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$50,000

517 Lincoln Avenue

Lake Wales, FL 33853

Listing updated: April 3, 2026 at 3:21 PM ET

Active

Listing courtesy of Fee Simple Realty Llc · Stephanie Gavric · MLS #L4955516 · Active · 863-944-5577

Baths

0.13

Acres

◆$9/sqft◆360° tour

Land

Property type

5,752 sqft

Lot size

Price / sq ft

No HOA

HOA dues

218

Days on market

Flood zone

About this home

Vacant residential lot with no HOA and no CDD fees. Clear title and ready for development. Zoned for single-family construction with flexibility to build on your timeline and bring your own builder. Whether you're planning a custom residence, spec build, or long-term land investment, this parcel offers control without restrictive oversight. 49.5 Foot Frontage and 116 Foot Depth. Alley way behind the lot adds for additional access. Lake Wales CRA District. NO IMPACT FEE. Buyers to verify building options and requirements with the City of Lake Wales, before going under contract. Public Water, Sewer and Electric available.

Local Insight

At $9 per square foot for a 5,660 sq ft lot in Washington Park, you're getting a genuine bargain for Lake Wales land, but the small footprint (0.13 acres) limits what you can realistically build—this works best as an infill project or accessory structure lot rather than a standalone home site. The X flood zone is a major plus for this price tier, and being in an HOA-free zone gives you flexibility, but you'll want to verify utility availability and setback requirements before assuming this is development-ready, since tight lots in historic small towns often come with nuanced code constraints.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$253

Property taxes$12

Home insurance (est.)$23

Down payment

20%

$10,000 downRate

6.5%

Term

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history218 days on market

Status: Active
Aug 28, 2025
Listed$48,000
Aug 28, 2025
Price increased$50,000

Facts & features

Property type: Land
Status: Active
Days on market: 218
Subdivision: Washington Park
County: Polk
Price/sq ft: $9
Lot size: 5,752 sq ft
Lot category: 0 to less than 1/4
Flood zone: X
Annual taxes: $143 (2024)
Parcel #: 27-29-34-872000-002080
Zoning: RESID
MLS #: L4955516

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Interior Details

Direction faces: South

HOA & Financial

Total monthly fees: $0/mo
Total annual fees: $0
CDD: No
Listing terms: Cash, Conventional, FHA, Owner Financing
Ownership: Fee Simple

Exterior & Construction

Road surface: Asphalt

Utilities

Sewer: Public Sewer
Water source: Public
Utilities: Electricity Available, Sewer Available, Water Available

Listing Details

Listing date: 2025-08-28
On market date: 2025-08-28
Original list price: $48,000
MLS area: 33853 - Lake Wales South
Listing AOR: Lakeland
Status changed: 2025-08-28
Tax legal description: LOT 8, BLOCK 2, OF WASHINGTON PARK UNIT 1, ACCORDING TO PLAT THEREOF RECORDED IN PLAT BOOK 31, PAGE 13, PUBLIC RECORDS OF POLK COUNTY, FLORIDA

Flood risk

Minimal riskFEMA Zone X

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Highway 27. East on Washington Avenue. South on E Street. West on Lincoln Avenue W. Located on North side of the Avenue.

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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.

Based on information submitted to the MLS GRID as of April 3, 2026 at 3:21 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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