For SaleRisky Deal70 days on market
1231 NEWPORT AVENUE
1231 NEWPORT AVENUE, LAKELAND, FL 33801, Lakeland, FL 33801
$390,000
Listing Price
1231 NEWPORT AVENUE, LAKELAND, FL 33801
Loc: Lakeland, FL
Days Listed
70
Tax Assessed
$343k
Lot Size
0.33 acres
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.
1
Philip O'Brien Elementary School
PK-5
1 mi away
4
Southwest Middle School
6-8
2 mi away
5
Lakeland Senior High School
9-12
0.6 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
ranch stylesingle storysuburbanpalm treeslandscaped lawnconcrete walkwayresidentialmid-century influencesingle family homeexterior lightinglow profile rooflinespacious front yardsunny atmosphere
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.93%
Total ROI
87.7%
Cash Flow
$-96/mo
DSCR
0.95
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-96/mo net cash flow with a 5.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.9%)
- • Strong rental demand in Lakeland
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 |
|---|---|---|---|
| 2026-09-23 | Price change | $390,000 | $153 |
| 2026-09-07 | Price change | $400,000 | $157 |
| 2026-08-25 | Price change | $425,000 | $167 |
| 2026-07-15 | Listed for sale | $450,000 | $177 |
| 2026-06-09 | Listing removed | $450,000 | $177 |
| 2026-04-08 | Price change | $450,000 | $177 |
| 2026-02-11 | Listed for sale | $475,000 | $187 |
| 2011-08-24 | Listing removed | $240,000 | $94 |
| 2011-02-24 | Listed for sale | $240,000 | $94 |
| 2010-11-07 | Listing removed | $240,000 | $94 |
| 2010-07-29 | Listed for sale | $240,000 | $94 |
| 2008-04-16 | Sold | $180,000 | $71 |
| 2005-08-24 | Sold | $210,000 | $83 |
| 2003-10-03 | Sold | $162,000 | $64 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,844.79 | $145,439 |
| 2024 | $1,781.45 | $141,340 |
| 2023 | $1,725.25 | $137,223 |
| 2022 | $1,666.78 | $133,226 |
| 2021 | $1,646.45 | $129,346 |
| 2020 | $1,627.08 | $127,560 |
| 2019 | $1,607.68 | $124,692 |
| 2018 | $1,607.68 | $122,367 |
| 2017 | $1,579.53 | $119,850 |
| 2016 | $1,515.91 | $117,385 |
| 2015 | $1,532.99 | $116,569 |
| 2014 | $1,408.44 | $115,644 |
| 2013 | $1,464.81 | $113,935 |
| 2012 | $1,438.19 | $112,030 |
| 2011 | $1,537.48 | $118,682 |
| 2010 | $2,386.9 | $159,623 |
| 2009 | $3,028.97 | $190,031 |
| 2008 | $4,238.68 | $223,407 |
| 2006 | $4,408.66 | $0 |
| 2004 | $2,123.62 | $0 |
| 2003 | $1,648.86 | $105,178 |
| 2002 | $1,537.19 | $100,306 |
| 2001 | $1,504.72 | $98,726 |
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