281 & 283 Leelon Road, LAKELAND, FL 33809
Active
Property Photos
Would you like to sell your home before you purchase this one?
Priced at Only: $314,900
For more Information Call:
Address: 281 & 283 Leelon Road, LAKELAND, FL 33809
Property Location and Similar Properties
- MLS#: L4959798 ( Residential Income )
- Street Address: 281 & 283 Leelon Road
- Viewed: 4
- Price: $314,900
- Price sqft: $161
- Waterfront: No
- Year Built: 1981
- Bldg sqft: 1952
- Bedrooms: 4
- Total Baths: 2
- Days On Market: 1
- Additional Information
- Geolocation: 28.1207 / -81.9511
- County: POLK
- City: LAKELAND
- Zipcode: 33809
- Subdivision: Lake Gibson Villas Ph 02
- Elementary School: Padgett Elem
- Middle School: Lake Gibson /Junio
- High School: Lake Gibson
- Provided by: KELLER WILLIAMS REALTY SMART
- Contact: Cat Calvosa
- 863-577-1234

- DMCA Notice
-
DescriptionIncome producing full duplex in the desirable Lake Gibson area of Lakeland. Located in Lake Gibson Villas Phase 2, this concrete block property was built in 1981 and offers two separate 2 bedroom, 1 bath units totaling 1,842 square feet of living space. The property has received consistent updates, helping minimize near term capital expenses. New windows and front doors were installed in April 2024, and a third nail for wind mitigation was added in June 2023. Unit 281 features a renovated kitchen with updated counters (July 2019) and new LVP flooring in the bathroom (January 2024). Unit 283 includes a newer dishwasher (July 2019) and a replaced AC unit (August 2020). One AC system has been updated; the other remains original. Both sides are currently occupied by long term tenants with rental income of $1,265 and $1,285 per month. Current rents are slightly below the area average of approximately $1,250$1,350 for comparable 2 bedroom units (buyer to verify), presenting potential upside. Situated on a 0.25 acre lot in unincorporated Polk County, the property is conveniently located near Lake Gibson, shopping, dining, and major commuter routes. Ideal for investors seeking steady cash flow or buyers looking to house hack while offsetting their mortgage. Solid block construction, practical improvements, and a proven rental layout make this a strong addition to any portfolio.
Payment Calculator
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
For a Fast & FREE Mortgage Pre-Approval
Apply Now
Apply NowFeatures
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Fence, Private Yard, Storage
- Living Area: 1842.00
- Roof: Shingle
Property Information
- Property Condition: Completed
School Information
- High School: Lake Gibson High
- Middle School: Lake Gibson Middle/Junio
- School Elementary: Padgett Elem
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Parking Features: Driveway
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Heating: Electric
- Pets Allowed: Cats OK, Dogs OK
- Sewer: Septic Tank
- Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Water Connected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2025
Rental Information
- Tenant Pays: Electricity, Water
Other Features
- Appliances: Dishwasher, Electric Water Heater, Range, Range Hood, Refrigerator
- Country: US
- Furnished: Unfurnished
- Interior Features: Thermostat
- Legal Description: LAKE GIBSON VILLAS PHASE 2 PB 71 PG 25 LOT 3
- Levels: One
- Area Major: 33809 - Lakeland / Polk City
- Occupant Type: Tenant
- Parcel Number: 24-27-19-161330-000030
- Zoning Code: R-2
Nearby Subdivisions
- Marian Casteel, BrkrAssc,REALTOR ®
- Tropic Shores Realty
- CLIENT FOCUSED! RESULTS DRIVEN! SERVICE YOU CAN COUNT ON!
- Mobile: 352.601.6367
- 352.601.6367
- mariancasteel@yahoo.com






















