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Image 1 - 516 W 7th St, Lakeland, Florida, 33805 - House for sale

Image 2 - 516 W 7th St, Lakeland, Florida, 33805 - House for sale

Image 3 - 516 W 7th St, Lakeland, Florida, 33805 - House for sale

Image 4 - 516 W 7th St, Lakeland, Florida, 33805 - House for sale

Image 5 - 516 W 7th St, Lakeland, Florida, 33805 - House for sale

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Image 7 - 516 W 7th St, Lakeland, Florida, 33805 - House for sale

Home For Sale In Lakeland, Florida

516 W 7th St, Lakeland, Florida, 33805

Home For Sale In Lakeland, Florida

house for sale

Listed: 06/17/24

516 W 7th St, Lakeland, Florida, 33805

2 Bed:

1 Bath:

1,080 Sq Ft Living Area:

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Price

$ 165,000

Price: Lower

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About This House

Don't miss this incredible investment opportunity! This three-bedroom, one-bathroom single-family home is now available for sale. Conveniently located near shopping, restaurants and easy interstate access. The home is currently occupied by a tenant on a month-to-month lease, with a rent amount of $800 per month, the tenant is month-to-month. This is an ideal addition to any rental portfolio. Please note that we kindly ask you not to disturb the current tenants. Contact us for more information or to schedule a viewing of this fantastic property.

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Original listing

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Lakeland Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
May 2024	$245,450 (-4.8%)
Apr 2024	$257,781 (0%)
Mar 2024	$257,781 (0%)
Feb 2024	$257,781 (0%)
Jan 2024	$257,781 (-1.5%)
Dec 2023	$261,783 (+5.1%)

In May 2024, the asking price for 2 bed houses for sale in/near Lakeland, United States averaged $245,450, a decrease of 4.8% from the previous month.

Median price trends for properties for sale in Lakeland, United States as of May 2024.

Household Income

Median household income: $42,033

Number of households: 40,443

The average household income in Lakeland, FL grew from $40,918 to $42,033 in the past year. This data is an estimate based upon 40,443 households in Lakeland, FL.
The chart below presents how household income is distributed in Lakeland, FL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lakeland, FL compared to median property taxes around the country. The prevalent amount of property taxes in Lakeland, FL equals <$800 , which is less than the national average.