Mixed Use at 601 IMPERIAL BLVD, LAKELAND
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$729,900

601 IMPERIAL BLVD
LAKELAND, FL 33803
Listed by David Reyes · KELLER WILLIAMS REALTY SMART 1
Bedrooms
N/A
Bathrooms
N/A
Living area
2,087 sqft
Year built
1970

About this home

This excellent opportunity is located less than half a mile from South Florida Avenue in Lakeland. South Florida Avenue serves as the primary north–south corridor through Lakeland, connecting North Lakeland and Interstate 4 (I-4) to South Lakeland and the Polk Parkway, providing strong regional accessibility. The property is situated just a few blocks from Walmart and the Merchants Walk Shopping Center, within The Villas neighborhood. This location offers convenient access to a wide range of retail, dining, and daily amenities. The existing building encompasses approximately 2,087 square feet and features a large meeting hall, kitchen, and separate male and female restrooms. The site, combined with an additional parcel, totals approximately 1.35± acres and includes a pool and shuffleboard court. With electric, water, and sewer already in place, the property is well-positioned for straightforward repositioning or redevelopment. This site offers flexible potential for continued use as a neighborhood recreational facility or for rezoning to accommodate office or other low-intensity commercial uses. Additionally, there may be an opportunity to redevelop the property for multifamily use, including duplex, triplex, or quadplex configurations. All zoning, permitted uses, and redevelopment potential should be independently verified with the appropriate governing authority during the due diligence period.

Property details

MLS #
MFRP4938490
Property type
Mixed Use
Subdivision
N/A
Status
Active
Days on market
143
On market date
April 18, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.35 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
CARLTON PALMORE ELEMENTARY SCHOOL
0.93 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
457
Student:teacher ratio
14.7:1
District
POLK
Middle
SOUTHWEST MIDDLE SCHOOL
0.79 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
806
Student:teacher ratio
16.1:1
District
POLK
High
LAKELAND SENIOR HIGH SCHOOL
2.84 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
2,005
Student:teacher ratio
18.2:1
District
POLK

Walkability

Blended score for LAKELAND's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

85
Highly walkable
out of 100
EPA National Walkability Index
15.5 / 20 -- Most walkable
Nearby-amenity density
95 / 100
Restaurants & cafes20
Grocery stores5
Parks2
Schools14
Transit stops20
Pharmacies7

Market position

How this listing compares to current activity in LAKELAND, from live MLS data.

On the market 143 days -- 66 more days than LAKELAND's current average of 77 days.
For reference, the median list price across 1,652 active listings in LAKELAND right now is $310,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$4,546/mo
$145,980 down
$583,920 loan
Principal & interest$3,787
Property tax (est.)$608
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 16 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.