616 COTTAGE LANE UNIT 616, LAKELAND, FL, 33803
Active35 days on marketListed Jul 2, 2026MLS #L4963227
About this home
616 COTTAGE LANE UNIT 616
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, roof replacement, 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!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,176
Sqft
0.06 ac
Lot size
1970
Year built
One
Levels
$132
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 — not generic estimates.
$1,355 /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
$1,355/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
−4%
$/sqft vs Lakeland actives
$132 vs $195
Days on market
35 vs 43 typical
Where $132/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)
193 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 47% below the LAKELAND 33803 median. See the full Lakeland market guide →
Paper trail
This home's history
Reality check
What actually sold near 616 COTTAGE LANE UNIT 616
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$150,000
540 KELSEY STREET · same community
2 bd · 2 ba · 1,176 sqft · $128/sqft · 329 DOM
Sold · Apr ’26$155,000
612 AVERY LANE · same community
2 bd · 2 ba · 1,176 sqft · $132/sqft · 59 DOM
Sold · Oct ’25$164,900
616 AVERY LANE · same community
2 bd · 2 ba · 1,176 sqft · $140/sqft · 6 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 616 COTTAGE LANE UNIT 616 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 616 COTTAGE LANE UNIT 616 — 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
616 COTTAGE LANE UNIT 616 FAQs
What would the monthly payment be for 616 COTTAGE LANE UNIT 616?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,355/mo — principal and interest, the actual property-tax bill 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.
What are the property taxes on 616 COTTAGE LANE UNIT 616?+
The most recent tax bill on record (2025) was $2,571. 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 616 COTTAGE LANE UNIT 616?+
The listing reports pets: Cats OK, Dogs OK, Number Limit, Size Limit, 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 $155,000, this home is listed about 54% below the Lakeland median of $339,000. The market section on this page shows how the area is trending.
Which schools are assigned to 616 COTTAGE LANE UNIT 616?+
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 LAKELAND HOMETOWN PROPERTIES · Glenn Offutt. MLS #L4963227.
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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