Under contract-accepting backup offers. Handyman Special – Exceptional Investment Opportunity in South Lakeland! Located in one of South Lakeland’s most sought-after neighborhoods, this mid-century 3 bedroom/1 bath property is a prime candidate for renovation. Featuring a newer roof (2020), along with recently updated electrical panel and water heater, it’s ready for your vision. Whether you're an investor or a DIY enthusiast, this is the perfect project to transform into your custom dream home, long-term rental, or a profitable flip. Enjoy the convenience of being minutes away from top-rated schools, premier golf courses, tennis clubs, and the newly expanded YMCA. In addition you will find many shops, dining, and the nearby Polk Parkway for easy access to the interstate. Opportunities like this—combining location, potential, and value—don’t come around often. Please note: There are visible and apparent signs of structural concerns. Buyers are encouraged to perform their own due diligence. All sizes are approximate and be verified by buyers and their agents. Sold As-Is with right to inspect. Cash Only offers! Termite Sentricon System is in place and serviced. Check out the 3D Virtual Tour!
Pending
$160,000
503 Carolyn Dr, Lakeland, FL 33803
3beds
920sqft
Est.:
Single Family Residence
Built in 1954
0.26 Acres Lot
$-- Zestimate®
$174/sqft
$-- HOA
What's special
Newer roofWater heaterRecently updated electrical panel
- 8 days
- on Zillow |
- 1,137 |
- 60 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 23, 2025 at 08:55am
Listing Provided by:
Petra Norris 863-712-4207,
LAKELAND REAL ESTATE GROUP 863-619-6918
Source: Stellar MLS,MLS#: L4952246
Originating MLS: Lakeland


Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Storage Rooms
Primary bedroom
- Features: Ceiling Fan(s), Built-in Closet
- Level: First
- Area: 117 Square Feet
- Dimensions: 13x9
Bedroom 2
- Features: Ceiling Fan(s), Built-in Closet
- Level: First
- Area: 99 Square Feet
- Dimensions: 11x9
Bedroom 3
- Features: Ceiling Fan(s), Built-in Closet
- Level: First
- Area: 81 Square Feet
- Dimensions: 9x9
Bathroom 1
- Features: Single Vanity
- Level: First
- Area: 35 Square Feet
- Dimensions: 7x5
Dinette
- Features: Ceiling Fan(s)
- Level: First
- Area: 56 Square Feet
- Dimensions: 8x7
Kitchen
- Level: First
- Area: 64 Square Feet
- Dimensions: 8x8
Living room
- Features: Ceiling Fan(s)
- Level: First
- Area: 168 Square Feet
- Dimensions: 14x12
Heating
- None
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dryer, Electric Water Heater, Range, Refrigerator, Washer
- Laundry: Other
Features
- Ceiling Fan(s)
- Flooring: Linoleum, Tile
- Windows: Blinds
- Has fireplace: No
Interior area
- Total structure area: 1,438
- Total interior livable area: 920 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch
- Exterior features: Storage, Rain Gutters, Private Mailbox
- Fencing: Fenced
Lot
- Size: 0.26 Acres
- Features: City Lot, Landscaped
- Residential vegetation: Mature Landscaping, Oak Trees
Details
- Parcel number: 242831261800001270
- Zoning: RES
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Water Connected
Community & HOA
Community
- Subdivision: HIGHLAND HILLS
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Lakeland
Financial & listing details
- Price per square foot: $174/sqft
- Tax assessed value: $190,734
- Annual tax amount: $238
- Date on market: 4/18/2025
- Listing terms: Cash
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
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