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$399,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,866 Sq. Ft.
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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.

Full Property Details for 520 S 7th St

General

  • Price: $399,000
  • Taxes: $3,502 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: O6367558
  • Updated: 12/18/2025
  • Added to Site: 30 day(s) ago

Rental Information

  • Min. Lease: No Minimum

Interior

  • Number of Rooms: 3
  • Interior Features: Thermostat
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator, Tankless Water Heater
  • Furnishings: Unfurnished
  • Flooring: Vinyl, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Electric Dryer Hookup, Laundry Room, Washer Hookup

Exterior

  • Exterior Features: Awning(s), Sidewalk

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Carports: Yes
  • Carport: 1
  • Carport Spaces: 1
  • Covered Spaces: 3

Location

  • Area: 33853 - Lake Wales South
  • County: Polk
  • Development Name: 33853 - Lake Wales South
  • Subdivision: PALM PARK TERRACE
  • Driving Directions: Use US-27 to enter Lake Wales, FL. Once in Lake Wales, turn onto Central Ave, then turn right onto S 7th St and continue to 520 S 7th St, Lake Wales, FL 33853.
  • Direction Faces: East

Community

  • Community Name: 33853 - Lake Wales South

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: None
  • Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected

Structural Information

  • Exterior Const.: Stucco
  • Roof: Membrane, Shingle
  • Common Walls: Corner Unit
  • Stories/Levels: One
  • Square Feet: 1,866
  • Sq. Ft. Source: Public Records
  • Year Built: 1925

Additional Structures

  • Other Structures: Guest House

Lot Features

  • Property View: City
  • Lot Size (Acres): 0.38
  • Lot Size (Sq. Ft.): 16,370
  • Lot Size: 16370
  • Frontage: Street Paved
  • Street/Road Desc.: Paved, Asphalt
  • Fencing (Description): Fenced

Financial Considerations

  • Tax Amount: $3,502.83
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: PALM PARK TERRACE PB 10 PG 45 BLK A LOTS 13 E1/2 & ALL 14
  • Flood Zone Info: X
  • APN: 273012920500001131
  • Property ID: 273012920500001131
  • Block/Lot/Section: A

Listed by Keller Williams Advantage Iii

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— 520 S 7th St —

  • Keller Williams Advantage Iii

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 520 S 7th St

School District:Polk County School District
NameGradesDistance
Spook Hill Elementary School
321 Doctor JA Wiltshire Avenue, Lake Wales, FL 33853
PK-51.3 mi
Mclaughlin Middle School And Fine Arts Academy
800 South 4th Street, Lake Wales, FL 33853
6-80.5 mi
Bartow Senior High School
1270 South Broadway Avenue, Bartow, FL 33830
9-1216.2 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 520 S 7th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/18/2025
Listed
$399,000
51.71%
MLS
5/06/2022
Sold
$263,000
—
Public Record
Get Price Alerts and Save Property
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 for 520 S 7th St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,503
-18%
$210,603
2%
2023
$4,285
116%
$205,644
74%
2021
$1,987
-15%
$118,007
-33%
2022
$2,324
17%
$176,635
75%
2021
$1,987
33%
$101,188
72%
2019
$1,498
99%
$58,960
21%
2017
$753
—
$48,769
2%
2017
$753
3%
$47,594
4%
2016
$730
71%
$45,835
3%
2015
$428
2%
$44,448
2%
2014
$420
-35%
$43,417
-17%
2013
$646
—
$52,038
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Keller Williams Advantage Iii

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520 S 7th Street, Lake Wales, FL 33853 (MLS# O6367558) is a Single Family property with 3 bedrooms and 2 full bathrooms. 520 S 7th Street is currently listed for $399,000 and was received on December 18, 2025. Want to learn more about 520 S 7th Street? Do you have questions about finding other Single Family 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.

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