506 CAMEO DRIVE, LAKELAND, FL, 33803
Active0 days on marketListed Oct 10, 2026MLS #L4965612
About this home
506 CAMEO DRIVE
Welcome to 506 Cameo Drive, a charming 2-bedroom, 2-bath condo offering 1,176 square feet of comfortable, single-story living in the desirable Imperial Southgate Villas community! This beautifully maintained villa features a spacious, functional layout with an easy flow for everyday living and entertaining. The renovated kitchen boasts elegant granite countertops, soft-close cabinetry, and stainless steel appliances, combining style with everyday functionality. Beautiful marble tile flooring extends throughout the main living areas, kitchen, and bathrooms, adding a touch of elegance and durability. Additional improvements include a complete repiping in 2017 and an updated electrical panel in 2018, providing added peace of mind. Enjoy truly low-maintenance living with condominium association fees that include water, internet, cable TV, lawn care, and exterior building maintenance. Community amenities include a refreshing swimming pool and shuffleboard courts, perfect for relaxing or spending time with neighbors. Conveniently located in South Lakeland, you're just minutes from shopping, dining, medical facilities, recreation, and public transportation, with easy access to the Polk Parkway and surrounding areas. Don't miss this opportunity to enjoy comfortable, low-maintenance Florida living. Schedule your private showing today!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,176
Sqft
0.06 ac
Lot size
1970
Year built
One
Levels
$152
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.
$1,306 /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
$1,306/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
+20.1%
Days on market
0 vs 67 typical
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 → $322K
Lakeland median sold, yr/yr
97.8%
Sale-to-list ratio (12 mo)
Median sold price, Lakeland, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 40% below the LAKELAND 33803 median. See the full Lakeland market guide →
Paper trail
This home's history
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
Leila Sabat
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 506 CAMEO DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 506 CAMEO DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Leila's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
506 CAMEO DRIVE FAQs
What would the monthly payment be for 506 CAMEO DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,306/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 506 CAMEO DRIVE?+
The most recent tax bill on record (2025) was $162. 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 506 CAMEO DRIVE?+
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 $179,000, this home is listed about 47% below the Lakeland median of $335,000. The market section on this page shows how the area is trending.
Which schools are assigned to 506 CAMEO DRIVE?+
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.
Listing courtesy of DALTON WADE INC · Ian Rylott. MLS #L4965612.
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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