551 GRAND CAYMAN CIRCLE, LAKELAND, FL, 33803
Active202 days on marketListed Jan 16, 2026MLS #L4958574
About this home
551 GRAND CAYMAN CIRCLE
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)
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,260
Sqft
0.11 ac
Lot size
2
Garage
1995
Year built
One
Levels
$258
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$2,648 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,648/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+28.4%
$/sqft vs Lakeland actives
$258 vs $195
Days on market
202 vs 43 typical
Where $258/sqft sits among the 400 Lakeland actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Imperial
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lakeland. See the full Lakeland guide →
Imperial — neighborhood snapshot
Population
1,540
Median age
36
Median income
$63,007
Median home value
$183,783
Avg household
2
Households w/ children
100%
For the school run
Polk County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lakeland market
$316K → $316K
Lakeland median sold, yr/yr
97.8%
Sale-to-list ratio (12 mo)
200 of 400
Lakeland actives have cut their price
Median sold price, Lakeland, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 12% above the LAKELAND 33803 median. See the full Lakeland market guide →
Paper trail
This home's history
Reality check
What actually sold near 551 GRAND CAYMAN CIRCLE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$270,000
663 JAMAICA CIRCLE · same community
2 bd · 2 ba · 1,203 sqft · $224/sqft · 93 DOM
Sold · Nov ’25$286,000
600 CARIBBEAN DRIVE · same community
2 bd · 2 ba · 1,467 sqft · $195/sqft · 236 DOM
Sold · Feb ’26$230,000
622 JAMAICA CIRCLE · same community
2 bd · 2 ba · 1,487 sqft · $155/sqft · 283 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 551 GRAND CAYMAN CIRCLE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 551 GRAND CAYMAN CIRCLE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
551 GRAND CAYMAN CIRCLE FAQs
What would the monthly payment be for 551 GRAND CAYMAN CIRCLE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,648/mo — principal and interest, the actual property-tax bill, the $315/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 551 GRAND CAYMAN CIRCLE?+
The association fee works out to $315 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 551 GRAND CAYMAN CIRCLE?+
The most recent tax bill on record (2025) was $1,391. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 551 GRAND CAYMAN CIRCLE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lakeland?+
At $325,000, this home is listed about 4% below the Lakeland median of $339,000. The market section on this page shows how the area is trending.
Which schools are assigned to 551 GRAND CAYMAN CIRCLE?+
Southwest Middle School (middle), Southwest Elementary School (elementary), Kathleen Senior High School (high) — Polk County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of EXP REALTY LLC · Russ Rhoads. MLS #L4958574.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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