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2516 E MAGNOLIA STREET

House For Sale
$125,000

BTC: 1.93139679

ETH: 65.69818778

10 days
2 bds
1 ba
768 sqft

Overview

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.

Location

Florida • LAKELAND • 33801 • House • For Sale

Details

Type:
Residential
Parking:
No Data
Year Built:
1947
Lot:
0.24 Acres
Heating:
None
Price/sqft:
$163
Cooling:
None
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$192,500
$127K – $212K
Confidence Low
List vs. estimate
$67K below estimate
List $125,000 · -35.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$162
-18.0% vs. city median $198
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,220
2025
All facts and features

  • Flooring

    • Other

    Heating

    • None

    Cooling

    • None

    Appliances

    • None

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 1

  • Property

    • Levels: One

    • Exterior Features: Balcony

    Lot

    • Lot: 0.24 Acres

    Other Property Information

    • Parcel Number: 242816187500034090

    • Zoning: R-2

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Other

  • Other financial information

    • Annual tax amount: $1,220

  • Source details

    • MLS ID: O6431563

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Other

    • Laundry Features: None

    • Lot Features: In County

    • Direction Faces: East

    • Living Area: 768

    • Water Source: Public

    • Subdivision Name: COUNTRY CLUB ESTATES RESUB PT

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33801
180
median $275K
Active
Same city
LAKELAND
1,259
median $333K
Active
Same type
House
896
median $355K
Active
Similar price
$87K – $162K
84
median $129K
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LOKATION