Skip to main content
1 / 41

$270,000

530 S 7TH STREET, LAKE WALES, FL 33853

3D Tour
Active1 days on market

Beds

2

Baths

2

Sq Ft

1,636 sq ft

Year Built

1925

Lot Size

0.42 acres

Garage

0

About This Property

Welcome to 530 S 7th Street,Move-in ready and thoughtfully updated, this Lake Wales home has had the big-ticket work done so you don’t have to. The wood floors have been refinished throughout the home (excluding the primary bedroom). New tile runs through the foyer, laundry room, and kitchen, with new baseboards to match. The kitchen has been freshly repainted and has a new cabinet beside the stove. Trim on the windows, doorways, and baseboards has been repainted throughout, and a new light fixture brightens the foyer. The AC system was recently serviced: the drain line was cleared, the attic insulation box replaced, the air handler coil cleaned, and a UV light installed in the air handler to help prevent mold growth. EV owners will appreciate the new 50-amp outlet for charging, conveniently placed beside a new car canopy on the side of the house. Located in Lake Wales, Polk County, minutes from Bok Tower Gardens, local shopping and dining, and easy access to US-27. Schedule your showing today!

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #P4940217
StatusActive
Year Built1925
Stories1
Total Rooms3
ConstructionBlock
RoofShingle
FoundationSlab
FacesEast
SubdivisionPALM PARK TERRACE
CountyPolk
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s)
FlooringTile, Hardwood
AppliancesDryer, Refrigerator, Washer
LaundryLaundry Room
CoolingCentral Air
HeatingCentral
FireplaceYes ()

Exterior & Lot

ExteriorOther
Lot Size0.42 acres (18,090 sq ft)
Lot Dimensions120 x 150
Road SurfaceAsphalt, Paved
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Available, Electricity Connected

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$270,000
Annual Taxes$2,061 (2025)
FinancingCash, Conventional, FHA, VA Loan
ZoningR-3
Parcel #273012920500002030

Directions

From US Highway 27, head east on Central Avenue toward downtown Lake Wales. Turn right onto S 7th Street and continue south. The home at 530 S 7th Street will be on your right.

Location

530 S 7TH STREET, LAKE WALES, FL 33853

Listing Information

OfficeKELLER WILLIAMS REALTY SMART 1
ListedOctober 20, 2026

Schedule a Tour

Pick a Day

Preferred Time

Scheduling is free, and you can cancel anytime.

Home Price

$270,000

20% ($54,000)
6.75%

Loan Term

Principal & Interest$1,401
Property Tax (est.)$248
Insurance (est.)$150
Total Monthly$1,798
Full Calculator →

How to Buy This Home

Multiple financing options available for this $270,000 home in LAKE WALES.

🏛️

FHA Loan

$9,450 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

$13,500 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

More Homes in Lake Wales

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 21, 2026.

Call (813) 733-7907TextContact