303 W 5TH STREET LAKELAND FL 33805 MLS #TB8531497

303 W 5TH STREET
LAKELAND, FL, 33805
$390,000
5 Beds
3 Baths
1,928 SqFt
0.13 Acres
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MLS #TB8531497 image #0
Open House Aug 08, 2026
10:00 – 12:00
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

Price:
$390,000
MLS #:
TB8531497
Status:
Active
Beds:
5
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
WASHINGTON PARK
Neighborhood:
33805lakelandgibsonia
Listed Date:
Jul 22, 2026
Finished Sq Ft:
1,928
Total Sq Ft:
1,928
Lot Size:
5,863 sqft / 0.13 acres (approx)
Year Built:
1947
33805 – Lakeland / Gibsonia33805lakelandgibsoniaWashington Park

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Schools

Interior

Appliances
Microwave, Range, Refrigerator
Bathrooms
3 Full Bathrooms
Cooling
Central Air, Mini-Split Unit(s)
Flooring
Carpet, Ceramic Tile, Laminate
Heating
Central
Interior Features
Ceiling Fan(s), Solid Surface Counters, Split Bedroom
Laundry Features
Inside
Levels
One

Exterior

Construction Materials
Block, Stucco
Direction Faces
East
Exterior Features
Private Entrance, Sidewalk
Roof
Shingle

Financial

Tax Year
2025
Taxes
$3,378

Map

Community

Subdivisions in LAKELAND

Market Summary

Current real estate data for Single Family in LAKELAND as of Aug 04, 2026
1,183
Single Family Listed
99
Avg DOM
210
Avg $ / SqFt
$420,323
Avg List Price

Property Summary

    Located in the WASHINGTON PARK subdivision, 303 W 5TH STREET LAKELAND FL is a Single Family for sale in LAKELAND, FL, 33805. It is listed for $390,000 and features 5 beds, 3 baths, and has approximately 1,928 square feet of living space, and was originally constructed in 1947. The current price per square foot is $202. The average price per square foot for Single Family listings in LAKELAND is $210. The average listing price for Single Family in LAKELAND is $420,323. To schedule a showing of MLS#tb8531497 at 303 W 5TH STREET in LAKELAND, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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