505 W 5TH STREET Lakeland, FL $ 230,000
505 W 5TH STREET
$ 230,000
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505 W 5TH STREET

Lakeland, FL, 33805
$ 230,000
Bedrooms2 Baths1.0 Sq 816

Monthly Estimate*

$ 1,416

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Single Family Home for sale in Lakeland, FL

for $230,000 with 2 bedrooms and 1 full bath. This 816 square foot home was built in 1950 on a lot size of 0.2.

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.

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Single Family Active

Price

$ 230,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 1,629

Style

Ranch

Lot Size

0.2

Year Built

1950

Town/City

Lakeland

County/Region

Polk

MLS | Web ID

L4958915

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities BB/HS Internet Available Electricity Connected Phone Available Public Water Connected
Roof Shingle
Appliances Dishwasher Microwave Range Refrigerator
Zoning RA-4
Patio/Porch Features Covered Front Porch
Architectural Style Ranch
Construction Materials Block Stucco
Year Built 1950
View Park/Greenbelt
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Community Features Park Playground Sidewalks
County Polk
New Construction false
Property Type Residential
Subdivision Name ADAIRS ADD
Facing Direction South
Garage Y/N false
Total Rooms 3
Full Baths 1
Status Active
Directions South on Bartow Rd E on Martin Luther King Jr Ave and West on 5th Street Right is on the right.
High School Tenoroc Senior
City LAKELAND
Senior Community Y/N false
MLS Area 33805 - Lakeland / Gibsonia
Lot Size Units Square Feet
Lot Size Square Feet 8729
Carport Y/N false
Listing Terms Cash Conventional FHA VA Loan
Elementary School Carlton Palmore Elem
Land Lease Y/N false
Tax Annual Amount 1629.11
Middle/Junior High School Lakeland Highlands Middl
Additional Parcels Y/N false
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/L4958915
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 1
Legal Description ADAIRS ADD PB 3 PG 13 BLK D LOT 1 LESS R/W FOR DAKOTA AVE & LOT 2
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Ceiling Fan(s) Living Room/Dining Room Combo Open Floorplan Solid Wood Cabinets Stone Counters Window Treatments
Flooring Ceramic Tile
Furnished Y/N Unfurnished
Common Walls Corner Unit
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N false
Half Baths 0
Laundry Features Inside
Total Bedrooms 2
Total Baths 1
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Exterior
Exterior Amenities Sidewalk
Fencing Chain Link Fenced
Lot Features Sidewalk
Water Source Public
Lot Size Area 8729
Foundation Details Slab
Building Area Total 841
Lot Size Acres 0.2
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Road Frontage Type Street Paved
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* Excluded Features
List By
Dory Rodriguez Joseph Re Llc

Broker

doryjoseph@icloud.com

Email

Affordability Calculator

$1,552
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,416
Monthly Property Taxes
$136
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Tenoroc Senior High School High School
Pricing History
DatePricePrice ChangeDescription
1/27/2026$230,000 Listed Price

Map


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505 W 5TH STREET, Lakeland, FL, 33805 is a Single Family Home for sale at $230,000 with 816 sqft and a lot size of 0.2. 505 W 5TH STREET has 2 bedrooms, 1.0 baths, and was built in 1950. The property's zip code is 33805 which is in Lakeland, FL