARK SUB

Status
Active
Type
Duplex
Year Built
1953
Days on Market
1
Lot Size
12,528 sqft
MLS #
L4963551
County
Polk

Description of 542 & 540 S CLAYTON AVENUE, LAKELAND, FL 33801

Discover the perfect opportunity to live, invest, or generate rental income with this unique property featuring two beautifully remodeled homes and a 29' x 22' detached concrete block storage building on one lot. Whether you choose to live in one home and rent the other, or maximize your returns by leasing both, this property offers incredible flexibility. The larger residence features 4 bedrooms, 2 bathrooms, and 1,679 square feet of living space. Inside, you'll find a spacious living room, separate family room, inside laundry, and a stunning new kitchen complete with new cabinetry, countertops, and appliances. Luxury vinyl plank flooring flows throughout the home, complemented by fresh interior paint and new ceiling fans. The second home offers 2 bedrooms, 1 bathroom, and includes a single-car garage with an adjoining storage/laundry room featuring washer and dryer hookups. Like the main home, it has been completely remodeled with luxury vinyl plank flooring, fresh paint, new ceiling fans, and a beautifully updated kitchen with new cabinets, countertops, and appliances. Adding even more value is the detached 29' x 22' concrete block storage building, complete with electricity and a half bath—ideal for a workshop, hobby space, business storage, or additional flex space. Conveniently located in the heart of Lakeland, this property is just a short walk to both Lake Hollingsworth and Lake Morton, offering easy access to scenic walking trails, parks, and all the charm of central Lakeland. Don't miss this rare opportunity to own a move-in-ready, income-producing property in one of Lakeland's most desirable locations!

Property Details for 542 & 540 S CLAYTON AVENUE, LAKELAND, FL 33801

Interior Features
Ceiling Fan(s), Eating Space In Kitchen, Window Treatments
Appliances
Electric Water Heater, Microwave, Range, Refrigerator
Flooring
Luxury Vinyl
Heating
Electric
Cooling
Central Air
Garage Spaces
1
Attached Garage
Yes
Pool Private
No

Building Information for 542 & 540 S CLAYTON AVENUE, LAKELAND, FL 33801

Building Area Units
Square Feet
Association
No

Property Information for 542 & 540 S CLAYTON AVENUE, LAKELAND, FL 33801

Lot Size Square Feet
12,528
Waterfront
No
View
No
Construction Materials
Block
Roof
Shingle
Exterior Features
Outbuilding
Sewer
Public Sewer
Water Source
Public
New Construction
No

Public Records for 542 & 540 S CLAYTON AVENUE, LAKELAND, FL 33801

Parcel Number
242819218000003010
Tax Annual Amount
$3,319
Tax Year
2025
Tax Legal Description
BILTMORE PARK SUB PB 8 PG 41 BLK 3 LOT 1 LESS RD R/W & LOT 14
Zoning
RB-1
County Or Parish
Polk

Payment Calculator

Estimated Payment
$3,195/mo
Principal & Interest
$2,655
Property Taxes
$277
Home Insurance
$263

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

542 & 540 S CLAYTON AVENUE, LAKELAND, FL 33801 · See all Lakeland homes for sale

Similar Homes in LAKELAND

More information about 542 & 540 S CLAYTON AVENUE, LAKELAND, FL 33801

542 & 540 S CLAYTON AVENUE is a multi-family home for sale in LAKELAND, FL 33801. This property was listed for sale on July 15, 2026 by REGAL REAL ESTATE LLC, it's currently listed at $525,000. This listing's school district is Polk Public Schools. 542 & 540 S CLAYTON AVENUE is a 6-bed, 3-bath, 2,529 sqft multi-family home built in 1953.