Land and home values in Lake Magdalene, FL
Lake Magdalene is a census-designated community in Hillsborough County, Florida, home to about 32,083 people. Residential land runs about $16.50 per sq ft, the typical home is worth about $390,000, and a 2-bedroom rents for about $1,940 a month, as of October 12, 2026.
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| Land: residential | $16.50 | per sq ft |
| Land: residential | $718,740 | per acre |
| Land: quarter-acre lot | $179,685 | 10,890 sq ft |
| Home: typical (median) | $390,000 | value |
| Home: entry-level | $223,000 | lower quartile |
| Home: upper-end | $641,000 | upper quartile |
| Build new | $157 | per sq ft, no land |
| Rent: 1-bedroom | $1,670 | per month |
| Rent: 2-bedroom | $1,940 | per month |
| Rent: 3-bedroom | $2,490 | per month |
| Rent: 4-bedroom | $3,040 | per month |
| Gross yield, 2-bed | 6.0% | a year |
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Questions people ask
How much is land worth in Lake Magdalene, FL?
Residential land in Lake Magdalene, FL is about $16.50 per square foot, or $718,740 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $179,685. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Lake Magdalene, FL?
The typical (median) home in Lake Magdalene, FL is worth about $390,000, with entry-level homes around $223,000 and upper-end homes around $641,000, as of October 2026.
How much is rent in Lake Magdalene, FL?
A 2-bedroom rents for about $1,940 a month in Lake Magdalene, FL, a 1-bedroom about $1,670 and a 3-bedroom about $2,490 (gross rent including utilities, HUD Fair Market Rent basis).
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.