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About this home
125 N Kentucky Ave #501 & 503 is a 2008-built home in Lofts On Park Condo, Lakeland. Inside you'll find 1 bedrooms, 3 bathrooms, and 2,000 square feet of living space. Listed at $600,000 (about $300/sqft), 181 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $1,950 monthly.
Searching for a truly rare opportunity in the heart of Lakeland? This is the only downtown penthouse of its kind. Originally designed by combining two top-floor units, including a coveted corner unit, during construction, this one-of-one residence offers approximately 2,000 square feet of sophisticated urban living with breathtaking panoramic views. Perched above Historic Downtown Lakeland, you’ll enjoy walkable access to dining, shopping, and entertainment, all while living in a space that feels completely elevated and private. From the moment you step inside, the custom details set this penthouse apart—featuring soaring 12-foot exposed ceilings, polished concrete floors, rich cypress millwork, and thoughtfully curated finishes throughout. Unit 501 serves as the main living space, showcasing a gourmet kitchen, expansive living and dining areas, and a second bedroom—all positioned to capture stunning top-floor, corner-unit views overlooking Munn Park and downtown. Unit 503 is dedicated to the luxurious primary suite, complete with a spa-like en-suite bathroom, 2 walk-in closets, and serene north-facing views of the city skyline. This is more than a residence—it’s a statement. Opportunities like this simply do not come along often. Schedule your private showing today. Furniture can convey.
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The essentials
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Details
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
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Sample: 15 closed condo sales in Polk County over the last 8 months, Stellar MLS. Widened past this ZIP to get a usable sample. A small sample in a thin market. A starting point, not a guarantee.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$600,000
$300 per sq ft
Beds and baths
1 beds, 3 baths
Size
2,000 sq ft
Time on market
181 days
Year built
2008
Monthly payment
About $5,992/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $7,357 annual tax bill, insurance, and the $1,950/mo HOA fee.
HOA fee
$1,950/mo
Managed by AIA Property Management.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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