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$227,000
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Property Description
Affordable, fully renovated, and move-in ready! This 2-bedroom, 1-bath home sits on a generously sized lot with plenty of room for future expansion or even a pool. Recent upgrades include new windows, stainless steel kitchen appliances, quartz countertops, custom cabinetry, and a stylish kitchen backsplash. The home was also recently painted, gray ceramic tile throughout (no carpet), recessed lighting, and ceiling fans in both bedrooms. The open floor plan offers a functional layout, with the updated bathroom conveniently located between the two bedrooms and direct access from the primary bedroom. The property is fully fenced, and Jackson Park is located directly across the street-perfect for enjoying outdoor space and recreation. This home also presents a great opportunity for investors seeking long-term rental income. Conveniently located near schools, hospitals, I-4, shopping centers, Bryant Stadium, and downtown Lakeland. No HOA or CDD.
Full Property Details
Full Property Details for 505 W 5th St
General
- Sold For: $227,000
- Taxes: $1,629 (2025)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: L4958915
- Added to Site: 127 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Window Treatments
- Appliances: Dishwasher, Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Sidewalk
- Deck/Patio: Covered, Front Porch
- Porch/Patio/Deck: Covered, Front Porch
Location
- Area: 33805 - Lakeland / Gibsonia
- County: Polk
- Development Name: 33805 - Lakeland / Gibsonia
- Subdivision: ADAIRS ADD
- Driving Directions: South on Bartow Rd, E on Martin Luther King Jr Ave and West on 5th Street, Right is on the right.
- Direction Faces: South
School Information
- Elementary School: Carlton Palmore Elem
- Middle School: Lakeland Highlands Middl
- High School: Tenoroc Senior
Community
- Community Name: 33805 - Lakeland / Gibsonia
- Community Features: Park, Playground, Sidewalks
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Electricity Connected, Phone Available, Public, Water Connected
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Exterior Const.: Block, Stucco
- Roof: Shingle
- Common Walls: Corner Unit
- Windows: Blinds
- Stories/Levels: One
- Square Feet: 816
- Sq. Ft. Source: Public Records
- Living Area: 816 Sq. Ft.
- Year Built: 1950
Lot Features
- Property View: Park/Greenbelt
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,729
- Lot Size: 8729
- Frontage: Street Paved
- Street/Road Desc.: Paved
- Fencing (Description): Chain Link, Fenced
Financial Considerations
- Tax Amount: $1,629.11
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: ADAIRS ADD PB 3 PG 13 BLK D LOT 1 LESS R/W FOR DAKOTA AVE & LOT 2
- Flood Zone Info: X
- APN: 232812050500004020
- Property ID: 232812050500004020
- Block/Lot/Section: D
Listed by Dory Rodriguez Joseph Re Llc
Sold by Exp Realty Llc
Get Pre-Approved Today
Schools
Schools serving 505 W 5th St
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Carlton Palmore Elementary School 3725 Cleveland Heights Boulevard, Lakeland, FL 33803 | PK-5 | 4.4 mi |
Lakeland Highlands Middle School 740 Lake Miriam Drive, Lakeland, FL 33813 | 6-8 | 5.7 mi |
Tenoroc High School 4905 Saddle Creek Road, Lakeland, FL 33801 | 9-12 | 6.3 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 505 W 5th St
Date
Details
Price
Change
Source
4/17/2026
Sold
$227,000
0.89%
MLS
2/04/2026
Price Reduced
$225,000
-2.17%
MLS
1/27/2026
Listed
$230,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
505 W 5th Street, Lakeland, FL 33805 (MLS# L4958915) is a Single Family property that was sold at $227,000 on April 17, 2026. Want to learn more about 505 W 5th 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.

