LEMON DRIVE, LAKE WALES, FL, 33898
Active492 days on marketListed Mar 31, 2025MLS #P4934256
About this home
LEMON DRIVE
This is a 1/2 acre building lot East of Lake Wales, on a paved road. The POA is optional but Lake access is available if you join the optional POA, $55.00 annually for a vacant lot or $200.00 annually for residential. Membership provides access to the clubhouse, playground, pier, boat landing, basketball court and shuffleboard court.
Facts & features
The home at a glance
0.5 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 and the real association fee — not generic estimates.
$396 /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
$396/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 Walk In The Water Lake Estates
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lake Wales. See the full Lake Wales guide →
Walk In The Water Lake Estates — neighborhood snapshot
Population
716
Median age
54
Median income
$58,608
Median home value
$207,000
Avg household
3
Households w/ children
41%
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 → $255K
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 76% below the LAKE WALES 33898 median. See the full Lake Wales market guide →
Paper trail
This home's history
Reality check
What actually sold near LEMON DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$203,800
2211 LEMON DRIVE · same community
3 bd · 1 ba · 925 sqft · $220/sqft · 28 DOM
Sold · Apr ’26$200,000
2024 LEMON DRIVE · same community
2 bd · 2 ba · 1,566 sqft · $128/sqft · 84 DOM
Sold · Aug ’25$204,900
2672 MAGNOLIA CIRCLE
3 bd · 2 ba · 1,056 sqft · $194/sqft · 4 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
Tommy Trainer
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about LEMON DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for LEMON DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Tommy's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
LEMON DRIVE FAQs
What would the monthly payment be for LEMON DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $396/mo — principal and interest, the actual property-tax bill, the $5/mo association fee 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.
How much are the HOA fees at LEMON DRIVE?+
The association fee works out to $5 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on LEMON DRIVE?+
The most recent tax bill on record (2024) was $197. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at LEMON DRIVE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lake Wales?+
At $33,900, this home is listed about 86% below the Lake Wales median of $249,995. The market section on this page shows how the area is trending.
Which schools are assigned to LEMON DRIVE?+
Spook Hill Elementary School (elementary) — 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 33898 market on paper
$33,900 is 76% below the LAKE WALES 33898 median of $141,900.
02Time on market is leverage
492 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 $52,000, now $33,900 — a $18K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of CENTURY 21 MYERS REALTY LAKE WALES · Ken Welch. MLS #P4934256.
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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