2408 E Magnolia St, Lakeland, FL, 33801
About This Home
Investors alert! Cute and completely remodeled 2-bedroom, 1-bathroom home, featuring modern finishes and a fresh, stylish design throughout. The kitchen has beautiful granite countertops and brand-new appliances. Enjoy the freedom of no HOA and a spacious lot that offers plenty of room to garden or store tools and toys. A large storage building in the backyard, already equipped with A/C, provides endless possibilities—it can easily be converted into an efficiency unit for guests or an additional source of income. Perfect for investors looking for a low-maintenance, move-in-ready property with immediate rental income in place. One or more photo(s) has been virtually staged.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1948
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Stucco
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Water Heater,Microwave,Range,Refrigerator
- Laundry features: Inside
Bedroom2
- Features: Built-in Closet
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Kitchen/Family Room Combo
- Flooring: Laminate
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 730
- Total interior livable area: 730 sqft
Kitchen
- Features: No Closet
- Level: First
Living Room
- Features: No Closet
- Level: First
Primary Bedroom
- Features: Built-in Closet
- Level: First
Property
Details
- Parcel number: 242816187500034160
- Zoning: R-2
- Special condition: None
Features
- Levels: One
- Stories: 1
- Exterior features: None
Lot
- Lot size: 6,882 sqft
- Lot size dimensions: 50 x 138
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Strong Wind
- Hurricane
How This Home’s Risks Compare
FEMA Declared Disasters in Polk County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,006 | $12,072 |
| Home Insurance * | $170 | $2,040 |
| Property Taxes | $328 | $3,936 |
| Electricity | $197 | $2,366 |
| Total | $1,701 | $20,412 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-06 | Price change | $202,000 |
| 2026-04-17 | Price change | $212,900 |
| 2026-03-03 | Listing removed | $1,375 |
| 2026-02-10 | Listed for rent | $1,375 |
| 2026-02-10 | Listing removed | $1,375 |
| 2026-01-08 | Listed for sale | $214,900 |
| 2025-12-20 | Listed for rent | $1,375 |
| 2025-12-02 | Listing removed | $214,900 |
| 2025-10-27 | Listed for sale | $214,900 |
| 2025-07-18 | Sold | $100,800 |
| 2017-12-11 | Listing removed | $800 |
| 2017-12-06 | Listed for rent | $800 |
| 2013-09-18 | Listing removed | $700 |
| 2013-08-10 | Listed for rent | $700 |
| 2005-12-30 | Sold | $95,000 |
| 2002-12-23 | Sold | $16,800 |
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