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$120,000 Just Listed
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Property Description
Positioned on an expansive 0.69-acre lot, this 3-bedroom, 1-bath property presents a rare opportunity for investors and visionaries ready to unlock its full potential. With a durable 5 year old metal roof already in place and a footprint that lends itself to thoughtful redesign, this home is primed for a strategic renovation that can significantly increase value-whether as a long-term rental, short-term income property, or a personalized Florida retreat. The interior layout offers defined living spaces ready for modernization, while the dedicated laundry room adds everyday functionality. Step outside to the screened covered porch that overlooks a generously sized backyard that also includes a large storage shed-ideal for expansion, outdoor living enhancements, or future improvements that elevate both lifestyle and resale appeal. Equipped with a private well and septic system, the property offers the advantage of reduced monthly utility expenses-an attractive feature for both investors focused on cash flow and homeowners seeking lower operating costs. Large parcels at this price point are increasingly difficult to find. If you're searching for land, flexibility, and upside potential, this is a property that deserves a closer look. Schedule your private showing and explore the possibilities firsthand.
Full Property Details
Full Property Details for 515 Lemon St
General
- Price: $120,000
- Taxes: $987 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: S5144835
- Updated: Today (3/2/2026)
- Added to Site: Today
Rental Information
- Min. Lease: 7 Months
Interior
- Number of Rooms: 7
- Interior Features: Ceiling Fan(s)
- Appliances: Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Ceramic Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry Room, Outside
Exterior
- Exterior Features: Other
Location
- Area: 33860 - Mulberry
- County: Polk
- Development Name: 33860 - Mulberry
- Subdivision: PINEDALE SUB
- Driving Directions: From I4 Take exit 41 for FL-570 W toward Auburndale/Lakeland/Polk Pkwy. Take the exit toward FL-37 S. Turn left onto Pinecrest Rd. Turn left at the 1st cross street onto Old State Hwy 37. Turn right onto Lemon St.
- Direction Faces: South
School Information
- Elementary School: Purcell Elem
- Middle School: Mulberry Middle
- High School: Mulberry High
Community
- Community Name: 33860 - Mulberry
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Exterior Const.: Block
- Roof: Metal
- Stories/Levels: One
- Square Feet: 1,176
- Sq. Ft. Source: Public Records
- Year Built: 1976
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 0.69
- Lot Size (Sq. Ft.): 29,847
- Lot Size: 29847
- Lot Dimensions: 150 x 200
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $987.1
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: PINEDALE SUB PB 36 PG 30 LOT 37
- Flood Zone Info: X
- APN: 233024156600000370
- Property ID: 233024156600000370
Listed by Lpt Realty, Llc
Get Pre-Approved Today
Schools
Schools serving 515 Lemon St
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Purcell Elementary School 305 Southwest 1st Avenue, Mulberry, FL 33860 | PK-5 | 2.7 mi |
Mulberry Middle School 500 Southeast Drive Martin Luther King Junior Avenue, Mulberry, FL 33860 | 6-8 | 2.5 mi |
Mulberry Senior High School 4th Circle Ne, Mulberry, FL 33860 | 9-12 | 3.1 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 Lemon St
Date
Details
Price
Change
Source
3/02/2026
Listed
$120,000
79.1%
MLS
2/18/2000
Sold
$67,000
—
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 Lemon St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$227
-73%
$41,907
3%
2024
$846
23%
$40,726
3%
2023
$688
8%
$39,540
6%
2021
$638
-1%
$37,270
-3%
2022
$643
1%
$38,388
4%
2021
$638
11%
$36,755
2%
2019
$576
8%
$35,929
2%
2017
$533
—
$35,259
2%
2017
$533
10%
$34,534
2%
2016
$484
—
$33,824
1%
2015
$483
7%
$33,589
1%
2014
$452
1%
$33,322
1%
2013
$447
—
$32,830
—
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 Lemon St
515 Lemon Street, Mulberry, FL 33860 (MLS# S5144835) is a Single Family property with 3 bedrooms and 1 full bathroom. 515 Lemon Street is currently listed for $120,000 and was received on March 02, 2026. Want to learn more about 515 Lemon Street? Do you have questions about finding other Single Family real estate for sale in Mulberry? You can browse all Mulberry real estate or contact a Coldwell Banker agent to request more information.

