About 115 Emma Street
Don’t miss this exceptional redevelopment and income-producing opportunity in the rapidly growing Lakeland market. Situated on a single parcel, this property consists of three total residential units across two separate buildings: * One duplex with separate electric meters for each unit. * One detached single-family home. Included with the sale are professionally completed Mechanical, Electrical, and Plumbing (MEP) plans, providing a significant head start for redevelopment and substantially reducing the time and expense required before construction. Proposed Redevelopment Plans * Detached Single-Family Home: Reconfigured into a modern 3-bedroom, 2-bathroom residence. * Duplex: Complete redesign into two expansive 5-bedroom, 3-bathroom units, creating a total of 13 bedrooms and 8 bathrooms across the property. The proposed layouts maximize rental potential while incorporating modern floor plans, updated building systems, and efficient use of space. Whether your strategy is traditional multifamily rentals, co-living, workforce housing, or another high-income rental model, this property offers exceptional flexibility. Located just minutes from downtown Lakeland with convenient access to Interstate 4, the property benefits from strong rental demand while offering easy access to both Tampa and Orlando.
Features of 115 Emma Street
| MLS® # | O6421108 |
|---|---|
| Price | $399,000 |
| Bedrooms | 7 |
| Bathrooms | 5.00 |
| Square Footage | 2,696 |
| Acres | 0.10 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Active |
Listing Details
| Office | BLUE LIGHTHOUSE REALTY INC |
|---|
Listing Map
Neighborhood Information for 115 Emma Street
Growing Population, Moderate Residential Turnover, Suburb of Tampa
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
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Hadley's Early Education Preschool Private - to |
0 Miles | |
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Mckeel Elementary Academy Public - Kindergarten to 6Th Grade |
0 Miles | |
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Lawton Chiles Middle Academy Public - 6Th Grade to 8Th Grade - Closest Middle School |
0 Miles | |
|
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St Luke S Christian Academy & Preschool Private - Preschool to 5Th Grade - Closest Elementry School |
1 Miles | |
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Pace Center For Girls Public - 6Th Grade to 12Th Grade |
1 Miles | |
|
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Lincoln Avenue Academy Public - Kindergarten to 5Th Grade |
1 Miles | |
|
Rochelle School Of The Arts Public - Kindergarten to 8Th Grade |
1 Miles |
School data provided by GreatSchools