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$199,900

1505 E Elm Rd Lakeland, FL 33801

2 beds
1 full
1,253 sqft
0.3 acres
$160 / sqft
House

Property details

About 1505 E Elm Rd

Short Sale. SHORT SALE – PRICE NOT YET APPROVED BY LENDER. This charming 2-bedroom Spanish-style bungalow is located in the established Shore Acres community of Lakeland, just moments from Lake Bonny, Lake Parker, and the Lake-to-Lake Bikeway. Featuring an oversized, fenced lot with mature shade trees and no HOA or CDD, it’s an excellent opportunity for first-time buyers or investors looking to build equity and unlock future value. Originally renovated in 2018, the home blends vintage character with modern upgrades, including stainless steel appliances, updated kitchen cabinetry, a dual-sink bathroom with custom tile, French doors leading to the spacious backyard, and modern vinyl and laminate flooring throughout. The living room showcases arched doorways, crown molding, and a decorative fireplace ready for an electric insert. The dining room offers flexibility as a home office or den, and the backyard provides plenty of room for entertaining, gardening, or potential expansion. Additional features include a dedicated laundry area, carport with ceiling fan, newer fixtures, and off-street parking. With close proximity to local colleges, Polk Parkway, I-4, and downtown Lakeland—and just under an hour to Walt Disney World and 90 minutes to the Gulf beaches—this home delivers on flexibility, location, and potential. Zoned RA-3 and located in Flood Zone X, the property uses public utilities and sits on approximately 0.30 acres. Buyer to verify all information. Home is sold as-is. Sale is subject to lender approval.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,253 sqft
Lot size0.3 Acres
Year built1925
MLS #O6326540
FireplaceLiving Room

Virtual tour

Summary

  • Full Bathrooms: 1
  • Appliances: None
  • Flooring Type: Laminate, Tile, Vinyl
  • Interior: Ceiling Fans(s)
  • Fireplace: Living Room
  • Total Bedroom Count: 2
  • Private Pool: No
  • Exterior: Other
  • Architectural Style: Mediterranean
  • Heating: Central
  • Cooling: Central Air
  • List Price: $199,900
  • Price/SqFt: $159
  • HOA Amount: $0
  • Annual Tax Amount: $1,705
  • Tax Year: 2022
  • Directions: From I-4, take exit 28 toward US 92; Merge onto Memorial Blvd; Right on Lake Parker Ave; left onto E Rose St; left onto N Fern Rd.; 1st right onto E Elm Rd.; home on right
  • Year Built: 1925
  • Stories: 1
  • Living Area: 1,253 SqFt
  • Lot Size: 0.3 Acres
  • MLS Number: O6326540
  • MLS Name: MFRMLS
  • Office Name: DIDOMENICO REALTY GROUP
  • Listing Agent: Michael Didomenico, Jr

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/15/2025, 2:34:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Dec 07, 2022
Home Sold
$250,000
Oct 17, 2019
Home Sold
$155,000
Nov 30, 2018
Home Sold
$140,000
Nov 22, 2017
Home Sold
$65,000
Oct 24, 2017
Home Sold
$35,500
Apr 15, 2013
Home Sold
$34,000
Oct 18, 2005
Home Sold
$64,000
Nov 27, 2002
Home Sold
$65,000

Tax history

YearAssessmentProperty Tax
2023$214,376$-
2022$135,331$1,705
2021$131,389$1,705
2020$129,575$2,245
2018$57,911$1,138
2017$41,764$329

History based on county public records data.

Nearby schools

1

Philip O'Brien Elementary School

Public District PK-5

0.5 mi

1225 E Lime St

6

Lakeland Montessori School House

Public Charter KG-6

1.0 mi

1124 N Lake Parker Ave

9

McKeel Elementary Academy

Public Charter PK-6

1.4 mi

411 N Florida Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $35,309. Residents of Lakeland, FL typically earn less than $<35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

50%
<35k
43%
35k-100k
6%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

41%
Single, No Kids
21%
Single, with Kids
21%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
9%
12-17 yrs old
26%
18-34 yrs old
37%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Church's ChickenChurch's Chicken
  • Golden CorralGolden Corral

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • ToyotaToyota

What do the neighbors listen to?

  • RockRock
  • Urban Adult ContemporaryUrban Adult Contemporary
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1505 E Elm Rd

The listing price of 1505 E Elm Rd property is $199,900.

The property 1505 E Elm Rd is a house located in Lakeland, Florida, 33801.

Active Listing: 1505 E Elm Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1505 E Elm Rd are: Philip O'Brien Elementary School (GreatSchools Rating 1/10), Lakeland Montessori School House (GreatSchools Rating 6/10), McKeel Elementary Academy (GreatSchools Rating 9/10), Lawton Chiles Middle Academy (GreatSchools Rating 6/10), Crystal Lake Middle School (GreatSchools Rating 2/10), Rosabelle W. Blake Academy (GreatSchools Rating 2/10), Lakeland Senior High School (GreatSchools Rating 5/10), Polk Grad Academy (GreatSchools Rating 2/10), Fresh Start Community School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2022 is $1,705 (source: MLS/based on county public records data).

The last sale was on December 7, 2022 for $250,000 (source: MLS/tax record).

The property at 1505 E Elm Rd has 2 bedrooms and 1 bathroom.

The property 1505 E Elm Rd is 1,253 SqFt (source: MLS/tax record).

The year of construction for 1505 E Elm Rd is 1925.

This home is located at 1505 E Elm Rd in Lakeland, FL and zip code 33801 in the Lake Bonny neighborhood. This 1,253 square foot home, which was built in 1925, sits on a 0.30 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 12, 2025 and is currently priced at $199,900.

While more than 34 listings in Lakeland, FL in June 2025 were sold above asking price, there were more than 54 listings sold at asking price, and more than 115 were sold below. The number of homes for sale in Lakeland, FL decreased by 0.9% between May and June 2025. In June 2025, listings were on the market for 65 days. During the same period, the median list price in this real estate market was $323,356.

From Rocket Homes Real Estate and based on county public records data.

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