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Overview

2 bd2 ba1,176 sqftCondominium
TypeCondominium
Condo dues$600/mo
Built1970
Lot2,444 sqft
Living area1,176 sqft
Price / sqft$152

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

About this home

ThermostatWindow TreatmentsRain GuttersClubhouseDeed RestrictionsStreet LightsDishwasherDisposal

506 Cameo Dr is a 1970-built home in Imperial Southgate Villas Sec 02, Lakeland. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,176 square feet of living space. Listed at $179,000 (about $152/sqft), 6 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. Condo dues run $600 monthly.

From the listing

Welcome to 506 Cameo Drive, a charming 2-bedroom, 2-bath condo offering 1,176 square feet of comfortable, single-story living in the desirable Imperial Southgate Villas community! This beautifully maintained villa features a spacious, functional layout with an easy flow for everyday living and entertaining. The renovated kitchen boasts elegant granite countertops, soft-close cabinetry, and stainless steel appliances, combining style with everyday functionality. Beautiful marble tile flooring extends throughout the main living areas, kitchen, and bathrooms, adding a touch of elegance and durability. Additional improvements include a complete repiping in 2017 and an updated electrical panel in 2018, providing added peace of mind. Enjoy truly low-maintenance living with condominium association fees that include water, internet, cable TV, lawn care, and exterior building maintenance. Community amenities include a refreshing swimming pool and shuffleboard courts, perfect for relaxing or spending time with neighbors. Conveniently located in South Lakeland, you're just minutes from shopping, dining, medical facilities, recreation, and public transportation, with easy access to the Polk Parkway and surrounding areas. Don't miss this opportunity to enjoy comfortable, low-maintenance Florida living. Schedule your private showing today!

The essentials

Built
1970
Price / sqft
$152
On market
6 days
Annual tax
$162
Condo dues
$600/mo
Flood zone
X · Low risk
Lot
2,444 sqft
Type
Condominium

At a glance

Payment

Est. monthly payment
$1,637/mo
Down payment (20%)
$35,800
Property taxes
$13/mo
Condo dues
$600/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
1970
Lot
2,444 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
-
Days on Market
6
Thermostat
Window Treatments
Rain Gutters
Clubhouse
Deed Restrictions
Street Lights
Dishwasher
Disposal
Microwave
Range
Refrigerator
Elementary
Southwest Elem
Middle
Southwest Middle School
High
Kathleen High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone X
Annual Tax (2025)
$162
Parcel #
23-28-36-139020-000470

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
Imperial Southgate Villas Sec 02
County
Polk
MLS Area
33803 - Lakeland
Lot Size
2,444 sqft
Condo dues
$600/mo
Beverly Short

Price history

Date
Event
Price
10/7/2026
Listed for sale
Source: Stellar MLS #L4965612
$179,000
$152/sqft

Neighborhood

506 Cameo Dr
Lakeland, FL, 33803 · 33803 - Lakeland

Market insights

Offer Insights

Choose an offer strength

List price: $179,000
$175,000 – $179,000
97.3% – 100% of listTops out right at the list price
80% of listList price
10 of the last 19 condo closings in 33803 landed at this number or higher (53%). The median one sat 50 days before it went under contract, and this one is on day 6.

Sample: 19 closed condo sales in 33803 over the last 8 months, Stellar MLS. A small sample in a thin market. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$1,637/mo
Principal & interest$934
Property taxes$13
Insurance$90
HOA$600
Down payment20% · $35,800
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

$179,000

$152 per sq ft

Beds and baths

2 beds, 2 baths

Size

1,176 sq ft

Time on market

6 days

Year built

1970

Monthly payment

About $1,637/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $162 annual tax bill, insurance, and $600/mo in condo dues.

Condo dues

$600/mo

Managed by Beverly Short.

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 byDALTON WADE INCListing agent: Ian RylottListing data from Stellar MLS, MLS# L4965612.

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