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$249,000

Listing Price

2beds

1baths

1,813sqft

6,791sqft lot

506 S Westgate Ave, Lakeland, FL 33815

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Multi-Family

Home type

--

Price / sqft

1979

Year built

Home Details

Under contract-accepting backup offers. INVESTMENT OPPORTUNITY NEAR DOWNTOWN LAKELAND! This cement-block duplex features two 2-bedroom, 1-bath units, each offering more than 900 square feet of living area. Both units are currently rented, providing immediate rental income for the new owner. Additional highlights include fenced yards and new roof shingles, fascia and soffits completed in 2026. The property also provides ample off-street parking with six designated spaces. Conveniently located near downtown Lakeland with easy access to shopping, dining, employment and major roadways. Priced below market at $249,000. This income-producing property offers an excellent opportunity to add a solid rental property to your investment portfolio. The rents are below normal rents in the area. The rents in the community range in the $1100 to $1400 per side unit. PLEASE CALL TODAY FOR ADDITIONAL INFORMATION!!

Interior Details

Square Feet
  • 1813

Bedrooms
  • 2

Bathrooms
  • 1

Heating
  • Has Heating:

    No

  • Heating Type:

    N/A

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 6791

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Duplex Single

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$883

$5,000

$41,341

--%

$46,341

2019

$873

$0

$0

--%

$44,226

2017

$719

$0

$0

--%

$40,205

2017

$719

$5,000

$31,550

--%

$36,550

2016

$671

$5,000

$28,608

--%

$33,608

2014

$599

$0

$0

--%

$30,562

2013

$617

$0

$0

--%

$30,922

2012

$619

$0

$0

--%

$31,106

percent-home-icon

Average Home Price in 33815

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$249,000

2 Beds

1 Baths

1,813 Sqft

6,791 Lot (sqft)

Sold 10/06/2026

$--

4 Beds

2 Baths

1,700 Sqft

6,482 Lot (sqft)

Sold 10/06/2026

$315,000

4 Beds

2 Baths

1,974 Sqft

8,098 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
249,000
$
Down payment
49,800
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,494
$
HOA (Monthly)
0
$
PMI
0
$
$1,612
Your Payment
Total Monthly Payment:$1,612
Percent of Income:28%
Affordable:Yes

Details for 506 S WESTGATE AVE

Property Debt

Foreclosure Contact Details