506 S MCKAY AVENUE, Lakeland, FL, 33801
About This Home
Welcome home to this 2 bedroom, 2 bathroom home ideally located just minutes from Lake Morton, the Polk Museum of Art, and the Lakeland Public Library. This inviting residence features beautiful wood flooring throughout and offers a bright, airy atmosphere that feels like home the moment you walk in. The seller has completed several valuable updates, including a new roof with premium Dow Corning shingles (October 2021), a newer water heater, and a fresh paint job using high-quality Behr Emerald paint. The home was professionally treated and maintained by Orkin for termite prevention, providing added peace of mind. Additional features include an LG remote-controlled window A/C unit, washer and dryer, and a spacious outdoor storage shed perfect for tools, hobbies, or extra storage needs. Conveniently located near downtown Lakeland's dining, shopping, parks, and cultural attractions, this well-maintained property offers comfort, character, and an exceptional location. Don't miss this opportunity to own a move-in ready home in the heart of Lakeland!
Getting Around
Somewhat Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1927
Materials
- Foundation: Crawlspace
- Roof: Shingle
- Construction materials: Wood Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Microwave,Range,Refrigerator,Washer
- Laundry features: Inside
Bathroom1
- Level: First
Bathroom2
- Level: First
Bedroom2
- Features: Built-in Closet
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Ceiling Fan(s)
- Window features: Window Treatments
- Flooring: Laminate,Hardwood
- Fireplace features: Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: None
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 1,200
- Total interior livable area: 885 sqft
Kitchen
- Level: First
Living Room
- Level: First
Primary Bedroom
- Features: Built-in Closet
- Level: First
Property
Details
- Parcel number: 242819237000002090
- Zoning: MF-12
- Special condition: None
Features
- Levels: One
- Stories: 1
- Exterior features: Storage
Lot
- Lot size: 6,525 sqft
Parking
- Total spaces: 1
- Parking features: Carport
- Covered spaces: 1
- Carport: Yes
- Carport spaces: 1
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
- Hurricane
- Lightning
- Strong Wind
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 | $1,087 | $13,044 |
| Home Insurance * | $183 | $2,196 |
| Property Taxes | $326 | $3,912 |
| Electricity | $197 | $2,366 |
| Total | $1,793 | $21,516 |
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 |
|---|---|---|
| 2026-08-01 | Price change | $215,000 |
| 2026-06-25 | Listed for sale | $245,000 |
| 2026-06-22 | Price change | $1,650 |
| 2026-03-05 | Price change | $1,700 |
| 2025-12-05 | Listed for rent | $1,800 |
| 2018-06-29 | Listing removed | $950 |
| 2018-05-26 | Listed for rent | $950 |
| 2016-09-29 | Listing removed | $850 |
| 2014-07-30 | Listing removed | $770 |
| 2014-07-01 | Listed for rent | $770 |
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