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$300,000 Just Listed
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Property Description
Welcome to Villas on the Lake, a sought-after 55+ lakefront community on scenic Kelly Lake, where relaxed living meets an active, resort-style lifestyle. Residents enjoy an impressive lineup of amenities including a clubhouse, lakefront dock and boat ramp, sparkling pool, fitness room, shuffleboard, and tennis courts-perfect for staying social and enjoying Florida living at its best. This move-in ready, well-maintained 2-bedroom, 2-bath home offers an easy, open floor plan with a bright sunroom/den-an ideal spot to relax with morning coffee, read a book, or entertain friends. Ceramic tile flooring throughout provides a clean, cohesive look and effortless maintenance. The updated kitchen features warm maple wood cabinetry, granite countertops, a stainless steel sink, newer appliances, and a cozy breakfast nook. Deep pantry-style cabinetry offers excellent storage and keeps everything neatly tucked away. The spacious primary suite includes a walk-in closet, mounted TV (included), and window treatments. The primary bath has been tastefully updated with a wood vanity, granite countertop, decorative bowl sink, and a walk-in shower with a glass door. A nicely updated guest bath with a pedestal sink adds charm and convenience for visitors. Additional highlights include a 2-car garage with pull-down attic access, washer and dryer included, A/C and water heater (2008), and roof and gutters replaced in 2010. Enjoy truly low-maintenance living in a friendly, lakefront community-schedule your private showing today and start enjoying the lifestyle you deserve.
Full Property Details
Full Property Details for 551 Grand Cayman Cir
General
- Price: $300,000
- HOA FEE: $315/month
- HOA FEE FREQ.: Quarterly
- Taxes: $1,391 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: L4958574
- Updated: 1/17/2026
- Added to Site: 1 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 9
- Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Walk-In Closet(s), Window Treatments
- Fireplace: Yes
- Fireplace(s): Electric
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Garage
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Irrigation System, Lighting, Sidewalk
- Deck/Patio: Patio
- Porch/Patio/Deck: Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Driveway, Garage Door Opener
Location
- Area: 33803 - Lakeland
- County: Polk
- Development Name: 33803 - Lakeland
- Subdivision: VILLAS BY LAKE
- Driving Directions: West on N Parkway Frontage Rd to Villas By The Lake, North on Caribbean Dr to Grand Caymen Circle to 551.
- Direction Faces: West
Community
- Community Name: 33803 - Lakeland
- Community Features: Water Access, Association Recreation - Owned, Community Mailbox, Deed Restrictions, Fitness Center, Pool, Special Community Restrictions, Tennis Court(s)
- Association: Yes
- Assoc. Name: Dave Rhinehart
- Assoc. Fees Include: Cable TV, Community Pool, Escrow Reserves Fund, Internet, Maintenance Grounds, Pool Maintenance, Recreational Facilities
- Pet Restrictions: Buyer or Buyers Agent should verify all pet restrictions with the HOA directly.
- Adult Community: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Public, Sewer Connected
Structural Information
- Architectural Info: Contemporary
- Architectural Style: Contemporary
- Exterior Const.: Block, Brick
- Roof: Shingle
- Windows: Blinds, Double Pane Windows, Shutters
- Stories/Levels: One
- Square Feet: 1,260
- Sq. Ft. Source: Public Records
- Year Built: 1995
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,914
- Lot Size: 4914
- Lot Dimensions: 41 x 123
- Frontage: Street Paved
- Street/Road Desc.: Paved
Water Features
- Water Access: Yes
- Water Access Desc: Lake
Financial Considerations
- Association Fee: $945
- Assoc Fee Freq.: Quarterly
- Assoc Fee Desc.: Required
- Tax Amount: $1,391.22
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: VILLAS BY-THE-LAKE PB 87 PGS 37 & 38 LOT 47 & INT IN REC AREA & COMMON AREAS
- Flood Zone Info: X
- APN: 232836139032000470
- Property ID: 232836139032000470
- Block/Lot/Section: 139032
Listed by Exp Realty Llc
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Schools
Schools serving 551 Grand Cayman Cir
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Southwest Elementary School 2650 Southwest Avenue, Lakeland, FL 33803 | PK-5 | 1.1 mi |
Kathleen Senior High School 1100 Red Devil Way, Lakeland, FL 33815 | 9-12 | 4.6 mi |
Southwest Middle School, Lakeland, FL 2815 Eden Parkway, Lakeland, FL 33803 | 6-8 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 551 Grand Cayman Cir
Date
Details
Price
Change
Source
1/16/2026
Listed
$300,000
76.47%
MLS
5/16/2014
Sold
$170,000
—
Public Record
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
Tax History for 551 Grand Cayman Cir
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,391
4%
$120,297
3%
2024
$1,340
4%
$116,907
3%
2023
$1,293
6%
$113,502
6%
2021
$1,224
-2%
$106,986
-3%
2022
$1,244
2%
$110,196
4%
2021
$1,224
8%
$105,509
4%
2017
$1,129
-5%
$101,214
-2%
2019
$1,188
5%
$103,137
4%
2017
$1,129
2%
$99,132
2%
2016
$1,111
-1%
$97,093
1%
2015
$1,123
-16%
$96,418
-11%
2014
$1,330
—
$108,635
1%
2013
$1,327
—
$107,030
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 551 Grand Cayman Cir
551 Grand Cayman Circle, Lakeland, FL 33803 (MLS# L4958574) is a Single Family property with 2 bedrooms and 2 full bathrooms. 551 Grand Cayman Circle is currently listed for $300,000 and was received on January 16, 2026. Want to learn more about 551 Grand Cayman Circle? Do you have questions about finding other Single Family real estate for sale in Lakeland? You can browse all Lakeland real estate or contact a Coldwell Banker agent to request more information.

