$295,000

516 Eastway Dr Lakeland, FL 33803

$3,503
Closing credit¹
4 beds
2 full
1,399 sqft
0.2 acres
$211 / sqft
House

Property details

About 516 Eastway Dr

Welcome to 516 Eastway Drive, a delightful 4-bedroom, 2-bathroom home nestled in the heart of South Lakeland. This charming property offers the perfect combination of comfort, functionality, and convenience. Located on a quiet street, you'll enjoy easy access to the Polk Parkway, making commutes a breeze. Just minutes away, you'll find an array of shopping centers, popular restaurants, and excellent schools—everything you need right at your fingertips. One of the standout features of this home is the attached mother-in-law suite. Complete with its own private entrance, kitchenette, living room, bedroom, and full bathroom, it's ideal for guests, extended family, or even as a rental opportunity. Inside, you'll appreciate the convenience of an indoor laundry area and a thoughtful layout with tile and laminate flooring throughout. The kitchen comes fully equipped with an island, essential appliances and tons of storage. Step outside to a spacious lot with mature landscaping that offers both privacy and a sense of tranquility. A large storage shed provides additional space for your tools and outdoor gear, completing the package. Don’t miss your chance to own this versatile, well-located home in one of Lakeland’s most desirable neighborhoods. Schedule your private showing today!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,399 sqft
Lot size0.19 Acres
Year built1954
MLS #L4951860

Virtual tour

Summary

  • MLS Number: L4951860
  • MLS Name: MFRMLS
  • Office Name: SERHANT
  • Office Phone: (646) 480-7665
  • Listing Agent: Crystal Goffe

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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.
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Last updated on: 4/8/2025, 11:49:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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ranch-style home with a front lawn

$295,000

516 Eastway Dr

$3,503

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$77,756$641
2022$75,491$606
2021$73,292$606
2020$72,280$612
2018$38,208$146
2017$37,422$146

History based on county public records data.

Nearby schools

4

Carlton Palmore Elementary School

Public District PK-5

0.3 mi

3725 Cleveland Heights Blvd

6

Cleveland Court Elementary School

Public District KG-5

0.8 mi

328 E Edgewood Dr

6

Southwest Elementary School

Public District PK-5

1.1 mi

2650 Southwest 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 $32,671. The majority of Lakeland, FL residents have income less than $<35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

53%
<35k
40%
35k-100k
4%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
14%
Single, with Kids
25%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
25%
18-34 yrs old
39%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Horse RacesHorse Races
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Stein MartStein Mart
  • Sam's ClubSam's Club

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • LongHorn SteakhouseLongHorn Steakhouse
  • Bob EvansBob Evans

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • RockRock
  • Contemporary InspirationalContemporary Inspirational
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 516 Eastway Dr

This home is located at 516 Eastway Dr in Lakeland, FL and zip code 33803 in the Cleveland Heights neighborhood. This 1,399 square foot home, which was built in 1954, sits on a 0.19 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 3, 2025 and is currently priced at $295,000.

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. In March 2025 in Lakeland, FL there were 5.7% more homes for sale than in February. In March 2025, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $324,983.

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

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