$199,900
206 1st Street
Lake Wales, FL 33853
Listing updated: April 20, 2026 at 1:10 PM ET
Listing courtesy of Legacy Real Estate Center Inc · Vicky Holloway · MLS #K4903425 · Active · 863-676-0200Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Located in the heart of all Lake Wales Main Street developments and beautification. Perfect corner multi use lot ready for construction. Secure this prime location for your small business as Lake Wales growth moves north on 1st Street from Park Avenue. Call today!
Local Insight
At $20/sqft for a cleared lot in downtown Lake Wales, you're looking at genuine small-town land value in a place that's actively resisting sprawl — but you need to understand what you're actually building on, since lot size and utilities access will make or break the project economics. The location puts you walking distance from the revitalized downtown and Bok Tower Gardens, which is the town's anchor, but that also means you're in an older, denser part of town where zoning and setback requirements could limit what you can do compared to raw land elsewhere in the county. This is a value play for someone who wants to be embedded in Lake Wales' specific character, not a typical development parcel.
AI-generated insight based on listing data and neighborhood context. Verify independently.
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 history0 days on market
- Status: ActiveApr 20, 2026
- Listed$199,900Apr 20, 2026
- Price increased$199,900
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 0
- Subdivision
- Lake Wales
- County
- Polk
- Price/sq ft
- $20
- Lot size
- 9,827 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12105C0565H)
- Annual taxes
- $1,551 (2025)
- Parcel #
- 27-30-01-883000-022070
- Zoning
- C-1
- MLS #
- K4903425
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash
- Ownership
- Sole Proprietor
Exterior & Construction
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Available, Sewer Available, Water Available
Listing Details
- Listing date
- 2026-04-17
- On market date
- 2026-04-20
- Original list price
- $199,900
- MLS area
- 33853 - Lake Wales South
- Listing AOR
- Lake Wales
- Status changed
- 2026-04-20
- Tax legal description
- LAKE WALES PB 1 PG 88A 88B S1&2 T30 R27 BLK 22 LOT 7
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 Central go North on 1st to 206, see sign. Or from Scenic go West on Crystal to 1st.
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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 April 20, 2026 at 1:10 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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