542 & 540 Clayton Avenue, FL542 & 540 Clayton Avenue, FL542 & 540 Clayton Avenue, FL
Stellar MLS
1 / 28

$525,000

542 & 540 Clayton Avenue

Lakeland, FL 33801

Listing updated: July 16, 2026 at 6:48 AM ET

Active
Stellar MLSListing courtesy of Regal Real Estate Llc · Debbie Ward-Terry · MLS #L4963551 · Active · 863-660-7927
6
Beds
3
Baths
2,529
Sq Ft
0.29
Acres
1953
Built
$208/sqft360° tour
Duplex

Property type

1953

Year built

12,528 sqft

Lot size

$208

Price / sq ft

No HOA

HOA dues

1

Day on market

1

Garage space

X

Flood zone

About this home

Discover the perfect opportunity to live, invest, or generate rental income with this unique property featuring two beautifully remodeled homes and a 29' x 22' detached concrete block storage building on one lot. Whether you choose to live in one home and rent the other, or maximize your returns by leasing both, this property offers incredible flexibility. The larger residence features 4 bedrooms, 2 bathrooms, and 1,679 square feet of living space. Inside, you'll find a spacious living room, separate family room, inside laundry, and a stunning new kitchen complete with new cabinetry, countertops, and appliances. Luxury vinyl plank flooring flows throughout the home, complemented by fresh interior paint and new ceiling fans. The second home offers 2 bedrooms, 1 bathroom, and includes a single-car garage with an adjoining storage/laundry room featuring washer and dryer hookups. Like the main home, it has been completely remodeled with luxury vinyl plank flooring, fresh paint, new ceiling fans, and a beautifully updated kitchen with new cabinets, countertops, and appliances. Adding even more value is the detached 29' x 22' concrete block storage building, complete with electricity and a half bath—ideal for a workshop, hobby space, business storage, or additional flex space. Conveniently located in the heart of Lakeland, this property is just a short walk to both Lake Hollingsworth and Lake Morton, offering easy access to scenic walking trails, parks, and all the charm of central Lakeland. Don't miss this rare opportunity to own a move-in-ready, income-producing property in one of Lakeland's most desirable locations!

Estimated monthly payment

Principal & interest$2,655
Property taxes$277
Home insurance (est.)$241

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history1 days on market

  1. Status: Active
    Jul 15, 2026
  2. Listed$525,000
    Jul 15, 2026
  3. Price increased$525,000

Facts & features

Property type
Residential Income
Sub type
Duplex
Status
Active
Days on market
1
Subdivision
Biltmore Park Sub
County
Polk
Year built
1953
Living area
2,529 sq ft
Price/sq ft
$208
Lot size
12,528 sq ft
Lot category
1/4 to less than 1/2
Flood zone
X (12105C0315G)
Garage
1 spaces
Annual taxes
$3,319 (2025)
Parcel #
24-28-19-218000-003010
Zoning
RB-1
MLS #
L4963551

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Interior Details

Bedrooms
6
Flooring
Luxury Vinyl
Appliances
Electric Water Heater, Microwave, Range, Refrigerator
Interior features
Ceiling Fans(s), Eat-in Kitchen, Window Treatments
Laundry
In Garage, Laundry Room

Heating & Cooling

Heating
Electric
Cooling
Central Air

Parking

Garage spaces
1
Attached garage
Yes

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Ownership
Fee Simple

Exterior & Construction

Exterior features
Outbuildings
Construction materials
Block
Roof
Shingle
Foundation
Slab
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Connected, Electricity Connected

Listing Details

Listing date
2026-07-15
On market date
2026-07-15
Original list price
$525,000
MLS area
33801 - Lakeland
Listing AOR
Lakeland
Status changed
2026-07-15
Tax legal description
BILTMORE PARK SUB PB 8 PG 41 BLK 3 LOT 1 LESS RD R/W & LOT 14

Flood risk

Minimal riskFEMA Zone XPanel 12105C0315G

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

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.

Based on information submitted to the MLS GRID as of July 16, 2026 at 6:48 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA