301 E PARK STREET, Lakeland, FL, 33803 | $415,000

HISTORIC 2BED/1BATH BUNGALOW WITH 2BED/1BATH BACK HOUSE! Nestled in the highly sought-after South Lake Morton Historic District, this charming 1920s bungalow offers a rare opportunity to own a piece of Lakeland history—complete with a fully equipped potential income-producing back house! The main house features 2 beds/1 bath and 972 sq. ft. of timeless character, highlighted by original pine wood flooring throughout. An updated kitchen blends classic charm with modern convenience, showcasing shaker-style cabinetry, a full appliance suite, and space for an eat-in bar. The bathroom stands out with elegant marble flooring, stylish modern vanity, a tub-shower, and thoughtfully positioned between the two bedrooms. An inviting enclosed front porch expands the living space allowing room for a flex area, and an interior laundry closet adds everyday convenience. Positioned above the garage, the detached back house offers an additional 2 bedrooms, 1 bathroom, and 672 sq. ft. —perfect for rental income, multigenerational living, or a private guest retreat. Each building is fully independent with separate electric, water, and gas utilities, as well as individual washer and dryers and two dedicated parking spaces per residence. Surrounded by lush landscaping and a canopy of mature oak trees, the property’s curb appeal is as inviting as its interior. Enjoy views of picturesque East Park Street, just moments from Lakeland favorites like Born & Bread Bakehouse, Concord Coffee, and Black & Brew, as well as the nearby library and vibrant downtown Lakeland! Perfectly positioned between the scenic shores of Lake Hollingsworth and Lake Morton, this versatile property is ideal as a primary residence with rental income, a dual-income investment, or even potential short-term rental opportunity. Don’t miss your chance to own this unique and flexible historic property in one of Lakeland’s most beloved neighborhoods!

Features

  • Rooms: 7
  • Bedrooms: 2
  • Baths: 1 full
  • Laundry: In Garage, Inside, Laundry Closet
  • Style: Bungalow
  • Year Built: 1925
  • Garage: Driveway
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,624
  • Acreage: 0.18
  • Est. Taxes: $4,449
  • Lot Desc: Historic District, City Lot
  • Elem. School: Philip O’Brien Elementary
  • Middle School: Sleepy Hill Middle
  • High School: Lakeland Senior High
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: L4961484
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/L4961484/301eparkstreet_lakeland_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/7/2026 2:32:07 PM)
Listing courtesy of PAIGE WAGNER HOMES REALTY   Phone: 321-749-4196

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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301 E PARK STREET, Lakeland, FL, 33803

$415,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $332,000 $332,000 $332,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.250% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.275% 6.410% 5.595%
Monthly Tax Payment $371 $371 $371
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,937 $2,044 $2,691
Total Monthly Payment $2,383 $2,490 $3,137

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.