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 on 12/24/24
$265,000
5315 Banana Lake Rd, Lakeland, FL 33812
3beds
3,519sqft
Single Family Residence
Built in 1979
0.6 Acres Lot
$255,600 Zestimate®
$75/sqft
$3,100 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 28, 2024 at 12:51pm
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

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
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Estimated market value
$255,600