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$129,900
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Property Description
INVESTOR SPECIAL! NO HOA! Welcome to 5090 Cobalt Avenue in Lake Wales, a rare opportunity offering space, privacy, and endless potential. This 1989 double-wide manufactured home features three bedrooms and two bathrooms and sits on 3.5+ acres of peaceful land, making it ideal for investors or buyers looking to create their own private retreat. The property is serviced by well and septic and uniquely conveys with an RV trailer located at the rear of the property, already connected to sewer, water, and electric, adding extra flexibility or income potential. With no HOA and NO LOT RENT, you'll enjoy the freedom to bring your vehicles, animals, gardening plans, and outdoor hobbies while embracing quiet country-style living. The home does need TLC, making it a perfect value-add opportunity in a highly private setting. Come see the potential and imagine the possibilities-schedule your showing today and discover your own secluded escape. Manufactured home needs TLC. Seller financing available.
Full Property Details
Full Property Details for 5090 Cobalt Ave
General
- Price: $129,900
- Taxes: $1,789 (2025)
- Status: Active
- Type: Mobile Home
- Source: MidFloridaRegionalMLS
- MLS ID: P4937491
- Updated: 1/10/2026
- Added to Site: 9 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Built-in Features, Ceiling Fan(s), Eating Space In Kitchen, L Dining, Other, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat
- Appliances: Other, Range
- Furnishings: Furnished
- Flooring: Other, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Laundry Closet, Laundry Room, Other
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Garden, Other, Private Entrance, Private Mailbox, Private Yard, Sliding Doors, Storage
- Deck/Patio: Deck, Other, Patio, Porch, Rear Porch
- Porch/Patio/Deck: Deck, Other, Patio, Porch, Rear Porch
Location
- Area: 33859 - Lake Wales
- County: Polk
- Development Name: 33859 - Lake Wales
- Subdivision: LAKE WALES ESTATES
- Driving Directions: Head east on FL-60 E. Take Crews Rd to Alturas Babson Park Cut-Off Rd in Alturas. Turn right onto Alturas Babson Park Cut-Off Rd. Continue on Cottage Hill St. Take Cedar Hammock St and Sugarfoot Ave to Cobalt Ave.
- Direction Faces: West
School Information
- Elementary School: Bartow Elem Academy
- Middle School: Fort Meade Middle
- High School: Davenport High School
Community
- Community Name: 33859 - Lake Wales
Heating & Cooling
- Cooling Type: Central Air, Other
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank, Other
- Water: See Remarks, Well
- Utility Description: Electricity Available, Electricity Connected, Other, Public, Sewer Available, Sewer Connected, Street Lights, Underground Utilities, Water Available, Water Connected
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Exterior Const.: Metal Siding, Other
- Basement Desc.: Other
- Roof: Other, Shingle
- Windows: Blinds
- Stories/Levels: One
- Square Feet: 1,512
- Sq. Ft. Source: Public Records
- Year Built: 1989
Manufactured Home
- Mobile Home Type: Double Wide
Additional Structures
- Other Structures: Other
Lot Features
- Property View: City, Garden, Trees/Woods
- Lot Size (Acres): 3.46
- Lot Size (Sq. Ft.): 150,722
- Lot Size: 3.4601
- Frontage: Street Paved
- Street/Road Desc.: Paved, Asphalt, Other
- Fencing (Description): Other
Financial Considerations
- Tax Amount: $1,789.35
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BEG S1/4 COR SEC 36 RUN N 3963.42 FT E 1007.44 FT S 964.52 FT E 25 FT S 25 FT TO POB RUN E 305 FT S 495 FT W 305 FT N 495 FT TO POB BEING TRACTS 457 458 & 459 OF UNREC LK WALES EST
- Flood Zone Info: AE
- APN: 263036000000014130
- Property ID: 263036000000014130
Listed by Hut Realty, Llc
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Schools
Schools serving 5090 Cobalt Ave
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Ben Hill Griffin Jr Elementary School 501 McLeod Road, Frostproof, FL 33843 | PK-5 | 9.1 mi |
Mclaughlin Middle School And Fine Arts Academy 800 South 4th Street, Lake Wales, FL 33853 | 6-8 | 6.5 mi |
Frostproof Middle/Senior High School 1000 North Palm Avenue, Frostproof, FL 33843 | 6-8 | 9.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5090 Cobalt Ave
Date
Details
Price
Change
Source
1/09/2026
Listed
$129,900
419.6%
MLS
2/10/2017
Sold
$25,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5090 Cobalt Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,050
-32%
$113,727
19%
2024
$1,534
21%
$95,877
23%
2023
$1,272
23%
$78,231
72%
2021
$1,035
-12%
$45,440
-35%
2022
$1,171
13%
$69,657
91%
2021
$1,035
111%
$36,469
17%
2019
$490
-50%
$31,046
2%
2017
$983
—
$30,467
-27%
2017
$983
3%
$41,656
—
2016
$954
5%
$41,492
13%
2015
$911
7%
$36,758
10%
2014
$852
3%
$33,416
10%
2013
$830
—
$30,378
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5090 Cobalt Ave
5090 Cobalt Avenue, Lake Wales, FL 33859 (MLS# P4937491) is a Mobile Home property with 3 bedrooms and 2 full bathrooms. 5090 Cobalt Avenue is currently listed for $129,900 and was received on January 09, 2026. Want to learn more about 5090 Cobalt Avenue? Do you have questions about finding other Mobile Home real estate for sale in Lake Wales? You can browse all Lake Wales real estate or contact a Coldwell Banker agent to request more information.

