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For sale
    • $325,000

    551 GRAND CAYMAN CIRCLE, LAKELAND, FL 33803

    2beds
    1,260sqft
    : 
    $2,444/mo
    Get pre-qualified
    Single Family Residence
    Built in 1995
    4,914 Square Feet Lot
    $317,900 Zestimate®
    $258/sqft
    $315/mo HOA

    What's special

    Granite countertopGranite countertopsNewer appliancesCozy breakfast nookDecorative bowl sinkEasy open floor planStainless steel sink
    Welcome to Villas on the Lake, a sought-after 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. (Price adjustment because of a posting error)
    205 days
    |
    116
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Russ Rhoads 863-604-1570,

    EXP REALTY LLC 888-883-8509

    Source: Stellar MLS,MLS#: L4958574MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Florida Room, Great Room
      Primary bedroom
      • Features: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
      • Level: First
      • Area: 180 Square Feet
      • Dimensions: 12x15
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      • Area: 147 Square Feet
      • Dimensions: 10.5x14
      Primary bathroom
      • Features: Shower No Tub, Stone Counters, No Closet
      • Level: First
      • Area: 55 Square Feet
      • Dimensions: 5x11
      Bathroom 2
      • Features: Ceiling Fan(s), No Closet
      • Level: First
      • Area: 45 Square Feet
      • Dimensions: 5x9
      Dinette
      • Features: No Closet
      • Level: First
      • Area: 57 Square Feet
      • Dimensions: 9.5x6
      Dining room
      • Features: No Closet
      • Level: First
      • Area: 143 Square Feet
      • Dimensions: 11x13
      Florida room
      • Features: Ceiling Fan(s), No Closet
      • Level: First
      • Area: 99 Square Feet
      • Dimensions: 9x11
      Kitchen
      • Features: Breakfast Bar, Granite Counters, No Closet
      • Level: First
      • Area: 120 Square Feet
      • Dimensions: 12x10
      Living room
      • Features: Ceiling Fan(s), No Closet
      • Level: First
      • Area: 195 Square Feet
      • Dimensions: 13x15
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
      • Laundry: In Garage
      Features
      • Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Walk-In Closet(s)
      • Flooring: Ceramic Tile
      • Windows: Window Treatments
      • Has fireplace: Yes
      • Fireplace features: Electric
      Interior area
      • Total structure area: 1,800
      • Total interior livable area: 1,260 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Garage Door Opener
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      • Details: Garage Dimensions: 18x23
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Patio
      • Exterior features: Irrigation System, Lighting, Sidewalk
      • Waterfront features: Lake Privileges
      Lot
      • Size: 4,914 Square Feet
      • Dimensions: 41 x 123
      • Features: City Lot, Level, Near Public Transit
      • Residential vegetation: Mature Landscaping
      Details
      • Parcel number: 232836139032000470
      • Zoning: RES
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Block, Brick
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1995

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected

      Community & HOA

      Community
      • Features: Water Access, Association Recreation - Owned, Community Mailbox, Deed Restrictions, Fitness Center, Pool, Special Community Restrictions, Tennis Court(s)
      • Security: Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: VILLAS BY LAKE
      HOA
      • Has HOA: Yes
      • Services included: Cable TV, Community Pool, Reserve Fund, Internet, Maintenance Grounds, Pool Maintenance, Recreational Facilities
      • HOA fee: $315 monthly
      • HOA name: Dave Rhinehart
      • HOA phone: 863-680-2443
      • Second HOA name: Villas By The Lake POA
      Location
      • Region: Lakeland

      Financial & listing details

      • Price per square foot: $258/sqft
      • Tax assessed value: $203,607
      • Annual tax amount: $1,391
      • Date on market: 1/16/2026
      • Cumulative days on market: 206 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $317,900

        $302,000 - $334,000

        $1,762/mo

        Price history

        DateEventPrice
        1/19/2026Price change$325,000+8.3%$258/sqft
        Source: eXp Realty #L4958574 Report a problem
        1/16/2026Listed for sale$300,000+76.5%$238/sqft
        Source: eXp Realty #L4958574 Report a problem
        5/19/2014Sold$170,000-10.5%$135/sqft
        Source: Public Record Report a problem
        3/10/2014Listed for sale$189,900+2.6%$151/sqft
        Source: Keller Williams Realty #L4647436 Report a problem
        9/14/2007Sold$185,000$147/sqft
        Source: Public Record Report a problem
        6/6/2006Sold$185,000+105.6%$147/sqft
        Source: Public Record Report a problem
        3/6/1995Sold$90,000$71/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,391 +3.8%$120,297 +2.9%
        2024$1,340 +3.7%$116,907 +3%
        2023$1,293 +3.9%$113,502 +3%
        2022$1,244 +1.6%$110,196 +3%
        2021$1,224 +1.4%$106,986 +1.4%
        2020$1,207 +1.6%$105,509 +2.3%
        2019$1,188 $103,137 +1.9%
        2018$1,188 +2.1%$101,214 +2.1%
        2017$1,164 +4.8%$99,132 +2.1%
        2016$1,111 -1.1%$97,093 +0.7%
        2015$1,123 -12%$96,418 -11.2%
        2014$1,277 -3.8%$108,635 +1.5%
        2013$1,327 +2%$107,030 +1.7%
        2012$1,301 -11.9%$105,241 -8.9%
        2011$1,477 -4.6%$115,580 -1.6%
        2010$1,548 -8.4%$117,517 -5%
        2009$1,690 -17%$123,766 -15.7%
        2008$2,036 $146,860
        2007-- --
        2006$1,278 --
        2005-- --
        2004-- --
        2003$1,127 +4.3%$79,437 +2.4%
        2002$1,080 +2.4%$77,575 +1.6%
        2001$1,055 $76,353
        Find assessor info on the county website

        Monthly payment

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Imperial

        Getting around

        48 / 100
        Car-Dependent
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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