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About this home
2929 Nine Iron Dr is a 1983-built home in Not IN A Subdivision, Lakeland. Inside you'll find 8 bedrooms, 4 bathrooms, and 3,400 square feet of living space. Listed at $499,000 (about $147/sqft), 89 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Don't miss this exceptional investment opportunity featuring two duplexes on one lot, offering four units with immediate cash flow. Located at 2929 Nine Iron Drive and 2934 Eight Iron Drive in Lakeland, this rare multifamily property includes three occupied units and one vacant unit, providing immediate rental income while offering flexibility to lease the vacant unit at current market rates or occupy it yourself. Each unit features 2 bedrooms, 1 full bathroom, and washer/dryer hookups for added tenant convenience. Both duplexes received new roofs in 2019, helping reduce future maintenance costs. Ideally situated in a central Lakeland location, the property offers easy access to shopping, dining, schools, major roadways, and everyday conveniences, making it highly desirable for tenants and supporting strong long-term rental demand. Whether you're looking to expand your investment portfolio or acquire a well-positioned multifamily asset, opportunities like this are rare. With established rental income, additional upside through the vacant unit, and a prime location, this is an investment you won't want to miss.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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Sample: 164 closed home sales in 33801 over the last 8 months, Stellar MLS. A starting point, not a guarantee.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$499,000
$147 per sq ft
Beds and baths
8 beds, 4 baths
Size
3,400 sq ft
Time on market
89 days
Year built
1983
Monthly payment
About $3,305/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,442 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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