1244 Morgan Dr, Lakeland, FL 33801

Cozy & Convenient Living in Lakeland! 1244 Morgan Dr, Lakeland, FL 33801

Discover this charming single-family home, perfectly nestled in a tranquil Lakeland neighborhood. Built in 1958, this well-maintained residence offers 910 sqft of comfortable living space, featuring 3 bedrooms and 1 full bathroom – an ideal layout for a starter home, those looking to downsize, or a smart investment opportunity.

This property presents a fantastic opportunity for accessible homeownership. With an estimated refinance payment of approximately $1,351/mo, owning a piece of Lakeland real estate is within reach. The homeowner has taken great care of the property, with updates to essential elements like the roof, AC, and electrical systems in recent years. It also includes appliances such as a dishwasher, dryer, microwave, range, refrigerator, and washer, making it move-in ready.

Experience the Lakeland Lifestyle

Lakeland, located in Polk County, offers a dense suburban feel with a relaxed atmosphere. It’s known for its many parks and a blend of young professionals and retirees. Living at 1244 Morgan Dr gives you convenient access to:

• Numerous Lakes: Lakeland boasts 38 gorgeous lakes, offering scenic views and opportunities for outdoor enjoyment.
• Historic Charm: Explore downtown Lakeland with its beautifully preserved historic architecture, including the world’s largest one-site collection of Frank Lloyd Wright architecture at Florida Southern College.
• Arts & Culture: Discover diverse art at the Polk Museum of Art, enjoy live performances at the Polk Theatre, or visit the Florida Children’s Museum.
• Outdoor Activities: Spend time at Hollis Gardens, Circle B Bar Reserve (known for wildlife), or explore Colt Creek State Park.
• Sports: Catch a Detroit Tigers spring training game at Joker Marchant Stadium.
• Convenient Location: Situated along I-4, Lakeland is approximately 45 minutes from Tampa and an hour from Orlando, offering easy access to major cities, theme parks, and Gulf Coast beaches. The property is also within a short drive of shopping centers, hospitals, and educational institutions like Southeastern University.

Investment Outlook

Priced at $170,900, this property offers a competitive price point in the Lakeland market. While the overall Lakeland market has seen a slight decrease in home values over the past year (around 2.5-3.1% down as of May 2025), the median sale price for 3-bedroom homes increased by 3.2% year-over-year in June 2025, suggesting a stable demand for homes of this size. Homes in Lakeland are currently selling after an average of 35-65 days on the market, indicating a somewhat competitive environment, with some sources calling it a “seller’s market” in June 2025, and others a “buyer’s market” based on specific metrics. However, 56.7% of homes in Lakeland sold below asking price last month, which could present opportunities for buyers.

This well-maintained home with recent updates and no HOA fees, at this attractive price point, presents a solid opportunity for an owner-occupant or an investor.