1235 Morgan Dr, photo 1
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Overview

4 bd2 ba1,146 sqftSingle Family
TypeSingle Family
HOANone listed
Built1958
Lot7,379 sqft
Living area1,146 sqft
Price / sqft$196

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About this home

Ninguno

1235 Morgan Dr is a 1958-built home in Woodland Estates, Lakeland. Inside you'll find 4 bedrooms, 2 bathrooms, and 1,146 square feet of living space. Listed at $225,000 (about $196/sqft), 170 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Producing 3 bed / 2 bath home in central Lakeland's Combee Settlement area, currently leased through 07/31/2027 at $1,875/month (plus tenant pays for a $60 benefits package). Built 1958, 1,146 sqft. The 3/2 configuration is the gold standard in single-family rental, commanding top-of-market rent and longer average tenancy. List $225,000 / estimated ARV $275,000, providing strong equity-capture margin. Lease expiration aligns with peak Florida leasing season for an ideal renewal or rent-reset window. Lakeland sits dead center in the I-4 growth corridor between Tampa and Orlando, one of Florida's strongest appreciation paths. Photo disclosure: Listing photos were taken prior to current tenant occupancy and may not reflect the property's present condition. Showings by appointment with required notice to tenant. Buyer and buyer's agent to verify all material facts. Sellers have never occupied this property.

The essentials

Built
1958
Price / sqft
$196
On market
170 days
Annual tax
$2,815
Flood zone
X · Low risk
Lot
7,379 sqft
Type
Single Family Residence

At a glance

Single family
Built 1958
7,379 sqft lot
Lot size
1,146 sqft
Living area

Payment

Est. monthly payment
$1,520/mo
Down payment (20%)
$45,000
Property taxes
$235/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1958
Lot
7,379 sqft
Cooling
Central Air
Heating
Electric
Parking
-
Days on Market
170
Ninguno
Flood Zone X
Annual Tax (2025)
$2,815
Parcel #
24-28-10-177600-004070

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Woodland Estates
County
Polk
MLS Area
33801 - Lakeland
Lot Size
7,379 sqft

Price history

Date
Event
Price
9/25/2026
Price change
Source: Stellar MLS #TB8501961
$225,000+13.1%
$196/sqft
-
Price change
Source: Stellar MLS #TB8501961
$199,000-13.4%
$174/sqft
4/26/2026
Listed for sale
Source: Stellar MLS #TB8501961
$229,900
$201/sqft

Neighborhood

1235 Morgan Dr
Lakeland, FL, 33801 · 33801 - Lakeland

Market insights

Offer Insights

Choose an offer strength

List price: $225,000
$225,000
99.5% – 100% of listTops out right at the list price
80% of listList price
95 of the last 166 home closings in 33801 landed at this number or higher (57%). The median one sat 27 days before it went under contract, and this one is on day 170 after a $4,900 cut.

Sample: 166 closed home sales in 33801 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$1,521/mo
Principal & interest$1,173
Property taxes$235
Insurance$113
Down payment20% · $45,000
Interest rate6.80%
Loan term

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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

$225,000

$196 per sq ft

Beds and baths

4 beds, 2 baths

Size

1,146 sq ft

Time on market

170 days

Year built

1958

Monthly payment

About $1,520/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,815 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.

Offer

What should I offer?

Have another question?

Brokered byGRAYSTONE REAL ESTATEListing agent: Bradley DreherListing data from Stellar MLS, MLS# TB8501961.

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