For SaleRisky Deal12 days on market
1612 MARTIN LUTHER KING JR AVENUE
1612 MARTIN LUTHER KING JR AVENUE, LAKELAND, FL 33805, Lakeland, FL 33805
$279,999
Estimate®:$277,000
Listing Price
1612 MARTIN LUTHER KING JR AVENUE, LAKELAND, FL 33805
Loc: Lakeland, FL
Days Listed
12
Estimate®
$277k
Market Rate
Lot Size
9,583 sqft
Rent Estimate
$2,024/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
3
Wendell Watson Elementary School
PK-5
5 mi away
2
Lake Gibson Middle School
6-8
4.5 mi away
3
Lake Gibson Senior High School
PK,9-12
4.7 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
split-level houseranch-style housepainted brickwhite exteriorasphalt shingle rooflandscaped lawnlarge windowssuburbanresidentialmature treeswell-maintainedpicket fencemodern aesthetic
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.06%
Total ROI
68.8%
Cash Flow
$-273/mo
DSCR
0.81
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-273/mo net cash flow with a 5.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Lakeland, FL
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-11 | Listed for sale | $279,999 | $131 |
| 2014-03-26 | Listing removed | $117,000 | $55 |
| 2013-03-28 | Listed for sale | $117,000 | $55 |
Similar Properties Nearby
Explore other investment opportunities in Lakeland.