203 EMERALD AVENUE, LAKE WALES, FL, 33853
Active438 days on marketListed May 29, 2025MLS #O6312263
About this home
203 EMERALD AVENUE
Prime Commercial Corner Lot – Across from Publix 0.22-acre vacant commercial lot in the heart of Lake Wales, located within the Community Redevelopment Area (CRA) — offering potential eligibility for development incentives. Corner lot with excellent visibility, positioned directly across from Publix and next to a daycare, with frontage on both Emerald Ave and 2nd St. Also Paved Bonus Area – Perfect for parking, display, or future use. Shaded by mature trees and ready to support a variety of commercial needs. Zoned commercial and ideal for retail, office, medical, or QSR (Quick Service Restaurant – fast food or counter-service). Utilities available at the site. Surrounded by established businesses and residential neighborhoods in a high-traffic area.
Facts & features
The home at a glance
0.22 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.
$1,180 /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
$1,180/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 → $271K
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 35% 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 203 EMERALD AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’25$181,000
301 WEAVER AVENUE
2 bd · 1 ba · 930 sqft · $195/sqft · 41 DOM
Sold · Aug ’25$185,000
406 E GROVE AVENUE
2 bd · 1 ba · 950 sqft · $195/sqft · 80 DOM
Sold · Mar ’26$85,000
340 WEAVER AVENUE
3 bd · 1 ba · 1,044 sqft · $81/sqft · 1 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
Iain Robinson
Broker Associate · CENTURY 21 Edge
Tours, negotiation, and every question about 203 EMERALD AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 203 EMERALD AVENUE — before you fall in love.
See it in person
Schedule a tour
Live availability from Iain's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
203 EMERALD AVENUE FAQs
What would the monthly payment be for 203 EMERALD AVENUE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,180/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 203 EMERALD AVENUE?+
The most recent tax bill on record (2024) was $922. 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 $149,000, this home is listed about 41% below the Lake Wales median of $253,990. The market section on this page shows how the area is trending.
Which schools are assigned to 203 EMERALD AVENUE?+
Bartow Senior High School (high) — Polk County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the LAKE WALES 33853 market on paper
$149,000 is 35% below the LAKE WALES 33853 median of $228,000.
02Time on market is leverage
438 days on market against a Lake Wales median of 54 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $159,000, now $149,000 — a $10K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of EXP REALTY LLC · Nora Harbous. MLS #O6312263.
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.
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