216 W Belmar St., Lakeland, FL 33803

216 W Belmar St., Lakeland, FL 33803
Photo 1 of 24
$295,000
Beds Baths Sq. Ft. Taxes Built
4 0.00 1,840 $2,336 1924
On the market: 1 day

Est. Monthly Payment:

$1,961($1,766 + $195 taxes*)

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APPROVED
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PROBATE SALE. Location, location, location! This Dixieland Historic Duplex is about 4 Blocks from Lake Hollingsworth and steps to Dixieland, Nightlife, Restaurants, and Shopping. Downtown Lakeland and Bonnet Springs Park are just minutes away. The Estate has had an Appraisal, Home inspection, and 4 Point done and are available for your review. Ask your Realtor. The property is listed at the recent appraisal price. From the Appraisal: "No functional or external obsolescence noted. Subject has received adequate maintenance, the subject is in average/good condition, upgrades include, unit 218 full kitchen was updated in 2024, unit 216 AC was updated in 2025". The home inspection noted that the roof is at end of life and has two layers of shingles. Sellers can do no repairs Insurance may be limited to a "Remodelers Policy". Unit 216 is now vacant and available for showings. 218 is Tenant occupied and may viewed during the inspection period with an accepted offer. Unit 218 is currently paying $1,000/mo and the lease ends June 30, 2026 however the tenant is interested in staying even with a reasonable rent increase. Each unit has a driveway in front for 2 vehicles. Both units have indoor Washer/Dryer Hookups. There is a rear alley that provides access to additional guest parking. This is a rare opportunity to bring your vision to this multifamily property in an amazing prime location. Check with the City of Lakeland to see if you could add a garage with apartment above for extra income in the rear. FOR OFFERS - Please submit highest and best with the following terms: Seller is only considering Cash or Hard Money Offers. Please allow 2-3 Days for Response. Do your due diligence before submitting offer. No sight unseen offers. 7 day inspection maximum. Please provide verifiable POF for cash offers or Letter of Credit if Hard Money. Minimum 5% Escrow Deposit is due within 48 hours of acceptance. Escrow deposits are non refundable after inspection period. No hard money finance contingencies. 30 days or sooner for closing. Proof of funds subject to verification. Please review the appraisal and home inspection when making you offer. Seller is realistic about the condition of the property. Seller has limited information on the condition of the property and has never occupied it. NO SELLER FINANCING OR ASSIGNABLE CONTRACTS. All information provided in this listing and dimensions are believed to be correct. Buyer or Buyer's Agent to verify. Sold As-Is
Listing courtesy of Steven Burnett, NUGGET REALTY