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$225,000

142 MARTHA DRIVE, LAKE WALES, FL 33898

3D Tour
Active122 days on market

Beds

2

Baths

1

Sq Ft

1,080 sq ft

Year Built

1977

Lot Size

0.21 acres

Garage

1

About This Property

Virtually Staged. Welcome home to this adorable Lake Wales gem where comfort, charm, and flexibility come together! This inviting 2-bedroom plus den home offers the perfect opportunity for a growing family, home office, hobby space, or could easily be converted into a 3rd bedroom. Step inside and be greeted by serene paint colors and a warm, relaxing atmosphere that instantly makes you feel at home. NEW APPLIANCES in 2023, NEW AC and HOT WATER HEATER in 2025. After a long day, unwind on the screened lanai, the perfect spot to enjoy your morning coffee or peaceful Florida evenings. Outside, you'll fall in love with the darling curb appeal, tropical landscaping, and a fully fenced, dog-approved yard where your four-legged family members can run and play freely. Need extra space? The detached garage/workshop offers endless possibilities for storage, projects, hobbies, or your dream workshop. NO HOA!!!!! Nestled in a quiet area of town, this property offers the best of both worlds—peaceful living while remaining just minutes from shopping, dining, schools, and everyday conveniences. Plus, enjoy an easy commute to both Tampa and Orlando, making work and weekend adventures a breeze.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #P4938962
StatusActive
Year Built1977
Stories1
Total Rooms7
ConstructionVinyl Siding, Wood Frame
RoofShingle
FoundationSlab
FacesWest
SubdivisionEAST PARK HEIGHTS
CountyPolk
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), Living Room/Dining Room Combo, Solid Surface Counters
FlooringCarpet, Ceramic Tile, Laminate
AppliancesDishwasher, Electric Water Heater, Microwave, Range, Refrigerator
LaundryLaundry Closet
WindowsBlinds, Drapes, Rods
CoolingCentral Air
HeatingCentral, Electric

Exterior & Lot

ExteriorSidewalk, Sliding Doors, Storage
FencingWood
Other StructuresShed(s), Workshop
Lot Size0.21 acres (9,000 sq ft)
Lot Dimensions90' x 100' M/L
Lot FeaturesCorner Lot, In County, Landscaped, Level
Road SurfacePaved, Asphalt
0

Utilities

WaterPublic
SewerSeptic Tank
UtilitiesCable Available, Electricity Connected, Fire Hydrant, Public, Water Connected

Parking

GarageYes (1 spaces)

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$225,000
Annual Taxes$2,003 (2025)
FinancingCash, Conventional, FHA, USDA Loan, VA Loan
ZoningRES
Parcel #283006940850004040

Schools

ElementarySpook Hill Elem
MiddleMcLaughlin Academy Of Excellence
HighLake Wales Senior High

Directions

State Road 60 East, left om Buckmore, right on Grant, Right on Martha. Home will be on the left.

Location

142 MARTHA DRIVE, LAKE WALES, FL 33898

Listing Information

OfficeDALTON WADE INC
ListedJune 6, 2026

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Home Price

$225,000

20% ($45,000)
6.75%

Loan Term

Principal & Interest$1,167
Property Tax (est.)$206
Insurance (est.)$150
Total Monthly$1,524
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $225,000 home in LAKE WALES.

🏛️

FHA Loan

$7,875 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

$11,250 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: June 8, 2026.

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