Lakeland is a city in Polk County, is part of the Tampa Bay Area and has a population of 112,136. It is a vibrant community infused with Old Florida history and natural beauty. Lakeland has 38 names lakes that are community focal points, providing scenic areas for recreation and relaxation. U.S. News listed Lakeland as #12 in Best Places to Retire in 2021-2022.
Downtown Lakeland is a key place for residents and visitors alike. It is known as “Lakeland’s living room” because it truly embodies the community spirit of the city. There are quaint shops, casual restaurants, pubs, craft breweries and fine-dining options in and around the historic brick buildings that surround the historic Munn Park town square.
Business in Lakeland is strong and boasts numerous notable corporate and mom-and-pop shops and restaurants. It is home to Publix Supermarkets corporate headquarters and Saddle Creek Logistics.
In October 2021, Lakeland home prices were up 22.3% compared to last year, selling for a median price of $290K. Median rent is $1,980.
Owning a rental property in Lakeland, Florida is a great way to diversify your assets and your income. You can also get several tax benefits and deductions (including our management fee).
Whether you need help with tenant placement, a bad tenant or full-service management of your property or you’re thinking about acquiring additional ones, you can count on our professional team here at InvestPro Properties to help you achieve your goals.
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