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$185,000

1057 OLD SOUTH DRIVE, LAKELAND, FL 33811

3D Tour
Active684 days on market

Beds

2

Baths

2

Sq Ft

1,032 sq ft

Year Built

1981

Lot Size

0.12 acres

Garage

—

About This Property

This half duplex property features a modern 2018 roof and spacious backyard, making it perfect for outdoor activities or potential landscaping. NO HOA! The interior boasts attractive tile flooring, enhancing both aesthetics and maintenance. Located in the desirable Magnolia Trails, this home is situated in a peaceful and quiet neighborhood, making it an excellent choice for families or renters seeking tranquility. With great rental cash flow potential, this property stands out as a lucrative investment opportunity. Do not miss this opportunity! Call or text for a private showing.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #TB8320162
StatusActive
Year Built1981
Stories1
Total Rooms4
ConstructionBlock, Stucco
RoofShingle
FoundationSlab
FacesEast
SubdivisionMAGNOLIA TRAILS
CountyPolk
OwnershipFee Simple

Interior Features

InteriorOther
FlooringTile
AppliancesOther
LaundryOther
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorOther
Lot Size0.12 acres (5,423 sq ft)
Lot Dimensions35 x 155
Road SurfaceOther
0

Utilities

WaterPublic
SewerSeptic Tank
UtilitiesPublic

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$185,000
Original Price$207,000
Annual Taxes$1,731 (2023)
FinancingCash, Conventional, FHA, VA Loan
Parcel #232914141530000152

Directions

Turn right on W Pipkin Rd Turn left on Old Highway 37 Turn right on Old South Dr Home will be on your right

Location

1057 OLD SOUTH DRIVE, LAKELAND, FL 33811

Listing Information

OfficeGOLD REAL ESTATE SOLUTIONS
ListedNovember 14, 2024

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Preferred Time

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Home Price

$185,000

20% ($37,000)
6.75%

Loan Term

Principal & Interest$960
Property Tax (est.)$170
Insurance (est.)$150
Total Monthly$1,280
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How to Buy This Home

Multiple financing options available for this $185,000 home in LAKELAND.

🏛️

FHA Loan

$6,475 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

$9,250 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: April 16, 2026.

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