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$545,000

503 PRADO PLACE, LAKELAND, FL 33803

3D Tour
Active22 days on market

Beds

6

Baths

6

Sq Ft

2,045 sq ft

Year Built

1948

Lot Size

0.47 acres

Garage

About This Property

Attention Investors or someone wanting a beautiful Lakeland property centrally located to downtown and colleges. This 6 bedroom 6 bath pool home sits on an oversized lot and offers all the amenities for a family or for the savvy investor looking for their next opportunity. The thoughtfully designed layout makes the functionality of this home both practical and inviting. The secluded pool provides an oasis to relax and enjoy the Florida lifestyle. Many additional spaces exist to tailor your lifestyle needs in this home The well equipped kitchen to the inviting bedrooms each with a private bath, make this home versatile while maintaining elegance. The yard is completely fenced in for privacy. This home is close to shopping, public transit , Florida Southern University, Lake Hollingsworth and downtown Lakeland.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #TB8528862
StatusActive
Year Built1948
Stories1
Total Rooms7
ConstructionBlock
RoofShingle
FoundationSlab
FacesEast
SubdivisionPALMOREY SUB
CountyPolk
OwnershipFee Simple
FurnishedFurnished

Interior Features

InteriorCeiling Fan(s), Living Room/Dining Room Combo, Window Treatments
FlooringLuxury Vinyl
AppliancesDishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator
LaundryLaundry Room
CoolingCentral Air
HeatingCentral
FireplaceYes ()
SecuritySmoke Detector(s)

Exterior & Lot

ExteriorPrivate Mailbox, Private Yard
Other StructuresFinished RV Port, Storage
Lot Size0.47 acres (20,552 sq ft)
Lot Dimensions150 x 137
Road SurfacePaved

Pool & Spa

Private PoolYes
Pool FeaturesAuto Cleaner, Gunite
SpaIn Ground

Utilities

WaterNone
SewerPublic Sewer
UtilitiesCable Connected, Electricity Connected

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$545,000
Original Price$550,000
Annual Taxes$6,344 (2025)
FinancingCash, Conventional, FHA, VA Loan
Parcel #232836138500001212

Directions

Turn onto Prado place the home sits on the right

Location

503 PRADO PLACE, LAKELAND, FL 33803

Listing Information

OfficeACE REALTY & AUCTION LLC
ListedJuly 24, 2026

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Preferred Time

Scheduling is free, and you can cancel anytime.

Home Price

$545,000

20% ($109,000)
6.75%

Loan Term

Principal & Interest$2,828
Property Tax (est.)$500
Insurance (est.)$150
Total Monthly$3,477
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How to Buy This Home

Multiple financing options available for this $545,000 home in LAKELAND.

🏛️

FHA Loan

$19,075 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

$27,250 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: August 21, 2026.

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