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
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.
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
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Property Sales & Tax
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Polk Avenue Elementary School
110 E Polk Ave
Distance between this listing and this school0.55 miles
Public Charter Grades PK-5
6
/10
Hillcrest Elementary School
1051 State Road 60 E
Distance between this listing and this school0.95 miles
Public Charter Grades PK-5
2
/10
Spook Hill Elementary School
321 Dr J A Wiltshire Ave E
Distance between this listing and this school1.43 miles
Public District Grades PK-5
Nearby Schools
3
/10
McLaughlin Middle School
800 4th St S
Distance between this listing and this school0.20 miles
Public District Grades 6-8
4
/10
Edward W Bok Academy North
338 E Central Ave
Distance between this listing and this school0.76 miles
Public Charter Grades 6-8
5
/10
Bok Academy
13895 Hwy 27
Distance between this listing and this school4.67 miles
Public Charter Grades 6-8
Nearby Schools
2
/10
Roosevelt Academy
115 E St
Distance between this listing and this school1.67 miles
Public District Grades 6-12
3
/10
Lake Wales Senior High School
1 Highlander Way
Distance between this listing and this school1.85 miles
Public Charter Grades 9-12
3
/10
Frostproof Middle/Senior High School
1000 N Palm Ave
Distance between this listing and this school9.43 miles
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.
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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.