This Nature Lovers paradise is a rare opportunity to own a pool home on Lake Sangri La. This home features 3 Bedrooms 2 Bathroom a large outside pool/patio area & a 2 car garage. Other features include a large kitchen/dining room combination, a roomy laundry room with extra cupboard space for storage of dry goods. Situated on a massive 193'x190' Lot backing up to Lake Shangri La, Mother Nature shows off every morning & night! The visitors you will encounter range from Ducks, Blue Heron, Bass, Turtles, Butterflies. A truly magnificent piece of nature. Whether you're swimming in the pool or sipping coffee from the kitchen table you'll have a beautiful view of the lake! Included in the sale are (2) 10X12 Sheds (one with power the other wired for power) a great place to keep your fishing gear and kayak! This home has been very well maintained over the years by an owner who cares! A new roof in December of 2023. Centrally located - 1hr to Disney, 1 hr to Clearwater Beach, 20 Minutes to Tampa Airport (depending on traffic) 30 Minutes to Downtown Lakeland. Homes like this don't come around every day. County Web site has this home listed as AE Flood zone. We have attached a document from FEMA (LOMA) stating the home is not in a flood zone.
Est. $2,522 per month, based on comparable rentals
Sale and tax history for 506 Gay Rd
Sale History
Tax History
Date
Event
Price
Stellar MLS as Distributed by MLS Grid #TB8514530
Aug 14, 2026
Sold
$390,000
$253/sq ft
Jun 12, 2026
Pending
—
Jun 1, 2026
Listed
$389,900
$253/sq ft
Stellar MLS as Distributed by MLS Grid #W7878571
Oct 10, 2025
Price Changed
*
Sep 1, 2025
Listed
*
Public Records
Dec 15, 2003
Sold
$165,000
$107/sq ft
Public Records
Apr 1, 1980
Sold
$16,000
$10/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$992 (+9.2%)
2024
$909 (+4.1%)
2023
$873 (+8.0%)
2022
$808 (+1.9%)
2021
$793 (+8.1%)
2020
$733 (+8.5%)
2019
$676 (+5.6%)
2018
$640 (+1.2%)
2017
$633 (+3.0%)
2016
$614 (−1.1%)
2015
$621 (+3.0%)
2014
$603 (+0.2%)
$34,694 + $15,415
$50,109
2013
$602 (−66.8%)
$13,495 + $28,935
$42,430
2012
$1,811
Public record
Public record
Zoning
Permits
Beds
3
Baths
2
Stories
1
Lot width
193 ft.
Lot depth
90 ft.
Lot size
0.4 Acres
Year renovated
2002
Sq. Ft.
1,542
Year built
1980
Style
Single Family Residential
County
Hillsborough County
APN
0636785200
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 26, 2026.
RSC-6
Residential, Single-Family Conventional District
The purpose of this district is to provide the opportunity for 7,000 sq ft or larger lot single-family conventional development in a suburban living environment in conformance with the provisions of the Comprehensive Plan.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Other
Educational / school
Library
Recreation
Park & open space
Jan 2, 2024 • Final
Residential roof trade
Tear off and install a new shingle roof on a residential building.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Garage Spaces: 2
Has Attached Garage
Has Garage
Interior
Virtual Tour
Bedroom Information
# of Bedrooms: 3
Bathroom Information
# of Full Baths (Total): 2
Laundry Room Information
Laundry Features: Laundry Room
Other Rooms Information
# of Rooms: 7
Heating & Cooling
Heating Information: Heat Pump
Cooling Information: Central Air
Interior Features
Interior Features: Ceiling Fans(s)
Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator