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Sold for $368,000
  • $368,000

    5026 N Socrum Loop Rd, Lakeland, FL 33809

    3beds
    1,870sqft
    Single Family Residence
    Built in 1967
    0.44 Acres Lot
    $367,700 Zestimate®
    $197/sqft
    $2,734 Estimated rent

    Home value

    $367,700

    $346,000 - $393,000

    $2,734/mo

    Zestimate® history
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    $2,430/mo

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    What's special

    Spacious ranch-style homeLarge lotDirect lake frontage
    Rare Lake Gibson Waterfront Opportunity – Priced to Sell As-Is. Don't miss this incredible chance to own a direct waterfront home on the highly sought-after Lake Gibson in Lakeland, FL! This spacious ranch-style home sits on a large lot with direct lake frontage, and unobstructed panoramic views of one of Polk County's most popular ski lakes — a view you simply can't replicate at this price point. The big-ticket items are already done — the roof and AC are only 4 years old, saving the next owner thousands right out of the gate. The seller has also already invested $15,000 in demo work — flooring, kitchen, fireplace, and rear landscaping have been cleared — giving you a true clean slate to design and finish this home exactly the way you want it. Exposed concrete floors run throughout, original wood beam ceilings add character to the main living areas, and the layout offers great functionality throughout. Multiple sliding glass doors open directly toward the water, flooding the home with natural light and lake breezes from every angle. Whether you're an investor, flipper, or a buyer ready to build their dream lakefront retreat, this property checks every box. Bring your contractor and your imagination — the hard part is already done. Financing: Cash, Conventional, and Rehab (203k/renovation) loans accepted. All buyers must be pre-approved through our preferred lender prior to showing (buyer may use any lender of their choice). Cash buyers must provide proof of funds. Sold strictly As-Is. Seller will make no repairs. Call today — Lake Gibson waterfront properties at this price point do not last! ***NEW Drainfield as of 4/23/2026***

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Vincent Reina 863-398-6243,

    HAVEN REALTY & INVESTMENTS 863-333-5053

    Bought with:

    Kevin Wilhelm, 3292302

    MLSB THE BUREAU POWERED BY CAROM REALTY

    Source: Stellar MLS,MLS#: P4938166MLS LogoOriginating MLS: East Polk

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    • Area: 180 Square Feet
    • Dimensions: 15x12
    Kitchen
    • Features: No Closet
    • Level: First
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Living room
    • Features: No Closet
    • Level: First
    • Area: 252 Square Feet
    • Dimensions: 21x12
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Microwave, Refrigerator, Washer
    • Laundry: None
    Features
    • None
    • Flooring: Other
    • Has fireplace: No
    Interior area
    • Total structure area: 2,488
    • Total interior livable area: 1,870 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: None
    • Has view: Yes
    • View description: Water, Lake
    • Has water view: Yes
    • Water view: Water,Lake
    • Waterfront features: Lake Front, Lake Privileges
    • Body of water: LAKE GIBSON
    Lot
    • Size: 0.44 Acres
    • Dimensions: 91 x 177
    • Features: Sidewalk
    Details
    • Parcel number: 242730000000032030
    • Zoning: R-2
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Foundation: Block
    • Roof: Shingle
    Condition
    • Fixer
    • New construction: No
    • Year built: 1967

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Electricity Connected

    Community & neighborhood

    Location
    • Region: Lakeland
    • Subdivision: NONE

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Listing terms: Cash,Conventional,Other
    • Ownership: Fee Simple
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    5/26/2026Sold$368,000-6.8%$197/sqft
    Source: Stellar MLS #P4938166 Report a problem
    5/8/2026Pending sale$395,000$211/sqft
    Source: Stellar MLS #P4938166 Report a problem
    4/20/2026Price change$395,000-3.7%$211/sqft
    Source: Stellar MLS #P4938166 Report a problem
    3/19/2026Listed for sale$410,000+21.8%$219/sqft
    Source: Stellar MLS #P4938166 Report a problem
    7/1/2025Sold$336,500-3.8%$180/sqft
    Source: Stellar MLS #L4953255 Report a problem
    6/3/2025Pending sale$349,900$187/sqft
    Source: Stellar MLS #L4953255 Report a problem
    5/30/2025Listed for sale$349,900$187/sqft
    Source: Stellar MLS #L4953255 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,000 +3.5%$156,988 +2.9%
    2024$1,933 +3.1%$152,564 +3%
    2023$1,875 +3.3%$148,120 +3%
    2022$1,814 +1%$143,806 +3%
    2021$1,796 +1.1%$139,617 +1.4%
    2020$1,776 +1%$137,689 +2.3%
    2019$1,758 $134,593 +1.9%
    2018$1,758 +1.7%$132,083 +2.1%
    2017$1,730 +4%$129,366 +2.1%
    2016$1,664 -1.2%$126,705 +0.7%
    2015$1,683 +8.9%$125,824 +0.8%
    2014$1,545 -3.9%$124,825 +1.5%
    2013$1,609 +1.7%$122,980 +1.7%
    2012$1,582 -1.9%$120,924 -2.8%
    2011$1,613 -4%$124,445 -1.4%
    2010$1,680 -9.9%$126,172 -6.3%
    2009$1,864 +6.4%$134,663 +0.1%
    2008$1,752 $134,528
    2007-- --
    2006$2,090 --
    2005-- --
    2004$1,922 -17.4%--
    2003$2,326 +0.7%$116,240
    2002$2,309 +9.6%$116,240 +9.6%
    2001$2,107 $106,050

    Find assessor info on the county website

    Neighborhood: 33809

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $367,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $367,700