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$1,750,000
Westgate Sub SubDv. ⋅ 33815 Zip Code
Rare infill redevelopment opportunity in Lakeland comprising an approximately 9.1-acre PUD development area, including five fee-simple parcels totaling approximately 8.15 gross acres plus the benefit of an approximately 1-acre easement area. The MLS acreage reflects the overall approximately 9.1-acre PUD/development area, including all five parcels and the easement benefit. Significant entitlement work has already been completed. City of Lakeland Ordinance 5946 established PUD (Planned Unit Development) zoning on the approximately 9.1-acre PUD area for multifamily residential development with a maximum of 96 dwelling units, subject to the conditions of the ordinance and subsequent development approvals. Ordinance 5945 also changed the Future Land Use designation on approximately 0.9 acres from Business Park to Residential Medium. The assemblage includes an existing approximately 1,472-SF improvement at 1506 Olive Street. Seller advises that the PUD framework includes the benefit of the approximately 1-acre easement area. The exact nature, location, scope, use rights and transferability of the easement are subject to recorded documents, survey and title review. Buyer should independently verify acreage, parcel boundaries, easement rights, zoning, density, development rights, approvals, utilities, access and all governmental requirements. Seller reports substantial due-diligence and pre-development work has been completed or assembled, including boundary and topographic surveys, tree survey, geotechnical investigation and soil borings, Phase I and Phase II environmental assessments, civil engineering, utility coordination and identified tie-in points, easement mapping and conceptual site planning. Additional market, development and construction-cost materials are also available for review by qualified buyers. Seller represents that the property is located within a Qualified Opportunity Zone and has also identified potential Qualified Census Tract (QCT) and Targeted Employment Area (TEA) status, together with potential workforce-housing and impact-fee benefits for qualifying development. All designations, tax treatment, financing programs, incentives and eligibility requirements should be independently verified by buyer and buyer's professional advisors; no particular incentive or tax benefit is guaranteed. The site is currently being considered for a workforce and veteran housing concept. September 2026 correspondence from a Lakeland City Commissioner acknowledges the potential for additional workforce and veteran housing and community investment and encourages continued dialogue as the project proceeds through the appropriate review process. The correspondence expressly does not constitute an official endorsement or position of the City of Lakeland. Seller is seeking an expedited transaction and encourages serious offers from qualified developers, builders, investors and housing partners with the ability to move quickly. Extensive due-diligence and development materials are available to facilitate an efficient evaluation and closing process.

1506 Olive Street, Lakeland
$1,250,000
Westgate Sub SubDv. ⋅ 33815 Zip Code
Excellent commercial/industrial opportunity in Central Lakeland! Located at 1604 Olive Street, this versatile 8,716-square-foot building sits on approximately 0.60 acres and offers a flexible layout suitable for a variety of commercial and industrial operations. The property features an impressive 25-foot ceiling height, loading dock, fenced outdoor storage, ample on-site parking, and newly installed interior LED lighting, along with convenient access to I-4 and surrounding Lakeland business corridors. The building offers a combination of expansive warehouse space and finished office areas, providing functionality for an owner-user or investor. Potential uses include warehouse, distribution, automotive, storage, or other general commercial operations, subject to verification of zoning and permitted uses. The interior photos also show large open warehouse areas with roll-up access and separate office/work spaces, giving the property plenty of flexibility for a variety of business needs. Adding immediate income potential, approximately 4,000 square feet is currently occupied by a month-to-month tenant paying $5,000 per month, while the remaining portion of the building is currently vacant. This arrangement creates an attractive opportunity for an owner-user seeking to offset occupancy costs, or an investor looking to lease the remaining space and increase the property’s income potential. With its combination of warehouse space, office space, outdoor storage, loading capabilities, parking, existing rental income, and a convenient Lakeland location, this property offers tremendous flexibility for investors and business owners alike.

1604 Olive Street, Lakeland
$235,000
3 Beds ⋅ 2 Baths ⋅ Westgate Sub SubDv. ⋅ 33815 Zip Code
Virtually Staged. Welcome to this charming Lakeland home offering comfortable living spaces and plenty of flexibility for everyday life. The inviting layout provides a welcoming living area for relaxing or entertaining, while the kitchen offers a practical space for preparing meals and gathering. The bedrooms provide versatile options for a primary retreat, guest accommodations, home office, or hobby space. Additional living areas can be tailored to suit your lifestyle, whether you need a playroom, workspace, or cozy gathering area. Conveniently located near shopping, dining, schools, parks, and major roadways, this home offers an excellent opportunity to enjoy the convenience and character of Lakeland living.

1704 Wayman Street, Lakeland