1433 ELLISON LANE, LAKELAND, FL, 33801
Active22 days on marketListed Jul 13, 2026MLS #TB8528916
About this home
1433 ELLISON LANE
Exceptional income-producing opportunity! This beautifully renovated property features 6 bedrooms and 5 full bathrooms, including 3 private suites, each with its own kitchenette, full bathroom, private entrance, and dedicated laundry—perfect for extended family, guests, healthcare professionals, or long- and short-term rental opportunities. The main residence offers 3 bedrooms and 2 bathrooms, including two primary suites. One serves as the main owner's suite, while the second has been designed as a private Mother-in-Law Suite with its own entrance, kitchenette, full bath, and laundry. Enjoy a large parking area with ample space to comfortably accommodate an RV and a boat, a fully fenced backyard with a spacious patio, and beautiful low-maintenance landscaping featuring artificial turf and decorative stone in the front of the home and at the end of the driveway. No HOA provides added flexibility for homeowners and investors. Ideally located just minutes from Lake Hollingsworth, Florida Southern College, Southeastern University, Lakeland Regional Health, Downtown Lakeland, shopping, dining, and major highways. Seller is willing to contribute toward a buyer's interest rate buy-down or closing costs with an acceptable contract. A rare opportunity to own a move-in-ready home with incredible flexibility and income potential!
Facts & features
The home at a glance
6
Bedrooms
5.5
Bathrooms
3,410
Sqft
0.4 ac
Lot size
1976
Year built
One
Levels
$190
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.
$3,940 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
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
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$3,940/mo
Includes estimated PMI — it drops off once you reach 20% equity. 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.
$/sqft vs Lakeland actives
$190 vs $190
Days on market
22 vs 43 typical
Where $190/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 Lake Horney
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lakeland. See the full Lakeland guide →
Lake Horney — neighborhood snapshot
Population
1,341
Median age
24
Median income
$74,152
Median home value
$290,215
Avg household
2
Households w/ children
94%
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 152% above the LAKELAND 33801 median. See the full Lakeland market guide →
Paper trail
This home's history
Reality check
What actually sold near 1433 ELLISON LANE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$470,000
1433 ELLISON LANE · same community
4 bd · 2.5 ba · 2,483 sqft · $189/sqft · 120 DOM
Sold · May ’26$470,000
1112 NEWPORT AVENUE · same community
3 bd · 2 ba · 2,051 sqft · $229/sqft · 4 DOM
Sold · May ’26$549,950
717 FRANK LLOYD WRIGHT WAY
5 bd · 4.5 ba · 3,276 sqft · $168/sqft · 318 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 1433 ELLISON LANE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1433 ELLISON LANE — 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
1433 ELLISON LANE FAQs
What would the monthly payment be for 1433 ELLISON LANE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $3,940/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 1433 ELLISON LANE?+
The most recent tax bill on record (2024) was $410. 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 $649,000, this home is listed about 89% above the Lakeland median of $343,400. The market section on this page shows how the area is trending.
Which schools are assigned to 1433 ELLISON LANE?+
Lakeland Senior High School (high), Philip O'Brien Elementary School (elementary), Southwest Middle School (middle) — Polk County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of MEGA PROPERTY SOLUTIONS · Carmen Mejia Ropain. MLS #TB8528916.
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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