701 PARK HILL AVE, LAKELAND, FL, 33801
Active136 days on marketListed Mar 21, 2026MLS #L4960474
About this home
701 PARK HILL AVE
Nestled in the highly sought-after Historic District of Lake Morton, this charming property offers a rare blend of character, location, and versatility. The main home features three bedrooms and a gas fireplace providing comfortable living with timeless appeal. Adding to its unique value is a detached studio guest house—perfect for visitors, a private home office, creative space, or potential rental income. Enjoy the best of Lakeland living with an unbeatable location just a short walk to Lake Morton, Lake Hollingsworth, Florida Southern College, and the vibrant shops, dining, and entertainment of downtown Lakeland. Whether you're strolling around the lakes, exploring local cafés, or enjoying the charm of the historic neighborhood, this home places you right in the heart of it all. Don’t miss the opportunity to own a versatile property in one of Lakeland’s most beloved and walkable neighborhoods. Square footage is the total living area of the home and the 280 SqFt guest house.
Facts & features
The home at a glance
3
Bedrooms
1
Bathrooms
1,553
Sqft
0.15 ac
Lot size
1946
Year built
One
Levels
$263
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.
$3,054 /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
$3,054/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
−2.9%
$/sqft vs Lakeland actives
$263 vs $190
Days on market
136 vs 43 typical
Where $263/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 Historic Lake Morton
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lakeland. See the full Lakeland guide →
Historic Lake Morton — neighborhood snapshot
Population
1,887
Median age
35
Median income
$60,388
Median home value
$375,682
Avg household
2
Households w/ children
100%
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 → $316K
Lakeland median sold, yr/yr
97.8%
Sale-to-list ratio (12 mo)
202 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 60% above the LAKELAND 33801 median. See the full Lakeland market guide →
Paper trail
This home's history
Reality check
What actually sold near 701 PARK HILL AVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$270,000
915 CUMBERLAND STREET · same community
2 bd · 1 ba · 1,118 sqft · $242/sqft · 5 DOM
Sold · Aug ’25$489,000
739 PARK HILL AVENUE · same community
3 bd · 3 ba · 2,000 sqft · $245/sqft · 6 DOM
Sold · Mar ’26$367,000
208 E POINSETTIA STREET
2 bd · 2 ba · 1,542 sqft · $238/sqft · 28 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 701 PARK HILL AVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 701 PARK HILL AVE — 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
701 PARK HILL AVE FAQs
What would the monthly payment be for 701 PARK HILL AVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,054/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 701 PARK HILL AVE?+
The most recent tax bill on record (2025) was $3,663. 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 $409,000, this home is listed about 20% above the Lakeland median of $341,850. The market section on this page shows how the area is trending.
Which schools are assigned to 701 PARK HILL AVE?+
Lakeland Senior High School (high), Philip O'Brien Elementary School (elementary), Sleepy Hill Middle School (middle) — Polk County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$409,000 runs 60% above the LAKELAND 33801 median.
02Time on market is leverage
136 days on market against a Lakeland median of 43 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $425,000, now $409,000 — a $16K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of AUSTIN DEANE REALTY INC · Paul Cunningham, Jr. MLS #L4960474.
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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