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$115,000

2516 E MAGNOLIA STREET, LAKELAND, FL 33801

Active61 days on market

Beds

2

Baths

1

Sq Ft

768 sq ft

Year Built

1947

Lot Size

0.24 acres

Garage

—

About This Property

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.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #O6431563
StatusActive
Year Built1947
Total Rooms3
ConstructionWood Frame
RoofShingle
FoundationOther
FacesEast
SubdivisionCOUNTRY CLUB ESTATES RESUB PT
CountyPolk
OwnershipFee Simple

Interior Features

InteriorOther
FlooringOther
AppliancesNone
LaundryNone
CoolingNone
HeatingNone

Exterior & Lot

ExteriorBalcony
Lot Size0.24 acres (10,324 sq ft)
Lot FeaturesIn County
Road SurfacePaved
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Available, Other

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$115,000
Original Price$125,000
Annual Taxes$1,220 (2025)
FinancingCash
ZoningR-2
Parcel #242816187500034090

Directions

From I-4, take Exit 33 for FL-33/Lakeland Hills Blvd. Head south on Lakeland Hills Blvd, then turn left onto US-92 E (Memorial Blvd). Continue east, turn right onto Combee Rd, then left onto E Magnolia St. The property will be on the right.

Location

2516 E MAGNOLIA STREET, LAKELAND, FL 33801

Listing Information

OfficeLOKATION
ListedAugust 6, 2026

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Home Price

$115,000

20% ($23,000)
6.75%

Loan Term

Principal & Interest$597
Property Tax (est.)$105
Insurance (est.)$150
Total Monthly$852
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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: September 18, 2026.

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