Discover this unique investment gem in South Lakeland, perfect for savvy investors and homeowners alike. This one-of-a-kind property offers 1,485 sq ft of charming living space, complemented by a 594 sq ft finished basement, ideal for extra living or entertainment. Additionally, an out-building with 1,440 sq ft of air-conditioned space awaits, providing endless possibilities for work, hobbies, or guest accommodations. The main house features a distinctive wrap-around porch with a 1,504 sq ft screened enclosure, perfect for enjoying the outdoors in comfort. Set on a lush 0.6-acre lot with mature landscaping, this home provides a private, nature preserve-like atmosphere. The property also includes a convenient 3-car garage accessible via a paved driveway. While some repairs and updates are needed, the potential for value appreciation makes this an exceptional investment opportunity! Conveniently located near excellent schools, Banana Lake, shopping, entertainment, and a nearby Publix, this property offers both tranquility and accessibility. It's the perfect blend of nature, privacy, and convenience. Schedule a private showing and don’t miss out on the chance to own a piece of South Lakeland’s unique real estate!
Sold for $265,000
$265,000
5315 Banana Lake Rd, Lakeland, FL 33812
3beds
3,519sqft
Single Family Residence
Built in 1979
0.6 Acres Lot
$262,300 Zestimate®
$75/sqft
$2,387 Estimated rent
Home value
$262,300
$233,000 - $294,000
$2,387/mo
Zestimate® history
Owner options
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$2,387/mo
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$2,387/mo
Rent Zestimate®
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$1,753/mo
Est. payment
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$1,753/mo
Est. payment
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List your homeWhat's special
Distinctive wrap-around porchPrivate nature preserve-like atmosphereMature landscaping
Zillow last checked:
Listing updated:
Listing Provided by:
William Kilpatrick 863-669-8090,
KELLER WILLIAMS TAMPA CENTRAL 813-865-0700,
Rayven Mejia 570-439-5268,
KELLER WILLIAMS REALTY SMART
Bought with:
Sam Daniels, 3440593
KELLER WILLIAMS REALTY SMART 1
Source: Stellar MLS,MLS#: T3541967
Originating MLS: Pinellas Suncoast
Originating MLS: Pinellas Suncoast
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Built-in Closet
- Level: First
- Dimensions: 14x14
Bedroom 2
- Features: Built-in Closet
- Level: First
- Dimensions: 11x12
Bedroom 3
- Features: Built-in Closet
- Level: First
- Dimensions: 11x12
Primary bathroom
- Level: First
- Dimensions: 10x18
Kitchen
- Level: First
- Dimensions: 20x13
Living room
- Level: First
- Dimensions: 21x17
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator, Tankless Water Heater, Trash Compactor
- Laundry: Inside
Features
- High Ceilings
- Flooring: Carpet, Tile, Hardwood
- Basement: Finished,Interior Entry
- Has fireplace: No
Interior area
- Total structure area: 3,583
- Total interior livable area: 3,519 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Screened, Wrap Around
- Exterior features: Private Mailbox, Rain Gutters, Storage
Lot
- Size: 0.60 Acres
- Residential vegetation: Mature Landscaping
Details
- Parcel number: 242910000000042110
- Zoning: RE-1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Wood Frame
- Foundation: Basement, Block
- Roof: Metal
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected
Community & neighborhood
Location
- Region: Lakeland
- Subdivision: NOT IN SUBDIVISION
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: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/24/2024 | Sold | $265,000-11.4%$75/sqft |
Source:  Stellar MLS #T3541967 Report a problem | ||
| 9/10/2024 | Pending sale | $299,000$85/sqft |
Source: Stellar MLS #T3541967 Report a problem | ||
| 8/23/2024 | Price change | $299,000-8%$85/sqft |
Source: Stellar MLS #T3541967 Report a problem | ||
| 8/8/2024 | Price change | $325,000-7.1%$92/sqft |
Source: Stellar MLS #T3541967 Report a problem | ||
| 7/25/2024 | Listed for sale | $350,000$99/sqft |
Source: Stellar MLS #T3541967 Report a problem | ||
| 7/23/2024 | Pending sale | $350,000$99/sqft |
Source: Stellar MLS #T3541967 Report a problem | ||
| 7/18/2024 | Listed for sale | $350,000$99/sqft |
Source: Stellar MLS #T3541967 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,437 +166.6% | $228,721 +98.2% |
| 2024 | $914 +3.5% | $115,402 +3% |
| 2023 | $884 -3.1% | $112,041 +3% |
| 2022 | $912 +0.3% | $108,778 +3% |
| 2021 | $909 +1.2% | $105,610 +1.4% |
| 2020 | $898 -42.7% | $104,152 -18% |
| 2019 | $1,568 -21.3% | $126,963 -12.4% |
| 2018 | $1,993 +4% | $144,880 +29.4% |
| 2017 | $1,916 +62.3% | $111,987 +6.3% |
| 2016 | $1,180 -8.9% | $105,348 -4.7% |
| 2015 | $1,295 -11.8% | $110,529 +5.7% |
| 2014 | $1,468 +25.5% | $104,544 +3.7% |
| 2013 | $1,170 +4.7% | $100,855 +2.7% |
| 2012 | $1,118 -5.2% | $98,166 -2.8% |
| 2011 | $1,179 +6.5% | $101,000 +6% |
| 2010 | $1,107 -26.9% | $95,298 -17.4% |
| 2009 | $1,515 -5.7% | $115,330 -9.8% |
| 2008 | $1,607 | $127,835 |
| 2007 | -- | -- |
| 2006 | $971 | -- |
| 2005 | -- | -- |
| 2004 | $841 +2.9% | -- |
| 2003 | $818 +1.2% | $74,573 +2.4% |
| 2002 | $808 +2.5% | $72,825 +1.6% |
| 2001 | $788 | $71,678 |
Find assessor info on the county website
Neighborhood: 33812
Nearby schools
GreatSchools rating
- 5/10Highland City Elementary SchoolGrades: PK-5Distance: 1 mi
- 3/10Bartow Middle SchoolGrades: 6-8Distance: 7.1 mi
- 3/10Bartow Senior High SchoolGrades: 9-12Distance: 6.8 mi
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Estimated market value
$262,300
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
$262,300
- Florida
- Polk County
- Lakeland
- 33812
- 5315 Banana Lake Rd
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