307 E STREET, LAKE WALES, FL, 33853
Active17 days on marketListed Sep 25, 2026MLS #A4707443
About this home
307 E STREET
SELLER FINANCING AVAILABLE! Great opportunity to build your dream home in the heart of Lake Wales! This cleared vacant residential lot offers approximately 6,099 square feet (0.14 acres) on a paved road in an established neighborhood, just a few minutes' walk from Roosevelt Academy. Convenient access to shopping, dining, medical facilities, and local recreation. An environmental survey has already been completed and is ready for review, saving buyers time and cost during due diligence. Site-built homes are allowed. Whether you are looking for a homesite for your future residence or a new construction investment opportunity, this property offers great potential. Buyer is responsible for independently verifying zoning, permitted uses, building requirements, setbacks, utility availability, connection requirements, and school assignment with the City of Lake Wales, Polk County, and/or Polk County Public Schools.
Facts & features
The home at a glance
0.14 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$339 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$339/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Lake Wales
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lake Wales. See the full Lake Wales guide →
LAKE WALES 33853 — neighborhood snapshot
Population
12,385
Median age
37.3
Median income
$40,938
Median home value
$198,100
Avg household
2.57
Households w/ children
1,565
For the school run
Polk County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lake Wales market
$275K → $249K
Lake Wales median sold, yr/yr
96.3%
Sale-to-list ratio (12 mo)
Median sold price, Lake Wales, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 89% below the LAKE WALES 33853 median. See the full Lake Wales market guide →
Paper trail
This home's history
Reality check
What actually sold near 307 E STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’26$80,000
520 W JACKSON AVENUE
2 bd · 1 ba · 684 sqft · $117/sqft · 71 DOM
Sold · Jul ’26$74,995
513 LINCOLN AVENUE
2 bd · 1 ba · 710 sqft · $106/sqft · 12 DOM
Sold · Jul ’26$79,900
711 SPRINGER DRIVE UNIT 14
1 bd · 1 ba · 724 sqft · $110/sqft · 157 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Bridget McLennon
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 307 E STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 307 E STREET — before you fall in love.
See it in person
Schedule a tour
Live availability from Bridget's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
307 E STREET FAQs
What would the monthly payment be for 307 E STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $339/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 307 E STREET?+
The most recent tax bill on record (2025) was $251. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Lake Wales?+
At $24,900, this home is listed about 90% below the Lake Wales median of $245,000. The market section on this page shows how the area is trending.
Which schools are assigned to 307 E STREET?+
Frostproof Ben Hill Griffin Junior Elementary School (elementary), Bartow Senior High School (high) — Polk County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of SAVVY AVENUE, LLC · Moe Mossa. MLS #A4707443.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New Lake Wales homes, in your inbox
Like 307 E STREET but not quite? A daily digest of every new listing in Lake Wales — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Bridget to ping you on any price or status change →