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$290,000
5 Beds ⋅ 2 Baths ⋅ L4955658 MLS
Welcome to 651 Lorraine Circle! Great investment opportunity! This property is currently tenant-occupied, making it an excellent option for investors seeking immediate rental income. This beautifully maintained home is located in the heart of Lake Wales, an up-and-coming area known for its family-friendly atmosphere and great schools. Convenience is key—you’re just minutes from shopping, dining, medical centers, and local attractions, all while enjoying a quiet residential setting. Major updates already done for you! The roof, water heater, and AC were all replaced about two years ago, offering peace of mind and lower maintenance costs. Whether you’re expanding your portfolio or planning for future use, this property offers incredible potential in a growing community with easy access to major highways.

651 Lorraine Circle, Lake Wales South
$50,000
L4955516 MLS
Vacant residential lot with no HOA and no CDD fees. Clear title and ready for development. Zoned for single-family construction with flexibility to build on your timeline and bring your own builder. Whether you're planning a custom residence, spec build, or long-term land investment, this parcel offers control without restrictive oversight. 49.5 Foot Frontage and 116 Foot Depth. Alley way behind the lot adds for additional access. Lake Wales CRA District. NO IMPACT FEE. Buyers to verify building options and requirements with the City of Lake Wales, before going under contract. Public Water, Sewer and Electric available.

517 Lincoln Avenue W, Lake Wales South
$1,650,000
K4903016 MLS
Truly rare opportunity to own a piece of Lake Wales History and the painstaking task of historic preservation has already been done! Built in 1915, the J.T. Rhodes Building was one of the first two brick-and-mortar buildings in Lake Wales. The City owes its origin to the building, where the villagers gathered upstairs in what was then the Masonic Hall on the night of April 27, 1917 to sign a petition to the Legislature for the issuance of a city charter. The Legislature responded by incorporating the City, whose charter was signed into law by Governor Sidney J. Catts on May 28, 1917. This amazing piece of architecture is home to one of the few mixed-use buildings in downtown. Downstairs are 2 commercial suites, with long term tenants in place! Upstairs you will find 4 well-appointed and thoughtfully designed apartments! All of the apartments have in unit laundry, modern kitchens with all new appliances, original hardwood flooring, timeless baths, spacious rooms and high ceilings... all while maintaining the historic character & charm! The completion of this building is perfectly timed with the revitalization of downtown Lake Wales, the property is positioned at the heart of the city's walkable new streetscape - complete with brick paved streets, lush park-like settings and a growing calendar of community events! The City is in the process of designating downtown Lake Wales an Arts, Cultural & Entertainment (ACE) District which will provide an environment welcoming growth and promoting prosperity! The investment in this renovation and historic preservation is unmatched, with no detail overlooked. The goal was to preserve this piece of history for the next 100 years and every decision was made with that long term vision.... An invaluable gift to the person lucky enough to be the new owner, entrusted with the legacy of the J. T. Rhodes building!

244 E Park Avenue, Lake Wales South
$1,650,000
6 Beds ⋅ 10 Baths ⋅ K4903012 MLS
Truly rare opportunity to own a piece of Lake Wales History and the painstaking task of historic preservation has already been done! Built in 1915, the J.T. Rhodes Building was one of the first two brick-and-mortar buildings in Lake Wales. The City owes its origin to the building, where the villagers gathered upstairs in what was then the Masonic Hall on the night of April 27, 1917 to sign a petition to the Legislature for the issuance of a city charter. The Legislature responded by incorporating the City, whose charter was signed into law by Governor Sidney J. Catts on May 28, 1917. This amazing piece of architecture is home to one of the few mixed-use buildings in downtown. Downstairs are 2 commercial suites, with long term tenants in place! Upstairs you will find 4 well-appointed and thoughtfully designed apartments! All of the apartments have in unit laundry, modern kitchens with all new appliances, original hardwood flooring, timeless baths, spacious rooms and high ceilings... all while maintaining the historic character & charm! The completion of this building is perfectly timed with the revitalization of downtown Lake Wales, the property is positioned at the heart of the city's walkable new streetscape - complete with brick paved streets, lush park-like settings and a growing calendar of community events! The City is in the process of designating downtown Lake Wales an Arts, Cultural & Entertainment (ACE) District which will provide an environment welcoming growth and promoting prosperity! The investment in this renovation and historic preservation is unmatched, with no detail overlooked. The goal was to preserve this piece of history for the next 100 years and every decision was made with that long term vision.... An invaluable gift to the person lucky enough to be the new owner, entrusted with the legacy of the J. T. Rhodes building!

244 E Park Avenue, Lake Wales South
$149,000
O6312263 MLS
Prime Commercial Corner Lot – Across from Publix 0.22-acre vacant commercial lot in the heart of Lake Wales, located within the Community Redevelopment Area (CRA) — offering potential eligibility for development incentives. Corner lot with excellent visibility, positioned directly across from Publix and next to a daycare, with frontage on both Emerald Ave and 2nd St. Also Paved Bonus Area – Perfect for parking, display, or future use. Shaded by mature trees and ready to support a variety of commercial needs. Zoned commercial and ideal for retail, office, medical, or QSR (Quick Service Restaurant – fast food or counter-service). Utilities available at the site. Surrounded by established businesses and residential neighborhoods in a high-traffic area.

203 Emerald Avenue, Lake Wales South
$160,000
2 Beds ⋅ 2 Baths ⋅ K4902896 MLS ⋅ 1402 BLDG.
NEW PRICE REDUCTION!! NICE IN TOWN 2 BED/2 BATH CONDO OR PATIO HOME. CLOSE TO SHOPPING, MEDICAL, AND VARIOUS ACTIVITIES. AVAILABLE. LIVING ROOM , KITCHEN, AND NICE SUN PORCH OR BONUS ROOM 21'X 08' WITH GLASS WINDOW ENCLOSURE. CURRENT $50.00 / MONTH HOA FEE WHICH INCLUDES LAWN MAINTAINENCE AND LOCKING ACCESS GATE WITH KEY PAD ENTRY. LOW COUNTY TAXES WITH HOMESTEAD EXEMPTION. CLOSE TO SHOPPING AND MEDICAL/DENTAL OFFICES. 55 PLUS COMMUNITY. PROPERTY SHARES ONE COMMON WALL WITH ADJACENT HOME. 2 DEDICATED PARKIING SPACES. NEW PRICE ALIGNMENT $160,000. Call to preview today. LET'S GET YOU INTO THIS CAREFREE UNIT TODAY!!

1402 Thousand Roses Dr. W. Unit 1402, Lake Wales South
$899,000
P4934752 MLS
This site is positioned with frontage on Highway 60 providing direct access along one of the busiest East- West corridors in Polk County. Providing access between Bartow/ Mulberry and Lake Wales/ Highway 27, the opportunity for transportation from this lot is endless. This site is just minutes from US 27, with access on both Godwin Road and State Road 60 providing easy accessibility to the Polk County area. This site is zoned BPC-1X which allows for professional services and office uses as well as a few others.

Sr-60, Lake Wales South
$249,500
3 Beds ⋅ 2 Baths ⋅ L4951685 MLS
MOTIVATED SELL OFFER NEW PRICING, $249,500, PRESENTS A STRONG VALUE IN THIS PRICE RANGE - LAKE WALES CRA OFFERS DOWN PAYMENT ASSISTANCE WITH THIS PROPERTY. BUYERS MUST APPLY AND QUALIFY. This is a brand-new 2025 home built for everyday living, not for show. It’s a simple, functional 3-bedroom, 2-bath layout in Lake Wales with the kind of features people actually use. When you walk in, the open floor plan makes everything feel connected—the kitchen, the living area, and the space you’ll probably spend most of your time in. The kitchen has a big island, two pantries, plenty of cabinet space, and new appliances that haven’t seen their first meal yet. Sliding doors bring in natural light and lead out to the backyard for easy indoor-outdoor access. The one-car garage opens right into the main area, which just makes life easier. The split floor plan gives the primary bedroom good privacy, and it comes with its own bathroom. The other two bedrooms sit on the opposite side of the home and share a full bath. If you’re looking for a new build that’s clean, move-in ready, and straightforward, this one fits. It’s a practical home in a growing part of Central Florida, and with CRA down payment assistance available for qualified buyers, it’s an opportunity to get into something brand new without the usual stress.

319 Pearl Street, Lake Wales South
$450,000
K4902707 MLS
GREAT LOCATION...The building hosts a spacious reception area with dedicated office and bathroom. With over 1500 sq.ft. of flexible workspace, the huge area can be used as is or redesigned to meet your needs. Connected to the main building is over 400 sq. ft. of garage space with roll up door to accommodate multiple projects (autos) at one time. With an additional covered 1000 sq ft provided with a 14' high carport and all on concrete pavement and secured with fence and wall on two sides. Seller also offering the real estate at List Price or it can include the WELL ESTABLISHED Business in Downtown Lake Wales as a Turn-key, Local Auto Upholstery Business with client base that spans 50 plus years at $750k. If you are looking for a Great Downtown Location, look no more. Lake Wales is experiencing a surge of development and growth with future projects with Main Street on the horizon. This property is located near Highway 27 and its Central Location provides easy access for customers. Call today to view this property!

133 W Stuart Avenue, Lake Wales South
$160,000
2 Beds ⋅ 2 Baths ⋅ L4947835 MLS
Spacious Retreat at Saddlebag Lake Resort! Welcome to your private oasis in the highly sought-after 55+ Saddlebag Lake Resort community! This charming 2-bedroom, 2-bathroom, FULLY FURNISHED, mobile home offers the perfect blend of comfort, convenience, and community living. Best of all, you own the land, providing added value and peace of mind. While not directly on the lake, you'll still enjoy the serene lakeside lifestyle, complete with a wealth of amenities and activities. The lake itself is ideal for fishing lovers, offering a peaceful escape for those who enjoy spending time on the water. Inside, the home features updated flooring throughout, a convenient inside laundry area, and a primary bedroom that opens to the side yard, creating a peaceful retreat surrounded by nature. Modern upgrades include dark laminate flooring in the primary bedroom and sliding glass doors installed in 2017. For added comfort, the AC unit was replaced in 2020, along with new ductwork and an attic fan for efficient climate control. A clean 4-point inspection has already been completed for your peace of mind. Unique touches like an outdoor shower provide a refreshing escape, and the included 2013 golf cart makes it easy to explore the community. Additional highlights include a 2-car carport and a utility shed for extra storage. Saddlebag Lake Resort is a gated community with 24-hour security and endless amenities to enjoy. These include a pool, horseshoe pits, billiards, an exercise building, shuffleboard, tennis courts, pickleball, a clubhouse, library, dog run, a driving range, and even their very own US Post Office. The resort hosts community events like bingo nights, parades, and social clubs, fostering a close-knit and friendly atmosphere. Quiet hours from 11 pm to 7 am ensure a restful environment. With FINANCING AVAILABLE THROUGH PREFERRED LENDERS, this home is ready to become your retirement haven. Don’t miss out—schedule your showing today and start enjoying the Saddlebag Lake Resort lifestyle!

21 Silversides Street, Lake Wales South
$299,900
4 Beds ⋅ 4 Baths ⋅ L4944606 MLS
***HUGE PRICE REDUCTION***Looking for an investment opportunity look no further! This triplex also has a detached unit and is nestled on an oversized lot in the heart of Lake Wales just minutes from downtown. The front unit has 1 bedroom and 1 bathroom and is nearly 500 living sq. ft. The rear unit also has 1 bedroom and 1 bathroom with nearly 500 living sq. ft. The third unit is a studio that is roughly 400 living sq. ft. The detached unit has 2 bedrooms and 1 bathroom and is just over 600 sq. ft. All units are occupied with the monthly rents totaling $3,995.00 and an annual gross income of $47,940.00. So call today to get in on the action before this amazing opportunity slips away!

26 W Polk Avenue, Lake Wales South
$219,950
2 Beds ⋅ 2 Baths ⋅ O6156357 MLS
Virtually Staged. WATERFRONT HOME * SCREENED WATERFRONT DECK * GATED COMMUNITY * FULLY FURNISHED * GOLF CART INCLUDED * YOU OWN THE LAND * FISH & BOAT FROM YOUR BACKYARD Experience the Best of Florida Waterfront Living, in this beautifully updated 2-bedroom 2-bathroom home, on scenic Saddlebag Lake in Lake Wales. Wake up to panoramic water views, with spectacular sunrise and sunsets, and enjoy the convenience of fishing and boating directly from your own backyard. Keep your boat just outside your back door, and spend your days enjoying everything lake life has to offer. Bonus - you OWN the land. This move-in-ready, fully furnished Home, also includes a golf cart (and golf cart garage/storage shed), for you to enjoy the Saddlebag Community and Florida lifestyle immediately. This wonderful Home includes a spacious living room, formal dining room, reading nook, kitchen with dining area, two bedrooms, two bathrooms, and an expansive screened waterfront deck perfect for relaxing or entertaining. Recent updates include a new roof (2023), new A/C (2022), new siding, updated neutral flooring throughout, fresh designer paint colors, updated appliances, Rain Bird irrigation, professional landscaping, and paver walkways. The low HOA includes water, sewer, trash, gated entry, clubhouse, and community pool. Residents also enjoy tennis, pickleball, shuffleboard, an on-site post office, and an active calendar of innumerable social clubs and fun and interesting community events. Under-55 buyers are welcome. This Home is perfect as a primary residence, seasonal getaway, vacation home, or investment property. Short-term rentals are permitted with no minimum lease term, giving you exceptional flexibility. Conveniently located in Lake Wales near shopping, restaurants, Bok Tower Gardens, Legoland, and approximately one hour from Walt Disney World, Disney Springs, and Florida’s East coast beaches. Fantastic opportunity to OWN a fully furnished waterfront home.

29 Ginger Quill Circle, Lake Wales South