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$65,000
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Property Description
Exceptional investment opportunity! Two adjacent lots for sale (each priced individually; see MLS# P4933411). Both parcels must be purchased together. Ideal for multi-family residential development. Located in the growing city of Lakeland, centrally positioned between Tampa and Orlando, with convenient access to I-4, major hospitals, shopping, and downtown. Zoned MF-22, this lot is well-suited for multi-family construction and offers strong rental income potential. Purchasing both parcels allows for a larger-scale development project. A great opportunity for builders and investors looking to capitalize on Lakeland's continued growth and prime location. Buyers are advised to conduct their own thorough due diligence and any inspections they deem necessary to confirm that the property meets their expectations. All information provided is sourced from public records and is deemed reliable but not guaranteed.
Full Property Details
Full Property Details for 515 W Magnolia St
General
- Price: $65,000
- Taxes: $220 (2024)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: P4933408
- Updated: 12/4/2025
- Added to Site: 363 day(s) ago
Location
- Area: 33815 - Lakeland
- County: Polk
- Development Name: 33815 - Lakeland
- Subdivision: BOWYERS SUB
- Driving Directions: From FL-563N/Martin L King Jr. Ave. Turn to Myrtle St. West then turn Right on Texas Ave. On the Next Street turn Left.
Community
- Community Name: 33815 - Lakeland
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electrical Nearby
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,031
- Lot Size: 5031
- Lot Dimensions: 55 x 91
- Street/Road Desc.: Paved
Financial Considerations
- Price Per Acre: $541,667
- Tax Amount: $220.13
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BOWYERS SUB PB 3 PG 19 ------ BLK F LOT 11 LESS R/W FOR SR 548 (LAKELAND IN-TOWN BYPASS) AS REC IN OR 5953 PG 2017
- Flood Zone Info: X
- APN: 232813067500006110
- Property ID: 232813067500006110
- Block/Lot/Section: F
Listed by La Rosa Realty Prestige
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Schools
Schools serving 515 W Magnolia St
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Valleyview Elementary School 2900 State Rd 540a E, Lakeland, FL 33813 | PK-5 | 7.3 mi |
Sleepy Hill Middle School 2215 Sleepy Hill Road, Lakeland, FL 33810 | 6-8 | 3.6 mi |
Lakeland Senior High School 726 Hollingsworth Road, Lakeland, FL 33801 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 515 W Magnolia St
Date
Details
Price
Change
Source
1/20/2025
Listed
$65,000
733.33%
MLS
3/01/2017
Sold
$7,800
—
Public Record
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
Tax History for 515 W Magnolia St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$220
10%
$17,609
13%
2023
$200
35%
$15,596
82%
2021
$148
-17%
$8,553
-35%
2022
$178
20%
$13,081
93%
2021
$148
12%
$6,792
—
2019
$132
—
$6,792
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 515 W Magnolia St
515 W Magnolia Street, Lakeland, FL 33815 (MLS# P4933408) is a Lots/Land property with a lot size of 0.12 acres. 515 W Magnolia Street is currently listed for $65,000 and was received on January 20, 2025. Want to learn more about 515 W Magnolia Street? Do you have questions about finding other Lots/Land real estate for sale in Lakeland? You can browse all Lakeland real estate or contact a Coldwell Banker agent to request more information.

