(Lakeland, FL) SFH 3 beds 1 bath - Fix and Flip!

$140,000

Beds

Baths

1,022

Sq ft

1940

Year built

$100K spread

About this property

PROPERTY OVERVIEW

Address: 842 S New York Ave, Lakeland, FL 33815

3 Bedrooms | 1 Bathroom
Living Area: 1022 Sq Ft
Lot Size: 7,143 Sq Ft
Year Built: 1940 (Classic architectural integrity)
Zoning: O-1 (Low Impact Office / Residential flexibility)
HOA: None
PROPERTY DESCRIPTION Attention Fix & Flip Investors and Buy-and-Hold Buyers! This single-family property sits in a highly desirable, rapidly transitionary pocket of Lakeland. Built with heavy masonry/solid foundation construction, this property boasts exceptionally good bones with a solid framing layout but requires a full cosmetic overhaul to maximize its true market value. The small footprint means lower overall renovation costs, making it the perfect quick-turn cosmetic flip or high-yield addition to a BRRRR rental portfolio. It features a sizeable 0.16-acre lot with space for potential detached value-adds. Estimated Scope of Work:
Full aesthetic update (Kitchen and Bathroom remodel)
Modern flooring throughout
Minor drywall patches/cosmetic texturing
Roof over Garage needs replaced / repaired
However - Roof was replaced recently due to storm damage

Layout3 Bed / 1 Bath

Living area1,022 sq ft

Year built1940

Property typeCommercial

CountyPolk County

Asking price$140,000

ARV estimate$240,000

Spread (ARV − asking)$100,000

Brought to you by

Ms. Meriam Aberri

Miami Off-Market Deals

+1 (305) 762-9521 office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

Request the deal package — comps, seller walkthrough and terms, sent to verified buyers usually within the hour.

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Off-market comps, the seller walkthrough packet, rent roll and terms — sent to verified buyers, usually within the hour.

Asking

$140K

ARV est.

$240K

Spread

$100K