tomo logo

$275,500

Beds
3
Baths
2.0
sq ft
1,135

1526 Providence Rd, Lakeland, FL 33805

1526 Providence Rd

LAKELAND, FL 33805

  • 45 days on market
Turnkey co-living space ideal for savvy investors or entrepreneurial homeowners looking to maximize cash flow. This well-maintained property currently operates as a thriving co-living rental with four private rooms, each generating rental income between $750 and $900/month. Owner is open to creative financing terms with a down payment and Buyer taking over mortgage payments. Call now to discuss terms!

Details

Property type

Single Family Residence

Est. home value

$1,303,735

Lot size

0.34 acres

Price per sq ft

$243

Year built

2021

Annual property taxes

$3,300

HOA

No

Price History

02/01/2025
StellarMLS

StellarMLS #O6269936

Price change
$275,500
+4%
01/09/2025
StellarMLS

StellarMLS #O6269936

Listed
$264,900
+11.36%
08/11/2023
StellarMLS

StellarMLS #T3446239

Sold
$237,881
+0.16%

Schools & Community

Neighborhood: 

Kathleen

Elementary school: 

Kathleen Elem

Middle school: 

Kathleen Middle

High school: 

Kathleen High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

-$370,527
Asking price
$275,500
Closing costs (~8% of asking)
-$22,040
Est. remaining loan balance
-$623,987
Cash to seller
-$370,527

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

August 2023

Original loan amount

$635,236

Est. remaining balance

$623,987

Interest rate

6.71%

Loan type

New Conventional, 29 year

Seller

Meridith Conser and Carter B Conser

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 3:40 PM

Listing updated: 02/01/2025 at 9:53 AM

Listed by: Drew Oquendo, REALTY HUB Phone #: (407) 900-1001

MLS: StellarMLS #O6269936

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