To schedule a showing of 520 S 7th Street, Lake Wales, Florida, Call David Shippey at 863-521-4517 TODAY!
$399,000 | 3 beds | 2 full baths | N/A half baths | 1,866 sqft
Lake Wales, FL 33853
- 3Beds
- 2.00Total Baths
- 2 Full, 0 HalfBaths
- 1,866SqFt
- 1925Year Built
- 0.38Acres
- MLS# O6367558
- Residential
- SingleFamilyResidence
- Active
- Approx Time on Market5 months, 18 days
- Area33853 - Lake Wales South
- CountyPolk
- Subdivision Palm Park Terrace
Overview
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 houseperfect 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 styleall in one exceptional opportunity.
Agriculture / Farm
Association Fees / Info
Community Features: Sidewalks
Bathroom Info
Total Baths: 2.00
Fullbaths: 2
Building Info
Roof: Membrane, Shingle
Building Area Source: PublicRecords
Buyer Compensation
Exterior Features
Exterior Features: Awnings
Fees / Restrictions
Financial
Original Price: $399,000
Fencing: Fenced
Garage / Parking
Garage: Yes
Carport: Yes
Car Ports: 1
Green / Env Info
Interior Features
Floors: Vinyl, Wood
Levels: One
Laundry Features: WasherHookup, ElectricDryerHookup, LaundryRoom
Appliances: BuiltInOven, Cooktop, Dishwasher, ElectricWaterHeater, Disposal, Microwave, Refrigerator, TanklessWaterHeater
Lot Info
Direction Remarks: 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.
Number of Lots: 1
Lot Size Units: Acres
Lot Size Acres: 0.38
Lot Sqft: 16,370
Lot Desc: Cleared, OversizedLot, NearPublicTransit
Misc
Other
Other Structures: GuestHouse
Special Conditions: None
Other Rooms Info
Property Info
Section: 12
Class Type: SingleFamilyResidence
Property Sub Type: SingleFamilyResidence
Property Condition: NewConstruction
Property Attached: Yes
Construction Materials: Stucco
Stories: 1
Total Stories: 1
Foundation: Slab
Room Info
Total Rooms: 3
Sqft Info
Sqft: 1,866
Bulding Area Sqft: 2,691
Living Area Units: SquareFeet
Living Area Source: PublicRecords
Tax Info
Tax Year: 2,024
Tax Lot: 13
Tax Legal Description: PALM PARK TERRACE PB 10 PG 45 BLK A LOTS 13 E1/2 & ALL 14
Tax Block: A
Tax Annual Amount: 3502.83
Tax Book Number: 10-45
Unit Info
Utilities / Hvac
Heating: Central
Water Source: None
Sewer: PublicSewer
Cool System: CentralAir
Cooling: Yes
Heating: Yes
Utilities: CableAvailable, ElectricityAvailable, NaturalGasAvailable, HighSpeedInternetAvailable, SewerConnected, WaterConnected, WaterNotAvailable
Waterfront / Water
View: Yes
View: City
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.This listing courtesy of Keller Williams Advantage Iii
MLS# S5146300 
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MLS IDX data last updated on 06-05-2026 7:26 PM EST.
If you have any questions on 520 S 7th Street, Lake Wales, Florida, please call David Shippey at 863-521-4517.
MLS# O6367558 located at 520 S 7th Street, Lake Wales, Florida is brought to you by David Shippey REALTOR®
520 S 7th Street, Lake Wales, Florida has 3 Beds, 2 Full Bath, and 0 Half Bath.
The MLS Number for 520 S 7th Street, Lake Wales, Florida is O6367558.
The price for 520 S 7th Street, Lake Wales, Florida is $399,000.
The status of 520 S 7th Street, Lake Wales, Florida is Active.
The subdivision of 520 S 7th Street, Lake Wales, Florida is Palm Park Terrace.
The home located at 520 S 7th Street, Lake Wales, Florida was built in 2026.