2516 MAGNOLIA STREET
LAKELAND, FL 33801
About this home
Rare oversized lot in an established Lakeland neighborhood! This property sits on over 10,000 square feet, providing exceptional space and flexibility for investors looking to renovate, expand, or explore future development opportunities (buyer to verify with the City of Lakeland). Conveniently located just minutes from Downtown Lakeland, Lake Parker, shopping, dining, medical facilities, and I-4, this property offers strong upside in a growing area. The home requires a complete renovation and is being sold AS-IS. Cash only.
Facts & features
Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 768 sqft
- Heating
- None
- Cooling
- None
- Flooring
- Other
- Features
- Other
- Appliances
- None
Exterior & lot
- Lot size
- 10,324 sqft (0.24 ac)
- Roof
- Shingle
- Construction
- Frame
- Exterior
- Balcony
Financial
- Annual tax
- $1,220 (2025)
- Price / sqft
- $163/sqft
Utilities
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Available, Other
Property
- Property type
- Single Family
- Year built
- 1947
- Subdivision
- COUNTRY CLUB ESTATES RESUB PT
- County
- Polk
Listing
- Status
- Active
- Days on market
- 1 day
- MLS #
- MFR802128371
- Source
- Stellar MLS
Listed by Ana Dos Santos · LOKATION
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 26 comparable sales within 2 miles of LAKELAND, FL, this home is priced over RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $665/mo
- Property tax
- $104/mo
- Home insurance
- $200/mo
Tax, insurance and HOA are editable estimates with Florida-typical defaults — Florida homeowners insurance in particular varies widely by location and elevation. Confirm exact figures with a lender and insurer.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 5, 2026 | Listed | $125,000 | — |
NeighbourhoodSample data
Reference scores for LAKELAND, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
Frequently asked questions
What would 2516 MAGNOLIA STREET, LAKELAND cost per month?
About $796 a month: $632 principal and interest, $102 property tax, $63 insurance. That assumes 20% down at 6.5% over 30 years.
Is 2516 MAGNOLIA STREET, LAKELAND priced fairly?
Comparable sales nearby put it between $152,490 and $175,446, with $163,968 in the middle. That is from 8 properties of the same type and size within three miles, at a median of $214 a square foot.
How does 2516 MAGNOLIA STREET, LAKELAND compare to nearby homes?
8 comparable properties within three miles. The nearest: 2531 WEBER STREET, LAKELAND, FL at $89,900, 608 sq ft, 0.06 miles away; 2440 WEBER STREET, LAKELAND, FL at $192,500, 886 sq ft, 0.08 miles away; 2408 MAGNOLIA STREET, LAKELAND, FL at $199,000, 730 sq ft, 0.13 miles away.
How long has 2516 MAGNOLIA STREET, LAKELAND been on the market?
1 day on the market.
Has the price of 2516 MAGNOLIA STREET, LAKELAND changed?
The price has not moved since it was listed.
How big is 2516 MAGNOLIA STREET, LAKELAND?
2 bed, 1 bath, 768 square feet. That is $163 a square foot.
What year was 2516 MAGNOLIA STREET, LAKELAND built?
Built in 1947.
What is the HOA fee at 2516 MAGNOLIA STREET, LAKELAND?
The feed lists no association fee for this property.
What are the property taxes at 2516 MAGNOLIA STREET, LAKELAND?
Property tax works out to about $102 a month, $1,220 a year.
Is 2516 MAGNOLIA STREET, LAKELAND still available?
It is still on the market.
Similar homes nearby
Homes for sale in LAKELAND within the same price band.
