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$650,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 2 Full Baths
  • 1 Partial Bath
  • 2,000 Sq. Ft.
  • Updated 1 day ago
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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, walk-in closet, 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.

Full Property Details for 125 N Kentucky Ave #501 & 503

General

  • Price: $650,000
  • HOA FEE: $1,029/month
  • Taxes: $2,448 (2025)
  • Status: Active
  • Type: Condo
  • Source: MidFloridaRegionalMLS
  • MLS ID: L4961138
  • Updated: 4/18/2026
  • Added to Site: 2 day(s) ago

Rental Information

  • Min. Lease: 1-2 Years

Interior

  • Number of Rooms: 3
  • Interior Features: Ceiling Fan(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s), Window Treatments
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Furnishings: Unfurnished
  • Flooring: Concrete

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1

Other Rooms

  • Laundry: Laundry Closet

Exterior

  • Exterior Features: Lighting, Rain Gutters, Sidewalk

Parking

  • Parking Features: Assigned, Covered

Location

  • Area: 33801 - Lakeland
  • County: Polk
  • Development Name: 33801 - Lakeland
  • Subdivision: LOFTS ON PARK CONDO
  • Driving Directions: N Kentucky Avenue to Cedar Street intersection. Use municipal street parking. Building Entrance on N block of Cedar Street.
  • Direction Faces: North

Community

  • Community Name: 33801 - Lakeland
  • Community Features: Sidewalks
  • Association: Yes
  • Assoc. Name: AIA Property Management
  • Assoc. Fees Include: Common Area Taxes, Maintenance Structure, Manager, Pest Control, Security, Trash
  • Pet Restrictions: 100lbs.

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: BB/HS Internet Available, Cable TV Available, Cable Connected, Electricity Available, Sewer Connected, Street Lights, Underground Utilities, Water Connected

Structural Information

  • Architectural Info: Other
  • Architectural Style: Other
  • Exterior Const.: Block, Brick, Stucco
  • Roof: Membrane
  • Common Walls: Corner Unit
  • Windows: Display Window(s)
  • Stories/Levels: One
  • Square Feet: 2,000
  • Sq. Ft. Source: Public Records
  • Year Built: 2008

Lot Features

  • Property View: City
  • Lot Size (Acres): 0.01
  • Lot Size (Sq. Ft.): 235
  • Lot Size: 235
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Association Fee: $1,029
  • Assoc Fee Freq.: Monthly
  • Assoc Fee Desc.: Required
  • Tax Amount: $2,448.84
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: LOFTS ON THE PARK A CONDOMINIUM OR 7320 PGS 1594-1655 UNIT 501 & AN UNDIVIDED INT IN THE COMMON ELEMENTS AS PER CONDO DECLARATION
  • Flood Zone Info: X
  • APN: 242818211515005010
  • Property ID: 242818211515005010

Listed by Keller Williams Realty Smart

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Listing agent

— 125 N Kentucky Ave #501 & 503 —

  • Keller Williams Realty Smart

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 125 N Kentucky Ave #501 & 503

School District:Polk County School District
NameGradesDistance
Philip O'brien Elementary School
1225 East Lime Street, Lakeland, FL 33801
PK-51 mi
Sleepy Hill Middle School
2215 Sleepy Hill Road, Lakeland, FL 33810
6-84.1 mi
Lakeland Senior High School
726 Hollingsworth Road, Lakeland, FL 33801
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 125 N Kentucky Ave #501 & 503 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/17/2026
Listed
$650,000
3.17%
MLS
3/28/2023
Sold
$630,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 125 N Kentucky Ave #501 & 503

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,449
3%
$178,923
3%
2024
$2,369
-63%
$173,880
-45%
2023
$6,362
88%
$314,500
93%
2021
$3,384
-19%
$163,000
-41%
2022
$4,183
24%
$275,500
81%
2021
$3,384
12%
$152,500
6%
2017
$3,034
—
$144,000
3%
2017
$3,034
-7%
$140,000
-8%
2019
$3,266
56%
$152,500
60%
2016
$2,099
2%
$95,500
3%
2015
$2,067
11%
$92,500
7%
2014
$1,869
-4%
$86,500
-2%
2013
$1,948
—
$88,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Keller Williams Realty Smart

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125 N Kentucky Avenue #501 & 503, Lakeland, FL 33801 (MLS# L4961138) is a Condo property with 1 bedroom, 2 full bathrooms and 1 partial bathroom. 125 N Kentucky Avenue #501 & 503 is currently listed for $650,000 and was received on April 17, 2026. Want to learn more about 125 N Kentucky Avenue #501 & 503? Do you have questions about finding other Condo real estate for sale in Lakeland? You can browse all Lakeland real estate or contact a Coldwell Banker agent to request more information.

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