Lake Beulah Heights Div 02 Homes with No Deed Restriction Community Extras

Lake Beulah Heights Div 02 Homes with No Deed Restriction Community Extras

Welcome to Lake Beulah Heights Division 02, a hidden gem nestled in the heart of Lakeland, Florida. This charming subdivision is perfect for those seeking a serene lifestyle with the added benefit of a vibrant community atmosphere. With no deed restrictions, residents enjoy the freedom to personalize their homes and properties, making it an ideal choice for those who value individuality and creativity.

Lake Beulah Heights is characterized by its spacious lots and lush greenery, providing a picturesque setting for families and individuals alike. The community exudes a warm, welcoming vibe, where neighbors become friends and everyone takes pride in their surroundings. Whether you are looking to build your dream home or seeking a cozy retreat, this subdivision offers a variety of options that cater to diverse tastes and preferences.

One of the standout features of Lake Beulah Heights Division 02 is its proximity to the stunning Lake Beulah itself, a serene spot perfect for fishing, kayaking, or simply enjoying a peaceful day by the water. The area is also conveniently located near major roadways, making commuting to nearby cities a breeze.

In addition to the natural beauty surrounding the community, residents have access to a wealth of local amenities, including shopping centers, parks, and recreational facilities. The vibrant city of Lakeland is just a stone's throw away, offering a rich array of dining, entertainment, and cultural experiences.

Experience the charm of Lake Beulah Heights Division 02, where your dream home awaits, and the possibilities are endless!

Newest Lake Beulah Heights Div 02 Homes with No Deed Restriction Community Extras

1125 Olive Street, Lakeland
$505,000
6 Beds ⋅ 4 Baths ⋅ Lake Beulah Heights Div 02 SubDv. ⋅ 33815 Zip Code
8.3% CAP RATE IN PLACE, 9.3% ON PRO FORMA: FOUR UPDATED UNITS. This turnkey fourplex delivers day one cash flow with rent upside already built into the numbers. Two separate duplexes sit on a combined 0.40-acre lot (including 3 parcels). Building one is a 1947 duplex with 1,120 sq ft, and building two is a 1954 duplex with 1,280 sq ft. All four units have been updated, so the heavy lifting is done. Current operations produce an 8.3% cap rate, and bringing rents to market per the pro forma pushes returns to a 9.3% cap rate. Add value through rent increases and efficient management, not capital projects. Four doors, two buildings, one lot, and a clear path to higher NOI. Request the rent roll and financials today.

1125 Olive Street, Lakeland
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