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520 S 7TH STREET
LAKE WALES, FL, 33853
$399,000
3 Beds
2 Baths
1,866 SqFt
0.38 Acres
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MLS #O6367558 image #0
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.

Property Details

Price:
$399,000
MLS #:
O6367558
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
PALM PARK TERRACE
Neighborhood:
33853lakewalessouth
Listed Date:
Dec 18, 2025
Finished Sq Ft:
1,866
Total Sq Ft:
2,691
Lot Size:
16,370 sqft / 0.38 acres (approx)
Year Built:
1925
33853 – Lake Wales South33853lakewalessouthPalm Park TerraceCityNo Minimum

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Schools

Interior

Appliances
Built-In Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator, Tankless Water Heater
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Vinyl, Hardwood
Heating
Central
Interior Features
Thermostat
Laundry Features
Electric Dryer Hookup, Laundry Room, Washer Hookup
Levels
One

Exterior

Common Walls
Corner Unit
Construction Materials
Stucco
Covered Spaces
3
Direction Faces
East
Exterior Features
Awning(s), Sidewalk
Fencing
Fenced
Garage Spaces
2
Lot Features
Cleared, Near Public Transit, Oversized Lot, Sidewalk
Other Structures
Guest House
Roof
Membrane, Shingle
View
City

Financial

Tax Year
2024
Taxes
$3,503

Map

Community

Subdivisions in LAKE WALES

Market Summary

Current real estate data for Single Family in LAKE WALES as of Apr 23, 2026
351
Single Family Listed
121
Avg DOM
208
Avg $ / SqFt
$383,532
Avg List Price

Property Summary

    Located in the PALM PARK TERRACE subdivision, 520 S 7TH STREET LAKE WALES FL is a Single Family for sale in LAKE WALES, FL, 33853. It is listed for $399,000 and features 3 beds, 2 baths, and has approximately 1,866 square feet of living space, and was originally constructed in 1925. The current price per square foot is $214. The average price per square foot for Single Family listings in LAKE WALES is $208. The average listing price for Single Family in LAKE WALES is $383,532. To schedule a showing of MLS#o6367558 at 520 S 7TH STREET in LAKE WALES, FL, contact your Preferred Real Estate Brokers agent at 4076987254.

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520 S 7TH STREET
LAKE WALES, FL