1506 Olive Street, Lakeland, FL 33815

Lakeland
Local realty services provided by:ERA Advantage Realty, Inc.
1506 Olive Street,Lakeland, FL 33815
$1,750,000
Virtual Tour
  • 6.63 Acres
  • Lots / Land
  • Active
Listed by: emily lietz
Office: engel & voelkers lakeland
MLS#:L4964864
Source:MFRMLS

Price summary

  • Price:$1,750,000

About this home

Rare infill redevelopment opportunity in Lakeland consisting of a five-parcel assemblage totaling approximately 8.15 gross acres based on parcel information assembled for the offering. The assemblage includes an existing approximately 1,472-SF improvement at 1506 Olive Street. Significant land-use, zoning and pre-development work has already been completed. City of Lakeland Ordinance 5946 established PUD (Planned Unit Development) zoning on an approximately 9.1-acre project area to allow a three-story multifamily residential development with a maximum of 96 dwelling units, subject to the conditions of the ordinance and subsequent development approvals. The PUD legal description includes certain closed street and alley areas, and the ordinance separately addresses existing rights-of-way and easements. Buyers should independently verify the relationship between the listed parcel acreage and the larger PUD area through current survey, title and recorded documents. Seller-provided...

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Home facts

  • Subdivision & Development:WESTGATE SUB
  • Listing ID #:L4964864
  • Added:1 day(s) ago
  • Updated:September 06, 2026 at 03:40 PM

Structure and exterior

  • Lot area:6.63 Acres
  • Lot Features:Buildable
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,750,000
  • Tax amount:$3,530 (2025)

Features and amenities

  • Pool features:Public Pool
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