125 N Kentucky Ave #501 & 503, photo 1
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Overview

1 bd3 ba2,000 sqftCondominium
TypeCondominium
HOA$1,950/mo
Built2008
Lot235 sqft
Living area2,000 sqft
Price / sqft$300

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Open FloorplanSolid Surface CountersSolid Wood CabinetsWalk-in Closet(s)Window TreatmentsLightingRain Gutters

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.

From the listing

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.

The essentials

Built
2008
Price / sqft
$300
On market
181 days
Annual tax
$7,357
HOA
$1,950/mo
Flood zone
X · Low risk
Lot
235 sqft
Type
Condominium

At a glance

Condo
5 stories · 2008
Assigned parking
2,000 sqft
Living area

Payment

Est. monthly payment
$5,992/mo
Down payment (20%)
$120,000
Property taxes
$613/mo
HOA
$1,950/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
2008
Lot
235 sqft
Cooling
Central Air
Heating
Central
Parking
Assigned, Covered
Days on Market
181
Ceiling Fans(s)
Open Floorplan
Solid Surface Counters
Solid Wood Cabinets
Walk-in Closet(s)
Window Treatments
Lighting
Rain Gutters
Sidewalk
Sidewalks
Street Lights
Cooktop
Dishwasher
Disposal
Dryer
Electric Water Heater
Exhaust Fan
Microwave
Range
Refrigerator
Tankless Water Heater
Washer
Homestead exemption on file Flood Zone X
Annual Tax (2025)
$7,357
Parcel #
24-28-18-211515-005010

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Lofts On Park Condo
County
Polk
MLS Area
33801 - Lakeland
Lot Size
235 sqft
City Limits
HOA
$1,950/mo
AIA Property Management

Price history

Date
Event
Price
8/13/2026
Price change
Source: Stellar MLS #L4961138
$600,000-7.7%
$300/sqft
4/17/2026
Listed for sale
Source: Stellar MLS #L4961138
$650,000
$325/sqft

Neighborhood

125 N Kentucky Ave #501 & 503
Lakeland, FL, 33801 · 33801 - Lakeland

Market insights

Offer Insights

Choose an offer strength

List price: $600,000
$595,000 – $600,000
99.5% – 100% of listTops out right at the list price
80% of listList price
8 of the last 15 condo closings in Polk County landed at this number or higher (53%). The median one sat 18 days before it went under contract, and this one is on day 181 after a $50,000 cut.

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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Calculator

Est. monthly payment
$5,992/mo
Principal & interest$3,129
Property taxes$613
Insurance$300
HOA$1,950
Down payment20% · $120,000
Interest rate6.80%
Loan term

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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.

Offer

What should I offer?

Have another question?

Brokered byKELLER WILLIAMS REALTY SMARTListing agent: Darren MorenoListing data from Stellar MLS, MLS# L4961138.

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