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$229,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1,146 Sq. Ft.
  • Updated 8 hours ago
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Producing 3 bed / 2 bath home in central Lakeland's Combee Settlement area, currently leased through 07/31/2026 at $1,905/month. Built 1958, 1,146 sqft. The 3/2 configuration is the gold standard in single-family rental, commanding top-of-market rent and longer average tenancy. List $229,900 / estimated ARV $275,000, providing strong equity-capture margin. Lease expiration aligns with peak Florida leasing season for an ideal renewal or rent-reset window. Lakeland sits dead center in the I-4 growth corridor between Tampa and Orlando, one of Florida's strongest appreciation paths. Photo disclosure: Listing photos were taken prior to current tenant occupancy and may not reflect the property's present condition. Showings by appointment with required notice to tenant. Buyer and buyer's agent to verify all material facts. Sellers have never occupied this property.

Full Property Details for 1235 Morgan Dr

General

  • Price: $229,900
  • Taxes: $2,814 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8501961
  • Updated: Today (5/2/2026)
  • Added to Site: Today

Rental Information

  • Min. Lease: No Minimum

Interior

  • Number of Rooms: 3
  • Interior Features: Ninguno
  • Appliances: None
  • Furnishings: Negotiable
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Electric Dryer Hookup, Washer Hookup

Exterior

  • Exterior Features: Other

Location

  • Area: 33801 - Lakeland
  • County: Polk
  • Development Name: 33801 - Lakeland
  • Subdivision: WOODLAND ESTATES
  • Driving Directions: From I-4, take Exit 32 toward US-98. Head south on US-98, turn left onto E Memorial Blvd, then left onto N Combee Rd. Turn right onto Morgan Dr — property will be on your right.
  • Direction Faces: East

Community

  • Community Name: 33801 - Lakeland

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Electric

Utilities

  • Sewer: Other
  • Water: None
  • Utility Description: Public

Structural Information

  • Exterior Const.: Block
  • Roof: Shingle
  • Stories/Levels: One
  • Square Feet: 1,146
  • Sq. Ft. Source: Public Records
  • Year Built: 1958

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Size (Sq. Ft.): 7,379
  • Lot Size: 7379
  • Lot Dimensions: 68 x 108
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $2,814.58
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: WOODLAND ESTATES PB 39 PG 29 BLK D LOT 7
  • Flood Zone Info: X
  • APN: 242810177600004070
  • Property ID: 242810177600004070
  • Block/Lot/Section: D

Listed by Graystone Real Estate

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Listing agent

— 1235 Morgan Dr —

  • Graystone Real Estate

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1235 Morgan Dr

School District:Polk County School District
NameGradesDistance
Philip O'brien Elementary School
1225 East Lime Street, Lakeland, FL 33801
PK-52.6 mi
Crystal Lake Middle School
2410 North Crystal Lake Drive, Lakeland, FL 33801
6-82.1 mi
Tenoroc High School
4905 Saddle Creek Road, Lakeland, FL 33801
9-122.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1235 Morgan Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/02/2026
Listed
$229,900
108.44%
MLS
6/22/2021
Sold
$110,296
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1235 Morgan Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,793
—
$152,990
-5%
2024
$2,793
10%
$160,625
7%
2023
$2,538
45%
$150,414
36%
2021
$1,752
-27%
$110,803
-21%
2022
$2,401
37%
$140,979
44%
2021
$1,752
23%
$97,708
56%
2019
$1,419
22%
$62,517
10%
2017
$1,165
—
$56,834
10%
2017
$1,165
13%
$51,667
3%
2016
$1,033
4%
$50,346
37%
2015
$995
18%
$36,640
10%
2014
$844
2%
$33,309
6%
2013
$825
—
$31,419
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Graystone Real Estate

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1235 Morgan Drive, Lakeland, FL 33801 (MLS# TB8501961) is a Single Family property with 4 bedrooms and 2 full bathrooms. 1235 Morgan Drive is currently listed for $229,900 and was received on May 02, 2026. Want to learn more about 1235 Morgan Drive? Do you have questions about finding other Single Family real estate for sale in Lakeland? You can browse all Lakeland real estate or contact a Coldwell Banker agent to request more information.

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