423 MARTIN DRIVE, LAKELAND, FL, 33809
Active128 days on marketListed Mar 19, 2026MLS #L4960403
About this home
423 MARTIN DRIVE
Big price adjustment! What a fantastic opportunity, look no further! This beautifully maintained 2-bedroom, 2-bath home is perfectly suited for seasonal snowbirds or full-time Florida living. Ideally situated at the end of a quiet cul-de-sac, the property offers both privacy and a welcoming neighborhood atmosphere. Inside, you will find a home that has been lovingly cared for, featuring matching luxury vinyl flooring in the living room, kitchen, and bathrooms, along with newer carpet in the bedrooms and fresh interior paint throughout, creating a clean, cohesive, and inviting feel. Enjoy year-round relaxation in the bright sunroom, filled with natural light from an abundance of windows. The home also features a durable metal roof and offers added peace of mind, as the property has never experienced flooding or hurricane damage while the seller owned the home. Additional hurricane straps provide extra security and durability. An existing antenna allows access to a variety of local TV channels, including stations from the Tampa area. Located in the desirable 55+ community of Martin Estates, a friendly resident-owned co-op, this property offers exceptional value and long-term stability. As a resident stockholder, you will enjoy approximately 60 years remaining on the 99-year land lease. With a unique ownership structure where residents collectively own the community, monthly costs remain impressively low, with a maintenance fee of just $46/month. Residents can enjoy a range of amenities tailored to those seeking an active and sociable lifestyle. Features include a heated pool, a clubhouse housing a library, card room, billiards area, meeting space, and shuffleboard courts—ideal for soaking up the Florida sun and interacting with fellow community members. Whether you are looking for a seasonal retreat or a year-round residence, this home is an excellent choice. Schedule your private showing today!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
784
Sqft
0.22 ac
Lot size
1978
Year built
One
Levels
$102
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.
$802 /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
$802/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
−52.2%
$/sqft vs Lakeland actives
$102 vs $196
Days on market
128 vs 33 typical
Where $102/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
$318K → $320K
Lakeland median sold, yr/yr
97.7%
Sale-to-list ratio (12 mo)
200 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 76% below the LAKELAND 33809 median. See the full Lakeland market guide →
Paper trail
This home's history
Reality check
What actually sold near 423 MARTIN DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$57,000
230 MARTIN DRIVE · same community
1 bd · 1 ba · 784 sqft · $73/sqft · 56 DOM
Sold · Jan ’26$37,000
210 JANET LANE · same community
2 bd · 1.5 ba · 672 sqft · $55/sqft · 24 DOM
Sold · Sep ’25$91,000
320 MONROE DRIVE · same community
2 bd · 2 ba · 936 sqft · $97/sqft · 73 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
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 423 MARTIN DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 423 MARTIN DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
423 MARTIN DRIVE FAQs
What would the monthly payment be for 423 MARTIN DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $802/mo — principal and interest, the actual property-tax bill, the $46/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 423 MARTIN DRIVE?+
The association fee works out to $46 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 423 MARTIN DRIVE?+
The most recent tax bill on record (2025) was $1,080. 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 423 MARTIN DRIVE?+
The listing reports pets: Cats OK, Dogs OK, Number Limit, Size Limit, Yes. 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 $79,900, this home is listed about 76% below the Lakeland median of $340,000. The market section on this page shows how the area is trending.
Which schools are assigned to 423 MARTIN DRIVE?+
Edgar L. Padgett Elementary (elementary), Lake Gibson Middle School (middle), Lake Gibson Senior High School (high) — Polk County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the LAKELAND 33809 market on paper
$79,900 is 76% below the LAKELAND 33809 median of $327,950, and at $102/sqft it sits under the Lakeland average of $205.
02Time on market is leverage
128 days on market against a Lakeland median of 33 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $95,000, now $79,900 — a $15K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of LIVE FLORIDA REALTY · Monica Hawkinson. MLS #L4960403.
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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