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$249,900

1032 E PALMETTO STREET E, LAKELAND, FL 33801

Active1 days on market

Beds

2

Baths

1

Sq Ft

812 sq ft

Year Built

1950

Lot Size

0.17 acres

Garage

About This Property

Virtually Staged. Whether you're searching for an income-producing investment or a cozy place to call home, this 2-bedroom, 1-bath gem offers exceptional value in one of Lakeland's most convenient locations. Just blocks from Florida Southern College, Lake Hollingsworth, the public library, and a mix of shopping and dining, you're steps from many of Lakeland's favorite destinations. Inside, you'll find original wood flooring, an updated kitchen and bathroom, ready for move-in or immediate rental. Major systems have already been replaced for peace of mind, including a new roof (June 2026), re-plumbing and partial rewiring, and a tankless water heater . Outside, the spacious backyard offers plenty of room to relax, garden, or entertain, plus a large storage shed for tools, hobbies, or extra space. This property is a turnkey opportunity for investors, or a great starting point for an owner-occupant looking to make it their own. Don't miss this one, schedule your showing today!

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #L4963745
StatusActive
Year Built1950
Total Rooms9
ConstructionBlock
RoofShingle
FoundationCrawlspace
FacesSouth
SubdivisionBILTMORE PARK SUB PB 8 PG 41
CountyPolk
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), Thermostat
FlooringTile, Hardwood
AppliancesConvection Oven, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
LaundryElectric Dryer Hookup, Washer Hookup
WindowsBlinds
CoolingCentral Air
HeatingCentral
SecurityFire Alarm

Exterior & Lot

ExteriorRain Gutters
FencingFenced, Vinyl, Wire, Wood
Other StructuresShed(s)
Lot Size0.17 acres (7,279 sq ft)
Lot FeaturesHistoric District
Road SurfacePaved
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesBB/HS Internet Available, Cable Available, Electricity Connected, Public, Street Lights, Water Connected

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$249,900
Annual Taxes$2,545 (2025)
FinancingCash, Conventional, FHA, VA Loan
ZoningRA-3
Parcel #242819218000004281

Schools

ElementaryPhilip O’Brien Elementary
MiddleSleepy Hill Middle
HighLakeland Senior High

Directions

Bartow Rd- left on Hollingsworth Rd then right onto E Palmetto. Home is on the right.

Location

1032 E PALMETTO STREET E, LAKELAND, FL 33801

Listing Information

OfficeKELLER WILLIAMS REALTY
ListedJuly 27, 2026

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Home Price

$249,900

20% ($49,980)
6.75%

Loan Term

Principal & Interest$1,297
Property Tax (est.)$229
Insurance (est.)$150
Total Monthly$1,676
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $249,900 home in LAKELAND.

🏛️

FHA Loan

$8,747 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$12,495 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: July 29, 2026.

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