2408 E MAGNOLIA STREET, LAKELAND, FL, 33801
Active216 days on marketListed Jan 8, 2026MLS #S5141300
About this home
2408 E MAGNOLIA STREET
Calling all investors, price improvement. Completely remodeled 2-bedroom, 1-bathroom home, featuring modern finishes and a fresh, stylish design throughout. The kitchen has beautiful granite countertops and brand-new appliances. Enjoy the freedom of no HOA and a spacious lot that offers plenty of room to garden or store tools and toys. A large storage building in the backyard, already equipped with A/C and plumbing, provides endless possibilities—it can easily be converted into a room for guests or an additional source of rental income. Perfect for investors looking for a low-maintenance, move-in-ready property with immediate rental income in place. One or more photo(s) has been virtually staged.
Facts & features
The home at a glance
2
Bedrooms
1
Bathrooms
730
Sqft
0.16 ac
Lot size
1948
Year built
One
Levels
$273
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.
$1,554 /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
$1,554/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
+23.2%
$/sqft vs Lakeland actives
$273 vs $194
Days on market
216 vs 45 typical
Where $273/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 →
The numbers that matter
The Lakeland market
$316K → $316K
Lakeland median sold, yr/yr
97.8%
Sale-to-list ratio (12 mo)
204 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 41% below the Lakeland median. See the full Lakeland market guide →
Paper trail
This home's history
Reality check
What actually sold near 2408 E MAGNOLIA STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$165,000
430 ARIZONA AVENUE
2 bd · 1 ba · 722 sqft · $229/sqft · 27 DOM
Sold · Oct ’25$83,750
2308 EVERETT STREET
2 bd · 1 ba · 754 sqft · $111/sqft · 6 DOM
Sold · Jul ’26$67,000
207 IDAHO AVENUE
3 bd · 1 ba · 792 sqft · $85/sqft · 19 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
Erwin Vazquez
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 2408 E MAGNOLIA STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 2408 E MAGNOLIA STREET — before you fall in love.
See it in person
Schedule a tour
Live availability from Erwin's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
2408 E MAGNOLIA STREET FAQs
What would the monthly payment be for 2408 E MAGNOLIA STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,554/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 2408 E MAGNOLIA STREET?+
The most recent tax bill on record (2025) was $1,612. 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 $199,000, this home is listed about 41% below the Lakeland median of $339,000. The market section on this page shows how the area is trending.
The brief
Three things that matter here
01Under the Lakeland market on paper
$199,000 is 41% below the Lakeland median of $339,000.
02Time on market is leverage
216 days on market against a Lakeland median of 45 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $214,900, now $199,000 — a $16K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of EXIT REALTY 4CORNERS · Carlos DeJesus. MLS #S5141300.
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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