312 ARIANA STREET, #308-316
Lakeland, FL 33802
$800,000
**INVESTOR OPPORTUNITY** This building consists of four apartments and one single-family residence, with each unit consisting of 900-1500 sq. ft. of living space, depending on the unit. The property features newer AC units, newer plumbing and electric, renovated bathrooms, new laminate flooring throughout, fresh interior paint, and more. The building's exterior needs a little TLC. The property is conveniently located near Bonny Lake, Downtown Lakeland, Southeastern University, Grove Shopping Plaza, and the Polk Parkway for a quick commute to Orlando or Tampa, plus more. This is an amazing opportunity for an investor looking to have five income-producing properties in historic Dixieland-Lakeland.
Listing Courtesy of: INSTA REAL ESTATE SOLUTIONS
813-586-0654
| Listing Id: | TB8557965 |
|---|---|
| List Price: | $800,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Quadruplex |
| Status: | Active |
| Bedrooms Total: | 13 |
| Bathrooms Full: | 6 |
| Living Area: | 4,200 |
| Tax Annual Amount: | $4,532 |
| Lot Size Square Feet: | 13,499 |
| Lot Size Acres: | 0.31 |
| Waterfront?: | No |
| City: | Lakeland |
| County Or Parish: | Polk |
| Subdivision Name: | Dixieland Rev |
| Postal Code: | 33802 |
| Year Built: | 1922 |
| Number Of Units Total: | 5 |
| Additional Parcels?: | No |
| Attached Garage?: | No |
| Bathrooms Total Integer: | 6 |
| Building Area Units: | Square Feet |
| Carport?: | No |
| Foundation Details: | Pillar/Post/Pier |
| Construction Materials: | Frame |
| Cooling: | Central Air, Wall/Window Unit(s) |
| Directions: | Take Exit 31 from I-4 East toward FL-539 S / Kathleen Rd / Lakeland. Keep right at the fork to merge onto FL-539 S / Kathleen Rd. Continue straight on Kathleen Rd for approximately 5.5 miles. Note: As you approach downtown Lakeland, the road name shifts seamlessly into S Sikes Blvd and then into Hardin Blvd. Turn left onto W Ariana St. Drive down W Ariana St for about half a mile. Your destination, 312 Ariana St, will be on your right. |
| Elementary School: | Dixieland Elem |
| Exterior Features: | Other |
| Flooring: | Linoleum, Vinyl |
| Furnished: | Unfurnished |
| Garage?: | No |
| Gross Income: | $72,000 |
| Heating: | Electric |
| High School: | Lakeland Senior High |
| Interior Features: | Ninguno |
| Laundry Features: | None |
| Lease Term: | Twelve Months |
| Levels: | One |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Features: | City Limits, Near Public Transit, Paved, Unpaved |
| Lot Size Acres: | 0.31 |
| Lot Size Dimensions: | 135 x 100 |
| Postal Code Plus4: | 2164 |
| Middle Or Junior School: | Southwest Middle School |
| MLS Area Major: | 33802 - Lakeland |
| MLS Area Major: | 33802 - Lakeland |
| Other Structures: | Shed(s) |
| Original List Price: | $800,000 |
| Parcel Number: | 23-28-24-117500-047030 |
| Parking Features: | Off Street, Open |
| Patio And Porch Features: | None |
| Property Attached?: | Yes |
| Township: | 28 |
| Road Surface Type: | Asphalt, Paved |
| Roof: | Shingle |
| Listing Terms: | Cash, Conventional |
| Tax Year: | 2025 |
| Senior Community?: | No |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Association?: | No |
| Tenant Pays: | Electricity, Gas, Sewer, Trash Collection, Water |
| Total Actual Rent: | $6,000 |
| Financial Data Source: | Owner |
| Utilities: | Cable Available, Electricity Available, Electricity Connected, Phone Available, Public, Sewer Available, Sewer Connected, Water - Multiple Meters, Water Available, Water Connected |
| Water Source: | Public |
| Number Of Lots: | 2 |
| Property Condition: | Fixer |
| Public Survey Range: | 23 |
| Public Survey Section: | 25 |
| Zoning: | RB-1 |
| Possession: | Close Of Escrow |
| Spa?: | No |
| Window Features: | Wood Frames |
| Annual Expenses: | 0 |
| Annual Net Income: | 72000.00 |
| Association Fee Requirement: | None |
| Auction Prop Access Yn: | No |
| Calculated List Price By Calcula: | 190.48 |
| Cddyn: | No |
| Est Annual Market Income: | 144000.00 |
| Flood Zone Code: | X |
| Flood Zone Date: | 2016-12-22 |
| Flood Zone Panel: | 12105C0315G |
| Green Verification Count: | 0 |
| Homestead Yn: | No |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 390.19 |
| Lot Size Square Meters: | 1254 |
| Other Exemptions Yn: | No |
| Planned Unit Development Yn: | No |
| Property Description: | Walk-Up |
| Realtor Info: | As-Is, No Sign |
| Sdeo yn: | No |
| Terms Of Lease: | Gross Lease |
| Total Acreage: | 1/4 to less than 1/2 |
| Total Monthly Expenses: | 0 |
| Total Num Buildings: | 3 |
| Unit Count: | 5 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Individually Metered: | Cable, Electric, Gas, Internet, Sewer, Water |
| Road Responsibility: | Public Maintained Road |
| Association 2 Yn: | 0 |
| Attribution Contact: | 813-586-0654 |
| Originating System Name : | Stellar MLS |
| Green Energy Generation Yn: | No |
| Number Of Separate Electric Meters: | 5 |
| Number Of Separate Water Meters: | 3 |
| Listing Contract Date: | 2026-10-28 |
| Fireplace?: | No |
| Pool Private?: | No |
| New Construction?: | No |
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Property Last Updated: October 29, 2026 03:03 AM - ET
