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$545,000 -$5,000 (-0.91%) Price Reduced

  • For Sale
  • Active
  • Triplex
  • 6 Beds
  • 7 Total Baths
  • 2,045 Sq. Ft.
  • Updated 16 hours ago
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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.

Full Property Details for 503 Prado Pl

General

  • Price: $545,000
  • Taxes: $6,343 (2025)
  • Status: Active
  • Type: Triplex
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8536707
  • Updated: 8/24/2026
  • Added to Site: 7 day(s) ago

Rental Information

  • Min. Lease: No Minimum

Interior

  • Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo, Window Treatments
  • Fireplace: Yes
  • Fireplace(s): Master Bedroom, Wood Burning
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator
  • Furnishings: Furnished
  • Flooring: Luxury Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 7

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: Laundry Room

Additional Information

  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: Auto Cleaner, Gunite
  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: Private Mailbox, Private Yard

Location

  • Area: 33803 - Lakeland
  • County: Polk
  • Development Name: 33803 - Lakeland
  • Subdivision: PALMOREY SUB
  • Driving Directions: Turn onto Prado place the home sits on the right

Community

  • Community Name: 33803 - Lakeland

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Connected, Electricity Connected

Structural Information

  • # Buildings: 1
  • Exterior Const.: Block
  • Roof: Shingle
  • Stories/Levels: One
  • Square Feet: 2,045
  • Sq. Ft. Source: Public Records
  • Year Built: 1948

Additional Structures

  • Other Structures: Finished RV Port, Storage

Lot Features

  • Lot Size (Acres): 0.47
  • Lot Size (Sq. Ft.): 20,552
  • Lot Size: 20552
  • Lot Dimensions: 150 x 137
  • Street/Road Desc.: Paved

Financial Considerations

  • Tax Amount: $6,343.54
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: PALMOREY SUB PB 8 PG 47 BLK A LOTS 21 THRU 23
  • Flood Zone Info: X
  • APN: 232836138500001212
  • Property ID: 232836138500001212
  • Block/Lot/Section: A

Listed by Ace Realty & Auction Llc and Lpt Realty, Llc

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Listing agents

— 503 Prado Pl —

  • Ace Realty & Auction Llc

  • Lpt Realty, Llc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 503 Prado Pl

School District:Polk County School District
NameGradesDistance
Southwest Elementary School
2650 Southwest Avenue, Lakeland, FL 33803
PK-50.2 mi
Kathleen Senior High School
1100 Red Devil Way, Lakeland, FL 33815
9-123.9 mi
Southwest Middle School, Lakeland, FL
2815 Eden Parkway, Lakeland, FL 33803
6-80.2 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 503 Prado Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/24/2026
Price Reduced
$545,000
-0.91%
MLS
8/17/2026
Listed
$550,000
35.14%
MLS
4/04/2024
Sold
$407,000
—
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 503 Prado Pl

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,344
-1%
$351,634
-1%
2024
$6,406
79%
$354,830
49%
2023
$3,571
3%
$238,494
6%
2021
$3,452
-1%
$224,804
-3%
2022
$3,473
1%
$231,548
4%
2021
$3,452
1%
$221,700
2%
2019
$3,401
-5%
$216,716
2%
2017
$3,562
—
$212,675
17%
2017
$3,562
-6%
$181,062
-4%
2016
$3,787
3%
$189,573
4%
2015
$3,692
14%
$181,472
10%
2014
$3,247
73%
$165,629
44%
2013
$1,877
—
$115,029
—
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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Listed by Ace Realty & Auction Llc and Lpt Realty, Llc

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503 Prado Place, Lakeland, FL 33803 (MLS# TB8536707) is a Triplex property with 6 bedrooms and 0 full bathrooms. 503 Prado Place is currently listed for $545,000 and was received on August 17, 2026. Want to learn more about 503 Prado Place? Do you have questions about finding other Triplex 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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