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1310 N Combee Rd, Lakeland, FL, 33801

13beds
9baths
6,331sqft
$699,000
$110price/sqft
$5,533/moest. monthly cost
$221,320/yrincome needed

About This Home

Combee Apartments, is a stabilized *8-unit multifamily property located at 1310 N Combee Rd in Lakeland, Florida. Set on a large 2.2-acre parcel, this five-building complex combines long-term income stability with future development potential in the heart of Central Florida’s high-demand Polk County submarket. Built in 1950, the property includes a diverse unit mix of three 1-bedroom/1-bath units, four 2-bedroom/1-bath units, and one 2-bedroom/2-bath single-family home, totaling 6,331 square feet. All units are equipped with mini-split AC systems and feature block construction, slab foundations, and pitched shingle roofs. The layout allows for low-density living, ample tenant parking, and future flexibility. Electricity and water are separately metered and paid by tenants, while the landlord covers sewer (septic) and trash services. The property is currently leased with below-market rents, offering immediate value-add potential through lease adjustments. Strategically located near major employers, retail, and transportation corridors, Combee Apartments provides convenient access to downtown Lakeland and nearby I-4, making it an ideal choice for workforce housing. With solid bones, stable cash flow, and room for growth, this property represents a compelling opportunity for investors seeking scalability in one of Florida’s fastest-growing markets. *DISCLAIMER: TWO UNITS ARE NON-CONFORMING*

Getting Around

47
WalkingCar-Dependent
0
TransitVery Limited Transit
53
BikeBikeable

Schools

1/10
2/10
Tenoroc High SchoolGrades 9-123.1 mi

Construction

Condition

  • Year built: 1931

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Concrete

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 13
  • Bathrooms: 9

Features

  • None

Heating & Cooling

  • Heating features: Wall Units / Window Unit
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total interior livable area: 6,331 sqft

Property

Details

  • Parcel number: 242809175500012400
  • Zoning: C-3
  • Special condition: None

Features

  • Exterior features: Sidewalk

Lot

  • Lot size: 2.20 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hurricane
    HurricaneModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Hurricane

FEMA Declared Disasters in Polk County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,534$42,408
Home Insurance *$597$7,164
Property Taxes $765$9,180
Electricity $637$7,645
Total$5,533$66,396
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$189,702/yr
40% on housing$165,990/yr
45% on housing$147,546/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.0%
6.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$110This listing

vs Other Active Listings

Avg $/sqft

ZIP 33801$92
Polk County$134

vs Homes Sold Last Month

Median $/sqft

ZIP 33801$189
Polk County$179

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-07Listed for sale$699,000
2026-01-11Pending sale$699,000
2025-12-22Price change$699,000
2025-12-18Listed for sale$725,000
2025-12-12Pending sale$725,000
2025-12-04Price change$725,000
2025-11-03Price change$750,000
2025-10-13Price change$800,000
2025-09-10Price change$850,000
2025-08-19Listed for sale$900,000
2025-06-05Listing removed$800
2025-05-29Listed for rent$800
2023-07-27Listing removed--
2023-07-19Pending sale$659,900
2023-04-13Price change$659,900
2022-12-12Price change$664,900
2022-11-07Listed for sale$675,000
2022-10-31Pending sale$675,000
2022-10-28Listed for sale$675,000
2022-10-28Pending sale$675,000
2022-10-17Listed for sale$675,000
2002-05-15Sold$100

For Sale by Agent

AgentTito Urbano Perez
BrokerageFLORIDA REALTY INVESTMENTS

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