Income Opportunity in One of Central Florida’s Hottest Markets! Whether you're a savvy investor looking to expand your portfolio or a first-time buyer seeking a move-in-ready home with long-term value, this property in booming Lakeland is a must-see. Recently remodeled and packed with upgrades, this home features a newer roof (2022), updated HVAC, water heater, cabinets, countertops, appliances, sinks, windows, doors, and modern flooring, everything has been refreshed over the last few years for peace of mind and easy living. Perfectly located just minutes from downtown Lakeland, I-4, and major shopping centers, the home offers both convenience and charm. Current tenants, who take good care of the home, are paying $1,250/month and would love to stay beyond their lease ending September 30, making this a turnkey investment opportunity with immediate income potential. Don’t miss out on owning a solid home in one of Florida’s fastest-growing cities.
For sale
$210,000
140 Colorado Ave, Lakeland, FL 33801
2beds
572sqft
Est.:
Single Family Residence
Built in 1950
7,510 Square Feet Lot
$166,900 Zestimate®
$367/sqft
$-- HOA
What's special
Modern flooringNewer roofWater heaterUpdated hvac
- 17 hours
- on Zillow |
- 57 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: 13 hours ago
Listing Provided by:
Jessica Yakhin 954-513-5040,
LPT REALTY, LLC 877-366-2213
Source: Stellar MLS,MLS#: P4935805
Originating MLS: Orlando Regional

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Built-in Closet
- Level: First
Bedroom 2
- Features: No Closet
- Level: First
Bathroom 1
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator
- Laundry: Inside, Laundry Room
Features
- Kitchen/Family Room Combo, Living Room/Dining Room Combo, Thermostat
- Flooring: Ceramic Tile, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 632
- Total interior livable area: 572 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Other
Lot
- Size: 7,510 Square Feet
- Dimensions: 50 x 150
Details
- Parcel number: 242816185500002300
- Zoning: R-2
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Community
- Subdivision: LAKE BONNY PARK SUB
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Lakeland
Financial & listing details
- Price per square foot: $367/sqft
- Tax assessed value: $98,881
- Annual tax amount: $1,947
- Date on market: 8/5/2025
- Listing terms: Cash,Conventional,FHA,Other
- Ownership: Fee Simple
- Total actual rent: 15000
- Road surface type: Asphalt
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