Welcome to the thriving real estate market of Lakeland, FL 33809, a desirable destination for families, singles, young professionals, and retirees alike. From diverse housing options and demographics to a rich array of amenities, Lakeland FL 33809 is a place that caters to all lifestyles.
Whether you’re seeking an ideal family home, an exciting neighborhood for singles and young professionals, or a peaceful retreat for your retirement years, Lakeland has you covered. Are you ready to explore this vibrant locale? Let’s dive in!
Lakeland FL 33809 has a diverse and affordable real estate market, with a median house/condo value of $213,836 and a variety of neighborhood options to cater to families, professionals, and retirees.
The area boasts rich cultural diversity and stability, with 11.6% foreign-born residents and more than half living in the same house for over five years, along with access to amenities like shopping, dining, healthcare, and education.
Lakeland FL 33809 is ripe with real estate investment opportunities, offering appreciating residential markets and promising commercial real estate prospects with a median cap rate of 6%.
The real estate market in Lakeland FL 33809 has a total of 12,734 houses and condos, along with 3,977 renter-occupied apartments. Featuring a mix of affordability and convenience, the median monthly owner cost for units with a mortgage in this area is $1,302.
But the appeal of Lakeland goes beyond these numbers. Its geographical features like Sick Lake, Lake Bowles, and Lake Gibson, and significant historical sites such as La Cita Golf and Country Club, Polk County Emergency Medical Services Station 10 - 24, and several churches, add to the charm, attracting a diverse population.
This comprehensive overview of future home realty reveals a vibrant and diverse locale, appealing to potential homeowners and investors.
The Lakeland FL 33809 housing market offers potential homeowners and investors promising opportunities, with:
The estimated median house/condo value standing at $213,836
The median price asked for vacant for-sale houses and condos at $187,484
The current median gross rent pegged at $1,256
These trends indicate robustness and stability in the titanium real estate market, showcasing the relentless real estate sector’s resilience.
Lakeland FL 33809 showcases a demographic diversity that matches its real estate variety. With 82% of residents using English as their primary language at home, followed by 13.1% speaking Spanish, 3.6% speaking other Indo-European languages, and 1.3% speaking Asian or Pacific Island languages, the area is a melting pot of cultures. Interestingly, 11.6% of the residents are foreign-born, and 6% of the population has relocated from abroad to this locality in the past year.
Around half of the residents have lived in the same house for more than five years, suggesting a well-established and stable community. This rich diversity adds to the vibrant social fabric of Lakeland, making it an attractive locale for potential residents and investors.
Lakeland FL 33809 offers a variety of neighborhood options that cater to different lifestyles. Whether you’re a family seeking a friendly community, a young professional looking for a vibrant social scene, or a retiree desiring peaceful living, you’ll find a neighborhood that fits your needs.
We’ll further examine these communities and their offerings.
Families in Lakeland FL 33809 can find a range of neighborhoods that offer the perfect blend of comfort and convenience. Some of the most highly regarded family-friendly communities include:
Lake Hollingsworth
Beacon Hill
Grasslands
Terralargo
These neighborhoods boast family-friendly amenities like parks, schools, and recreational spots in nearby zip codes.
Educational institutions like All Saints Academy, Ridgeview Global Studies Academy, and Lakeland Montessori School House are within easy reach, making these areas highly appealing for families. With the average housing price in these communities standing at approximately $274,950, they offer a balance of affordability and quality amenities.
For singles and young professionals, neighborhoods like Francis Blvd, Cleveland Heights, Dixieland, Lake Hollingsworth, and Lake Bentley stand out in Lakeland FL 33809. These areas are appealing due to their:
Proximity to employment opportunities
Vibrant social scene
Affordable rental rates, which vary from $701 to over $2,000, with the majority of apartments falling between $1,501 and $2,000
The presence of a range of local businesses like bars, restaurants, and a lively nightlife adds to their attraction.
For those seeking a tranquil environment for retirement, Lakeland FL 33809 offers several attractive options. Cypress Lakes is a top retirement community in the area, known for its serene environment, golf course, and a variety of organized activities that provide retirees with a balanced lifestyle. With an average property price of $264,998, and prioritized on-site security, these communities offer a safe and affordable retirement living option.
Lakeland FL 33809 presents an array of profitable investment opportunities for investors eager to tap into a booming real estate market. Whether you’re interested in long-term residential investments or commercial real estate prospects, Lakeland offers a diversity of options to cater to your investment goals.
The long-term residential real estate market in Lakeland FL 33809 has been experiencing positive growth, with an average appreciation rate of 3.26% for the latest quarter and 3.32% for the last 12 months. The rental market is also promising, with average rents falling within the range of $1,312 to $1,745 per month, making it conducive for long-term residential investments.
The commercial real estate market in Lakeland FL 33809 offers the following advantages:
Median cap rate for investments is 6%
Average property prices range from $2.15 per square foot to undisclosed prices
Anticipated future trends suggest growth driven by increased population and employment
Lakeland presents a promising landscape for commercial real estate investments.
Living in Lakeland FL 33809 comes with the advantage of easy access to a host of amenities and services, including:
Shopping and dining options
Healthcare services
Education services
Convenient transportation systems
We’ll further examine these features.
Residents of Lakeland FL 33809 enjoy a variety of shopping and dining options. From popular shopping centers like Lakeside Village and Lakeland Square Mall to top-rated dining establishments offering a diverse selection of cuisines, the area caters to all tastes and preferences.
This plethora of choices enriches the life in Lakeland by bringing convenience and variety to residents’ doorsteps.
Lakeland FL 33809 ensures access to high-quality healthcare and education, which are fundamental for any community. The area is home to a total of 85 medical specialists, and top-rated hospitals like AdventHealth Heart of Florida and Bartow Regional Medical Center.
In terms of education, residents have access to a total of 62 public schools and 27 private schools, promising quality education for all age groups.
Efficient transportation systems are a key factor in enhancing the quality of life in any community. In Lakeland FL 33809, residents mainly rely on the Citrus Connection bus system and other public transit services for their transportation needs. The typical one-way commute time for residents is approximately 21.0 minutes, facilitated by primary thoroughfares like CR 37B (Lakeland Highlands Road) and CR 54 (Ronald Reagan Parkway).
The real estate market in Lakeland FL 33809 is diverse, offering a variety of property types to cater to different needs and preferences. Whether you’re looking for apartments and condos, single-family homes, or luxury estates and specialty properties, you’ll find a multitude of options in Lakeland.
If you’re seeking apartments or condos, Lakeland FL 33809 offers a variety of options. With an average monthly rental cost of $1,510, and prime locations like Town Center at Lakeside Village Apartments and Nobay, there are plenty of options for renters in the area.
For those interested in single-family homes, the average price in Lakeland FL 33809 is $274,950. These homes typically feature 4 bedrooms and embody various architectural styles, from Tudor revival to Mediterranean revival, offering an eclectic mix of options for potential homeowners.
For those seeking luxury estates and specialty properties, Lakeland FL 33809 offers a range of high-end properties with price tags starting at $1,125,000 and reaching up to $4,900,000. These properties are known for their lavish features and amenities, making them valuable investments.
In Lakeland FL 33809, a range of FL real estate services and management options are available to assist both buyers and sellers. Blue Sun Realty LLC, Coldwell Banker Realty, EXP Realty LLC, Future Home Realty Inc, Harden Realty, Keller Williams Realty, Live Florida Realty, Mark Spain Real Estate, Nugget Realty, Olympus Executive Realty, Orlando Realty East LLC, and Webpro Realty are among the companies offering these services. Whether you’re looking to buy, sell, or invest in real estate, their services can make the process smoother and more efficient.
In Lakeland FL 33809, the premier realty network and other real estate agencies provide an all-around real estate service for buying and selling properties. They offer services such as:
Locating properties that meet buyers’ requirements
Listing and promoting homes for sellers
Providing end-to-end support throughout the buying and selling process
As real estate agent fees for selling a property typically account for around 2.70% of the final sale price, employing an agent can be a cost-saving strategy to maneuver the local real estate market.
The vibrant community of Lakeland FL 33809 has been a beacon for individuals and businesses alike. From families like Allen’s, who have chosen to make Lakeland their permanent home, to businesses like Keymark Corporation, which has created 100 new jobs in the area, there are countless success stories that underscore the appeal of this area. These stories serve as a testament to the quality of life and opportunities that Lakeland offers.
From diverse housing options and thriving neighborhoods to a robust real estate market and a range of amenities, Lakeland FL 33809 has something for everyone. Whether you’re a family, a young professional, a retiree, or an investor, this area offers an array of opportunities for a rewarding lifestyle or investment. So, are you ready to make Lakeland your home or your next investment destination?
Lakeland, Florida has a higher total crime rate but a lower violent crime rate compared to the entire state. It has both safe and unsafe neighborhoods, so it's important to research specific areas before deciding.
Lakeland, Florida is famous for being home to the largest one-site collection of Frank Lloyd Wright architecture in the world at Florida Southern College, Circle B Bar Reserve, Detroit Tigers Spring Training, and Safari Wilderness. These attractions make it a popular destination for tourists.
Yes, Lakeland, Florida is generally considered a cheap place to live, with a cost of living 13% lower than the national average and 17% lower than the state average.
The demographics of 33809 indicate a primarily white population, with a larger number of seniors and people in their late 20s to early 40s, as well as a slightly lower number of single adults and a slightly higher number of families.
Area code 33809 is within NE Lakeland FL.
407-575-5392
Wendy Morris LLC
Licensed in the State of Florida
BK 3146762
16797 Broadwater Avenue
Winter Garden, Florida 34787
