$265,000
742 Hibiscus Avenue
Lake Wales, FL 33853
Listing updated: May 31, 2026 at 9:58 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
One or more photo(s) has been virtually staged. Charming 1928 home with detached ADU in the heart of Lake Wales! Located in the established Hibiscus Park neighborhood, this unique property offers a 3-bedroom, 2-bath single-family residence with approximately 1,352 heated square feet, plus a detached secondary dwelling (1 bedroom, 1 bathroom) — ideal for extended family, guests, or potential rental income (buyer to verify rental regulations with the City of Lake Wales). The main home features original character with wood flooring, public utilities, central heat, and central A/C, along with an electric range, refrigerator, dishwasher, and electric water heater included. The detached unit adds flexibility and value, making this a versatile property for homeowners or investors alike. Situated on an oversized lot (approx. 0.34 acres), the property provides ample yard space for outdoor enjoyment, future improvements, or added privacy. Zoned R-3 with no HOA and located in Flood Zone X, this home offers both convenience and opportunity. Just minutes from downtown Lake Wales, shopping, dining, and local amenities. Property sold AS-IS. Buyer to verify zoning, land use, measurements, and ADU details.
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 history149 days on market
- Status: ActiveJan 3, 2026
- Listed$425,000Jan 2, 2026
- Price reduced$265,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 149
- Subdivision
- Hibiscus Park
- County
- Polk
- Year built
- 1928
- Living area
- 1,352 sq ft
- Price/sq ft
- $196
- Building area
- 1,942 sq ft (Public Records)
- Lot size
- 14,867 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X
- Annual taxes
- $2,584 (2024)
- Parcel #
- 27-30-12-918000-002010
- Zoning
- R-3
- MLS #
- L4958191
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Flooring
- Wood
- Appliances
- Dishwasher, Electric Water Heater, Range, Refrigerator
- Interior features
- Ninguno
- Laundry
- Electric Dryer Hookup
- Stories / Levels
- One
- Direction faces
- North
- In-law suite
- Yes
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air, Wall/Window Unit(s)
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
- None
- Construction materials
- Frame
- Roof
- Shingle
- Foundation
- Pillar/Post/Pier
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Available, Electricity Connected, Public, Sewer Connected
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | |
| Primary Bedroom | First | |
| Kitchen | First |
Listing Details
- Listing date
- 2026-01-01
- On market date
- 2026-01-02
- Original list price
- $425,000
- Occupant type
- Vacant
- MLS area
- 33853 - Lake Wales South
- Listing AOR
- Lakeland
- Status changed
- 2026-01-03
- Tax legal description
- HIBISCUS PARK PB 21 PG 16 BLK B LOTS 1 & 2
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
From US Hwy 27 in Lake Wales, turn east on Central Ave. Continue to Hibiscus Ave and turn left (north). Property will be ahead on the right at 742 Hibiscus Ave.
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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 May 31, 2026 at 9:58 AM 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.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA