$240,000
Off-Market Date: 05/10/2026530 S 7th Street Lake Wales, FL 33853
Pending MLS# O6395623
2 beds 2 baths 1,636 sq ft Single Family
Details for 530 S 7th Street
MLS# O6395623
Description for 530 S 7th Street, Lake Wales, FL, 33853
One or more photo(s) has been virtually staged. Welcome to 530 S 7th Street, a charming opportunity nestled in the established Palm Park Terrace community of Lake Wales. This residence offers a blend of character, comfort, and key system updates, making it an appealing choice for both homeowners and investors looking for long-term value. Major improvements have already been taken care of, including a roof installed in 2017, a newer A/C system from 2023, and a water heater updated in 2016—providing peace of mind and reducing near-term maintenance concerns. The kitchen comes equipped with a dishwasher, microwave, and GAS stove, all of which convey with the sale, adding immediate convenience for move-in or rental readiness. Adding even more versatility, the property features a 30-amp RV hookup along with a portable generator hookup, offering added functionality, convenience, and preparedness—ideal for travel enthusiasts or backup power needs. Positioned just minutes from the heart of Lake Wales, this location offers easy access to local dining, shopping, and everyday essentials. Residents will appreciate proximity to the vibrant downtown corridor, known for its historic charm and community events, as well as nearby parks and recreational spaces perfect for enjoying Florida’s year-round sunshine. Looking ahead, the area continues to see thoughtful growth and revitalization, enhancing both lifestyle appeal and property value potential. With ongoing interest in Central Florida’s expansion, Lake Wales is gaining attention for its balance of small-town character and accessibility to larger metro areas. Whether you're searching for a primary residence or a smart addition to your portfolio, this property delivers a compelling combination of location, updates, added utility features, and future upside. Don’t miss the chance to secure your place in one of Lake Wales’ steadily evolving neighborhoods.
Listing Information
Property Type: Residential, Single Family Residence
Status: Pending
Bedrooms: 2
Bathrooms: 2
Lot Size: 0.42 Acres
Square Feet: 1,636 sq ft
Year Built: 1925
Stories: 1 Story
Construction: Stucco
Construction Display: New Construction
Subdivision: Palm Park Terrace
Foundation: Other
County: Polk
Construction Status: New Construction
Room Information
Main Floor
Bedroom 2:
Primary Bedroom:
Living Room:
Kitchen:
Bathrooms
Full Baths: 2
Additonal Room Information
Laundry: Inside
Interior Features
Appliances: Dishwasher, Microwave, Range
Flooring: Tile,Wood
Fireplaces: Electric, Wood Burning
Additional Interior Features: Living/Dining Room, Ceiling Fan(s), Open Floorplan
Utilities
Water: Public
Sewer: Septic Tank
Other Utilities: Cable Available,Electricity Available,Phone Available,Water Available
Cooling: Ceiling Fan(s), Central Air
Heating: Central, Electric
Exterior / Lot Features
Roof: Other
Lot View: Trees/Woods
Lot Dimensions: 120x150
Fencing: fenced
Additional Exterior/Lot Features: Lighting, Patio, Landscaped
Community Features
Community Features: Sidewalks
Security Features: Smoke Detector(s)
Driving Directions
From US Hwy 27 in Lake Wales, head east on Central Avenue toward the downtown district. Continue straight, then turn right onto S 7th Street. Follow S 7th Street south, and the property at 530 S 7th Street will be located on your right within the Palm Park Terrace subdivision.
Financial Considerations
Terms: Cash,Conventional,FHA,VA Loan
Tax/Property ID: 27-30-12-920500-002030
Tax Amount: 2061.15
Tax Year: 2025
A broker reciprocity listing courtesy: KELLER WILLIAMS ADVANTAGE III
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Copyright 2026 Stellar MLS as distributed by the MLS GRID. All Rights Reserved.
Sales History & Tax Summary for 530 S 7th Street
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 530 S 7th Street
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Data powered by ATTOM Data Solutions. Copyright© 2026. 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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