$825,000

701 E Lime St Lakeland, FL 33801

$9,797
Closing credit¹
6 beds
6 baths
5,060 sqft
0.2 acres
$163 / sqft
Multi-Family

Property details

About 701 E Lime St

This is a six unit property built in 1925 as an apartment building, located just a few blocks from downtown Lakeland, Lake Morton, and Lake Mirror. This is NOT a house converted into apartments. The buildings are wood frame with a shingled roof. A new roof installed on the main building in 2025. The other building roof in 2003. There was Termite treatment/tenting of both buildings in 2024. There are 4 one bedroom / one bath units fronting at the SE corner of Lime Street and Indiana Avenue in a two story building and two one bedroom / one bath units over the carport building located directly on Indiana Avenue South. The larger Lime Street building has four 1,000 square foot units, each with one bedroom, one bathroom (with tub), full kitchen, separate living room, separate dining room, and large enclosed porch. There are two units on each floor. There is an entrance on the front (Lime St) and rear of the building. All these units have central A/C The smaller 2 unit building (Indiana Ave) each have a full kitchen, combined living/dining room area, one bedroom and a full bath. These units have window unit A/C. There is a private, screened-in covered patio/porch for each unit. There are separate staircases leading up to each of these units. All Tenant mailboxes are located under the stairs of unit 412. There are coin operated laundry machines located in the rear of this building, for all tenants use. All units have a Refrigerator and Stove. Units 1, 3, 4 and 414 have instant hot water heaters. Units 2 and 412 have a standard hot water tank/heater. Hardwood flooring throughout with ceramic tile in the kitchens and bathrooms. Units 1 & 4 have granite countertops in the kitchens. Carport parking (4 bays) is on Indiana Ave under the 2 units building and other parking is on site. City Water and sewer is paid by the owner. Cable is paid by the tenant

Highlights

Home typeMulti Family
HeatingCentral, Electric, Heat Pump, Ductless
StatusActive
CoolingCentral Air, Wall/Window Unit(s)
Size5,060 sqft
Lot size0.18 Acres
Year built1927
MLS #L4953575
ViewCity

Summary

  • Appliances: Electric Water Heater, Range, Range Hood, Refrigerator, Tankless Water Heater
  • Flooring Type: Ceramic Tile, Wood
  • Interior: Ceiling Fans(s)
  • Total Bedroom Count: 6
  • Private Pool: No
  • View: City
  • Exterior: Balcony
  • Heating: Central, Electric, Heat Pump, Ductless
  • Cooling: Central Air, Wall/Window Unit(s)
  • List Price: $825,000
  • Price/SqFt: $163
  • HOA Amount: $0
  • Annual Tax Amount: $3,217
  • Tax Year: 2023
  • Lot: Corner Lot, Historic, City Lot, Paved
  • Directions: In Lakeland take South Florida Avenue to Lime Street. Turn east on Lime St to Indiana Ave. Property is located on the SE corner. Indiana Ave is a one way street - you cannot turn onto it.
  • Year Built: 1927
  • Living Area: 5,060 SqFt
  • Lot Size: 0.18 Acres
  • MLS Number: L4953575
  • MLS Name: MFRMLS
  • Office Name: REMAX EXPERTS
  • Office Phone: (863) 802-5262
  • Listing Agent: Tony Fridovich

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Last updated on: 6/13/2025, 7:34:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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701 E Lime St, Lakeland, FL 33801 - view of front of property

$825,000

701 E Lime St

$9,797

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 04, 2001
Home Sold
$150,000

Tax history

YearAssessmentProperty Tax
2023$262,364$3,217
2022$239,174$2,958
2021$224,475$2,958
2020$105,393$2,124
2018$107,897$2,122
2017$104,921$2,064

History based on county public records data.

Nearby schools

6

Lakeland Montessori School House

Public Charter KG-6

0.2 mi

1124 N Lake Parker Ave

9

McKeel Elementary Academy

Public Charter PK-6

0.6 mi

411 N Florida Ave

1

Philip O'Brien Elementary School

Public District PK-5

0.7 mi

1225 E Lime St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $46,602. Residents of Lakeland, FL typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

41%
<35k
51%
35k-100k
9%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

70%
Single, No Kids
12%
Single, with Kids
13%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
4%
12-17 yrs old
32%
18-34 yrs old
43%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Pro BoxingPro Boxing
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Forever 21Forever 21
  • BurlingtonBurlington
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • PopeyesPopeyes
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • MazdaMazda
  • DodgeDodge
  • CadillacCadillac

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • JazzJazz
All data provided by Home Junction and Claritas

Frequently asked questions

About 701 E Lime St

The listing price of 701 E Lime St property is $825,000.

The property 701 E Lime St is a multi located in Lakeland, Florida, 33801.

Active Listing: 701 E Lime St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 701 E Lime St are: Lakeland Montessori School House (GreatSchools Rating 6/10), McKeel Elementary Academy (GreatSchools Rating 9/10), Philip O'Brien Elementary School (GreatSchools Rating 1/10), Lawton Chiles Middle Academy (GreatSchools Rating 6/10), Rosabelle W. Blake Academy (GreatSchools Rating 2/10), Rochelle School of the Arts (GreatSchools Rating 7/10), Lakeland Senior High School (GreatSchools Rating 5/10), McKeel Academy of Technology (GreatSchools Rating 9/10), Polk Grad Academy (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $3,217 (source: MLS/based on county public records data).

The last sale was on January 4, 2001 for $150,000 (source: MLS/tax record).

The property 701 E Lime St is 5,060 SqFt (source: MLS/tax record).

The year of construction for 701 E Lime St is 1927.

This home is located at 701 E Lime St in Lakeland, FL and zip code 33801 in the East Lake Morton neighborhood. This 5,060 square foot home, which was built in 1927, sits on a 0.18 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since June 7, 2025 and is currently priced at $825,000.

In May 2025 more than 39 listings in Lakeland, FL were sold above the asking price. During the same period more than 64 listings were sold at asking price, while more than 152 were sold below. The inventory of homes for sale in Lakeland, FL between April and May 2025 increased by 1.2%. In May 2025 median list price was $324,997 and the average listing age was 55 days.

From Rocket Homes Real Estate and based on county public records data.

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