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123 Tarawa Street, Lakeland, FL

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$274,999

($200/sqft)

List Status: Active
123 Tarawa Street
Lakeland, FL 33805


4 beds
2 baths
1378 living sqft
Top Features
  • Subdivision: Swannanoa
  • Built in  1951
  • Single Family Residence
Description
Property Details
Additional Information
Additional Parcels YN
false
Appliances
Cooktop, Dryer, Range, Refrigerator, Washer
Association YN
false
Available For Lease YN
1
Bathrooms Total Integer
2
Building Area Source
Public Records
Building Area Total
1378
Building Area Total Srch SqM
128.02
Building Area Units
Square Feet
Calculated List Price By Calculated SqFt
199.56
Carport Spaces
4
Carport YN
true
Construction Materials
Stucco
Cooling
Central Air
Country
US
Cumulative Days On Market
117
Current Price
274999.00
Direction Faces
North
Exterior Features
Garden, Private Mailbox, Storage
Fencing
Fenced
Fireplace YN
false
Flood Zone Code
x
Flooring
Vinyl
Foundation Details
Slab
Furnished
Unfurnished
Garage YN
false
Heating
Central
Homestead YN
1
Interior Features
Ceiling Fans(s), Thermostat
Internet Address Display YN
true
Internet Automated Valuation Display YN
true
Internet Consumer Comment YN
true
Internet Entire Listing Display YN
true
Laundry Features
Laundry Room, Outside
Levels
Multi/Split
List AOR
Osceola
Living Area Meters
128.02
Living Area Source
Public Records
Living Area Units
Square Feet
Lot Size Acres
0.18
Lot Size Square Feet
7919
Lot Size Square Meters
736
Minimum Lease
No Minimum
Modification Timestamp
2025-11-25T00:18:08.898Z
New Construction YN
false
Occupant Type
Vacant
Other Structures
Guest House
Ownership
Fee Simple
Parcel Number
24-28-06-165300-003050
Patio And Porch Features
Covered
Pool Private YN
false
Previous List Price
275000
Price Change Timestamp
2025-11-25T00:18:00.000Z
Property Attached YN
true
Public Remarks
Charming Remodeled Home with Strong Income Potential in Lakeland! Unlock the perfect blend of comfortable living and smart investment at 123 Tarawa St, Lakeland—a beautifully updated 4-bedroom, 2-bathroom property spanning 1, 378 square feet of heated living space on a generous 0.18-acre lot in the desirable Lakeview Village subdivision. Priced at $274, 999, this home offers an attractive income approach, making it ideal for homeowners seeking passive revenue streams or investors looking to maximize returns. The main residence is a cozy 3-bedroom, 1-bathroom haven with 948 square feet of modern updates, including sleek vinyl plank flooring, central air conditioning and heating, and a functional kitchen equipped with a cooktop, refrigerator, and more. Enjoy the convenience of an in-home laundry with washer and dryer, plus an open layout perfect for everyday living. But the real value lies in the detached Accessory Dwelling Unit (ADU)—a fully independent 1-bedroom, 1-bathroom guest suite with its own kitchen and 320 square feet of space. This versatile ADU opens up excellent passive income opportunities: rent it out long-term for steady monthly cash flow (estimated at $800–$1, 200/month based on local market rates), use it for short-term rentals via platforms like Airbnb to capitalize on Lakeland's growing tourism, or even rent both the main house and ADU separately for maximized revenue potential—potentially generating over $3, 000 in combined monthly income while covering your mortgage and building equity. Outside, the low-maintenance stucco exterior and shingle roof ensure durability, while the fully fenced yard provides privacy for pets, gardening, or relaxation, complete with a lush garden area and handy storage shed. Park with ease under the covered carport for up to 4 vehicles. With NO HOA FEES restricting your options, you'll have full flexibility to implement your rental strategy. Conveniently located near US-98 and I-4, this property offers quick access to shopping, dining, and entertainment, enhancing its appeal to tenants and owners alike. Offered vacant and as-is, this turnkey opportunity is ready for immediate occupancy or income generation. Don't miss out—schedule a showing today and start building your passive income portfolio!
Public Survey Range
06
Public Survey Section
28
RATIO Current Price By Calculated SqFt
199.56
Realtor Info
As-Is
Road Surface Type
Asphalt
Roof
Shingle
Room Count
7
Senior Community YN
false
Sewer
Public Sewer
Showing Requirements
Lockbox
Spa YN
false
Status Change Timestamp
2025-07-30T20:19:56.000Z
Tax Annual Amount
7228
Tax Book Number
34-27
Tax Legal Description
LAKEVIEW VILLAGE PB 34 PG 27 BLK 3 LOT 5
Tax Year
2024
Total Acreage
0 to less than 1/4
Total Annual Fees
0.00
Total Monthly Fees
0.00
Township
24
Universal Property Id
US-12105-N-242806165300003050-R-N
Unparsed Address
123 TARAWA ST
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Water Available
Water Source
Public
Waterfront YN
false
Window Features
Blinds, Insulated Windows
Neighborhood Map
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MLS #MFRS5131765 Listing courtesy of Xl Realty, Llc provided by Stellar MLS.

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All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer 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. The source of the listing data is as follows: Stellar MLS (updated 12/16/25 6:30 AM) |

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