706 ELIZABETH LANE, LAKELAND, FL, 33809
Active2 days on marketListed Oct 16, 2026MLS #L4965852
About this home
706 ELIZABETH LANE
Welcome to Lakeside Hills Estates, a vibrant 55+ community nestled along the shores of beautiful Lake Gibson in Lakeland, Florida! Discover the opportunity to make this spacious 3-bedroom home, complete with TWO generously sized bonus rooms, your very own Florida retreat! Offering flexibility for a home office, hobby room, additional living space, or whatever suits your lifestyle, this home has plenty of potential to make it your own. Inside, you'll appreciate the updated flooring throughout the main living areas, stainless steel kitchen appliances, and a spacious layout ready for your personal touches. With a little TLC and your own creative vision, this property could truly shine! One of the standout features of Lakeside Hills Estates is the LOW monthly HOA fee of just $292 — NO LOT RENT! This fee includes lawn mowing, edging, high-speed cable and internet, water, community amenities, and more, allowing you to spend less time worrying about maintenance and more time enjoying the Florida lifestyle. Residents enjoy the benefits of an established 55+ community situated on scenic Lake Gibson. Please note that community restrictions prohibit rentals and large truck parking. Conveniently located near shopping, dining, medical facilities, and Interstate 4, you'll enjoy easy access to Orlando to the east and Tampa to the west. Whether you're looking to downsize, enjoy seasonal Florida living, or settle into a community designed for your next chapter, 706 Elizabeth Lane offers an affordable opportunity to create a home that reflects your style! Don't miss your chance to explore the possibilities. Schedule your private showing today! A/C REPLACED IN 2016
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
2,064
Sqft
0.11 ac
Lot size
1974
Year built
One
Levels
$44
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$1,046 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,046/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−40.1%
$/sqft vs Lakeland actives
$44 vs $194
Days on market
2 vs 61 typical
Where $44/sqft sits among the 400 Lakeland actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Lakeland
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lakeland. See the full Lakeland guide →
LAKELAND 33809 — neighborhood snapshot
Population
30,498
Median age
42.6
Median income
$67,112
Median home value
$248,700
Avg household
2.58
Households w/ children
3,738
For the school run
Polk County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lakeland market
$316K → $322K
Lakeland median sold, yr/yr
97.8%
Sale-to-list ratio (12 mo)
222 of 400
Lakeland actives have cut their price
Median sold price, Lakeland, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 70% below the LAKELAND 33809 median. See the full Lakeland market guide →
Paper trail
This home's history
Reality check
What actually sold near 706 ELIZABETH LANE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Aug ’26$75,000
727 FOREST LAKE · same community
2 bd · 2 ba · 2,166 sqft · $35/sqft · 670 DOM
Sold · Jul ’26$155,000
1011 ELIZABETH LANE · same community
2 bd · 2 ba · 1,440 sqft · $108/sqft · 121 DOM
Sold · Jul ’26$95,000
811 ELIZABETH LANE · same community
2 bd · 2 ba · 1,344 sqft · $71/sqft · 240 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Anthony Richardson
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 706 ELIZABETH LANE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 706 ELIZABETH LANE — before you fall in love.
See it in person
Schedule a tour
Live availability from Anthony's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
706 ELIZABETH LANE FAQs
What would the monthly payment be for 706 ELIZABETH LANE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,046/mo — principal and interest, the actual property-tax bill, the $292/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 706 ELIZABETH LANE?+
The association fee works out to $292 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 706 ELIZABETH LANE?+
The most recent tax bill on record (2025) was $303. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 706 ELIZABETH LANE?+
The listing reports pets: Breed Restrictions, Cats OK, Dogs OK, Number Limit. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lakeland?+
At $89,900, this home is listed about 73% below the Lakeland median of $330,000. The market section on this page shows how the area is trending.
Which schools are assigned to 706 ELIZABETH LANE?+
Wendell Watson Elementary School (elementary), Lake Gibson Senior High School (high), Lake Gibson Middle School (middle) — Polk County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of ENGEL & VOELKERS LAKELAND · Lisa Matheny. MLS #L4965852.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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