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$359,900 Just Listed
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Property Description
One or more photo(s) has been virtually staged. Investor opportunity in the heart of Lakeland! This well-maintained duplex at 5637 & 5639 Cherrywood Circle offers an excellent opportunity for both seasoned investors and owner-occupants looking to generate rental income. Both units are currently vacant to offer ease of showing. Each side features 2 bedrooms, 1 bathroom, a spacious kitchen with ample cabinetry and prep space, tile flooring throughout for easy maintenance, updated lighting fixtures and ceiling fans. The updated bathrooms, fresh interior and exterior paint provide a clean, modern feel throughout both units. Situated on a large, oversized lot, the exterior offers updated landscaping, a durable metal roof, and additional storage rooms for each unit, adding extra functionality and value for tenants or owners alike. Conveniently located in Lakeland, this property provides quick access to shopping, dining, medical facilities, major roadways, and everything Central Florida has to offer. Enjoy proximity to downtown Lakeland, local parks, and nearby colleges including Florida Southern College and Southeastern University, making this an attractive location for long-term rental demand. Don't miss your chance to own an income-producing property in a growing area of Central Florida!
Full Property Details
Full Property Details for 5637 Cherry Wood Cir
General
- Price: $359,900
- Taxes: $3,640 (2025)
- Status: Active
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: L4961936
- Updated: 5/19/2026
- Added to Site: 5 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Interior Features: Ceiling Fan(s), Thermostat
- Appliances: Dishwasher, Range, Range Hood, Refrigerator
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry Closet
Exterior
- Exterior Features: Storage
Location
- Area: 33811 - Lakeland
- County: Polk
- Development Name: 33811 - Lakeland
- Subdivision: CHERRY WOODS SUB
- Driving Directions: Going South on Old Highway 37 turn right onto Cherry Lane and first left onto Cherrywood Circle- veer right and homes are on the right.
Community
- Community Name: 33811 - Lakeland
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Other
- Water: Public
- Utility Description: Electricity Connected, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Roof: Metal
- Stories/Levels: One
- Square Feet: 1,664
- Sq. Ft. Source: Public Records
- Year Built: 1984
Lot Features
- Lot Size (Acres): 0.29
- Lot Size (Sq. Ft.): 12,680
- Lot Size: 12680
- Lot Dimensions: 66 x 145
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $3,640.41
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: CHERRY WOODS SUB PB 72 PG 38 LOT 5 & A 1/14 INTEREST IN TRACT A
- Flood Zone Info: X
- APN: 232914141550000050
- Property ID: 232914141550000050
Listed by Bhhs Florida Properties Group
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Schools
Schools serving 5637 Cherry Wood Cir
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Medulla Elementary School 850 School House Road, Lakeland, FL 33813 | PK-5 | 0.4 mi |
Lakeland Highlands Middle School 740 Lake Miriam Drive, Lakeland, FL 33813 | 6-8 | 1.7 mi |
George W. Jenkins Senior High School 6000 Lakeland Highlands Road, Lakeland, FL 33813 | 9-12 | 3.3 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 5637 Cherry Wood Cir
Date
Details
Price
Change
Source
5/18/2026
Listed
$359,900
187.92%
MLS
8/02/2005
Sold
$125,000
—
Public Record
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
Tax History for 5637 Cherry Wood Cir
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,342
-25%
$236,184
26%
2024
$3,129
29%
$187,776
69%
2023
$2,427
12%
$110,973
15%
2021
$2,174
-3%
$96,167
-7%
2022
$2,235
3%
$103,014
27%
2021
$2,174
13%
$81,397
—
2019
$1,931
2%
$81,011
—
2017
$1,890
—
$81,061
3%
2017
$1,890
4%
$78,403
5%
2016
$1,812
3%
$74,691
7%
2015
$1,756
5%
$69,753
3%
2014
$1,679
-1%
$67,493
1%
2013
$1,698
—
$67,151
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5637 Cherry Wood Cir
5637 Cherry Wood Circle, Lakeland, FL 33811 (MLS# L4961936) is a Duplex property with 4 bedrooms and 0 full bathrooms. 5637 Cherry Wood Circle is currently listed for $359,900 and was received on May 18, 2026. Want to learn more about 5637 Cherry Wood Circle? Do you have questions about finding other Duplex real estate for sale in Lakeland? You can browse all Lakeland real estate or contact a Coldwell Banker agent to request more information.

