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5320 Banana Lake Rd

Lakeland, FL 33812

5 bd 3 ba 2,611 sqft Built 2020 Lot 14,810 sqft single_family
Most recent sale
$540,000
May 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 24, 2022 Sold $540,000 MLS #L4929191
Apr 13, 2022 Listed $525,000 MLS #L4929191
Feb 27, 2019 Sold $58,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $311,459 $64,000 $375,459 $4,905
2021 $234,354 $58,000 $292,354 $4,498
2020 $55,000 $55,000 $965
2019 $55,000 $55,000 $792

Property facts

Year built
2020
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
2,611 sqft
Lot size
14,810 sqft
ZIP code
33812
City
Lakeland
Street
Banana Lake Rd
Coordinates
27.96856, -81.89873

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,830
Gross rental yield
10.73%
Implied cap rate
6.98%
Trend-extrapolated value

Frequently asked questions

When did 5320 Banana Lake Rd last sell?
5320 Banana Lake Rd most recently sold on May 24, 2022 for $540,000.
What is the current tax assessment for 5320 Banana Lake Rd?
The most recent total assessment for 5320 Banana Lake Rd (year 2022) is $375,459 with $4,905 in property tax.
How does 5320 Banana Lake Rd's assessment compare to its last sale price?
The current assessment is 30.5% below the last sale price of $540,000.
When was 5320 Banana Lake Rd built?
5320 Banana Lake Rd was built in 2020.
How does 5320 Banana Lake Rd compare to others on Banana Lake Rd?
We track 5 other properties on Banana Lake Rd. Browse the list under "Other properties on Banana Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 5320 Banana Lake Rd?
5320 Banana Lake Rd is a 5 bed, 3 bath, 2,611 sqft, 14,810 sqft lot single_family.
Is 5320 Banana Lake Rd a flip candidate?
No — 5320 Banana Lake Rd does not appear in our flips dataset.
Is 5320 Banana Lake Rd a tax-appeal candidate?
No — 5320 Banana Lake Rd 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
-1.1%
Implied 1-yr
-4.2%
2026 Q3
$469.6K
2026 Q4
$464.3K
ZIP 33812 — Median Price History + Forecast

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