701 E Lime St
Lakeland, FL 33801
East Lake Morton- 2 Beds
- 2 Baths
- 5,060 sqft
$725,000
Last Sold: Sep 30, 2025
12% below list $825K
$143/sqft
Est. Refi. Payment $4,625/mo*
$725,000
Last Sold: Sep 30, 2025
12% below list $825K
$143/sqft
Est. Refi. Payment $4,625/mo*
2 Beds
2 Baths
5,060 sqft
Local Information
-- mins to
Description
This is a six unit property built in 1925 as an apartment building, located just a few blocks from downtown Lakeland, Lake Morton, and Lake Mirror. This is NOT a house converted into apartments. The buildings are wood frame with a shingled roof. A new roof installed on the main building in 2025. The other building roof in 2003. There was Termite treatment/tenting of both buildings in 2024. There are 4 one bedroom / one bath units fronting at the SE corner of Lime Street and Indiana Avenue in a two story building and two one bedroom / one bath units over the carport building located directly on Indiana Avenue South. The larger Lime Street building has four 1,000 square foot units, each with one bedroom, one bathroom (with tub), full kitchen, separate living room, separate dining room, and large enclosed porch. There are two units on each floor. There is an entrance on the front (Lime St) and rear of the building. All these units have central A/C The smaller 2 unit building (Indiana Ave) each have a full kitchen, combined living/dining room area, one bedroom and a full bath. These units have window unit A/C. There is a private, screened-in covered patio/porch for each unit. There are separate staircases leading up to each of these units. All Tenant mailboxes are located under the stairs of unit 412. There are coin operated laundry machines located in the rear of this building, for all tenants use. All units have a Refrigerator and Stove. Units 1, 3, 4 and 414 have instant hot water heaters. Units 2 and 412 have a standard hot water tank/heater. Hardwood flooring throughout with ceramic tile in the kitchens and bathrooms. Units 1 & 4 have granite countertops in the kitchens. Carport parking (4 bays) is on Indiana Ave under the 2 units building and other parking is on site. City Water and sewer is paid by the owner. Cable is paid by the tenant
701 E Lime St, Lakeland, FL 33801 is a 2 bedroom, 2 bathroom, 5,060 sqft multi-family in East Lake Morton, built in 1927. It last sold for $725,000 on Sep 30, 2025 (12% below the $825,000 asking price). It is currently off market. The Trulia Estimate rent is $1,741/month.
Home Highlights
Parking
4 Carport Spaces
Outdoor
Porch
View
City
HOA
None
Price/Sqft
$143/sqft
Listed
180+ days ago
Home Details for 701 E Lime St
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Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 2 |
Dimensions and Layout Living Area: 5060 Square Feet |
Appliances & Utilities Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Connected, Water ConnectedAppliances: Electric Water Heater, Range, Range Hood, Refrigerator, Tankless Water HeaterLaundry: Laundry RoomRefrigerator |
Heating & Cooling Heating: Central,Electric,Heat Pump,Wall Units / Window UnitHas CoolingAir Conditioning: Central Air,Wall/Window Unit(s)Has HeatingHeating Fuel: Central |
Fireplace & Spa No Fireplace |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Flooring: Ceramic Tile, Hardwood |
Levels, Entrance, & Accessibility Stories: 1Levels: OneFloors: Ceramic Tile, Hardwood |
View Has a ViewView: City |
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Exterior Home Features Roof: ShakePatio / Porch: Covered, Enclosed, Front Porch, Rear Porch, ScreenedExterior: BalconyFoundation: CrawlspaceNo Private Pool |
Parking & Garage Number of Carport Spaces: 4Number of Covered Spaces: 4Has a CarportNo GarageParking Spaces: 4Parking: Carport |
Frontage Road Surface Type: Paved, AsphaltNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 69 |
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Year Built Year Built: 1927 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: AsbestosNot a New ConstructionNo Additional Parcels |
Property Information Condition: CompletedParcel Number: 242819234500001030 |
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Price List Price: $825,000Price Per Sqft: $143/sqft |
Status Change & Dates Off Market Date: Fri Aug 15 2025 |
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MLS Status: Sold |
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Direction & Address City: LAKELANDCommunity: MATHIS H J ADD 01 |
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Building Area Building Area: 5904 Square Feet |
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Not Senior Community |
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Association for this Listing: LakelandNo HOA |
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Lot Area: 7793 sqft |
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Special Conditions: None |
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Listing Terms: Owner May Carry |
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Business Information Ownership: Fee Simple |
Expense Tenant Pays: Electricity |
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Mls Number: L4953575Showing Requirements: Call Agent 2, Call Listing AgentUniversal Property Id: US-12105-N-242819234500001030-R-N |
Last check for updates: about 5 hours ago
Listed by Tony Fridovich, (863) 698-4267
REMAX EXPERTS, (863) 802-5262
Cody Fridovich
REMAX EXPERTS, (863) 802-5262
Bought with: Natalie Oldenkamp, (863) 255-4641, BHHS FLORIDA PROPERTIES GROUP, (863) 701-2350
Originating MLS: Lakeland
Source: Stellar MLS, MLS#L4953575

IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website.
Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
Price History for 701 E Lime St
| Date | Price | Event | Source |
|---|---|---|---|
| 09/30/2025 | $725,000 | Sold | Stellar MLS #L4953575 |
| 08/15/2025 | $825,000 | Pending | Stellar MLS #L4953575 |
| 06/07/2025 | $825,000 | Listed For Sale | Stellar MLS #L4953575 |
| 01/03/2001 | $150,000 | Sold | N/A |
Market trends in Lakeland
Last updated June 2026
Avg. sale price
$308K
$2.67KMoM
Sale-to-List Price
98.6%
0.1%MoM
Price per sq ft
$188
$0MoM
Available listings
1086
8MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $7,020 |
| Assessment | $918,000 |
Home facts updated by county records
Comparable Sales for 701 E Lime St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.26 | Multi-Family Home | $375,000 | 04/30/26 | 3 | 2 | 1,500 | |
0.32 | Multi-Family Home | $252,000 | 11/14/25 | 3 | 2 | 1,580 | |
0.34 | Multi-Family Home | $340,000 | 08/06/25 | 4 | 4 | 2,248 | |
0.53 | Multi-Family Home | $391,000 | 09/24/25 | 4 | 4 | 2,287 | |
0.79 | Multi-Family Home | $235,000 | 04/29/26 | 2 | 2 | 980 | |
0.93 | Multi-Family Home | $232,500 | 02/13/26 | 4 | 2 | 1,560 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 701 E Lime St.
What Locals Say about East Lake Morton
At least 30 Trulia users voted on each feature.
88 % Say it's dog friendly
83 % Say streets are well-lit
82 % Say it's walkable to restaurants
78 % Say there are sidewalks
74 % Say parking is easy
73 % Say there's holiday spirit
72 % Say car is needed
66 % Say people would walk alone at night
59 % Say it's quiet
58 % Say yards are well-kept
54 % Say neighbors are friendly
47 % Say they plan to stay for at least 5 years
43 % Say kids play outside
35 % Say there's wildlife
29 % Say there are community events
28 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
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