4 Beds
2 Baths
1,378 SqFt
4 Beds
2 Baths
1,378 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,378 sqft
Price per Sqft $199
Subdivision Swannanoa
MLS Listing ID S5131765
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1951
Annual Tax Amount $7,228
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
The main residence is a cozy 3-bedroom, 1-bathroom haven with 948 square feet of modern updates, including sleek vinyl plank flooring, central air conditioning and heating, and a functional kitchen equipped with a cooktop, refrigerator, and more. Enjoy the convenience of an in-home laundry with washer and dryer, plus an open layout perfect for everyday living. But the real value lies in the detached Accessory Dwelling Unit (ADU)—a fully independent 1-bedroom, 1-bathroom guest suite with its own kitchen and 320 square feet of space. This versatile ADU opens up excellent passive income opportunities: rent it out long-term for steady monthly cash flow (estimated at $800–$1,200/month based on local market rates), use it for short-term rentals via platforms like Airbnb to capitalize on Lakeland's growing tourism, or even rent both the main house and ADU separately for maximized revenue potential—potentially generating over $3,000 in combined monthly income while covering your mortgage and building equity.
Outside, the low-maintenance stucco exterior and shingle roof ensure durability, while the fully fenced yard provides privacy for pets, gardening, or relaxation, complete with a lush garden area and handy storage shed. Park with ease under the covered carport for up to 4 vehicles. With NO HOA FEES restricting your options, you'll have full flexibility to implement your rental strategy. Conveniently located near US-98 and I-4, this property offers quick access to shopping, dining, and entertainment, enhancing its appeal to tenants and owners alike.
Offered vacant and as-is, this turnkey opportunity is ready for immediate occupancy or income generation. Don't miss out—schedule a showing today and start building your passive income portfolio!
Location
State FL
County Polk
Community Swannanoa
Area 33805 - Lakeland / Gibsonia
Interior
Interior Features Ceiling Fans(s), Thermostat
Heating Central
Cooling Central Air
Flooring Vinyl
Furnishings Unfurnished
Fireplace false
Appliance Cooktop, Dryer, Range, Refrigerator, Washer
Laundry Laundry Room, Outside
Exterior
Exterior Feature Garden, Private Mailbox, Storage
Parking Features Covered
Fence Fenced
Utilities Available BB/HS Internet Available, Cable Available, Electricity Available, Water Available
Roof Type Shingle
Porch Covered
Garage false
Private Pool No
Building
Entry Level Multi/Split
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Stucco
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan
Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan
Special Listing Condition None
Virtual Tour https://listings.realbird.com/tour/J3J6N8B3/641996/1-2/123-Tarawa-ST-Lakeland-FL-33805
If you have been thinking about selling your home, or are looking to buy your dream home, Lana welcomes the opportunity to meet you!! Feel free to reach out to me so we can discuss your real estate needs.