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1310 N Combee Rd
For Sale $725,000 ($114.52 per Sq Ft)
$725,000 ($114.52 per Sq Ft)
- 8 Units
- 6,331 Sq Ft
- 95,832 Sq Ft
- Unknown Cap Rate
Description
Combee Apartments, is a stabilized *8-unit multifamily property located at 1310 N Combee Rd in Lakeland, Florida. Set on a large 2.2-acre parcel, this five-building complex combines long-term income stability with future development potential in the heart of Central Florida’s high-demand Polk County submarket.
Built in 1950, the property includes a diverse unit mix of three 1-bedroom/1-bath units, four 2-bedroom/1-bath units, and one 2-bedroom/2-bath single-family home, totaling 6,331 square feet. All units are equipped with mini-split AC systems and feature block construction, slab foundations, and pitched shingle roofs. The layout allows for low-density living, ample tenant parking, and future flexibility.
Electricity and water are separately metered and paid by tenants, while the landlord covers sewer (septic) and trash services. The property is currently leased with below-market rents, offering immediate value-add potential through lease adjustments.
Strategically located near major employers, retail, and transportation corridors, Combee Apartments provides convenient access to downtown Lakeland and nearby I-4, making it an ideal choice for workforce housing. With solid bones, stable cash flow, and room for growth, this property represents a compelling opportunity for investors seeking scalability in one of Florida’s fastest-growing markets.
*DISCLAIMER: TWO UNITS ARE NON-CONFORMING*
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $725,000 |
| Property Type | Multi-Family |
| Usable Sqft | 6,331 |
| Number of Stories | 0 stories |
| Parking Spots | 2 spots |
| Year Built | 1931 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 242809175500012400 |
| MLS # | TB8419297 |
| Property ID | 318787025 |
| Lot Sqft | 95,832 |
| Zoning | C-3 |
| Total Units | 8 |
| Days on Market | 124 |
| Original List Price | $900,000 |
| Date Updated | December 18, 2025 |
| Date Created | August 19, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Tito Urbano Perez an agent of .
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of December 18, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT