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About this home
1134-1136 Gilmore Ave is a 1988-built home in Bon Air Add, Lakeland. Inside you'll find 6 bedrooms, 4 bathrooms, and 2,275 square feet of living space. Listed at $530,000 (about $233/sqft), 137 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Positioned in the heart of rapidly growing Lakeland, this fully remodeled income-producing duplex at 1134-1136 Gilmore Ave presents an exceptional opportunity for both seasoned investors and owner-occupants looking to offset living expenses with strong rental income potential. Built in 1988 and offering approximately 2,275 total square feet, this multi-family property features two spacious units, each thoughtfully designed with 3 bedrooms and 2 bathrooms — a highly desirable layout rarely found in duplex inventory throughout the area. Recent renovations throughout the property create a modern and attractive living environment with updated kitchens, refreshed bathrooms, stylish finishes, fresh interior paint, upgraded flooring, and bright open-concept living spaces that appeal to today’s tenants and buyers alike. Both units have functional floor plans with abundant natural light, comfortable bedroom sizes, in-unit laundry space, central heating and air conditioning, and private living areas designed for long-term tenant satisfaction and minimal maintenance concerns. Situated on a generous lot in an established neighborhood, the property benefits from convenient access to shopping, dining, parks, schools, medical facilities, and major transportation corridors including nearby access to I-4, making commuting to both Tampa and Orlando easily accessible. The property’s strong rental appeal, modern upgrades, and desirable unit mix make it an ideal addition to any investment portfolio while also providing flexibility for house hacking or multigenerational living. With continued growth throughout the Lakeland market and increasing demand for quality rental housing, this duplex offers immediate cash flow potential along with long-term appreciation upside. Whether you are seeking a stable performing asset, a low-maintenance multifamily investment, or a move-in-ready property with excellent income potential, this beautifully updated duplex checks all the boxes. Opportunities like this are becoming increasingly difficult to find in Central Florida — don’t miss your chance to own a fully renovated duplex with strong tenant appeal in one of Polk County’s fastest growing markets
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Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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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
$530,000
$233 per sq ft
Beds and baths
6 beds, 4 baths
Size
2,275 sq ft
Time on market
137 days
Year built
1988
Monthly payment
About $3,643/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $7,364 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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