517 W PATTERSON STREET, LAKELAND, FL, 33803
Active3 days on marketListed Aug 7, 2026MLS #L4963987
About this home
517 W PATTERSON STREET
LOCATION MATTERS! Welcome home to this beautifully built 2006 bungalow nestled in the heart of Lakeland’s highly sought-after Dixieland Historic District. Offering the charm and character of one of Lakeland’s most beloved neighborhoods, this newer home provides the peace of mind and conveniences that are often difficult to find in the historic district. Buyers will appreciate modern building standards, updated electrical and plumbing systems, improved energy efficiency, and lower maintenance while still enjoying the timeless appeal of this historic setting. Ideally located near Downtown Lakeland, Lake Hollingsworth, Florida Southern College, Bonnet Springs Park, Munn Park, Dixieland Village, Lakeland Regional Health, Publix, local coffee shops, breweries, boutique shopping, and a variety of popular restaurants, this location places many of Central Lakeland’s most sought-after destinations just minutes away. Throughout the year, enjoy easy access to community events, local farmers markets, seasonal festivals, and the vibrant downtown atmosphere that has made Central Lakeland one of the area’s most desirable locations. With no HOA and the rare combination of newer construction in a historic district, this charming bungalow offers an exceptional opportunity as a primary residence, seasonal home, or investment property. New Roof 2022! If you’re looking for the character of historic Lakeland paired with the comfort and efficiency of a home built in 2006, this is an opportunity you won’t want to miss!
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,671
Sqft
0.17 ac
Lot size
2006
Year built
One
Levels
$233
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.
$2,886 /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
$2,886/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
−20%
$/sqft vs DIXIELAND REV
$233 vs $308
Days on market
3 vs 44 typical
Where $233/sqft sits among the 6 homes for sale in DIXIELAND REV
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 Dixieland
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lakeland. See the full Lakeland guide →
Dixieland — neighborhood snapshot
Population
2,413
Median age
39
Median income
$60,581
Median home value
$237,075
Avg household
2
Households w/ children
239
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)
3 of 6
DIXIELAND REV have cut their price
Median sold price, Lakeland, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 31% above the LAKELAND 33803 median. See the full Lakeland market guide →
Paper trail
This home's history
Reality check
What actually sold near 517 W PATTERSON STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$280,000
402 W PATTERSON STREET · same community
3 bd · 2 ba · 1,640 sqft · $171/sqft · 98 DOM
Sold · May ’26$265,000
706 W PATTERSON STREET · same community
4 bd · 2 ba · 1,580 sqft · $168/sqft · 3 DOM
Sold · May ’26$420,000
601 E CHARLES STREET · same community
3 bd · 2 ba · 1,523 sqft · $276/sqft · 1 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 517 W PATTERSON STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 517 W PATTERSON STREET — 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
517 W PATTERSON STREET FAQs
What would the monthly payment be for 517 W PATTERSON STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,886/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 517 W PATTERSON STREET?+
The most recent tax bill on record (2025) was $3,169. 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 $389,000, this home is listed about 15% above the Lakeland median of $339,000. The market section on this page shows how the area is trending.
Which schools are assigned to 517 W PATTERSON STREET?+
Dixieland Elementary School (elementary), Southwest Middle School (middle), Lakeland Senior 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 PAIGE WAGNER HOMES REALTY · Melissa Riesenberg. MLS #L4963987.
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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