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$215,000

506 S MCKAY AVENUE, LAKELAND, FL 33801

3D Tour
Active93 days on market

Beds

2

Baths

2

Sq Ft

885 sq ft

Year Built

1927

Lot Size

0.15 acres

Garage

—

About This Property

Welcome home to this 2 bedroom, 2 bathroom home ideally located just minutes from Lake Morton, the Polk Museum of Art, and the Lakeland Public Library. This inviting residence features beautiful wood flooring throughout and offers a bright, airy atmosphere that feels like home the moment you walk in. The seller has completed several valuable updates, including a new roof with premium Dow Corning shingles (October 2021), a newer water heater, and a fresh paint job using high-quality Behr Emerald paint. The home was professionally treated and maintained by Orkin for termite prevention, providing added peace of mind. Additional features include an LG remote-controlled window A/C unit, washer and dryer, and a spacious outdoor storage shed perfect for tools, hobbies, or extra storage needs. Conveniently located near downtown Lakeland's dining, shopping, parks, and cultural attractions, this well-maintained property offers comfort, character, and an exceptional location. Don't miss this opportunity to own a move-in ready home in the heart of Lakeland!

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #L4963060
StatusActive
Year Built1927
Total Rooms6
ConstructionWood Frame
RoofShingle
FoundationCrawlspace
FacesWest
SubdivisionMCKAYS ADDITION
CountyPolk
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), Window Treatments
FlooringLaminate, Hardwood
AppliancesDryer, Microwave, Range, Refrigerator, Washer
LaundryInside
CoolingWall/Window Unit(s)
HeatingNone
FireplaceYes ()

Exterior & Lot

ExteriorStorage
Lot Size0.15 acres (6,525 sq ft)
Road SurfacePaved
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesElectricity Connected, Water Connected

Parking

GarageNo
CarportYes

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$215,000
Original Price$245,000
Annual Taxes$3,050 (2025)
FinancingCash, Conventional
ZoningMF-12
Parcel #242819237000002090

Schools

ElementaryPhilip O’Brien Elementary
MiddleLawton Chiles Middle
HighLakeland Senior High

Directions

From I-4, take Exit 28 (FL-546/Memorial Blvd) toward Lakeland. Head south on Memorial Blvd/FL-546. Turn left onto Massachusetts Ave, then left onto E Walnut St. Turn right onto S McKay Ave. Property is located at 506 S McKay Ave, Lakeland, FL 33801.

Location

506 S MCKAY AVENUE, LAKELAND, FL 33801

Listing Information

OfficeBHHS FLORIDA PROPERTIES GROUP
ListedJune 25, 2026

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Home Price

$215,000

20% ($43,000)
6.75%

Loan Term

Principal & Interest$1,116
Property Tax (est.)$197
Insurance (est.)$150
Total Monthly$1,463
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $215,000 home in LAKELAND.

🏦

Conventional

$10,750 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Polk County SHIP

Varies

Income-qualifying Polk residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: October 1, 2026.

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