$399,000
520 S 7th Street Lake Wales, FL 33853
For Sale MLS# O6367558
3 beds 2 baths 1,866 sq ft Single Family
Details for 520 S 7th Street
MLS# O6367558
Description for 520 S 7th Street, Lake Wales, FL, 33853
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 house—perfect 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 style—all in one exceptional opportunity.
Listing Information
Property Type: Residential, Single Family Residence
Status: Active
Bedrooms: 3
Bathrooms: 2
Lot Size: 0.38 Acres
Square Feet: 1,866 sq ft
Year Built: 1925
Garage: Yes
Stories: 1 Story
Construction: Stucco
Property Attached: Yes
Construction Display: New Construction
Subdivision: Palm Park Terrace
Foundation: Slab
County: Polk
Construction Status: New Construction
Room Information
Main Floor
Living Room: 16x16
Primary Bedroom: 12x12
Kitchen: 20x20
Bathrooms
Full Baths: 2
Additonal Room Information
Laundry: Washer Hookup, Laundry Room, Electric Dryer Hookup
Interior Features
Appliances: Built-In Oven, Tankless Water Heater, Electric Water Heater, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
Flooring: Vinyl,Wood
Utilities
Sewer: Public Sewer
Other Utilities: Cable Available,Electricity Available,Natural Gas Available,High Speed Internet Available,Sewer Connected,Water Connected,Water Not Available
Cooling: Central Air
Heating: Central
Exterior / Lot Features
Garage Spaces: 2
Roof: Shingle, Membrane
Lot View: City
Fencing: fenced
Additional Exterior/Lot Features: Awning(s), Cleared, Near Public Transit, Oversized Lot
Out Buildings: Guest House
Community Features
Community Features: Sidewalks
Driving 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.
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: 27-30-12-920500-001131
Tax Amount: 3502.83
Tax Year: 2024
A broker reciprocity listing courtesy: KELLER WILLIAMS ADVANTAGE III
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 520 S 7th Street
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 520 S 7th Street
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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