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$247,000

  • Sold
  • Closed
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1,636 Sq. Ft.
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Virtually Staged. Welcome to 530 S 7th Street, a charming opportunity nestled in the established Palm Park Terrace community of Lake Wales. This residence offers a blend of character, comfort, and key system updates, making it an appealing choice for both homeowners and investors looking for long-term value. Major improvements have already been taken care of, including a roof installed in 2017, a newer A/C system from 2023, and a water heater updated in 2016-providing peace of mind and reducing near-term maintenance concerns. The kitchen comes equipped with a dishwasher, microwave, and GAS stove, all of which convey with the sale, adding immediate convenience for move-in or rental readiness. Adding even more versatility, the property features a 30-amp RV hookup along with a portable generator hookup, offering added functionality, convenience, and preparedness-ideal for travel enthusiasts or backup power needs. Positioned just minutes from the heart of Lake Wales, this location offers easy access to local dining, shopping, and everyday essentials. Residents will appreciate proximity to the vibrant downtown corridor, known for its historic charm and community events, as well as nearby parks and recreational spaces perfect for enjoying Florida's year-round sunshine. Looking ahead, the area continues to see thoughtful growth and revitalization, enhancing both lifestyle appeal and property value potential. With ongoing interest in Central Florida's expansion, Lake Wales is gaining attention for its balance of small-town character and accessibility to larger metro areas. Whether you're searching for a primary residence or a smart addition to your portfolio, this property delivers a compelling combination of location, updates, added utility features, and future upside. Don't miss the chance to secure your place in one of Lake Wales' steadily evolving neighborhoods.

Full Property Details for 530 S 7th St

General

  • Sold For: $247,000
  • Taxes: $2,061 (2025)
  • Status: Closed
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: O6395623
  • Added to Site: 118 day(s) ago

Rental Information

  • Min. Lease: No Minimum

Interior

  • Number of Rooms: 4
  • Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Thermostat
  • Fireplace: Yes
  • Fireplace(s): Electric, Wood Burning
  • Appliances: Dishwasher, Microwave, Range
  • Furnishings: Unfurnished
  • Flooring: Tile, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Inside

Additional Information

  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: Lighting, Sidewalk
  • Deck/Patio: Patio
  • Porch/Patio/Deck: Patio

Location

  • Area: 33853 - Lake Wales South
  • County: Polk
  • Development Name: 33853 - Lake Wales South
  • Subdivision: PALM PARK TERRACE
  • Driving Directions: From US Hwy 27 in Lake Wales, head east on Central Avenue toward the downtown district. Continue straight, then turn right onto S 7th Street. Follow S 7th Street south, and the property at 530 S 7th Street will be located on your right within the Palm Park Terrace subdivision.
  • Direction Faces: East

Community

  • Community Name: 33853 - Lake Wales South
  • Pet Restrictions: Restrictions to be Independently Verified by Buyer/s.

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central, Electric

Utilities

  • Sewer: Septic Tank
  • Water: Public
  • Utility Description: Cable TV Available, Electricity Available, Phone Available, Water Available

Structural Information

  • Exterior Const.: Stucco
  • Roof: Other
  • Stories/Levels: One
  • Square Feet: 1,636
  • Sq. Ft. Source: Public Records
  • Living Area: 1,636 Sq. Ft.
  • Year Built: 1925

Lot Features

  • Property View: Trees/Woods
  • Lot Size (Acres): 0.42
  • Lot Size (Sq. Ft.): 18,090
  • Lot Size: 18090
  • Lot Dimensions: 120 x 150
  • Street/Road Desc.: Asphalt, Paved
  • Fencing (Description): Fenced

Green Features

  • Indoor Air Quality: Ventilation

Financial Considerations

  • Tax Amount: $2,061.15
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: PALM PARK TERRACE PB 10 PG 45 BLK B LOTS 3 & 4
  • Flood Zone Info: X
  • APN: 273012920500002030
  • Property ID: 273012920500002030
  • Block/Lot/Section: B

Listed by Keller Williams Advantage Iii
Sold by Keller Williams Realty Smart 1

Listing agents

— 530 S 7th St —

  • Keller Williams Advantage Iii

  • Keller Williams Advantage Iii

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 530 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 530 S 7th St

Date
Details
Price
Change
Source
6/17/2026
Sold
$247,000
2.92%
MLS
4/01/2026
Listed
$240,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Keller Williams Advantage Iii
Sold by Keller Williams Realty Smart 1

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530 S 7th Street, Lake Wales, FL 33853 (MLS# O6395623) is a Single Family property that was sold at $247,000 on June 17, 2026. Want to learn more about 530 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.