1040 S OHIO AVE, Lakeland, FL, 33803 | $315,000

Discover a truly one-of-a-kind retreat in the historic Dixieland District of Lakeland, Florida, where thoughtful craftsmanship, modern updates, and incredible flexibility come together in perfect harmony. Lovingly transformed by the owner's daughter—a real estate professional and entrepreneur with an eye for design and functionality—this home has been reimagined to offer comfortable everyday living, guest accommodations, and exciting income-producing possibilities.

Step inside and be delighted by the home's most enchanting feature: a custom-built secret library door that discreetly separates the main residence from a private guest suite while maintaining access to a shared laundry area. Blending character and charm with practical design, this hidden passage creates a unique living experience rarely found in today's market.

The former half bath has been beautifully expanded into a full bathroom, allowing both living spaces to enjoy privacy and convenience. Whether used as an Airbnb, guest quarters, multigenerational living space, or roommate setup, the suite's separate entrance offers exceptional versatility.

The front door welcomes you into a fully screened front porch with solid flooring, creating a comfortable extension of the living space. At the rear of the home, a spacious covered deck overlooks the private backyard, providing the perfect setting for entertaining, relaxing, and enjoying Florida's outdoor lifestyle year-round.

Adding even more flexibility, the property includes a fully renovated and permitted detached office/studio building. Ideal for working from home, creative pursuits, or additional guest accommodations, this bonus space offers endless possibilities. Plumbing was installed and remains available for future expansion, though it is currently capped. Adjacent to the structure is a covered patio that could serve as a carport, private outdoor gathering space, or shaded retreat. Tucked away nearby, you'll also find a hidden outdoor shower and a discreetly placed storage shed for tools and lawn equipment.

Comfort and peace of mind abound thanks to a new HVAC system with central air conditioning installed in 2024, along with a heavy-duty washer and dryer added in 2025.

Outside, extensive landscaping has revitalized the grounds, reopening fenced areas, enhancing privacy, and creating beautiful, usable outdoor spaces. Ample parking, mature landscaping, and thoughtfully designed outdoor amenities make this property as functional as it is inviting.

With an effective year built of 2015 and a long list of meaningful upgrades, this exceptional property offers the perfect blend of historic charm, modern convenience, and flexible living options. Whether you're seeking a primary residence, a work-from-home haven, multigenerational living, or a property with income potential, this rare Dixieland gem is ready to fit your vision.

Features

  • Rooms: 11
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 70 x 100
  • Laundry: Laundry Room
  • Style: Florida, Patio
  • Year Built: 1925
  • Garage: Alley Access, Covered, Driveway, Open
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,100
  • Acreage: 0.16
  • Lot Size: 70 x 100
  • Est. Taxes: $3,855
  • Lot Desc: Historic District, City Lot
  • Elem. School: Dixieland Elem
  • Middle School: Southwest Middle School
  • High School: Lakeland Senior High
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer
  • MLS#: P4938786
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/P4938786/1040sohioave_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 7/1/2026 6:14:32 AM)
Listing courtesy of EXP REALTY LLC   Phone: 888-883-8509

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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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1040 S OHIO AVE, Lakeland, FL, 33803

$315,000

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 $252,000 $252,000 $252,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.230% 6.512% 5.866%
Monthly Tax Payment $321 $321 $321
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,491 $1,572 $2,076
Total Monthly Payment $1,887 $1,968 $2,472

* 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.