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$249,000

506 Westgate Ave

Lakeland, FL
Pending
4
Bedrooms
1,813
Square Feet
0.16
Lot Size (acres)
1979
Year Built
33
Days On Market

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!!

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Listing Information

Listing Updated
4 days ago
Listed By
Joe Christian, 8632865829 · KELLER WILLIAMS REALTY, 8635771234
MLS#
L4964553
Source
Stellar MLS
Status
Pending

Facts & Features

Location

Community Information

Address
506 S Westgate Ave, Lakeland, FL 33815
City
Lakeland
County
Polk
Neighborhood
WESTGATE
Zip Code
33815

Architecture

Bedrooms
4
Year Built
1979
Construction Materials
Block, Concrete
Building Area
1,813 sq. ft.
Foundation
Slab
Roof
Shingle
Garage Spaces
0

Features & Amenities

Appliances
Electric Water Heater, Range, Range Hood
Cooling
Central Air
Heating
Electric, Central

Property Features

Lot Size
0.16 Acres
Lot Features
Near Golf Course, Near Public Transit, Paved
Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Square Footage

Total
1,813 sq. ft.

Tax & Financial Information

List Price
$249,000
Annual Taxes
$2,020

Schools

78/100
Lawton Chiles Middle Academy
Middle · Grades 06–08 · 1.6 mi
City
Lakeland
Students
648
Parent reviews
5.0★ avg · 2 reviews
Student body
51% White · 20% Hispanic / Latino · 16% Black
Free/reduced lunch
30%
Phone
(863) 499-2742
76/100
McKeel Academy Central
Elementary · Grades PK–06 · 1.7 mi
City
Lakeland
Students
610
Parent reviews
5.0★ avg · 2 reviews
Student body
63% White · 20% Hispanic / Latino · 10% Black
Free/reduced lunch
39%
Phone
(863) 499-1287
57/100
McKeel Academy Of Technology
High · Grades 07–12 · 0.8 mi
City
Lakeland
Students
1,522
Parent reviews
3.0★ avg · 4 reviews
Student body
66% White · 18% Hispanic / Latino · 9% Black
Free/reduced lunch
28%
Phone
(863) 499-2818
57/100
Dixieland Elementary School
Elementary · Grades PK–05 · 1.6 mi
City
Lakeland
Students
314
Parent reviews
3.0★ avg · 4 reviews
Student body
40% Hispanic / Latino · 28% Black · 26% White
Free/reduced lunch
68%
Phone
(863) 499-2930
54/100
Kathleen Senior High School
High · Grades 09–12 · 1.5 mi
City
Lakeland
Students
1,861
Student body
42% Hispanic / Latino · 32% White · 22% Black
Free/reduced lunch
70%
Phone
(863) 499-2655
53/100
Lincoln Avenue Academy
Elementary · Grades KG–05 · 1.8 mi
City
Lakeland
Students
512
Student body
40% White · 28% Black · 20% Hispanic / Latino
Free/reduced lunch
38%
Phone
(863) 499-2955
53/100
Southwest Middle School
Middle · Grades 06–08 · 2.1 mi
City
Lakeland
Students
738
Student body
37% Hispanic / Latino · 33% White · 23% Black
Free/reduced lunch
58%
Phone
(863) 499-2840
51/100
Drop Back In
Grades 09–12 · 2 mi
City
Lakeland
Phone
(863) 687-9222

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
08/31/2026Listed for sale$249,000

Listed by Joe Christian · KELLER WILLIAMS REALTY · 8635771234

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Stellar MLS. All rights reserved.

Last Updated: September 29, 2026 at 8:13 PM | Source: Stellar MLS | MLS#: L4964553

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