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$115,000 -$10,000 (-8%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 768 Sq. Ft.
  • Updated 4 days ago
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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.

Full Property Details for 2516 E Magnolia St

General

  • Price: $115,000
  • Taxes: $1,220 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: O6431563
  • Updated: 9/17/2026
  • Added to Site: 47 day(s) ago

Rental Information

  • Min. Lease: 1-2 Years

Interior

  • Number of Rooms: 3
  • Interior Features: Other
  • Appliances: None
  • Furnishings: Unfurnished
  • Flooring: Other

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Exterior

  • Exterior Features: Balcony

Location

  • Area: 33801 - Lakeland
  • County: Polk
  • Development Name: 33801 - Lakeland
  • Subdivision: COUNTRY CLUB ESTATES RESUB PT
  • Driving 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.
  • Direction Faces: East

Community

  • Community Name: 33801 - Lakeland

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV Available, Other

Structural Information

  • Exterior Const.: Wood Frame
  • Roof: Shingle
  • Stories/Levels: One
  • Square Feet: 768
  • Sq. Ft. Source: Public Records
  • Year Built: 1947

Lot Features

  • Lot Size (Acres): 0.24
  • Lot Size (Sq. Ft.): 10,324
  • Lot Size: 10324
  • Street/Road Desc.: Paved

Financial Considerations

  • Assoc Fee Desc.: None
  • Tax Amount: $1,220.45
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: RESUB OF COUNTRY CLUB ESTATE SUB PB 10 PG 31 BLK 3 LOTS 4 & E1/2 OF 3 OF LOT 9
  • Flood Zone Info: X
  • APN: 242816187500034090
  • Property ID: 242816187500034090
  • Block/Lot/Section: 3

Listed by Lokation

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Listing agent

— 2516 E Magnolia St —

  • Lokation

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2516 E Magnolia St

School District:Polk County School District
NameGradesDistance
Philip O'brien Elementary School
1225 East Lime Street, Lakeland, FL 33801
PK-52 mi
Crystal Lake Middle School
2410 North Crystal Lake Drive, Lakeland, FL 33801
6-81.4 mi
Tenoroc High School
4905 Saddle Creek Road, Lakeland, FL 33801
9-123.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2516 E Magnolia St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/17/2026
Price Reduced
$115,000
-8%
MLS
8/06/2026
Listed
$125,000
166.52%
MLS
2/20/2006
Sold
$46,900
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2516 E Magnolia St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$481
-73%
$33,560
10%
2024
$1,793
107%
$30,509
—
2023
$867
-64%
$30,400
-70%
2021
$2,420
206%
$102,967
308%
2022
$792
-67%
$25,207
-73%
2021
$2,420
97%
$94,744
52%
2017
$1,229
—
$62,402
10%
2017
$1,229
-16%
$56,729
-17%
2019
$1,460
48%
$68,642
64%
2016
$989
183%
$41,904
118%
2015
$349
8%
$19,231
1%
2014
$322
—
$19,078
-2%
2013
$322
—
$19,452
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Lokation

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2516 E Magnolia Street, Lakeland, FL 33801 (MLS# O6431563) is a Single Family property with 2 bedrooms and 1 full bathroom. 2516 E Magnolia Street is currently listed for $115,000 and was received on August 06, 2026. Want to learn more about 2516 E Magnolia Street? Do you have questions about finding other Single Family real estate for sale in Lakeland? You can browse all Lakeland real estate or contact a Coldwell Banker agent to request more information.

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