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524 Washington Avenue

Lake Wales, FL 33853

2 beds
1 bath
475 sqft
5,807 sqft lot
$271 per sqft
1941 build
– on site

This charming 2-bedroom, 1-bathroom home is a TURN KEY ready gem! Perfect for those looking to scale down or seeking an investment property, this lovely residence boasts numerous updates throughout. Upon entering, you'll notice the inviting front enclosed porch, ideal for enjoying your morning coffee or relaxing in the evening. Inside, the home features laminate vinyl plank flooring throughout, providing both durability and aesthetic appeal. Say goodbye to carpet maintenance! The functionality of the home is further enhanced by a brand-new roof, installed in 2023, offering peace of mind for years to come. Additionally, the fenced large backyard with a parking pad offers convenience and security. The layout includes an eat-in kitchen, a hall bath, and two cozy bedrooms, making it both practical and comfortable. Situated in a highly accessible location near Hwy 27 and Alt 17 in historic Lake Wales, this property provides easy access to major highways, as well as the flourishing Lake Wales community's new restaurants and shopping areas. For investors, this property presents a lucrative opportunity with a rate of return of less than 6 years based on market rent in the area. Don't miss out on this fantastic investment potential or the chance to own a beautifully updated home in Lake Wales!

Listing courtesy of STELLAR_MLS / MCO REALTY

Last checked: Checking… • Last updated Mar 23, 2024 •

MLS# S5100068 —

The Building

Year Built:

1941
New Construction:

false
Construction Materials:

Vinyl Siding
Building Area Total:

435
Levels:

One
Roof:

Metal
Foundation Details:

Slab

Interior

Interior Features:

Ninguno
Flooring:

Laminate
Fireplace:

false

Room Dimensions

Living Area:

475
Living Area Units:

Square Feet
Living Area Source:

Owner

Location

Directions:

Take US 27S to Lake Wales. Turn left on Washington Ave, home is located on the right side.
Latitude:

27.913272
Longitude:

-81.595737
Coordinates:

-81.595737, 27.913272

The Property

Parcel Number:

272934872500003010
Property Type:

Residential
Property Sub Type:

Single Family Residence
Lot Size Acres:

0.13
Lot Size Square Feet:

5807
Lot Size Area:

5807
Lot Size Units:

Square Feet
Zoning:

R-3
Direction Faces:

North
Exterior Features:

Private Mailbox
Water Source:

Public
Total Acreage:

0 to less than 1/4
Road Surface Type:

Asphalt
Flood Zone Code:

X
Flood Zone Panel:

12105C0565H
Homestead:

false
Lease Restrictions:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Lot:

1
Tax Block:

3
Tax Book Number:

31-57
Tax Annual Amount:

639
Tax Legal Description:

WASHINGTON PARK UNIT NO 2 PB 31 PG 57 BLK 3 LOT 1

Beds

Bedrooms Total:

2

Baths

Bathrooms Total:

1
Bathrooms Total:

1
Bathrooms Full:

1

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/S5100068
Special Listing Conditions:

None
Buyer's Brokerage Compensation:

2.5%-$300

Heating & Cooling

Heating:

Wall Units / Window Unit
Heating:

true
Cooling:

Wall/Window Unit(s)
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

Appliances

Appliances:

None
Laundry Features:

Gas Dryer Hookup

The Community

Subdivision Name:

WASHINGTON PARK
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

false
Carport:

false

Monthly cost estimate

Asking price

$129,000

Expense	Monthly cost
Mortgage	$690
Taxes	$53
Insurance	$35
Utilities	$130 See report
Total	$908/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
3/20/24 Mar 20, 2024	Listed / Active	STELLAR_MLS	$129,000
3/8/23 Mar 8, 2023	Listed / Active	STELLAR_MLS

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Similar sold homes

This house located in Lincoln Park, Lake Wales, FL 33853 is currently for sale for $129,000. 524 Washington Avenue is a 475 square foot house with 2 beds and 1 bath that has been on Estately for 40 days. 524 Washington Avenue is in the Lincoln Park neighborhood of Lake Wales and has a WalkScore® of 22, making it car-dependent. This house is in the attendance area of Spook Hill Elementary School, Mclaughlin Middle School And Fine Arts Academy, and Frostproof Middle Senior High School.

Listing Courtesy of: STELLAR_MLS and MCO REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.