5511 CRAIG DRIVE, Lakeland, FL, 33809
About This Home
Virtually Staged. Welcome to 5511 Craig Drive—a beautifully remodeled, move-in-ready home where the major improvements have already been completed! This 2-bedroom, 2-bathroom residence is approximately 1,498 square feet of comfortable living space with a fresh, modern interior throughout. The remodeled kitchen, updated bathrooms, flooring, fixtures, paint, and finishes create a clean and inviting atmosphere ready for its new owners. Major 2026 upgrades include a NEW ROOF, NEW A/C system. newer electrical panel providing added comfort and peace of mind. The property also features newer windows, newer plumbing, and updated sewer lines. Septic has been pumped out (June, 2026) Situated on an approximately quarter-acre lot, the home has plenty of outdoor space for entertaining, gardening, pets, or future improvements. With extensive interior renovations and important system upgrades already completed, this is an excellent opportunity to enjoy the character of an established home without the renovation work. Some photos have been virtually rendered.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Completed
- Year built: 1961
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Block
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Electric Water Heater,Microwave,Range Hood,Refrigerator
- Laundry features: In Garage
Bathroom2
- Features: No Closet
- Level: First
Bedroom2
- Features: Built-in Closet
- Level: First
Bedroom3
- Features: Built-in Closet
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Open Floorplan
- Flooring: Tile
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 1,498
- Total interior livable area: 1,498 sqft
Kitchen
- Features: No Closet
- Level: First
Living Room
- Features: No Closet
- Level: First
Primary Bathroom
- Features: No Closet
- Level: First
Primary Bedroom
- Features: Built-in Closet
- Level: First
Utility Room
- Features: No Closet
- Level: First
Property
Details
- Parcel number: 232724008900004030
- Zoning: R-1
- Special condition: None
Features
- Levels: One
- Stories: 1
- Exterior features: Storage
Lot
- Lot size: 0.25 Acres
Parking
- Total spaces: 2
- Parking features: Carport
- Covered spaces: 2
- Carport: Yes
- Carport spaces: 2
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
- Heat Wave
- Inland Flooding
- Tornado
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 | $1,511 | $18,132 |
| Home Insurance * | $234 | $2,808 |
| Property Taxes | $148 | $1,776 |
| Electricity | $197 | $2,366 |
| Total | $2,090 | $25,080 |
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 |
|---|---|---|
| 2026-08-12 | Price change | $297,000 |
| 2026-08-06 | Price change | $298,000 |
| 2026-07-30 | Listed for sale | $299,000 |
| 2026-07-27 | Pending sale | $299,000 |
| 2026-07-23 | Listed for sale | $299,000 |
| 2026-02-25 | Sold | $137,000 |
| 2007-01-18 | Sold | $162,000 |
| 2005-05-11 | Sold | $122,000 |
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