$299,000
Pending

5315 BANANA LAKE ROAD

Lakeland, FL 33812
3583 sqft | 3 beds | 2 baths | 0.60 acres | #T3541967
Browse 41 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Under contract-accepting backup offers. 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!

  • Interior Details
      • InteriorHigh Ceilings
    • Beds & Baths
      • Bedrooms3
      • Bathrooms2
      • Full Baths2
  • Property Details
      • Exterior MaterialsPrivate Mailbox, Rain Gutters, Storage
    • Measurements
      • Square Feet3583
      • Acres0.6
    • Parking
      • Parking Spaces3
  • Construction Details
      • BasementFinished, Interior Entry
      • Property TypePurchase
    • Condition
      • Year Built1979
    • Material information
      • FoundationBasement, Block
  • Utilities / Energy Details
      • Utility FeaturesBB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected
      • Sewer InformationSeptic Tank
      • Utility SourceWell
  • Community and Neighborhood Details
      • SubdivisionNOT IN SUBDIVISION
    • Location
      • CountyPolk
  • Financial Details
      • Original List Price$350,000
      • Taxes Annual$1,403
      • Days on Market (Cumulative)59
  • Other
      • MLS #T3541967

Location

Carolyn ChristianReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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