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.
For sale
Price cut: $50K (8/13)
$600,000
125 N KENTUCKY AVENUE #501 & 503, LAKELAND, FL 33801
1beds
2,000sqft
Condominium
Built in 2008
-- sqft lot
$591,500 Zestimate®
$300/sqft
$1,950/mo HOA
What's special
Coveted corner unitThoughtfully curated finishes throughoutBreathtaking panoramic viewsGourmet kitchenLuxurious primary suiteRich cypress millworkSpa-like en-suite bathroom
- 137 days
- 308
- 10
Zillow last checked:
Listing updated:
Listed by:
Darren Moreno 863-409-7766,
KELLER WILLIAMS REALTY 863-577-1234
Source: Stellar MLS,MLS#: L4961138
Originating MLS: Lakeland

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 270 Square Feet
- Dimensions: 15x18
Kitchen
- Level: First
- Area: 143 Square Feet
- Dimensions: 11x13
Living room
- Level: First
- Area: 234 Square Feet
- Dimensions: 13x18
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
- Laundry: Laundry Closet
Features
- Ceiling Fan(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s)
- Flooring: Hardwood
- Windows: Window Treatments
- Has fireplace: No
- Common walls with other units/homes: Corner Unit
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
Video & virtual tour
Property
Parking
- Parking features: Assigned, Covered
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting, Rain Gutters, Sidewalk
- Has view: Yes
- View description: City
Lot
- Size: 235 Square Feet
- Features: City Lot
Details
- Additional parcels included: 24-28-18-211515-005030
- Parcel number: 242818211515005010
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Other
- Property subtype: Condominium
Materials
- Block, Brick, Stucco
- Foundation: Slab, Stem Wall
- Roof: Membrane
Condition
- New construction: No
- Year built: 2008
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Sewer Connected, Street Lights, Underground Utilities, Water Connected
Community & HOA
Community
- Features: Sidewalks
- Pet fee: $0 monthly
- Subdivision: LOFTS ON PARK CONDO
HOA
- Has HOA: Yes
- Services included: Common Area Taxes, Maintenance Structure, Manager, Pest Control, Security, Trash
- HOA fee: $1,950 monthly
- HOA name: AIA Property Management
Location
- Region: Lakeland
Financial & listing details
- Price per square foot: $300/sqft
- Annual tax amount: $7,357
- Date on market: 4/17/2026
- Cumulative days on market: 137 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$591,500
$562,000 - $621,000
$4,637/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Price change | $600,000-7.7%$300/sqft |
Source: | ||
| 4/17/2026 | Price change | $650,000-1.4%$325/sqft |
Source: | ||
| 3/1/2023 | Pending sale | $659,000$330/sqft |
Source: | ||
| 12/7/2022 | Price change | $659,000-1.5%$330/sqft |
Source: | ||
| 10/25/2022 | Price change | $669,000-3%$335/sqft |
Source: | ||
| 9/12/2022 | Price change | $689,900-2.8%$345/sqft |
Source: | ||
| 7/18/2022 | Price change | $709,900-5.2%$355/sqft |
Source: | ||
| 10/12/2021 | Listed for sale | $749,000$375/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment








