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$265,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,352 Sq. Ft.
  • Updated 13 days ago
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One or more photo(s) has been virtually staged. Charming 1928 home with detached ADU in the heart of Lake Wales! Located in the established Hibiscus Park neighborhood, this unique property offers a 3-bedroom, 2-bath single-family residence with approximately 1,352 heated square feet, plus a detached secondary dwelling (1 bedroom, 1 bathroom) - ideal for extended family, guests, or potential rental income (buyer to verify rental regulations with the City of Lake Wales). The main home features original character with wood flooring, public utilities, central heat, and central A/C, along with an electric range, refrigerator, dishwasher, and electric water heater included. The detached unit adds flexibility and value, making this a versatile property for homeowners or investors alike. Situated on an oversized lot (approx. 0.34 acres), the property provides ample yard space for outdoor enjoyment, future improvements, or added privacy. Zoned R-3 with no HOA and located in Flood Zone X, this home offers both convenience and opportunity. Just minutes from downtown Lake Wales, shopping, dining, and local amenities. Property sold AS-IS. Buyer to verify zoning, land use, measurements, and ADU details.

Full Property Details for 742 Hibiscus Ave

General

  • Price: $265,000
  • Taxes: $2,583 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: L4958191
  • Updated: 2/19/2026
  • Added to Site: 61 day(s) ago

Rental Information

  • Min. Lease: No Minimum

Interior

  • Number of Rooms: 3
  • Interior Features: Ninguno
  • Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Electric Dryer Hookup

Exterior

  • Exterior Features: None

Location

  • Area: 33853 - Lake Wales South
  • County: Polk
  • Development Name: 33853 - Lake Wales South
  • Subdivision: HIBISCUS PARK
  • Driving Directions: From US Hwy 27 in Lake Wales, turn east on Central Ave. Continue to Hibiscus Ave and turn left (north). Property will be ahead on the right at 742 Hibiscus Ave.
  • Direction Faces: North

Community

  • Community Name: 33853 - Lake Wales South

Heating & Cooling

  • Cooling Type: Central Air, Wall/Window Unit(s)
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Available, Electricity Connected, Public, Sewer Connected

Structural Information

  • Exterior Const.: Wood Frame
  • Roof: Shingle
  • Stories/Levels: One
  • Square Feet: 1,352
  • Sq. Ft. Source: Public Records
  • Year Built: 1928

Lot Features

  • Lot Size (Acres): 0.34
  • Lot Size (Sq. Ft.): 14,867
  • Lot Size: 14867
  • Lot Dimensions: 125 x 120
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $2,583.68
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: HIBISCUS PARK PB 21 PG 16 BLK B LOTS 1 & 2
  • Flood Zone Info: X
  • APN: 273012918000002010
  • Property ID: 273012918000002010
  • Block/Lot/Section: B

Listed by La Rosa Realty Prestige

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Listing agent

— 742 Hibiscus Ave —

  • La Rosa Realty Prestige

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 742 Hibiscus Ave

School District:Polk County School District
NameGradesDistance
Spook Hill Elementary School
321 Doctor JA Wiltshire Avenue, Lake Wales, FL 33853
PK-51.4 mi
Mclaughlin Middle School And Fine Arts Academy
800 South 4th Street, Lake Wales, FL 33853
6-80.6 mi
Bartow Senior High School
1270 South Broadway Avenue, Bartow, FL 33830
9-1216.4 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 742 Hibiscus Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/19/2026
Price Reduced
$265,000
-33.58%
MLS
1/31/2026
Price Reduced
$399,000
-6.12%
MLS
1/02/2026
Listed
$425,000
—
MLS
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 742 Hibiscus Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,519
-3%
$161,128
-3%
2024
$2,584
5%
$165,764
2%
2023
$2,470
26%
$162,629
58%
2021
$1,958
-11%
$102,991
-28%
2022
$2,197
12%
$142,490
61%
2021
$1,958
33%
$88,665
54%
2017
$1,472
—
$57,530
-15%
2017
$1,472
-10%
$67,572
7%
2019
$1,634
18%
$63,283
5%
2016
$1,390
33%
$60,472
40%
2015
$1,048
4%
$43,223
10%
2014
$1,010
21%
$39,294
13%
2013
$833
—
$34,780
—
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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Listed by La Rosa Realty Prestige

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742 Hibiscus Avenue, Lake Wales, FL 33853 (MLS# L4958191) is a Single Family property with 3 bedrooms and 2 full bathrooms. 742 Hibiscus Avenue is currently listed for $265,000 and was received on January 02, 2026. Want to learn more about 742 Hibiscus Avenue? 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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