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$650,000

1962 Crystal Grove Dr

Lakeland, FL
Active
8
Bedrooms
0.27
Lot Size (acres)
1986
Year Built
46
Days On Market

Investment Opportunity – 1962 Crystal Grove Drive **Fantastic investment opportunity!** This **4-unit multifamily building** offers an excellent opportunity for investors looking to add an income-producing property to their portfolio. Each unit features a desirable **2-bedroom, 2-bathroom layout**, providing comfortable living space and strong rental appeal. **Two of the four units are currently tenant occupied**, generating **$1,500 per month per occupied unit**, providing immediate rental income while leaving additional potential to maximize the property's overall income. The four-unit configuration offers flexibility for an investor looking to build long-term cash flow and benefit from the continued demand for rental housing. The property's location adds to its investment appeal, with convenient access to everyday shopping, restaurants, schools, parks, and major roadways. Residents can enjoy nearby outdoor recreation, including opportunities for walking, biking, fishing, boating, and exploring Florida's natural surroundings. The area also offers easy access to local entertainment, dining, and shopping, making it an attractive location for both current and future tenants. Nearby attractions and recreational destinations provide plenty of options for enjoying the Florida lifestyle. Whether you're an experienced investor or looking for your first multifamily investment, **1962 Crystal Grove Drive** presents an exciting opportunity with **four 2-bedroom, 2-bathroom units**, existing rental income, and additional potential to increase occupancy and cash flow. **Four units. Strong rental potential. Two units currently producing $1,500/month each. Don't miss this opportunity to add a versatile multifamily property to your investment portfolio!**

Listing Information

Listing Updated
09/02/2026
Listed By
Candace Garber, 2244894435 · TRUDEALS REALTY CORP, 8338783325
MLS#
O6434625
Source
Stellar MLS
Status
Active

Facts & Features

Location

Community Information

Address
1962 Crystal Grove Dr, Lakeland, FL 33801
City
Lakeland
County
Polk
Neighborhood
CRYSTAL GROVE
Zip Code
33801

Architecture

Bedrooms
8
Year Built
1986
Construction Materials
Concrete
Foundation
Block
Roof
Shingle
Levels
One
Garage Spaces
0

Features & Amenities

Interior Features
Other
Exterior Features
Garden
Cooling
Central Air
Heating
Central

Property Features

Lot Size
0.27 Acres
Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected

Square Footage

Total
4,056 sq. ft.

Tax & Financial Information

List Price
$650,000
Annual Taxes
$5,943

Schools

100/100
Crystal Lake Middle School
Middle · Grades 06–08 · 0.7 mi
City
Lakeland
Students
1,085
Parent reviews
1.0★ avg · 1 review
Student body
42% White · 27% Hispanic / Latino · 25% Black
Free/reduced lunch
79%
Phone
(863) 499-2970
99/100
Crystal Lake Elementary School
Elementary · Grades PK–05 · 1.1 mi
City
Lakeland
Students
557
Student body
37% Black · 29% White · 29% Hispanic / Latino
Free/reduced lunch
69%
Phone
(863) 499-2966
74/100
South McKeel Academy
Elementary · Grades PK–06 · 0.5 mi
City
Lakeland
Students
1,251
Parent reviews
5.0★ avg · 1 review
Student body
70% White · 15% Hispanic / Latino · 9% Black
Free/reduced lunch
26%
Phone
(863) 510-0044
56/100
Lakeland Senior High School
High · Grades 09–12 · 1.8 mi
City
Lakeland
Students
2,125
Student body
48% White · 24% Hispanic / Latino · 21% Black
Free/reduced lunch
34%
Phone
(863) 499-2900
55/100
Real Academy (Reaching Every Adolescent Learner)
7th & Above · Grades 04–12 · 0.9 mi
City
Lakeland
Students
175
Student body
33% Hispanic / Latino · 32% Black · 31% White
Free/reduced lunch
69%
Phone
(863) 534-0500
55/100
Polk Full Time Eschool
7th & Above · Grades KG–12 · 3.8 mi
City
Lakeland
Students
92
Student body
62% White · 21% Hispanic / Latino · 9% Black
Free/reduced lunch
3%
Phone
(863) 665-4538
54/100
Fresh Start Community School
High · Grades 10–12 · 0.9 mi
City
Lakeland
Students
263
Student body
45% Hispanic / Latino · 28% Black · 24% White
Free/reduced lunch
54%
Phone
(863) 419-3486
54/100
Polk Virtual Instruction Program
7th & Above · Grades KG–12 · 3.8 mi
City
Lakeland
Students
72
Student body
74% White · 14% Hispanic / Latino · 7% Black
Free/reduced lunch
47%
Phone
(863) 665-4538

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
09/02/2026Price change$650,000
08/18/2026Listed for sale$675,000

Listed by Candace Garber · TRUDEALS REALTY CORP · 8338783325

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 2, 2026 at 10:06 PM | Source: Stellar MLS | MLS#: O6434625

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