The lake is relatively shallow with an average depth of 5 feet (1.5 m).

The lake bears the name of Streaty Parker, a pioneer settler.

There are three boat ramps and two fishing piers around the lake for those purposes.

The lake is well stocked with Largemouth bass, bluegill, and crappie.

The Lake-to-Lake Trail starts here and continues through downtown Lakeland, ending at Lake John.