Sarasota's Premier Homes

2929 NINE IRON DRIVE

LAKELAND, FL 33801

MLS#: L4963478

$499,000

Status: Active
Listing number: L4963478
Listing provided by: ALL COUNTY POLK PROPERTY MANAG
Listing agent phone: None
Last update: a day ago
New on site 4 days ago
Browse Properties
NOT IN A SUBDIVISION - Residential Income

Property

Beds

8

Full Baths

None

1/2 Baths

None

Year Built

1983

Sq.Footage

3,400

Don't miss this exceptional investment opportunity featuring two duplexes on one lot, offering four income-producing units with immediate cash flow. Located at 2929 Nine Iron Drive and 2934 Eight Iron Drive, all four units are currently occupied with 12-month leases in place, providing stable rental income from day one. Each duplex features 2 bedrooms, and 1 full bathroom and a washer/dryer hookups for added convenience. Both roofs were replaced in 2019. This property is centrally located in Lakeland, offering convenient access to shopping, dining, major roadways, schools, and everyday amenities, making it an attractive location for tenants and helping support long-term rental demand. Whether you're looking to expand your investment portfolio or secure a multifamily asset, opportunities like this are hard to find. With four occupied units, strong income potential, and a central location, this is an investment you won't want to miss.

Features & Amenities

Interior

  • Total Bedrooms

    8

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Concrete

  • Other Exterior Features

    Lighting

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.35

  • Lot Size(square feet)

    15,355

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $499,000

  • Tax Amount

    $5,441.87

  • Sq. Footage

    3,400

  • Price/SqFt

    $146

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    39

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Polk

Elementary School

Middle School

High School

Listing Courtesy of Derek McGehee , ALL COUNTY POLK PROPERTY MANAG

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Emil Garinga

Executive Assistant

Emil Garinga

Call Emil today to schedule a private showing.


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Don't miss this exceptional investment opportunity featuring two duplexes on one lot, offering four income-producing units with immediate cash flow. Located at 2929 Nine Iron Drive and 2934 Eight Iron Drive, all four units are currently occupied with 12-month leases in place, providing stable rental income from day one. Each duplex features 2 bedrooms, and 1 full bathroom and a washer/dryer hookups for added convenience. Both roofs were replaced in 2019. This property is centrally located in Lakeland, offering convenient access to shopping, dining, major roadways, schools, and everyday amenities, making it an attractive location for tenants and helping support long-term rental demand. Whether you're looking to expand your investment portfolio or secure a multifamily asset, opportunities like this are hard to find. With four occupied units, strong income potential, and a central location, this is an investment you won't want to miss.

2929 NINE IRON DRIVE

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by The Graf Group of Coldwell Banker via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

New on site 2 days ago
Discover the perfect opportunity to live, invest, or generate rental income with this unique property featuring two beautifully remodeled homes and a 29' x 22' detached concrete block storage building on one lot. Whether you choose to live in one home and rent the other, or maximize your returns by leasing both, this property offers incredible flexibility. The larger residence features 4 bedrooms, 2 bathrooms, and 1,679 square feet of living space. Inside, you'll find a spacious living room, separate family room, inside laundry, and a stunning new kitchen complete with new cabinetry, countertops, and appliances. Luxury vinyl plank flooring flows throughout the home, complemented by fresh interior paint and new ceiling fans. The second home offers 2 bedrooms, 1 bathroom, and includes a single-car garage with an adjoining storage/laundry room featuring washer and dryer hookups. Like the main home, it has been completely remodeled with luxury vinyl plank flooring, fresh paint, new ceiling fans, and a beautifully updated kitchen with new cabinets, countertops, and appliances. Adding even more value is the detached 29' x 22' concrete block storage building, complete with electricity and a half bath—ideal for a workshop, hobby space, business storage, or additional flex space. Conveniently located in the heart of Lakeland, this property is just a short walk to both Lake Hollingsworth and Lake Morton, offering easy access to scenic walking trails, parks, and all the charm of central Lakeland. Don't miss this rare opportunity to own a move-in-ready, income-producing property in one of Lakeland's most desirable locations!
#L4963551

LAKELAND

542 & 540 S CLAYTON AVENUE

6 Beds

None Baths

2,529 Sq.Ft.

$525,000

MLS#: L4963551

Located in the heart of Lakeland, FL, this fully remodeled, fully furnished multi-unit property presents an exceptional turnkey investment opportunity with strong income potential and long-term stability. The property features two separate buildings thoughtfully designed for both comfort and functionality. Building A includes a spacious 3-bedroom, 1-bath unit along with a well-appointed 1-bedroom, 1-bath apartment. Building B features two desirable 2-bedroom, 1-bath units—currently operated as a corporate rental, providing added flexibility and attractive income potential. All units have been recently renovated and come fully furnished, making them move-in or rent-ready from day one. Interior upgrades include a combination of durable vinyl/carpet flooring, convenient interior laundry hookups, and private fenced yard space—features that consistently appeal to renters. While utilities are currently included for the corporate rental in Building B, each unit is individually metered, offering the option for separate billing if desired. Each unit can easily be rented for $1,500 per month. Situated on Texas Ave, this location provides easy access to local shopping, dining, schools, and major transportation routes, all within a welcoming and established neighborhood. Whether you’re expanding your portfolio or seeking a turnkey, income-producing asset in a thriving community, this property delivers both value and opportunity. DO not Disturb tenants.
#O6420010

LAKELAND

714 TEXAS AVENUE

None Beds

None Baths

1,291 Sq.Ft.

$440,000

MLS#: O6420010

Prime investment opportunity right in the heart of Lakeland! This duplex features two exceptional units—a spacious 2-bedroom, 1-bath unit and a charming 1-bedroom, 1-bath unit—both thoughtfully updated and move-in ready. Ideally located just minutes from Florida Southern College, Lake Morton, Lake Hollingsworth, and many shopping, dining, and entertainment options, this property offers the best of Lakeland living. Downtown is less than one mile away, allowing residents and guests to enjoy popular local attractions such as First Friday events, the Saturday Farmers Market, and a vibrant downtown scene as easy as a walk, bike ride, or short drive away. Most recently operated as a successful short-term rental, both units are being sold fully furnished and completely outfitted, making this a true turnkey investment opportunity. The property is equally well-suited for long-term rental income or owner-occupancy with supplemental rental revenue. A shared backyard and common outdoor space provide a welcoming area for relaxation and entertaining, while dedicated parking is conveniently located behind the home. Each unit also includes its own storage shed equipped with a washer and dryer. Recent improvements include upgraded flooring, window treatments, appliances, beautifully renovated bathrooms, and a brand-new roof installed in 2025. Adding to the home's charm is the inviting front porch, the perfect place to unwind and enjoy Florida's beautiful weather. Whether you're looking to expand your investment portfolio or secure a owner-occupied income producing opportunity in one of Lakeland's most desirable locations, this duplex is a rare opportunity you won't want to miss.
#L4962544

LAKELAND

728 JOHNSON AVE

3 Beds

None Baths

1,536 Sq.Ft.

$425,000

MLS#: L4962544

Rare opportunity in the highly desirable Lake Morton Historic District! This charming 1925 shotgun bungalow/duplex offers the perfect blend of historic character, in-town convenience, and investment potential in one of Lakeland’s most sought-after locations. Live in one side and rent the other—Unit 833 is currently leased through 8/31/2026—making this an ideal owner-occupant, multigenerational, or income-producing opportunity. Ideally situated on a picturesque one-way brick street, this property places you just moments from Lake Morton, Lake Hollingsworth, Florida Southern College, the Lakeland Public Library, The Ashley Gibson Barnett Museum of Art, coffee shops, restaurants, boutique shopping, and all that Downtown Lakeland has to offer. Built in 1925 and offering approximately 1,764 total square feet under the roof (approximately 882 square feet per side), both units feature much of their original charm along with thoughtful updates for modern living. A welcoming rocking-chair front porch sets the tone, while inside each unit offers 2 bedrooms, 2 bathrooms, separate living areas, updated kitchens with white wood cabinetry, granite countertops, stainless steel appliance packages, stackable washers and dryers, ceramic tile flooring throughout for easy maintenance, tankless hot water heaters, and separate utility meters. Unit 835 is considered a 2-bedroom home, with one bedroom lacking a closet, while the second bedroom features a large walk-in closet, private entrance, and updated ensuite bath with walk-in shower—offering flexibility for guests, roommates, or a private home office setup. Additional updates include new A/C systems for both units, a new refrigerator and newer dishwasher in Unit 835, and a new dishwasher in Unit 833. Outdoor spaces are equally inviting, featuring a brick driveway on one side, brick walkway on the other, and a spacious rear brick terrace offering room for seating, entertaining, or open parking, plus a small storage shed and irrigation system. Whether you are looking for a historic in-town residence, investment opportunity, or flexible live/work lifestyle, this unique property delivers location, charm, and versatility. Welcome home!
#L4962243

LAKELAND

833/835 JOHNSON AVENUE 833/835

4 Beds

None Baths

1,764 Sq.Ft.

$435,000

MLS#: L4962243

Great opportunity in the desirable Lake Morton Historic District! Originally built in 1925, this charming two-story duplex blends historic character, in-town convenience, and excellent income potential in one of Lakeland’s sought-after locations. Whether you are seeking an owner-occupant opportunity, multigenerational living, or an investment property, this unique duplex offers flexibility and timeless appeal. Unit 750, located on the second floor, is currently leased, lease ends 9/30/2026. Ideally located near Lake Morton, Lake Mirror, Lake Hollingsworth, Florida Southern College, downtown Lakeland, The Ashley Gibson Barnett Museum of Art, Lakeland Public Library, coffee shops, restaurants, shopping, and more, this property places you in the heart of Lakeland’s vibrant historic district lifestyle. Offering approximately 2,224 total square feet of living area, with approximately 1,112 heated square feet per unit, each residence features private side-front and rear entrances, separate utility and water meters, tankless hot water heaters, and charming historic details paired with thoughtful updates. Unit 748 is filled with character and warmth, highlighted by a spacious 9x21 enclosed sunporch with abundant windows, A/C, and charming terracotta-style tile flooring, creating the perfect bonus living space for relaxing, reading, a home office, or entertaining. Inside, formal living and dining rooms showcase beautiful wood flooring and timeless architectural charm. The updated kitchen features white wood cabinetry, granite countertops, stainless steel appliances, and a stackable washer and dryer conveniently located within a versatile utility/mudroom offering additional storage space. The unit offers 2 bedrooms and 1 bathroom, including a generously sized bedroom with a large walk-in closet. Outside, a spacious brick terrace provides valuable off-street parking along with room to create inviting outdoor seating or entertaining areas. Whether you are looking for a historic in-town residence, investment opportunity, or flexible live/work lifestyle, this unique property delivers charm, convenience, and versatility in one of Lakeland’s most desirable historic neighborhoods.
#L4962244

LAKELAND

748 / 750 WINFREE AVENUE

4 Beds

None Baths

2,224 Sq.Ft.

$410,000

MLS#: L4962244

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
#TB8512308

LAKELAND

1134-1136 GILMORE AVENUE

6 Beds

None Baths

2,275 Sq.Ft.

$540,000

MLS#: TB8512308

TWO HOMES on almost one acre (.94)!! 3029 is a 3 Bed 2 Bath 1207 sq ft. Roof (4 years) new LVP flooring, new interior full paint, two screened lanais, fenced, living room and separate great room or office/den. Home currently rents for $1700/month. Additional home on property (3031) is a 3 Bed 1 Bath 872 sq ft with metal roof, shed, well & septic...currently rents for $1350/month...Great investment opportunity!
#TB8508047

LAKELAND

3029 SLEEPY HILL ROAD

6 Beds

None Baths

2,079 Sq.Ft.

$449,900

MLS#: TB8508047

Four income-producing units — two duplexes on one lot! A solid investment opportunity with strong rental potential. 1125 1st floor 2/1 $1150mo. Month to month lease. 1125 apt 2 (2nd floor) one bedroom $1150 mo. Lease is up August 31, 2026. The 1123 and 1121 are in the same one floor building both tenants are on month to month leases. 1123 is a one bedroom $950mo. 1121 is 2/1 $1085 mo.
#L4957142

LAKELAND

1125 W OLIVE STREET

6 Beds

None Baths

2,400 Sq.Ft.

$525,000

MLS#: L4957142

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by The Graf Group of Coldwell Banker via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by The Graf Group of Coldwell Banker via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service