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$165,999

514 GREENVIEW TERRACE UNIT A, LAKE WALES, FL 33853

3D Tour
Active39 days on market

Beds

2

Baths

3

Sq Ft

1,248 sq ft

Year Built

1978

Lot Size

0.11 acres

Garage

1

About This Property

Investors, flippers, short term property owners or wholesalers here is an incredible value-add opportunity priced sharply below market. Located on a quiet street in Lake Wales, this spacious property offers strong upside for an investor, flipper, or buy-and-hold landlord looking for instant equity. The heavy lifting on the primary wet areas is already finished: both full bathrooms have been recently renovated with custom tile work. The remaining layout requires some cosmetic TLC (flooring, paint, and finishing touches etc) to reach full market potential and capture top rental rates or resale value. Featuring a functional 2-bedroom floor plan with over 1,200 sq. ft. of living space, solid construction, and convenient proximity to US-27, downtown Lake Wales, Bok Tower Gardens, local schools, and major Central Florida transit corridors.

Property Overview

Property TypeResidential
Sub TypeTownhouse
MLS #O6439647
StatusActive
Year Built1978
Stories2
Total Rooms4
ConstructionBlock
RoofMembrane, Shingle
FoundationBlock
FacesNorth
SubdivisionGREENBRIAR PH 01
CountyPolk
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s)
FlooringCeramic Tile
AppliancesNone
LaundryInside
CoolingCentral Air
HeatingElectric

Exterior & Lot

ExteriorBalcony
Lot Size0.11 acres (4,870 sq ft)
Lot Dimensions39 x 123
Road SurfaceAsphalt
0

Utilities

WaterNone
SewerPublic Sewer
UtilitiesBB/HS Internet Available, Cable Available, Electricity Available

Parking

GarageYes (1 spaces)

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$165,999
Original Price$140,500
Annual Taxes$1,010 (2025)
FinancingCash
ZoningRP
Parcel #272935880010000261

Directions

Head South on Scenic Highway (FL-17 S / S Scenic Hwy) from Downtown Lake Wales (Park Ave / Stuart Ave area). Follow FL-17 S south for approximately 1.5 miles until you reach Burns Ave. Turn Left (East) onto Burns Ave. In about 0.3 miles, Turn Right (South) onto Greenleaf Ln. Turn Right onto Greenview Terrace. Follow Greenview Terrace around—514 Greenview Terrace (Unit A) will be on your left.

Location

514 GREENVIEW TERRACE UNIT A, LAKE WALES, FL 33853

Listing Information

OfficeSPANN & ASSOCIATES REAL ESTATE
ListedSeptember 5, 2026

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Home Price

$165,999

20% ($33,200)
6.75%

Loan Term

Principal & Interest$861
Property Tax (est.)$152
Insurance (est.)$150
Total Monthly$1,163
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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 14, 2026.

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