$400,000
315 Dorsett AvenueLake Wales, FL 33853
Listing updated: November 2, 2026 at 3:10 PM ET
Listing courtesy of Florida Realty Marketplace · Jenn Manzella · MLS #P4940337 · Active · 863-877-1915Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Virtually Staged. NO HOA! 2 HOMES-1 LOT! BRAND NEW CONSTRUCTION! A unique opportunity featuring a $40K grant from Lake Wales for down payment and closing cost assistance for a qualified owner-occupant! Listed below the FHA appraised value and priced at $400K this brand-new construction property features two separate single-family residences on one lot, a 3-bedroom/2-bathroom home and a 2-bedroom/1-bathroom home, each complete with its own private entrance and seperate water/electric meters, full kitchen, and washer/dryer hookups. This makes it an ideal home ownership hack for first-time buyers to live in one unit and let rental income from the other cover a major portion of the mortgage, or an incredible cash-flowing option for investors. Because an FHA appraisal is already on file, FHA buyers can use it smoothly to process their loan with no worries about appraising, and lenders can factor projected rental income into your qualification so you may qualify for more than you think. Seller concessions are also available depending on the offer. You're not just buying a home, you're buying a future! Set in the growing city-invested community of Lake Wales, the home offers fantastic convenience just minutes State Road 60 and US-27, Walmart Supercenter, healthcare at AdventHealth Lake Wales, everyday shopping at Lake Wales Plaza, and local dining spots like Lake Wales Family Restaurant.
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 history178 days on market
- Status: ActiveNov 2, 2026
- Listed$400,000Nov 2, 2026
Facts & features
- Property type
- Residential Income
- Sub type
- Duplex
- Status
- Active
- Days on market
- 178
- Cumulative DOM
- 178
- Subdivision
- Thulberrys Second Sub
- County
- Polk
- Year built
- 2026
- Living area
- 1,755 sq ft
- Price/sq ft
- $228
- Building area
- 1,945 sq ft (Appraiser)
- Lot size
- 6,700 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X
- Annual taxes
- $267 (2025)
- Parcel #
- 27-30-02-899000-008100
- Zoning
- IND
- MLS #
- P4940337
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Interior Details
- Bedrooms
- 5
- Flooring
- Luxury Vinyl
- Appliances
- Dishwasher, Microwave, Range, Refrigerator
- Interior features
- Ceiling Fans(s), Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s)
- Laundry
- Electric Dryer Hookup, Inside, Laundry Closet, Washer Hookup
- New construction
- Yes
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 0
- Parking features
- Driveway, Off Street, On Street, Oversized, Parking Pad
HOA & Financial
- Total monthly fees
- None
- Total annual fees
- None
- CDD
- No
- Listing terms
- Cash, Conventional, FHA, Special Funding, USDA Loan, VA Loan
- Ownership
- Fee Simple
- Additional lease restrictions
- No HOA. Please check with the City of Lake Wales and/or Polk County to confirm any restrictions.
Exterior & Construction
- Exterior features
- Private Entrance, Rain Gutters, Sidewalk
- Construction materials
- Stucco
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Connected, Emergency Power, Fiber Optics, Sewer Connected, Water Connected
Community
- Pets allowed
- Cats OK, Dogs OK, Yes
Listing Details
- Listing date
- 2026-10-28
- On market date
- 2026-11-02
- Original list price
- $400,000
- Occupant type
- Vacant
- MLS area
- 33853 - Lake Wales South
- Listing AOR
- Orlando Regional
- Status changed
- 2026-11-02
- Tax legal description
- THULBERRYS SECOND SUB PB 24 PG 21 BLK 8 LOT 10
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
Head north on North Scenic Highway (US-17) from State Road 60, take a left onto Florida Avenue, make another left onto Dorsett Avenue, and 315 Dorsett Avenue will be on your right.
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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 November 2, 2026 at 3:10 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.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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