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616 Cottage Ln #616, Lakeland, FL, 33803

$132/sqft·Imperial Southgate Villas

2 bd2 ba1,176 sqftCondominium
Listed by LAKELAND HOMETOWN PROPERTIES· Last updated · MLS# L4963227

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Est. monthly payment
$1,100/mo
Down payment (20%)
$31,000
Property taxes
$214/mo
Rate assumed
6.8% · 30 yr
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At a glance

About this home

Ceiling Fans(s)Solid Wood CabinetsSplit BedroomStone CountersThermostatWalk-in Closet(s)Rain GuttersBuyer Approval Required

616 Cottage Ln #616 is a 1970-built home in Imperial Southgate Villas Sec 02, Lakeland. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,176 square feet of living space. Listed at $155,000 (about $132/sqft), 55 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Virtually Staged. Move right in and start enjoying the carefree Florida lifestyle in this beautifully updated 2 bedroom, 2 bathroom villa located in a desirable 55+ community. This charming condo offers exceptional value with a remodeled kitchen, updated bathrooms, and newer LVP flooring/paint throughout, creating a fresh, modern feel that’s truly move in ready. Enjoy the peace of mind that comes with low maintenance living. The HOA provides exterior building maintenance, sewer, cable tv, internet, water, exterior painting, as well as insurance and taxes for the common areas, allowing you to spend more time enjoying life and less time worrying about home upkeep. Conveniently located near shopping, dining, medical facilities, and everything central Lakeland has to offer, this home is ideal for year round living or as a seasonal retreat. If you’ve been searching for an affordable, updated home with an easy, lock and leave lifestyle, this one is a must see!

The essentials

Built
1970
Price / sqft
$132
On market
75 days
Annual tax
$2,571
Flood zone
X · Low risk
Lot
2,440 sqft
Type
Condominium

Location

616 Cottage Ln #616
Lakeland, FL, 33803·33803 - Lakeland
Type
Condominium
Year Built
1970
Lot
2,440 sqft
Cooling
Central Air
Heating
Central
Parking
Covered
Days on Market
75
Ceiling Fans(s)
Solid Wood Cabinets
Split Bedroom
Stone Counters
Thermostat
Walk-in Closet(s)
Rain Gutters
Buyer Approval Required
Deed Restrictions
Street Lights
Dishwasher
Disposal
Electric Water Heater
Microwave
Range
Refrigerator
Flood Zone X

Annual Tax (2025)

$2,571

Parcel #

36-28-23-139020-000270

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Imperial Southgate Villas Sec 02

County

Polk

MLS Area

33803 - Lakeland

Lot Size

2,440 sqft

City LimitsLevelPaved
Date
Event
Price
7/2/2026
Listed for sale
Source: Stellar MLS #L4963227
$155,000
$132/sqft
Est. monthly payment$1,100/mo
Principal & interest$808
Property taxes$214
Insurance$78
Down payment20% · $31,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

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List price: $155,000
$152,500 – $155,000
98.2% – 100% of listTops out right at the list price
80% of listList price
8 of the last 14 condo closings in 33803 landed at this number or higher (57%). The median one sat 60 days before it went under contract, and this one is on day 75.

Sample: 14 closed condo sales in 33803 over the last 8 months, Stellar MLS. A small sample in a thin market. A starting point, not a guarantee.

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