$450,000

515 Frank Lloyd Wright Way Lakeland, FL 33803

$5,344
Closing credit¹
3 beds
2 full
1,560 sqft
0.2 acres
$288 / sqft
House

Property details

About 515 Frank Lloyd Wright Way

One or more photo(s) has been virtually staged. Nestled in the heart of the South Lake Morton Historic District, this charming 1922 home blends historic character with modern updates. Featured in the 2020 Historic District Home & Garden Tour, this 3-bedroom, 2-bathroom residence offers timeless appeal with refinished hardwood floors, high ceilings, and thoughtfully updated spaces. The second bathroom boasts a classic clawfoot tub, and both bathrooms have been beautifully retiled. The inviting front and back porches provide the perfect spots to relax, while the newly fenced backyard offers a serene retreat with two sheds for extra storage. A carport adds convenience, and recent updates, including a 2019 roof, 2023 water heater, and 2022 AC, ensure peace of mind. All light fixtures were replaced in 2019, and the electrical system is fully up to code. A passed 4-point inspection in 2023 speaks to the home’s excellent condition. Located just a couple of blocks from Florida Southern College and situated between picturesque Lake Hollingsworth and Lake Morton, this home is ideal for nature lovers and joggers alike. Enjoy the beauty of historic Lakeland while watching the swans glide across the water. A rare find in a highly sought-after neighborhood!

Highlights

Home typeSingle Family Residence
HeatingCentral, Heat Pump, Natural Gas
StatusActive
CoolingCentral Air
Size1,560 sqft
Lot size0.2 Acres
Year built1922
ParkingAlley Access, Covered, Driveway
MLS #TB8365893
FireplaceGas, Living Room
ViewCity

Virtual tour

Summary

  • MLS Number: TB8365893
  • MLS Name: MFRMLS
  • Office Name: REDFIN CORPORATION
  • Office Phone: (813) 518-8756
  • Listing Agent: Zulma Machain

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.

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: 4/12/2025, 10:19:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bungalow-style home with an attached carport, a porch, and roof with shingles

$450,000

515 Frank Lloyd Wright Way

$5,344

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 14, 2016
Home Sold
$250,000
Jan 31, 2008
Home Sold
$254,000
Jun 05, 2003
Home Sold
$131,000
Jul 11, 2001
Home Sold
$104,500
Jul 20, 1998
Home Sold
$65,000

Tax history

YearAssessmentProperty Tax
2023$223,162$3,291
2022$216,662$3,199
2021$210,351$3,199
2020$207,447$3,129
2018$197,991$2,994
2017$193,919$2,994

History based on county public records data.

Nearby schools

6

Lakeland Montessori School House

Public Charter KG-6

0.4 mi

1124 N Lake Parker Ave

3

Dixieland Elementary School

Public District KG-5

0.7 mi

416 Ariana St

1

Philip O'Brien Elementary School

Public District PK-5

0.9 mi

1225 E Lime St

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 $62,919. Typical income of Lakeland, FL residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

22%
<35k
63%
35k-100k
11%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

55%
Single, No Kids
15%
Single, with Kids
19%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
30%
18-34 yrs old
41%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • SoccerSoccer
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • QdobaQdoba
  • Dominos PizzaDominos Pizza
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • VolkswagenVolkswagen
  • MazdaMazda
  • BuickBuick

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 515 Frank Lloyd Wright Way

This home is located at 515 Frank Lloyd Wright Way in Lakeland, FL and zip code 33803 in the South Lake Morton neighborhood. This 1,560 square foot home, which was built in 1922, sits on a 0.20 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 26, 2025 and is currently priced at $450,000.

In March 2025 more than 43 listings in Lakeland, FL were sold above the asking price. During the same period more than 64 listings were sold at asking price, while more than 150 were sold below. The number of listings in Lakeland, FL increased by 5.7% between February and March 2025. The median list price of listings available in March 2025 was $324,983, while the average time on the real estate market was 60 days.

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

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