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$1,390,000
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Property Description
Presenting a prime multifamily apartment investment opportunity in the Lake Morton Historic District! This exquisite 12-unit apartment building has been fully renovated in the North Building and partially remodeled in the South Building. As a contributing property in the district, its Mediterranean Revival architecture is both captivating and historically significant. The building beautifully blends classic charm with modern updates, having been thoughtfully restored to preserve its historical character while incorporating contemporary amenities. Each unit is fully renovated, featuring brand-new appliances and updated fixtures, offering tenants a comfortable, modern living experience. Additional amenities include an on-site laundry facility for tenant convenience and a spacious courtyard where residents can relax and enjoy Florida's wonderful climate. This is a rare opportunity to own a beautifully restored historic building in the heart of Lakeland. Don't miss the chance to add this exceptional multifamily property to your investment portfolio!
Full Property Details
Full Property Details for 915 E Palmetto St
General
- Price: $1,390,000
- Taxes: $5,845 (2024)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: L4950069
- Updated: 4/10/2026
- Added to Site: 492 day(s) ago
Location
- Area: 33801 - Lakeland
- County: Polk
- Development Name: 33801 - Lakeland
- Subdivision: WINFREE SUB
- Driving Directions: : Turn east on palmetto st, south on Winfree, property is on the right.
Community
- Community Name: 33801 - Lakeland
Heating & Cooling
- Cooling Type: Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
- Heating Type: Central, Wall Units / Window Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Water Connected
Structural Information
- # Buildings: 2
- Exterior Const.: Wood Frame
- Roof: Membrane
- Square Feet: 8,348
- Sq. Ft. Source: Public Records
- Year Built: 1926
Lot Features
- Lot Size (Acres): 0.45
- Lot Size (Sq. Ft.): 19,497
- Lot Size: 19497
- Frontage: City Street
- Street/Road Desc.: Asphalt, Brick
Financial Considerations
- Tax Amount: $5,845.8
- Tax Year: 2024
Disclosures and Reports
- Ownership: Other
- Special Conditions: None
- Legal Description: WINFREE SUB PB 6 PG 31 BLK B LOTS 1 TO 3
- Flood Zone Info: X
- APN: 242819215500002010
- Property ID: 242819215500002010
- Block/Lot/Section: B
Listed by Keller Williams Realty Smart
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Schools
Schools serving 915 E Palmetto St
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Philip O'brien Elementary School 1225 East Lime Street, Lakeland, FL 33801 | PK-5 | 0.5 mi |
Crystal Lake Middle School 2410 North Crystal Lake Drive, Lakeland, FL 33801 | 6-8 | 2.2 mi |
Lakeland Senior High School 726 Hollingsworth Road, Lakeland, FL 33801 | 9-12 | 0.6 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 915 E Palmetto St
Date
Details
Price
Change
Source
6/03/2025
Price Reduced
$1,390,000
-4.07%
MLS
4/22/2025
Price Reduced
$1,449,000
-3.34%
MLS
1/16/2025
Listed
$1,499,000
647.63%
MLS
10/24/2014
Sold
$200,500
—
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 915 E Palmetto St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,846
—
$275,765
-45%
2024
$5,846
18%
$505,803
33%
2023
$4,951
40%
$380,463
104%
2021
$3,528
-24%
$186,507
-48%
2022
$4,616
31%
$358,617
87%
2021
$3,528
-28%
$191,889
-23%
2019
$4,885
-1%
$250,702
-1%
2017
$4,943
—
$253,508
1%
2017
$4,943
172%
$251,259
177%
2016
$1,814
3%
$90,839
5%
2015
$1,754
5%
$86,240
1%
2014
$1,666
-2%
$85,004
—
2013
$1,698
—
$85,087
—
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 915 E Palmetto St
915 E Palmetto Street, Lakeland, FL 33801 (MLS# L4950069) is a Commercial property. 915 E Palmetto Street is currently listed for $1,390,000 and was received on January 16, 2025. Want to learn more about 915 E Palmetto Street? Do you have questions about finding other Commercial real estate for sale in Lakeland? You can browse all Lakeland real estate or contact a Coldwell Banker agent to request more information.

