5508 US Highway 98 N, Lakeland, FL 33809 - Photo 1

1/1

$450,000

Sold
Closed
Office

1/1

Property Description

Super location and solid building for owner/user or investor on busy US 98 North. This is an 1,880 SF well maintained, block constructed property, split into two sides, with a covered breezeway in between, on .16 acres. The zoning classification is C-2, City of Lakeland. The primary side comprises a professional office with wide open general space, and a centrally located conference/meeting room, a storage room, with one bathroom in the rear. The other side of the building is a long term tenant who runs an alteration and fashion business. Current rent is $850 per month or $15.45 PSF. This space is 680 SF and has two bathrooms. There is a 60 day out clause for either party. Current market rents are $20-$22 PSF. 4 parking spaces in the front of the property and 4 spaces in the rear, which can be accessed from US 98 or from alleyway on Gibsonia Galloway Road. Excellent signage available.

Full Property Details

Full Property Details for 5508 US Hwy 98 N

General

Sold For: $450,000
Taxes: $3,150 (2023)
Status: Closed
Type: Office
Source: MidFloridaRegionalMLS
MLS ID: O6258449
Added to Site: 464 day(s) ago

Interior

Flooring: Carpet

Parking

Parking Features: 6 to 12 Spaces

Location

Area: 33809 - Lakeland / Polk City
County: Polk
Development Name: 33809 - Lakeland / Polk City
Subdivision: GIBSONIA
Driving Directions: North on US 98 to Gib Galloway
Direction Faces: East

Community

Community Name: 33809 - Lakeland / Polk City

Heating & Cooling

Cooling Type: Central Air, Wall/Window Unit(s)
Heating Type: Central

Utilities

Sewer: Private Sewer
Water: None
Utility Description: Public

Structural Information

# Buildings: 2
Exterior Const.: Block
Roof: Membrane
Ceiling Type: Acoustical
Square Feet: 1,880
Living Area: 1,880 Sq. Ft.
Year Built: 1978

Lot Features

Lot Size (Acres): 0.16
Lot Size (Sq. Ft.): 6,808
Lot Size: 6808
Lot Dimensions: 75 x 90
Frontage: Street Lights, Business District, Main Throrughfare
Street/Road Desc.: Asphalt

Financial Considerations

Tax Amount: $3,150.34
Tax Year: 2023

Disclosures and Reports

Ownership: Corporation
Special Conditions: None
Legal Description: GIBSONIA UNIT NO 1 PB 14 PG 39 LOTS 77 THRU 79 LESS R/W FOR US 98 LESS ADDL R/W FOR SR 35/700 AS REC IN OR 3794-377
Flood Zone Info: X
APN: 232723008000000770
Property ID: 232723008000000770

Listed and Sold by Svn Saunders Ralston Dantzler Real Estate

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— 5508 US Hwy 98 N —

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Schools

Schools serving 5508 US Hwy 98 N

School District:Polk County School District

Name	Grades	Distance
Dr. NE Roberts Elementary School 6600 Green Road, Lakeland, FL 33810	PK-5	1.2 mi
Kathleen Senior High School 1100 Red Devil Way, Lakeland, FL 33815	9-12	4.1 mi
Sleepy Hill Middle School 2215 Sleepy Hill Road, Lakeland, FL 33810	6-8	1.7 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 5508 US Hwy 98 N

Date

Details

Price

Change

Source

1/07/2025

Sold

$450,000

-9.09%

MLS

11/18/2024

Listed

$495,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

14060 US Hwy 98 N, Kathleen, FL 33849 - Photo 1

Just Listed

$165,000

14060 US Hwy 98 N Kathleen, FL 33849

Lots/Land
Active
Updated 3 days ago

2.32
Acres

Listed by Exp Realty Llc

3715 Old Dixie Hwy, Auburndale, FL 33823 - Photo 1

Just Listed

$250,000

3715 Old Dixie Hwy Auburndale, FL 33823

Single Family
Active
Updated 5 days ago

3
Beds
2
Total Baths
1,460
Sq. Ft.

Listed by Can Do Team (863) 289-6789

2905 Paul Buchman Hwy, Plant City, FL 33563 - Photo 1

Just Listed

$225,000

2905 Paul Buchman Hwy Plant City, FL 33563

Single Family
Active
Updated 6 days ago

2
Beds
1
Total Bath
1,082
Sq. Ft.

Listed by Tracie Gesling (813) 450-9277

518 Orange St, Auburndale, FL 33823 - Photo 1

Just Listed

$90,000

518 Orange St Auburndale, FL 33823

Single Family
Active
Updated 1 day ago

3
Beds
1
Total Bath
1,049
Sq. Ft.

Listed by Milton James (407) 572-4458

5353 7th St, Highland City, FL 33846 - Photo 1

Price Reduced

-$5,000 (-1.33%)

$369,900

5353 7th St Highland City, FL 33846

Single Family
Active
Updated 1 day ago

4
Beds
3
Total Baths
1,720
Sq. Ft.

Listed by Kline Real Estate Services

8010 Franklin Rd, Plant City, FL 33565 - Photo 1

Price Reduced

-$10,000 (-2.5%)

$390,000

8010 Franklin Rd Plant City, FL 33565

Single Family
Active
Updated 2 days ago

3
Beds
2
Total Baths
1,540
Sq. Ft.

Listed by The Barbara Oskam Group (813) 220-8900

3609 Forest Path Dr, Plant City, FL 33565 - Photo 1

3609 Forest Path Dr Plant City, FL 33565

Single Family
Active
Updated 4 days ago

3
Beds
2
Total Baths
1,676
Sq. Ft.

Listed by Lynne Halleran (813) 763-1881

4449 Juliana Lake Dr, Auburndale, FL 33823 - Photo 1

Price Reduced

-$20,000 (-4.2%)

$456,146

4449 Juliana Lake Dr Auburndale, FL 33823

Single Family
Active
Updated 6 days ago

4
Beds
3
Total Baths
2,405
Sq. Ft.

Listed by Adams Homes Realty

932 Swann Dr, Lakeland, FL 33809 - Photo 1

Sold

$385,000

932 Swann Dr Lakeland, FL 33809

Office
Closed

Listed by Keller Williams Realty Smart
Sold by Lpt Realty, Llc

5626 Sawyer Rd, Lakeland, FL 33810 - Photo 1

Sold

$434,245

5626 Sawyer Rd Lakeland, FL 33810

Single Family
Closed

3
Beds
2
Total Baths
2,050
Sq. Ft.

Listed by S & D Real Estate Service Llc
Sold by Regal Real Estate Llc

5605 Driftwood Dr, Lakeland, FL 33809 - Photo 1

Sold

$395,000

5605 Driftwood Dr Lakeland, FL 33809

Single Family
Closed

4
Beds
3
Total Baths
2,379
Sq. Ft.

Listed by Century 21 Beggins Enterprises
Sold by Keller Williams Realty Smart

6504 Hereford Dr, Lakeland, FL 33810 - Photo 1

Sold

$470,000

6504 Hereford Dr Lakeland, FL 33810

Single Family
Closed

3
Beds
2
Total Baths
1,654
Sq. Ft.

Listed by Keller Williams Realty Smart
Sold by La Rosa Realty Cw Properties L

5508 US Highway 98 N, Lakeland, FL 33809 (MLS# O6258449) is a Office property that was sold at $450,000 on January 07, 2025. Want to learn more about 5508 US Highway 98 N? Do you have questions about finding other Office real estate for sale in Lakeland? You can browse all Lakeland real estate or contact a Coldwell Banker agent to request more information.

5508 US Hwy 98 N Lakeland, FL 33809