515 MONTICELLO AVENUE, LAKELAND, FL, 33801
Active30 days on marketListed Sep 18, 2026MLS #O6442771
About this home
515 MONTICELLO AVENUE
CHARMING BUNGALOW | NO HOA | LARGE LOT | GREAT LOCATION. Why rent when you can own your own home? This adorable bungalow is the perfect opportunity for a first-time buyer, folks looking to downsize, or investor looking for a home with plenty of potential. Situated on a generous 115' x 65' lot along a peaceful, quiet street in a convenient close-in location, this home offers the space, privacy, and flexibility that are hard to find. Built with solid block construction and featuring a newer dimensional shingle roof, this home offers a great foundation for your next chapter. The generously sized bedrooms provide comfortable living space, while the bonus flex room features a beautiful tongue-and-groove wood ceiling and offers endless possibilities. Use it as additional living or TV space, a home office, playroom, or consider expanding the kitchen to create an even larger gathering space. Enjoy the oversized backyard shaded by a beautiful, mature pecan tree, along with a storage shed and a convenient utility room located just off the back of the home. The single-car carport provides covered parking and could potentially be converted into a garage for additional enclosed space and storage. One of the biggest perks—NO HOA! With a great lot, solid construction, charming character, and room to make it your own, this is an opportunity to stop renting and start building equity. Come see the possibilities! View virtual tour for a walk-through look.
Facts & features
The home at a glance
2
Bedrooms
1
Bathrooms
843
Sqft
0.17 ac
Lot size
1953
Year built
One
Levels
$208
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 — not generic estimates.
$1,335 /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
$1,335/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
+18.9%
$/sqft vs Lakeland actives
$208 vs $193
Days on market
30 vs 60 typical
Where $208/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 33801 — neighborhood snapshot
Population
33,460
Median age
33.4
Median income
$49,210
Median home value
$138,700
Avg household
2.43
Households w/ children
3,160
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)
225 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 31% below the LAKELAND 33801 median. See the full Lakeland market guide →
Paper trail
This home's history
Reality check
What actually sold near 515 MONTICELLO AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’26$215,000
523 NANSEMOND AVENUE · same community
3 bd · 2 ba · 1,058 sqft · $203/sqft · 2 DOM
Sold · May ’26$135,000
431 HAMPTON AVENUE · same community
3 bd · 1 ba · 1,075 sqft · $126/sqft · 9 DOM
Sold · Aug ’26$200,000
423 NANSEMOND AVENUE · same community
3 bd · 1 ba · 1,131 sqft · $177/sqft · 7 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
Shawn Lewis
Realtor · CENTURY 21 Edge
Tours, negotiation, and every question about 515 MONTICELLO AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 515 MONTICELLO AVENUE — before you fall in love.
See it in person
Schedule a tour
Live availability from Shawn's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
515 MONTICELLO AVENUE FAQs
What would the monthly payment be for 515 MONTICELLO AVENUE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,335/mo — principal and interest, the actual property-tax bill 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.
What are the property taxes on 515 MONTICELLO AVENUE?+
The most recent tax bill on record (2025) was $810. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Lakeland?+
At $175,000, this home is listed about 47% below the Lakeland median of $331,450. The market section on this page shows how the area is trending.
Which schools are assigned to 515 MONTICELLO AVENUE?+
Crystal Lake Elementary School (elementary), Crystal Lake Middle School (middle), Tenoroc High School (high) — Polk County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of CHARLES RUTENBERG REALTY ORLANDO · Laurie Cain. MLS #O6442771.
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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