1718 LAVON ST, Lakeland, FL 33805

About This Property

Two units. Two income streams. Zero downtime. Welcome to 1718 Lavon Street, a fully renovated 1940 bungalow tucked beneath mature live oaks in Lakeland’s growing Midtown district. Rich with historic charm and thoughtfully updated, this property blends timeless character with immediate income-producing potential. Inside the main residence, the original wood-burning fireplace anchors the living space while modern finishes create a clean, updated feel throughout. The kitchen features white shaker cabinetry, new countertops, stainless steel appliances, matte black fixtures, and vinyl plank flooring. The renovated bath showcases large-format tile and a wood-tone vanity. The flexible layout includes two rooms plus a bonus room with interior laundry, covered carport access, and a large fully fenced backyard. What truly sets this property apart is its proven dual-income opportunity. The primary home currently operates as a successful short-term rental with average gross earnings of $24,673 over 11 months ($2,243/month average). The detached 1-bedroom guest house, built in 2020, is separately leased for $750/month with an active tenant already in place. Both units occupied at time of listing. Sold fully furnished with transferable Airbnb listing and future bookings, this is a rare turnkey opportunity with no ramp-up period, furnishing expense, or vacancy gap to absorb. Income begins immediately. Located in the City of Lakeland Midtown CRA, just minutes from Lakeland Regional Health, Joker Marchant Stadium, downtown Lakeland, dining, shopping, and entertainment. Convenient access to I-4 places the property centrally between Tampa and Orlando, making it attractive for commuters, travelers, and short-term rental demand alike. Lakeland’s continued growth and central Florida location make this an excellent opportunity for investors and owner-occupants alike.

Facts & Features

Rooms

Room types: Primary Bedroom, Bedroom 2, Bonus Room, Bathroom 1, Kitchen, Living Room

Schools

Price History

Listed by FIRST ADVISORY REAL ESTATE LLC · MLS# L4961574