Active

1962 Crystal Grove Drive

LAKELAND, FL 33801
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Bed 8

Bed

Bath 8

Bath

SqFt4,056

Sqft

Acres0.27

Acre(Lot)

Investment Opportunity – 1962 Crystal Grove Drive **Fantastic investment opportunity!** This **4-unit multifamily building** offers an excellent opportunity for investors looking to add an income-producing property to their portfolio. Each unit features a desirable **2-bedroom, 2-bathroom layout**, providing comfortable living space and strong rental appeal. **Two of the four units are currently tenant occupied**, generating **$1,500 per month per occupied unit**, providing immediate rental income while leaving additional potential to maximize the property's overall income. The four-unit configuration offers flexibility for an investor looking to build long-term cash flow and benefit from the continued demand for rental housing. The property's location adds to its investment appea l, with convenient access to everyday shopping, restaurants, schools, parks, and major roadways. Residents can enjoy nearby outdoor recreation, including opportunities for walking, biking, fishing, boating, and exploring Florida's natural surroundings. The area also offers easy access to local entertainment, dining, and shopping, making it an attractive location for both current and future tenants. Nearby attractions and recreational destinations provide plenty of options for enjoying the Florida lifestyle. Whether you're an experienced investor or looking for your first multifamily investment, **1962 Crystal Grove Drive** presents an exciting opportunity with **four 2-bedroom, 2-bathroom units**, existing rental income, and additional potential to increase occupancy and cash flow. **Four units. Strong rental potential. Two units currently producing $1,500/month each. Don't miss this opportunity to add a versatile multifamily property to your investment portfolio!**

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Detail Ic Property Details

Property Type : Residential Income

Price : $675,000

AD Id : 89674063

MLS Id : MFRO6434625

Beds : 8

Lot Size : 0.27 Acre

Living Area Size : 4,056

Year Built : 1986

County : Polk

Subdivision: Crystal Grove

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Map

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Feature Features

  • Bedroom Information

    Total Bedroom: 8

    Bathroom Information

    Total Baths: 8

    Interior Features

    Other Roof: Shingle Laundry Features: Laundry Room

    Roofing Information

    Shingle
  • Flooring Information

    Construction Materials: Concrete
  • Heating & Cooling

    Heating: Central Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1986
  • Exterior Features

    Garden Construction Materials: Concrete Foundation Details: Block

  • Lot Information

    Lot Dimensions: 108x110 Lot Square Feet: 11827 Lot Acres: 0.27 Lot Size (SqMt): 1099

    Property Information

    Property Type: Residential Income Sub Type: Quadruplex

  • Listing Price Information

    Original List Price:$675000

  • Tax Information

    Tax Book Number: 72-33 Tax Lot: Q-32 Tax Legal Description: CRYSTAL GROVE PB 72 PG 33 LOT Q-32 LESS 1.25 FT Annual Tax: $5943.02 Tax Year: 2025 Parcel Number: 24-28-28-247010-017321

  • Utility Information

    Cable Available, Electricity Connected, Sewer Connected, Water Connected Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: CRYSTAL GROVE City: LAKELAND Direction: From I-4: Take Exit 33 for Socrum Loop Road / FL-33 and head south on FL-33/Socrum Loop Road toward Lakeland. Continue approximately 3–4 miles, then turn left onto Crystal Grove Drive. Follow Crystal Grove Drive to 1962 Crystal Grove Drive; the property will be on your side of the street.
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ByOwner last updated this listing 08/25/2026 @ 18:20

MLS: MFRMLS #O6434625 LISTED BY: Candace Garber, TRUDEALS REALTY CORP 833-878-3325 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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