506 S McKay Ave, photo 1
Active
1 / 23

Overview

2 bd2 ba885 sqftSingle Family
TypeSingle Family
HOANone listed
Built1927
Lot6,525 sqft
Living area885 sqft
Price / sqft$243

Ask anything about this home

Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Window TreatmentsStorageDryerMicrowaveRangeRefrigeratorWasher

506 S McKay Ave is a 1927-built home in McKays Addition, Lakeland. Inside you'll find 2 bedrooms, 2 bathrooms, and 885 square feet of living space. Listed at $215,000 (about $243/sqft), 109 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

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!

The essentials

Built
1927
Price / sqft
$243
On market
109 days
Annual tax
$3,050
Flood zone
X · Low risk
Lot
6,525 sqft
Type
Single Family Residence

At a glance

Single family
Built 1927
6,525 sqft lot
Lot size
885 sqft
Living area

Payment

Est. monthly payment
$1,483/mo
Down payment (20%)
$43,000
Property taxes
$254/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1927
Lot
6,525 sqft
Cooling
Wall/Window Unit(s)
Heating
None
Parking
-
Days on Market
109
Ceiling Fans(s)
Window Treatments
Storage
Dryer
Microwave
Range
Refrigerator
Washer
Elementary
Philip O’Brien Elementary
Middle
Lawton Chiles Middle
High
Lakeland Senior High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone X
Annual Tax (2025)
$3,050
Parcel #
24-28-19-237000-002090

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
McKays Addition
County
Polk
MLS Area
33801 - Lakeland
Lot Size
6,525 sqft

Price history

Date
Event
Price
8/1/2026
Price change
Source: Stellar MLS #L4963060
$215,000-12.2%
$243/sqft
6/25/2026
Listed for sale
Source: Stellar MLS #L4963060
$245,000
$277/sqft

Neighborhood

506 S McKay Ave
Lakeland, FL, 33801 · 33801 - Lakeland

Market insights

Offer Insights

Choose an offer strength

List price: $215,000
$215,000
99.5% – 100% of listTops out right at the list price
80% of listList price
93 of the last 164 home closings in 33801 landed at this number or higher (57%). The median one sat 27 days before it went under contract, and this one is on day 109 after a $30,000 cut.

Sample: 164 closed home sales in 33801 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$1,483/mo
Principal & interest$1,121
Property taxes$254
Insurance$108
Down payment20% · $43,000
Interest rate6.80%
Loan term

Not sure what you can afford?

Put in your household income and we will tell you where this payment sits.

Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$215,000

$243 per sq ft

Beds and baths

2 beds, 2 baths

Size

885 sq ft

Time on market

109 days

Year built

1927

Monthly payment

About $1,483/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,050 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byBHHS FLORIDA PROPERTIES GROUPListing agent: Melissa RamirezListing data from Stellar MLS, MLS# L4963060.

Keep exploring Florida

Pick up where you left off, or see what else is out there.