Property
ActiveLand
1/3
$65,000

515 W MAGNOLIA STREET

Lakeland, FL 33815
0
Beds
0
Baths
0
SqFt
0.12
Acres
STELLAR
#P4933408
Updated: Jan 27, 2026, 1:53pm

Property Description

Exceptional investment opportunity! Two adjacent lots for sale (each priced individually; see MLS# P4933411). Both parcels must be purchased together. Ideal for multi-family residential development. Located in the growing city of Lakeland, centrally positioned between Tampa and Orlando, with convenient access to I-4, major hospitals, shopping, and downtown. Zoned MF-22, this lot is well-suited for multi-family construction and offers strong rental income potential. Purchasing both parcels allows for a larger-scale development project. A great opportunity for builders and investors looking to capitalize on Lakeland’s continued growth and prime location. Buyers are advised to conduct their own thorough due diligence and any inspections they deem necessary to confirm that the property meets their expectations. All information provided is sourced from public records and is deemed reliable but not guaranteed.

Property Details

Site & Exterior
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
0.12
Lot Size Area
5031
Lot Size Dimensions
55 x 91
Lot Size Square Feet
5031
Lot Size Units
Square Feet
Public Survey Range
23
Public Survey Section
13
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
Electrical Nearby
Water Source
Public
Zoning
MF-22
Financials
Calculated List Price By Calculated Sq Ft
12.92
Contract Status Change Date
2025-01-20
Current Price
65000
Feed Types
BBO
Owner Name
ON FILE
Ownership
Fee Simple
Parcel Number
232813067500006110
Price Per Acre
541667
Public Survey Township
28
Tax Annual Amount
220.13
Tax Block
F
Tax Book Number
3-19
Tax Legal Description
BOWYERS SUB PB 3 PG 19 ------ BLK F LOT 11 LESS R/W FOR SR 548 (LAKELAND IN-TOWN BYPASS) AS REC IN OR 5953 PG 2017
Tax Lot
11
Tax Year
2024
Construction
Building Area Units
Square Feet
Living Area Units
Square Feet

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33815 - Lakeland
Subdivision Name
BOWYERS SUB
Listing provided courtesy of STELLAR via IDX. Updated: Jan 27, 2026, 1:53pm.
Stephen Morgan

Listing Agent

LA ROSA REALTY PRESTIGE

Call Agent