541 S Florida Avenue, photo 1
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Overview

0 ba23,700 sqftOffice
TypeOffice
HOANone listed
Built1925
Lot23,700 sqft
Living area23,700 sqft
Price / sqft$200

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About this home

541 S Florida Avenue is a 1925-built home in Riggins & Stephensons Add, Lakeland. Listed at $4,750,000 (about $200/sqft), 674 days on market.

From the listing

THE PROPERTY IS A HISTORIC RELIGIOUS LANDMARK WITH OLD WORLD ART FEATURED IN THE FORM OF EXQUISTELY CRAFTED STAIN GLASS WINDOWS ALL AROUND THE STRUCTURE AND A RARELY FOUND PIPE ORGAN PIECE, PEWS AND MANY OTHER EXTRAS. THE BUILDING 1 IS OFFERED IS 14300 SQ.FT. IS ZONED C 2 BY THE CITY OF LAKLAND AND BUILDING 2 IS BEING USED AS A FULLY FUNCTIONAL MEDICAL CLINIC WITH AN OUTPATIENT PROCEDURES. THERE IS ALSO FULLY PAVED WITH UPGRADED FENCING ALL AROUNG THE ADJOINING PARKING OF LOT 0.15 ACRES AND 0.51 ACRES. TOTAL PARCEL WITH BOTH THE BUILDINGS AND PARKING MORE THEN LOT 1.1 ACRES. SOME RENOVATION IS REQUIRED. ALL OF THE 3 PARCELS OF 1.06 ACRES INCLUDED UNDER THE ROOF CONSTRUCTION OF 23,7000 SQFT (BLDG. 1 AND 2) AND 0.66 ACRES PARKING LOT IS BEING OFFERED TO PURCHASE. LOCATED WITHIN DIXIELAND COMMUNITY REDEVELOPMENT AREA WITH VARIOUS GRANTS AVAILABLE DUE TO BEING IN HISTORIC DISTRICT AND A LANDMARK STRUCTUTRE. Investment Highlights The Building Has Potential to Be Rezoned for Residential Use, Apartments or Condos or for Original Purposes. The Building and Parking Lot Being Are Being Offered, Both Are on the Main Road of Lakeland and Have High Visibility. The Air Rights Are Available and Would Be Facing the Lake Water View. The Vehicle Counts Are High. Property Type:(Coms)assembly Building Living Area: 23,700 SF

The essentials

Built
1925
Price / sqft
$200
On market
674 days
Annual tax
$21,001
Lot
23,700 sqft
Type
Office

At a glance

Single family
Built 1925
1.15 acres
Lot size
23,700 sqft
Living area

Payment

Est. monthly payment
$28,898/mo
Down payment (20%)
$950,000
Property taxes
$1,750/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Office
Year Built
1925
Lot
23,700 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
674
Annual Tax (2024)
$21,001

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
Riggins & Stephensons Add
County
Polk
Lot Size
23,700 sqft

Price history

Date
Event
Price
12/6/2024
Listed for sale
Source: Stellar MLS #TB8328654
$4,750,000
$200/sqft

Neighborhood

541 S Florida Avenue
Lakeland, FL, 33801

Market insights

Offer Insights

Choose an offer strength

List price: $4,750,000
$4.73M – $4.75M
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 674.

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
$28,898/mo
Principal & interest$24,773
Property taxes$1,750
Insurance$2,375
Down payment20% · $950,000
Interest rate6.80%
Loan term

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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

$4,750,000

$200 per sq ft

Size

23,700 sq ft

Time on market

674 days

Year built

1925

Monthly payment

About $28,898/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $21,001 annual tax bill, insurance.

Offer

What should I offer?

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Brokered byAMERICAN REALTY GROUPListing agent: Uzma KhanListing data from Stellar MLS, MLS# TB8328654.

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