Active

506 S McKay Ave, Lakeland, FL, 33801

$243/sqft·McKays

2 bd2 ba885 sqftSingle Family
Listed by BHHS FLORIDA PROPERTIES GROUP· Last updated · MLS# L4963060

Ask anything about this home

Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

Est. monthly payment
$1,483/mo
Down payment (20%)
$43,000
Property taxes
$254/mo
Rate assumed
6.8% · 30 yr
View full breakdown

At a glance

Single family
Built 1927
6,525 sqft lot
Lot size
885 sqft
Living area

About this home

Ceiling Fans(s)Window TreatmentsStorageDryerMicrowaveRangeRefrigeratorWasher

506 S McKay Ave is a 1927-built home in McKays Addition, Lakeland. Inside you'll find 2 bedrooms, 2 bathrooms, and 885 square feet of living space. Listed at $215,000 (about $243/sqft), 58 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Welcome home to this 2 bedroom, 2 bathroom home ideally located just minutes from Lake Morton, the Polk Museum of Art, and the Lakeland Public Library. This inviting residence features beautiful wood flooring throughout and offers a bright, airy atmosphere that feels like home the moment you walk in. The seller has completed several valuable updates, including a new roof with premium Dow Corning shingles (October 2021), a newer water heater, and a fresh paint job using high-quality Behr Emerald paint. The home was professionally treated and maintained by Orkin for termite prevention, providing added peace of mind. Additional features include an LG remote-controlled window A/C unit, washer and dryer, and a spacious outdoor storage shed perfect for tools, hobbies, or extra storage needs. Conveniently located near downtown Lakeland's dining, shopping, parks, and cultural attractions, this well-maintained property offers comfort, character, and an exceptional location. Don't miss this opportunity to own a move-in ready home in the heart of Lakeland!

The essentials

Built
1927
Price / sqft
$243
On market
78 days
Annual tax
$3,050
Flood zone
X · Low risk
Lot
6,525 sqft
Type
Single Family Residence

Location

506 S McKay Ave
Lakeland, FL, 33801·33801 - Lakeland
Type
Single Family Residence
Year Built
1927
Lot
6,525 sqft
Cooling
Wall/Window Unit(s)
Heating
None
Parking
-
Days on Market
78
Ceiling Fans(s)
Window Treatments
Storage
Dryer
Microwave
Range
Refrigerator
Washer

Elementary

Philip O’Brien Elementary

Middle

Lawton Chiles Middle

High

Lakeland Senior High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone X

Annual Tax (2025)

$3,050

Parcel #

24-28-19-237000-002090

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

McKays Addition

County

Polk

MLS Area

33801 - Lakeland

Lot Size

6,525 sqft

Date
Event
Price
8/1/2026
Price change
Source: Stellar MLS #L4963060
$215,000-12.2%
$243/sqft
6/25/2026
Listed for sale
Source: Stellar MLS #L4963060
$245,000
$277/sqft
Est. monthly payment$1,483/mo
Principal & interest$1,121
Property taxes$254
Insurance$108
Down payment20% · $43,000
Interest rate6.80%
Loan term

Not sure what you can afford?

Put in your household income and we will tell you where this payment sits.

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

Choose an offer strength

List price: $215,000
$215,000
99.5% – 100% of listTops out right at the list price
80% of listList price
79 of the last 127 home closings in 33801 landed at this number or higher (62%). The median one sat 22 days before it went under contract, and this one is on day 78 after a $30,000 cut.

Sample: 127 closed home sales in 33801 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Keep exploring Tampa Bay

Pick up where you left off, or see what else is out there.