$399,000
520 7th Street
Lake Wales, FL 33853
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
This beautifully renovated property offers a rare blend of comfort, modern design, and versatility, featuring a fully updated main house and a completely independent guest house. Both residences showcase bright, open living spaces with a clean, contemporary aesthetic, including brand-new kitchens and bathrooms equipped with modern appliances and thoughtfully selected finishes. The inviting living areas feel warm and welcoming, while the spa-like bathrooms add a touch of everyday luxury. Extensive upgrades provide peace of mind and long-term value, including new roofs and gutters, updated electrical panels, new windows, and all-new interior and exterior doors in both the main house and guest house. The exterior has been refreshed with new stucco, enhancing curb appeal and durability. Energy efficiency is a key highlight, with a solar system, new water heaters for both homes, and a new AC unit in the guest house. Designed for both functionality and enjoyment, the outdoor space features a newly created patio area between the main house and guest house—perfect for entertaining, relaxing, or hosting gatherings. The property also includes a new shed and a driveway connecting both residences, adding convenience and flexibility. Ideal for multigenerational living, hosting guests, working from home, or generating additional rental income, this move-in-ready property offers modern comfort, efficiency, and style—all in one exceptional opportunity.
Estimated monthly payment
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 history52 days on market
- Status: ActiveDec 18, 2025
- Listed$399,000Dec 18, 2025
- Price increased$399,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 52
- Subdivision
- Palm Park Terrace
- County
- Polk
- Year built
- 1925
- Living area
- 1,866 sq ft
- Price/sq ft
- $214
- Building area
- 2,691 sq ft (Public Records)
- Lot size
- 16,370 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X (12105C0565H)
- Garage
- 2 spaces
- Annual taxes
- $3,503 (2024)
- Parcel #
- 27-30-12-920500-001131
- Zoning
- R-3
- MLS #
- O6367558
Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Flooring
- Vinyl, Wood
- Appliances
- Built-In Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator, Tankless Water Heater
- Interior features
- Thermostat
- Laundry
- Electric Dryer Hookup, Laundry Room, Washer Hookup
- Stories / Levels
- One
- Direction faces
- East
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- No
- Carport
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Awning(s), Sidewalk
- Construction materials
- Stucco
- Roof
- Membrane, Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- None
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | 20x20 |
| Primary Bedroom | First | 12x12 |
| Living Room | First | 16x16 |
Listing Details
- Listing date
- 2025-12-15
- On market date
- 2025-12-18
- Original list price
- $399,000
- Occupant type
- Vacant
- MLS area
- 33853 - Lake Wales South
- Listing AOR
- Orlando Regional
- Status changed
- 2025-12-18
- Tax legal description
- PALM PARK TERRACE PB 10 PG 45 BLK A LOTS 13 E1/2 & ALL 14
Flood risk
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
Use US-27 to enter Lake Wales, FL. Once in Lake Wales, turn onto Central Ave, then turn right onto S 7th St and continue to 520 S 7th St, Lake Wales, FL 33853.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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 February 8, 2026 at 2:05 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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