Video tour
$10,000 Closing Credit¹
#L4950784, Solomon Gallant, Listing Office: S & D REAL ESTATE SERVICE LLC
$900,000 List price
5345 Drane Field Rd Lakeland, FL 33811
$10,000
Closing credit¹
0 beds
1,800 sqft
0.3 acres
$500 / sqft
Multi-Family
Property details
About 5345 Drane Field Rd
Incredible Investment Opportunity! This unique property features three duplexes being sold as a bundle, offering a total of six income-generating units. Whether you’re an experienced investor or just starting to build your portfolio, this multi-unit property provides excellent rental potential. Each unit is well-maintained, ensuring steady cash flow with long-term tenants or short-term rental possibilities. Conveniently located in a high-demand rental area, this property is close to shopping, dining, and major highways, making it attractive to tenants. Don’t miss out on this rare chance to own a turnkey investment with immediate income potential!
Highlights
Home typeDuplex
HeatingHeat Pump
StatusActive
CoolingCentral Air
Size1,800 sqft
Lot size0.28 Acres
Year built1980
MLS #L4950961
Virtual tour
Summary
- MLS Number: L4950961
- MLS Name: MFRMLS
- Office Name: S & D REAL ESTATE SERVICE LLC
- Office Phone: (863) 824-7169
- Listing Agent: Solomon Gallant
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 11:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$900,000
5345 Drane Field Rd
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 12, 2023 | Home Sold | $455,000 |
| Apr 12, 2023 | Home Sold | $425,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $108,903 | $2,074 |
| 2022 | $101,915 | $1,936 |
| 2021 | $94,283 | $1,936 |
| 2020 | $68,683 | $1,704 |
| 2018 | $71,963 | $1,653 |
| 2017 | $69,910 | $1,653 |
History based on county public records data.
Nearby schools
4
Springhead Elementary School
Public District KG-5
1.8 mi
•3208 Nesmith Rd
5
R. Bruce Wagner Elementary School
Public District PK-5
3.5 mi
•5500 Yates Rd
5
Lincoln Elementary Magnet School
Public Magnet PK-5
3.7 mi
•1207 E Renfro St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $63,295. The most common annual income of people living in Lakeland, FL is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
30%
<35k
39%
35k-100k
31%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
42%
Single, No Kids
10%
Single, with Kids
36%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
5%
12-17 yrs old
18%
18-34 yrs old
45%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Figure Skating
NASCAR
Where do the neighbors shop?
Stein Mart
Kmart
Dick's Sporting Goods
Where do the neighbors go to eat?
Bob Evans
Arbys
Jimmy Johns
What do the neighbors drive?
Lincoln
Buick
GMC
What do the neighbors listen to?
News/Talk/Information
Oldies
Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Lakeland, FL
About 5345 Drane Field Rd
This home is located at 5345 Drane Field Rd in Lakeland, FL and zip code 33811. This 1,800 square foot home, which was built in 1980, sits on a 0.28 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since February 21, 2025 and is currently priced at $900,000.
Lakeland, FL housing market in February 2025 saw over 30 listings sold above listed price, more than 37 sold at listed price and over 97 sold below. In February 2025 in Lakeland, FL there were 11.1% more homes for sale than in January. Listings spent 78 days on the market in February 2025, and had a median list price of $323,974 during the same period.
From Rocket Homes Real Estate and based on county public records data.