3 months on rocket

E Grove Ave, Lake Wales, FL, 33853

$524,150

9.53 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #O6230524
Lot Size9.53 Acres
StatusActive

About E Grove Ave

Introducing a prime investment opportunity in Lake Wales, FL. This property zoned R-1A (Residential), offers an exceptional foundation for residential development within the growing Lake Wales area. With a strategic location, this parcel presents a blank canvas for crafting a contemporary residential community tailored to the growing demand for housing in the region. With its favorable zoning and access to essential amenities, this property is a compelling prospect for residential investors seeking to capitalize on the burgeoning real estate market in Lake Wales. Discover the allure of Lake Wales, FL, a charming city where natural beauty and modern conveniences converge. Surrounding the area, investors will find the iconic Bok Tower Gardens, a renowned historical landmark, and sanctuary for breathtaking landscapes and musical performances. Additionally, the nearby Lake Wales Country Club provides a serene setting for networking and social events. With its proximity to major highways and the bustling downtown area, the location presents a prime opportunity to leverage the city’s growth and appeal.

Property Details

Property Features

Listing Office:

  • Office Name: SVN SAUNDERS RALSTON DANTZLER REAL ESTATE
  • Office Phone: (863) 648-1528
  • Listing Agent: David Hitchcock

Virtual/3D Tour

  • Virtual Tour: E Grove Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 9.53 Acres

Other

Directions Information:

  • Directions: From US 27 at SR 60 go S on US 27 250 feet to Oak Street. Go E on Oak Street 0.1 mile to Miami Street. Go S on Miami Street 0.3 of a mile and the property will be on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $524,150
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Housing Market Comparison

See how this home compares to others in Lake Wales, FL.

Med. Sold Price

$270K

Med. Price/SqFt

$175

Avg. Days On Market

54

# of Sold Homes

27

E Grove Ave vs Lake Wales

109 DAYS ON ROCKET

+55 Days

$524,150

+$254.1K More

KEY TAKEAWAY

This property is $254.1K more than the Median Sold Price in Lake Wales, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6230524

Listing Office:

  • Office Name: SVN SAUNDERS RALSTON DANTZLER REAL ESTATE
  • Office Phone: (863) 648-1528
  • Listing Agent: David Hitchcock

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 5:19:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,684

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,638

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1197790
2
/10
  • Polk Avenue Elementary School

  • 110 E Polk Ave

  • 0.55 miles

  • Public Charter Grades PK-5

school-card-donut-1197791
6
/10
  • Hillcrest Elementary School

  • 1051 State Road 60 E

  • 0.95 miles

  • Public Charter Grades PK-5

school-card-donut-1197792
2
/10
  • Spook Hill Elementary School

  • 321 Dr J A Wiltshire Ave E

  • 1.43 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,425. Most Lake Wales, FL residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About E Grove Ave

What is the listing price of this property?

The listing price of E Grove Ave property is $524,150.

What type of property is this?

The property E Grove Ave is land located in Lake Wales, Florida, 33853.

Is this property for sale now?

Active Listing: E Grove Ave is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property E Grove Ave is 9.53 acres.
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Rocket HomesFloridaPolk CountyLake Wales33853E Grove Ave

This home is located at E Grove Ave in Lake Wales, FL and zip code 33853. This home sits on a 9.53 acre lot. It has been listed on Rocket Homes since August 07, 2024 and is currently priced at $524,150.

Over 8 listings were sold over their listed price in October 2024 in Lake Wales, FL. In the same period over 12 listings were sold below the listed price and 7 listings were sold for the listed price. In October 2024 in Lake Wales, FL there were 1% more homes for sale than in September 2024. In October 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $270,000.

From Rocket Homes Real Estate and based on county public records data.

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