721 FRANK LLOYD WRIGHT WAY, Lakeland, FL, 33803 | $555,000

Welcome to this beautifully maintained historic home ideally situated just steps from Florida Southern College and the iconic Lake Hollingsworth. Location truly sets this property apart, placing you just minutes from South Florida Avenue, downtown Lakeland, and the vibrant Dixieland district — offering convenient access to some of Lakeland’s best dining, shopping, entertainment, and cultural attractions. A short stroll brings you to the picturesque Florida Southern campus, home to the world’s largest collection of Frank Lloyd Wright architecture, as well as the renowned Frank Lloyd Wright at Florida Southern College. Please note: the home is currently tenant-occupied with a lease in place through September 30, 2026. The property also features an assumable mortgage with an attractive low interest rate.
As you arrive, you’ll immediately appreciate the inviting curb appeal and spacious front porch complete with a porch swing — the perfect place to relax or entertain guests. Inside, the home showcases timeless character with original hardwood flooring, abundant natural light, elegant furnishings, and tasteful décor throughout. The cozy living room features a wood-burning fireplace, creating a warm and welcoming atmosphere. Through beautiful double French doors, you’ll enter the expansive dining room, ideal for hosting family gatherings and entertaining. The first-floor primary suite offers ample space for a king-sized bed, a beautifully updated bathroom, and a generously sized closet room is separate from the bedroom, as well as an additional closet. A nearby den/office provides flexibility and could easily function as a fourth bedroom with adding a closet. Upstairs, you’ll find two additional bedrooms connected by a convenient Jack-and-Jill bathroom. The home also includes an interior laundry room with washer and dryer, built-in cabinetry, and additional storage space. The kitchen is designed with both functionality and style in mind, featuring granite countertops, a tiled backsplash, gas range, stainless steel appliances, and plenty of workspace for cooking and entertaining. A detached two-car garage currently serves as additional storage but offers endless possibilities as a workshop, traditional garage space, or potential future studio apartment conversion. Major updates include a new roof installed in December 2025, along with updated dual HVAC systems — one replaced in 2020 and the other in 2025. Furnishings, as well as the washer and dryer, are negotiable with the sale of the home. Step outside to your private backyard retreat featuring a brick-paver patio, lounge seating area, new fencing, lush landscaping, and plenty of space to unwind or entertain outdoors. This exceptional Lakeland property combines historic charm, modern updates, and an unbeatable location. Schedule your private showing today and experience everything this spectacular home has to offer.

Features

  • Rooms: 4
  • Bedrooms: 3
  • Baths: 3 full
  • Lot Size: 50 x 170
  • Laundry: Inside, Laundry Room
  • Style: Historical
  • Year Built: 1920
  • Garage: 2-car Parking Pad, Workshop in Garage
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,895
  • Acreage: 0.2
  • Lot Size: 50 x 170
  • Est. Taxes: $4,656
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal
  • MLS#: L4962180
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/L4962180/721franklloydwrightway_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 5/26/2026 11:32:08 PM)
Listing courtesy of REMAX EXPERTS   Phone: 863-802-5262

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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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721 FRANK LLOYD WRIGHT WAY, Lakeland, FL, 33803

$555,000

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 $444,000 $444,000 $444,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.424% 6.628% 5.933%
Monthly Tax Payment $388 $388 $388
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,698 $2,803 $3,687
Total Monthly Payment $3,178 $3,283 $4,167

* 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.