For sale

Price cut: $5K (8/21)

$545,000

503 PRADO PLACE, LAKELAND, FL 33803

6beds

2,045sqft

$3,571/mo

Get pre-qualified

Single Family Residence

Built in 1948

0.47 Acres Lot

$534,000 Zestimate^®

$267/sqft

$-- HOA

What's special

Attention Investors or someone wanting a beautiful Lakeland property centrally located to downtown and colleges. This 6 bedroom 6 bath pool home sits on an oversized lot and offers all the amenities for a family or for the savvy investor looking for their next opportunity. The thoughtfully designed layout makes the functionality of this home both practical and inviting. The secluded pool provides an oasis to relax and enjoy the Florida lifestyle. Many additional spaces exist to tailor your lifestyle needs in this home The well equipped kitchen to the inviting bedrooms each with a private bath, make this home versatile while maintaining elegance. The yard is completely fenced in for privacy. This home is close to shopping, public transit , Florida Southern University, Lake Hollingsworth and downtown Lakeland.

40 days
380
25

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 6
Full bathrooms: 6

Primary bedroom

Features: Built-in Closet
Level: First
Area: 121 Square Feet
Dimensions: 11x11

Bedroom 2

Features: Built-in Closet
Level: First
Area: 121 Square Feet
Dimensions: 11x11

Bedroom 4

Features: Built-in Closet
Level: First
Area: 121 Square Feet
Dimensions: 11x11

Bathroom 1

Level: First
Area: 64 Square Feet
Dimensions: 8x8

Bathroom 3

Level: First
Area: 121 Square Feet
Dimensions: 11x11

Kitchen

Level: First
Area: 100 Square Feet
Dimensions: 10x10

Living room

Level: First
Area: 168 Square Feet
Dimensions: 14x12

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator
Laundry: Laundry Room

Features

Ceiling Fan(s), Living Room/Dining Room Combo
Flooring: Luxury Vinyl
Windows: Window Treatments
Has fireplace: Yes
Fireplace features: Master Bedroom, Wood Burning
Furnished: Yes

Interior area

Total structure area: 2,605
Total interior livable area: 2,045 sqft

Video & virtual tour

View virtual tour

Property

Features

Levels: One
Stories: 1
Exterior features: Private Mailbox, Private Yard
Has private pool: Yes
Pool features: Auto Cleaner, Gunite
Spa features: In Ground

Lot

Size: 0.47 Acres
Dimensions: 150 x 137
Residential vegetation: Mature Landscaping, Trees/Landscaped

Details

Additional structures: RV/Boat Storage, Storage
Parcel number: 232836138500001212
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Block
Foundation: Slab
Roof: Shingle

Condition

Completed
New construction: No
Year built: 1948

Utilities & green energy

Sewer: Public Sewer
Water: None
Utilities for property: Cable Connected, Electricity Connected

Community & HOA

Community

Security: Smoke Detector(s)
Pet fee: $0 monthly
Subdivision: PALMOREY SUB

HOA

Has HOA: No

Location

Region: Lakeland

Financial & listing details

Price per square foot: $267/sqft
Tax assessed value: $351,634
Annual tax amount: $6,343
Date on market: 7/24/2026
Cumulative days on market: 35 days
Listing terms: Cash,Conventional,FHA,VA Loan
Ownership: Fee Simple
Total actual rent: 0
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$534,000

$507,000 - $561,000

$3,023/mo

Price history

Date	Event	Price
8/21/2026	Price change	$545,000-0.9%$267/sqft
Source: Stellar MLS #TB8528862 Report a problem
7/24/2026	Listed for sale	$550,000+34.1%$269/sqft
Source: Stellar MLS #TB8528862 Report a problem
4/4/2024	Sold	$410,000-5.7%$200/sqft
Source: Stellar MLS #T3496196 Report a problem
2/7/2024	Pending sale	$435,000$213/sqft
Source: Stellar MLS #T3496196 Report a problem
1/24/2024	Listed for sale	$435,000+55.4%$213/sqft
Source: Stellar MLS #T3496196 Report a problem
12/27/2023	Sold	$280,000-38.5%$137/sqft
Source: Public Record Report a problem
10/3/2023	Listed for sale	$455,000+166.1%$222/sqft
Source: MIAMI #A11463143 Report a problem
6/22/2017	Sold	$171,000-7.1%$84/sqft
Source: Public Record Report a problem
5/19/2017	Listed for sale	$184,000$90/sqft
Source: REALOVATIVE REALTY #T2862752 Report a problem
5/19/2017	Pending sale	$184,000$90/sqft
Source: REALOVATIVE REALTY #T2862752 Report a problem
4/27/2017	Listed for sale	$184,000+32.4%$90/sqft
Source: REALOVATIVE REALTY #T2862752 Report a problem
12/19/2014	Listing removed	$139,000$68/sqft
Source: THE WILMOTH GROUP (777418) #T2712928 Report a problem
8/23/2014	Listed for sale	$139,000+31.3%$68/sqft
Source: THE WILMOTH GROUP (777418) #T2712928 Report a problem
8/6/2013	Sold	$105,900-28.9%$52/sqft
Source: Public Record Report a problem
8/6/2003	Sold	$149,000+38%$73/sqft
Source: Public Record Report a problem
12/19/2000	Sold	$108,000+53.4%$53/sqft
Source: Public Record Report a problem
8/16/1996	Sold	$70,400$34/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,344 -1%	$351,634 -0.9%
2024	$6,406 +79.4%	$354,830 +48.8%
2023	$3,571 +2.8%	$238,494 +3%
2022	$3,473 +0.6%	$231,548 +3%
2021	$3,452 +0.9%	$224,804 +1.4%
2020	$3,422 +0.6%	$221,700 +2.3%
2019	$3,401	$216,716 +1.9%
2018	$3,401 +1.3%	$212,675 +17.5%
2017	$3,356 -11.4%	$181,062 -4.5%
2016	$3,787 +2.6%	$189,573 +4.5%
2015	$3,692 +18.4%	$181,472 +9.6%
2014	$3,117 +109.7%	$165,629 +44%
2013	$1,487 -2.8%	$115,029 -1.3%
2012	$1,529 -8.7%	$116,548 -7.3%
2011	$1,676 -2.3%	$125,727 -0.1%
2010	$1,714 -21.3%	$125,806 -14.9%
2009	$2,179 +6.2%	$147,816 +0.1%
2008	$2,051	$147,668
2007	--	--
2006	$2,412	--
2005	--	--
2004	--	--
2003	$2,443 +1410.8%	$118,070 +1400.3%
2002	$162	$7,870
2001	$162	$7,870