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1521 BANKS PLACE

House For Sale
$115,000

BTC: 1.51315789

ETH: 46.00000000

9 days
3 bds
2 ba
1,376 sqft

Overview

Investor Special in Desirable Dixieland! Opportunity awaits at 1521 Banks Place in Lakeland’s sought-after Dixieland area. The property experienced a fire loss in December 2025 and will require extensive remodeling, making it an ideal project for an investor, builder, or experienced renovator. Priced with the needed renovations in mind, the real value here is in the potential and location. Bring your vision and transform this property into something special while investing in one of Lakeland’s desirable established neighborhoods.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1925
Lot:
0.13 Acres
Heating:
None
Price/sqft:
$84
Cooling:
None
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$227,500
$162K – $314K
Confidence Low
List vs. estimate
$112K below estimate
List $115,000 · -49.5%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$83
-57.8% vs. city median $198
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,141
2025
All facts and features
  • Flooring

    • Laminate

    Heating

    • None

    Cooling

    • None

    Appliances

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Open Floorplan

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: None

    Lot

    • Lot: 0.13 Acres

    Other Property Information

    • Parcel Number: 232825134000001050

    • Zoning: RA-3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Available

    • Water Available

  • Other financial information

    • Annual tax amount: $2,141

  • Source details

    • MLS ID: L4964895

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Crawlspace

    • Laundry Features: Inside

    • Direction Faces: East

    • Living Area: 1376

    • Water Source: None

    • Subdivision Name: VOLUNTEER HEIGHTS

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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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: XCELLENCE