Zoned Multi-Family Development
For Sale
$65,000
515 West Magnolia Street, Lakeland, FL 33815
Land lot zoned MF-22, offered as one of two adjacent parcels to be purchased together.
Property SizeContact for details
Days on Market646
Property Features for 515 West Magnolia Street
General Information
Standard status
Active
Property subtype
Land
Zoning
MF-22
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$220
Amenities
No
Square Feet
Listing Agency:
LA ROSA REALTY PRESTIGE
Listed By:
Stephen Morgan · License #3559031
(863) 513-2532
Source:
Compass
Added: Jan 14, 2025
Changed: Oct 21
Last Checked: Oct 20 at 11:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LA ROSA REALTY PRESTIGE
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Investment Insights
Based on property information with market context.
This offering includes a single land lot zoned MF-22 and part of a two-parcel package that must be purchased together. The property is presented as suitable for multi-family residential development, with the adjacent parcel included to support a larger-scale project when both lots are acquired.
The location is described as centrally positioned in Lakeland, with convenient access to I-4 and proximity to major hospitals, shopping, and downtown. The listing advises buyers to complete their own due diligence and any inspections they deem necessary to confirm fit for their intended use.
Zoning classification is MF-22, and the parcels are intended to be developed in combination, since purchasing both parcels is required for the transaction.
The location is described as centrally positioned in Lakeland, with convenient access to I-4 and proximity to major hospitals, shopping, and downtown. The listing advises buyers to complete their own due diligence and any inspections they deem necessary to confirm fit for their intended use.
Zoning classification is MF-22, and the parcels are intended to be developed in combination, since purchasing both parcels is required for the transaction.
Key Highlights
- Land lot zoned MF‑22, offered as one of two adjacent parcels to be purchased together
- Adjacent‑lot development potential: both parcels must be purchased together for a larger‑scale project
- Zoned MF‑22 and described as suitable for multi‑family residential construction
Property Analytics
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Open Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,931
Businesses Nearby
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Business Placement
Demographics for 33815, FL
15,681
Population
7,646
Households
2.1
Avg Household Size
40
Median Age
11%
College-Educated
80%
High-School Grad
7.4 sq mi
ZIP Area
2,119
Density / Sq Mi
$36,445
Median Household Income
$32,637
Median Earnings
$1,078
Median Rent
$42,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land lot zoned MF-22, offered as one of two adjacent parcels to be purchased together.
Where is this residential land & home lot located?
The property is located at 515 West Magnolia Street Lakeland, FL.
What is the asking price?
The asking price for this property is $65,000.
What are key features of this property?
This property features: Land lot zoned MF‑22, offered as one of two adjacent parcels to be purchased together; Adjacent‑lot development potential: both parcels must be purchased together for a larger‑scale project; Zoned MF‑22 and described as suitable for multi‑family residential construction
