42
Map
$269,000
●
House -
For Sale
1120 PARAKEET TRAIL
LAKELAND, FL 33809
2 Beds
2 Baths
1,272 Ft²
$2,056
Est. Monthly
$450
HOA / Fees
About This Property
Virtually Staged. Welcome to 1120 Parakeet Trail, a beautifully
maintained 2-bedroom, 2-bath home in the desirable 55+ Sandpiper
community. This inviting residence features a split-bedroom floor
plan, cathedral ceilings, a spacious living and dining area, and a
bright Florida room offering additional space to relax or
entertain. The kitchen provides ample cabinetry, a closet pantry,
and a comfortable eating area that can also serve as an office.
Major updates include a new roof installed in February 2022, HVAC
system replaced in January 2026, and water heater replaced in
February 2026. The driveway was also recently resurfaced and sealed
in January 2026. Additional highlights include an inside laundry
room, attached two-car garage, attractive landscaping, and a
welcoming covered entry. Enjoy low-maintenance Florida living with
convenient access to shopping, dining, medical facilities, and
community amenities. Schedule your private showing today!
Unit Size
1,272 Ft²
Days on Market
39 days
Land Size
0.19 acres
Price per sqft
$211
Property Type
House
Property Taxes
$285
HOA Dues
$450
Year Built
1993
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 days ago (Stellar MLS #L4964919)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 7, 2026 | Listed by XCELLENCE | $269,000 | |
| Listed by XCELLENCE | |||
| Oct 23, 2015 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway, Garage Door Opener
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Thermostat
Appliances: Dishwasher, Dryer, Washer
Flooring Type: Ceramic Tile, Hardwood
Laundry Features: Laundry Room
Rooms: 3
Exterior Details
Square Footage: 1272
Square Footage Source: $0
Architectural Style: Ranch
Year Built: 1993
Building Area Total: 1272
Levels: One
Building Area Units: Square Feet
Construction Materials: Vinyl Siding, Wood Siding
Lot Size Area: 8163
Lot Size Units: Square Feet
Lot Size Acres: 0.19
Lot Size Square Feet: 8163
Tax Lot: 168
Water Source: Public
Financial Details
Tax Annual Amount: $3,419
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Electric, Heat Pump
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Internet, Maintenance Grounds, Security, Community Pool, Pool Maintenance
HOA/Condo/Coop Amenities: Clubhouse, Fitness Center, Pool, Sauna, Tennis Court(s), Pickleball Court(s), Wheelchair Access
HOA Fee: $450
HOA Fee Frequency: Quarterly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
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ft²
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HOA + Taxes
About Sandpiper Golf and Country Club
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Listed by: Mario Alicea, LLC
XCELLENCE
Last Updated: 2 days ago
Data Source: Stellar MLS, MLS# L4964919
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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
XCELLENCE
Last Updated: 2 days ago
Data Source: Stellar MLS, MLS# L4964919
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