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1057 Old South Dr, Lakeland, FL, 33811

$179/sqft·Magnolia Trails

2 bd2 ba1,032 sqftSingle Family
Listed by GOLD REAL ESTATE SOLUTIONS· Last updated · MLS# TB8320162

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Est. monthly payment
$1,202/mo
Down payment (20%)
$37,000
Property taxes
$144/mo
Rate assumed
6.8% · 30 yr
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At a glance

Single family
Built 1981
5,423 sqft lot
Lot size
1,032 sqft
Living area

About this home

1057 Old South Dr is a 1981-built home in Magnolia Trails, Lakeland. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,032 square feet of living space. Listed at $185,000 (about $179/sqft), 511 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

This half duplex property features a modern 2018 roof and spacious backyard, making it perfect for outdoor activities or potential landscaping. NO HOA! The interior boasts attractive tile flooring, enhancing both aesthetics and maintenance. Located in the desirable Magnolia Trails, this home is situated in a peaceful and quiet neighborhood, making it an excellent choice for families or renters seeking tranquility. With great rental cash flow potential, this property stands out as a lucrative investment opportunity. Do not miss this opportunity! Call or text for a private showing.

The essentials

Built
1981
Price / sqft
$179
On market
669 days
Annual tax
$1,731
Flood zone
X · Low risk
Lot
5,423 sqft
Type
Single Family Residence

Location

1057 Old South Dr
Lakeland, FL, 33811·33811 - Lakeland
Type
Single Family Residence
Year Built
1981
Lot
5,423 sqft
Cooling
Central Air
Heating
Central
Parking
-
Days on Market
669
Flood Zone X

Annual Tax (2023)

$1,731

Parcel #

23-29-14-141530-000152

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Magnolia Trails

County

Polk

MLS Area

33811 - Lakeland

Lot Size

5,423 sqft

Date
Event
Price
12/1/2025
Price change
Source: Stellar MLS #TB8320162
$185,000-2.6%
$179/sqft
Price change
Source: Stellar MLS #TB8320162
$190,000-8.2%
$184/sqft
11/14/2024
Listed for sale
Source: Stellar MLS #TB8320162
$207,000
$201/sqft
Est. monthly payment$1,202/mo
Principal & interest$965
Property taxes$144
Insurance$93
Down payment20% · $37,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

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List price: $185,000
$185,000
99.5% – 100% of listTops out right at the list price
80% of listList price
114 of the last 175 home closings in 33811 landed at this number or higher (65%). The median one sat 29 days before it went under contract, and this one is on day 669 after a $22,000 cut.

Sample: 175 closed home sales in 33811 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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