Listing Details for MLS # O6395623
530 S 7th Street, Lake Wales, Fl 33853

Residential Property - Single Family Residence in Lake Wales

Listing Price: $240,000Days on Market: 12

Description of Property

One or more photo(s) has been virtually staged. Welcome to 530 S 7th Street, a charming opportunity nestled in the established Palm Park Terrace community of Lake Wales. This residence offers a blend of character, comfort, and key system updates, making it an appealing choice for both homeowners and investors looking for long-term value. Major improvements have already been taken care of, including a roof installed in 2017, a newer A/C system from 2023, and a water heater updated in 2016—providing peace of mind and reducing near-term maintenance concerns. The kitchen comes equipped with a dishwasher, microwave, and GAS stove, all of which convey with the sale, adding immediate convenience for move-in or rental readiness. Adding even more versatility, the property features a 30-amp RV hookup along with a portable generator hookup, offering added functionality, convenience, and preparedness—ideal for travel enthusiasts or backup power needs. Positioned just minutes from the heart of Lake Wales, this location offers easy access to local dining, shopping, and everyday essentials. Residents will appreciate proximity to the vibrant downtown corridor, known for its historic charm and community events, as well as nearby parks and recreational spaces perfect for enjoying Florida’s year-round sunshine. Looking ahead, the area continues to see thoughtful growth and revitalization, enhancing both lifestyle appeal and property value potential. With ongoing interest in Central Florida’s expansion, Lake Wales is gaining attention for its balance of small-town character and accessibility to larger metro areas. Whether you're searching for a primary residence or a smart addition to your portfolio, this property delivers a compelling combination of location, updates, added utility features, and future upside. Don’t miss the chance to secure your place in one of Lake Wales’ steadily evolving neighborhoods.The average asking price for a 2 bedroom/2 bath single family residence in this Zip code is $240,975. This single family residence is listed at about 100% of the average asking price. There are 4 2 bedroom/2 bath homes between $200,000 and $300,000 currently listed for sale in this Zip code. See other listings like this one »