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$299,990

106-108 W ORANGE AVENUE, LAKE WALES, FL 33853

3D Tour
Active5 days on market

Beds

4

Baths

2

Sq Ft

1,664 sq ft

Year Built

2011

Lot Size

0.15 acres

Garage

—

About This Property

Virtually Staged. Excellent Investment Opportunity in Lake Wales! This well-maintained duplex offers an excellent opportunity for investors, first-time buyers, or anyone looking for a property that can generate rental income. Each unit features 2 bedrooms, 1 bathroom, and a full kitchen, providing comfortable and functional living space. One of the units has been completely remodeled inside, offering a fresh, updated feel. The second unit features durable tile flooring throughout. Some photos have been vitually staged. This property is an ideal house-hacking opportunity — live comfortably in one side while renting out the other to help offset your mortgage and expenses. It also makes a great addition to an investment portfolio with the potential for rental income from both units. Whether you’re looking to live in one unit and rent the other or add a solid income-producing property to your portfolio, this Lake Wales duplex is worth taking a look at! Two units • 2 bedrooms/1 bath each • Full kitchens • Remodeled unit • Tile flooring • Great investment potential

Property Overview

Property TypeResidential Income
Sub TypeDuplex
MLS #G5118475
StatusActive
Year Built2011
ConstructionBlock, Stucco
RoofShingle
FoundationSlab
SubdivisionORANGE CENTER SUB
CountyPolk
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), Kitchen/Family Room Combo, Thermostat
LaundryLaundry Room
CoolingCentral Air
HeatingCentral, Electric

Exterior & Lot

ExteriorAwning(s)
Lot Size0.15 acres (6,604 sq ft)
Lot Dimensions75 x 88
Road SurfaceAsphalt
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Available, Electricity Available

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$299,990
Annual Taxes$2,119 (2025)
FinancingAssumable, Cash, Conventional, FHA, VA Loan
ZoningC-2
Parcel #273002909500005080

Directions

From US Hwy 27, head east on State Road 60 toward downtown Lake Wales. Turn north on S. Wetmore St. Continue across W. Central Ave, then turn west onto W. Orange Ave. Property will be on the right.

Location

106-108 W ORANGE AVENUE, LAKE WALES, FL 33853

Listing Information

OfficeRE/MAX TITANIUM GROUP
ListedOctober 7, 2026

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Home Price

$299,990

20% ($59,998)
6.75%

Loan Term

Principal & Interest$1,557
Property Tax (est.)$275
Insurance (est.)$150
Total Monthly$1,982
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How to Buy This Home

Multiple financing options available for this $299,990 home in LAKE WALES.

🏛️

FHA Loan

$10,500 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$15,000 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Polk County SHIP

Varies

Income-qualifying Polk residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

More Homes in Lake Wales

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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 last updated: October 12, 2026.

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