$59,900
232 C Street
Lake Wales, FL 33853
Listing updated: June 23, 2026 at 7:46 PM ET
Listing courtesy of Coldwell Banker Realty · Kelly Hansell · MLS #L4961217 · Active · 863-294-7541Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Opportunity knocks in the heart of Lake Wales! Located just minutes from downtown at 232 C Street, this .18-acre property sits within a designated redevelopment area, making it an ideal candidate for investors, builders, or those looking to start fresh. The existing wood-frame structure is in need of a complete renovation, with all windows currently removed, offering a blank slate for your vision. Whether you choose to restore or rebuild, this property presents significant potential. Buyers may benefit from possible savings on impact fees. Conveniently positioned near downtown amenities, shopping, dining, and local attractions, this lot provides both location and opportunity. Bring your plans and imagination to transform this property into something new. CASH ONLY-NO SIGHT UNSEEN OFFERS WILL BE REVIEWED
Local Insight
At $53/sqft for a 1925 cottage in Lake Wales, you're looking at genuine small-town character pricing—this is genuinely affordable for the Ridge location and historic designation, though you'll need to assess the bones carefully on a 99-year-old structure and factor in likely updates. The trade-off here is clear: you're buying into a deliberately preserved heritage town with real cultural assets like Bok Tower rather than appreciation potential, so this works best if you actually value the walkable downtown, artist community, and that singular small-town identity rather than viewing it as a speculation play. The lot is tight at 0.18 acres and there's no flood zone advantage to speak of, so the value proposition really hinges on whether Lake Wales' authentic (not manufactured) character justifies living small and old.
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 history65 days on market
- Status: ActiveApr 19, 2026
- Listed$64,900Apr 19, 2026
- Price reduced$59,900
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 65
- Subdivision
- Lake Wales Land Co Sub
- County
- Polk
- Year built
- 1925
- Living area
- 1,124 sq ft
- Price/sq ft
- $53
- Lot size
- 8,024 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12105C0565H)
- Annual taxes
- $1,102 (2025)
- Parcel #
- 27-29-35-879000-003160
- Zoning
- R-3
- MLS #
- L4961217
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 1
- Half bathrooms
- 1
- Flooring
- Other
- Appliances
- None
- Interior features
- Ninguno
- Laundry
- None
- Stories / Levels
- One
- Direction faces
- West
Heating & Cooling
- Heating
- None
- Cooling
- None
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- None
- Construction materials
- Frame
- Roof
- Shingle
- Foundation
- Crawlspace
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- None
- Utilities
- Electricity Available
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | 12x12 |
| Bedroom 2 | First | 10x10 |
| Kitchen | First | 10x10 |
| Living Room | First |
Listing Details
- Listing date
- 2026-04-17
- On market date
- 2026-04-19
- Original list price
- $64,900
- Occupant type
- Vacant
- Special conditions
- Real Estate Owned
- MLS area
- 33853 - Lake Wales South
- Listing AOR
- East Polk
- Status changed
- 2026-04-19
- Tax legal description
- LAKE WALES LAND CO SUB PB 5 PG 11 BLK 3 LOT 16
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 Hwy 17 in Lake Wales, Turn West onto Florida Avenue. Go 200 feet and turn left onto C Street. The house is .3 mies down the road on the left.
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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 June 23, 2026 at 7:46 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.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA