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5116 Martin Luther King Dr

Bowling Green, FL 33834

3 bd 1 ba 1,212 sqft Built 1980 Lot 11,935 sqft single_family
Most recent sale
$115,000
Jan 8, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 25, 2024 Sold $196,000 Public Record
Aug 30, 2024 Sold $196,000 StellarMLS
Jul 21, 2024 Price changed $199,000 StellarMLS
May 16, 2024 Price changed $199,900 StellarMLS
Apr 24, 2024 Listed $209,900 StellarMLS
Jan 8, 2024 Sold $115,000 Public Record
Jul 1, 1993 Sold $39,560 Public Record
Nov 1, 1988 Sold $25,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $131,121 $14,950 $146,071 $3,195
2024 $131,121 $14,950 $146,071 $1,677
2022 $95,986 $10,166 $106,152 $1,571
2021 $53,600 $766
2020 $52,847 $739
2019 $52,201 $728
2018 $51,228 $717
2017 $50,174 $721
2016 $49,142 $703
2015 $48,800 $706
2014 $48,413 $672
2013 $47,834 $655
2012 $48,560 $679
2011 $48,584 $679
2010 $47,866 $685
2007 $45,205 $490

Property facts

Year built
1980
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,212 sqft
Lot size
11,935 sqft
ZIP code
33834
City
Bowling Green
Street
Martin Luther King Dr
Coordinates
27.64400, -81.82992

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$690
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5116 Martin Luther King Dr last sell?
5116 Martin Luther King Dr most recently sold on Jan 8, 2024 for $115,000.
What is the current tax assessment for 5116 Martin Luther King Dr?
The most recent total assessment for 5116 Martin Luther King Dr (year 2025) is $146,071 with $3,195 in property tax.
How does 5116 Martin Luther King Dr's assessment compare to its last sale price?
The current assessment is 27.0% above the last sale price of $115,000.
When was 5116 Martin Luther King Dr built?
5116 Martin Luther King Dr was built in 1980.
How does 5116 Martin Luther King Dr compare to others on Martin Luther King Dr?
We track 7 other properties on Martin Luther King Dr. Browse the list under "Other properties on Martin Luther King Dr" to compare beds, baths, and sale history.
What are the property facts for 5116 Martin Luther King Dr?
5116 Martin Luther King Dr is a 3 bed, 1 bath, 1,212 sqft, 11,935 sqft lot single_family.
Is 5116 Martin Luther King Dr a flip candidate?
Yes — 5116 Martin Luther King Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5116 Martin Luther King Dr a tax-appeal candidate?
No — 5116 Martin Luther King Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.3%
Implied 1-yr
-13.2%
2026 Q3
$195K
2026 Q4
$195K
ZIP 33834 — Median Price History + Forecast

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