125 N KENTUCKY AVENUE UNIT 501 & 503

Condo/Co-op For Sale

$650,000

BTC: 10.15625000

ETH: 372.27949599

47 days

For Sale

Condo/Co-op

1 bds •

2 ba •

2,000 sqft

Overview

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.

Location

Florida • LAKELAND • 33801 • Condo/Co-op • For Sale

Details

Type:

Residential

Parking:

Assigned / Covered

Year Built:

2008

Lot:

0.01 Acres

Heating:

Central

Price/sqft:

$325

Cooling:

Central Air

HOA:

$1,950

Type:

Residential

Parking:

Assigned / Covered

Year Built:

2008

Lot:

0.01 Acres

Heating:

Central

Price/sqft:

$325

Cooling:

Central Air

HOA:

$1,950

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

Valuation

Our model vs. what's actually selling nearby.

Estimate

$650,000

$275K – $713K

Confidence Low

List vs. estimate

At estimate

List $650,000 · +0.0%

List is in line with recent comparable activity.

Price per sq ft

$325

+117.4% vs. city median $149

Based on

5 MLS comparables

Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax

$7,357

2025

HOA

$1,950/mo

Common Area Taxes, Maintenance Structure, Manager

View

City

Pets

Allowed

All facts and features

Flooring

• Hardwood

Heating

• Central

Cooling

• Central Air

Appliances

• Cooktop

• Dishwasher

• Disposal

• Dryer

• Electric Water Heater

• Exhaust Fan

• Microwave

• Range

• Refrigerator

• Tankless Water Heater

• Washer

Other interior features

• Ceiling Fan(s)

• Open Floorplan

• Solid Surface Counters

• Solid Wood Cabinets

• Walk-In Closet(s)

• Window Treatments

Bedrooms and bathrooms

• Bedrooms: 1

• Bathrooms: 1

• Full bathrooms: 2
Parking

• Assigned

• Covered

Property

• Levels: One

• Exterior Features: Lighting / Rain Gutters / Sidewalk

Lot

• Lot: 0.01 Acres

Other Property Information

• Parcel Number: 242818211515005010
Type and style

• Property Type: Residential

• Property Sub Type: Condominium
Utility

• BB/HS Internet Available

• Cable Available

• Cable Connected

• Electricity Available

• Sewer Connected

• Street Lights

• Underground Utilities

• Water Connected
Other financial information

• HOA: $1,950

• HOA Frequency: Monthly

• Annual tax amount: $7,357
Source details

• MLS ID: L4961138

Other facts

• Construction Materials: Block / Brick / Stucco

• Foundation Details: Slab / Stem Wall

• Laundry Features: Laundry Closet

• Lot Features: City Lot

• Window Features: Display Window(s)

• Direction Faces: North

• Architectural Style: Other

• Living Area: 2000

• Water Source: Public

• Subdivision Name: LOFTS ON PARK CONDO

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KELLER WILLIAMS REALTY SMART

125 N KENTUCKY AVENUE UNIT 501 & 503

Overview

Location

Details

Valuation

Highlights

Interior details

Property details

Construction details

Utilities / Green Energy Details

HOA and Financial Details

Other

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