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$279,900

1047 / 1049 CAPTIVA POINT, LAKELAND, FL 33801

Active175 days on market

Beds

4

Baths

4

Sq Ft

2,278 sq ft

Year Built

1979

Lot Size

0.36 acres

Garage

—

About This Property

Lake View Investor Special – Full Rehab Opportunity! Duplex property (both sides) ready for renovation and priced accordingly. This is a true value-add opportunity for investors looking to bring a property back to life and maximize rental income or resale potential. Property is vacant and will require a full renovation, making it ideal for experienced investors or contractors seeking their next project. Strong rental demand in the area supports long-term income potential once improvements are completed. Conveniently located near shopping, dining, and major roadways, with easy access to downtown Lakeland. Bring your vision and unlock the potential this property has to offer.

Property Overview

Property TypeResidential Income
Sub TypeDuplex
MLS #L4961126
StatusActive
Year Built1979
ConstructionBlock, Concrete
RoofShingle
FoundationSlab
SubdivisionSECRET COVE SUB
CountyPolk
OwnershipFee Simple

Interior Features

InteriorOther
AppliancesRange
LaundryOther
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorLighting
Lot Size0.36 acres (15,851 sq ft)
Road SurfacePaved
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesBB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Sewer Available, Underground Utilities, Water Available

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$279,900
Original Price$303,900
Annual Taxes$4,007 (2025)
FinancingCash, Conventional
ZoningRES
Parcel #242822000000021096

Schools

ElementaryClarence Boswell Elem
MiddleCrystal Lake Middle/Jun
HighTenoroc Senior

Directions

From Highway 92 (Memorial Blvd): Head south on Reynolds Road. Turn right (west) onto Ned Engle Boulevard near the Food Mart. Turn right onto Pirates Way. Turn left onto Buccaneer Drive, proceed onto Captiva Point, the property is on the left.

Location

1047 / 1049 CAPTIVA POINT, LAKELAND, FL 33801

Listing Information

OfficeEXP REALTY LLC
ListedApril 17, 2026

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Home Price

$279,900

20% ($55,980)
6.75%

Loan Term

Principal & Interest$1,452
Property Tax (est.)$257
Insurance (est.)$150
Total Monthly$1,859
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $279,900 home in LAKELAND.

🏦

Conventional

$13,995 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Polk County SHIP

Varies

Income-qualifying Polk residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: October 9, 2026.

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