by Global Lifestyle Properties

See Home Value
$260,000
● House - Off Market

1244 SPINNAKER DRIVE

LAKELAND, FL 33805
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,303 Ft²
$1,566
Est. Monthly
5.24%
Cap Rate

About This Property

Fully Furnished & Turn Key Ready! Welcome to 1244 Spinnaker Dr, Lakeland, FL 33805 – an investor's dream and a cash-flow powerhouse! Fully renovated with a sleek, modern aesthetic, every inch of this 1,303 sq. ft. gem has been meticulously designed for comfort and style. Whether you're a seasoned investor or looking for your first profitable rental, this is an opportunity you don't want to miss. Secure your piece of Lakeland's thriving rental market today! Contact us now to make this income-generating villa yours before it's gone! Schedule a private tour today. Matterport 3D tour is also available on MLS and Zillow and provides accurate room measurements.
Unit Size
1,303 Ft²
Days on Market
144 days
Land Size
0.20 acres
Price per sqft
$200
Property Type
House
Property Taxes
$289
HOA Dues
-
Year Built
1981

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Cap Rate Calculator

Last updated: 2 years ago (Stellar MLS #O6302889)

Price History

Date / Event Date Event Price
Sep 15, 2025 Sold
Sold
Aug 18, 2025 In contract -
In contract
Aug 4, 2025 Relisted $255,000
Relisted
Aug 4, 2025 Price Increased $260,000
↑ $5K (2%)
Price Increased
Jul 29, 2025 In contract -
In contract
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 28
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 172

    Dimensions

  • Lot Size Square Feet: 8,555
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,763
  • Gross Building Area: 1,763
  • Building Area: 1,303
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,303
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPINNAKER SOUND
  • Land Acres: 0000000196
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: SPINNAKER SOUND PB 71 PG 27 LOT 12

Neighborhood

  • School District Name: Polk County School District
  • Census Tract: 010300

Zoning

  • Zoning: RA3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Subdivision Tract Number: 175410
  • Parcel: 24-28-08-175410-000120
  • Lot: 12
  • Meridian: SEC 08 TWN 28S RNG 24E
  • Municipality: LAKELAND/SWFWMD/LKLD MASS
  • Latitude: 28.0558
  • Longitude: -81.939

    Address

  • Full Address: 1244 Spinnaker Dr
  • Address - House Number: 1244
  • Address - Street Name: Spinnaker
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Lakeland
  • Carrier Code: C019
  • 4-Digit Zip Code: 4703
  • Zip Code: 33805

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $221,141
  • Tax Rate Code Area: 91510

    Appraisal Valuation

  • Standard Deviation: 0.1704
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 253,582
  • High Value: 296,801
  • Low Value: 210,363

    Market Valuation

  • Market Total Value: $190,048
  • Market Land Value: $20,534
  • Market Improvement Value: $169,514

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $90,467

    Sales

  • Current Sale Contract Date: May 03, 2023
  • Current Sale Recording Date: May 09, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 107722
  • Previous Sale Recording Date: Mar 24, 2015
  • Previous Sale Contract Date: Mar 20, 2015
  • Previous Sale Amount: $59,900
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Edgewater Beach


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Frequently Asked Questions

When was property at 1244 Spinnaker Drive built and last sold?
The property at 1244 Spinnaker Drive was built in 1981 and last sold on May 3, 2023 for $190,000.
How much is this home worth?
The estimated value of the home located at 1244 Spinnaker Drive is $257,137.
What are some comparable homes to 1244 Spinnaker Drive?
There are currently no comparable homes to 1244 Spinnaker Drive.