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$69,900

254 OLEANDER ROAD, LAKE WALES, FL 33898

Active103 days on market

Beds

3

Baths

2

Sq Ft

1,185 sq ft

Year Built

1955

Lot Size

0.29 acres

Garage

—

About This Property

Fix and flip or long term investment opportunity for cash investors in Lake Wales. This 3 bedroom, 2 bathroom SFU features spacious 1,185 square foot floor plan. Full remodeling scope.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #O6417829
StatusActive
Year Built1955
Stories1
Total Rooms5
ConstructionBlock
RoofOther
FoundationSlab
FacesSouth
SubdivisionGOLF VIEW PARK RESUB
CountyPolk
OwnershipFee Simple

Interior Features

InteriorNinguno
FlooringOther
AppliancesNone
LaundryNone
CoolingNone
HeatingNone

Exterior & Lot

ExteriorLighting, Storage
Lot Size0.29 acres (12,423 sq ft)
Lot Dimensions62 x 150
Road SurfaceAsphalt
0

Utilities

WaterNone
SewerPublic Sewer
UtilitiesElectricity Available, Phone Available, Sewer Available, Water Available

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$69,900
Original Price$79,000
Annual Taxes$687 (2025)
ZoningR-2
Parcel #283008941100021080

Directions

Hwy 60 east to Jasmine Ave, go south. Turn right on Oleander Rd, Home is on the right hand side corner lot in the crossing of Oleander Rd and Azalea Ave.

Location

254 OLEANDER ROAD, LAKE WALES, FL 33898

Listing Information

OfficeLOKATION
ListedJune 23, 2026

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Home Price

$69,900

20% ($13,980)
6.75%

Loan Term

Principal & Interest$363
Property Tax (est.)$64
Insurance (est.)$150
Total Monthly$577
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How to Buy This Home

Multiple financing options available for this $69,900 home in LAKE WALES.

🏛️

FHA Loan

$2,447 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

$3,495 Down

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

🌾

USDA Loan

$0 Down

Zero down for eligible rural areas. Income limits apply.

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.

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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 7, 2026.

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