7040 TAMARIND DRIVE, LAKE WALES, FL, 33898
Active214 days on marketListed Jan 9, 2026MLS #P4937482
About this home
7040 TAMARIND DRIVE
MAJOR PRICE DECREASE!! EVERYTHING ABOUT THIS HOME SAYS WELCOME!! Beautifully updated and very spacious 2 bedroom 2-bathroom single family home in a 55+ great community with very low HOA fee that includes a heated pool, a clubhouse with planned activities, a dog park, fishing tournaments on Lake Pierce, a fitness center, and more. If you like to fish and go boating, Lake Pierce is only a couple of blocks away. There is so much potential here the opportunities are endless! It has a Florida Room on the front, and a Florida room in the back, plus a huge, covered patio in back. The garage and the workshop are enormous with a combined square footage of over 1,100. You could make an in-law suite, a game room, or add bedrooms and bathrooms, or just love it the way it is! If you enjoy gardening, the backyard is a dream come true. The landscaping is unique and low maintenance. The AC was new in 2024. This home includes double paned windows that is very helpful with electric bills. The inside of the home is beautiful and immaculate. The workshop is air conditioned. There is a breakfast bar, granite countertops, stainless steel appliances. It's a split bedroom plan and the primary bedroom has 3 closets. This home offers so much storage space; you won't have a problem having a place for everything with room to spare. A peaceful setting but close to conveniences like, shopping, restaurants, medical, and the Orlando theme parks and beaches on both sides of the state are all within an hour and a half drive or less. There is so much to boast about that it's impossible to put it all into words. You really must see this home to experience the comfort, relaxation, and possibilities that comes with it. Make your appointment to see this amazing property!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,216
Sqft
0.17 ac
Lot size
2
Garage
1999
Year built
One
Levels
$188
Per sqft
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.
$1,846 /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
$1,846/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.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+4.7%
$/sqft vs Lake Wales actives
$188 vs $173
Days on market
214 vs 54 typical
Where $188/sqft sits among the 364 Lake Wales actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
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 33898 — neighborhood snapshot
Population
18,426
Median age
46.9
Median income
$54,778
Median home value
$161,500
Avg household
2.51
Households w/ children
1,790
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)
167 of 364
Lake Wales actives have cut their price
Median sold price, Lake Wales, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 57% above the LAKE WALES 33898 median. See the full Lake Wales market guide →
Paper trail
This home's history
Reality check
What actually sold near 7040 TAMARIND DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$275,000
3907 ADELL ROAD
3 bd · 2 ba · 1,200 sqft · $229/sqft · 43 DOM
Sold · Jun ’26$136,000
7139 ALAMANDA BOULEVARD W
2 bd · 2 ba · 1,192 sqft · $114/sqft · 84 DOM
Sold · Jul ’26$160,000
2830 MOON RISE DRIVE
3 bd · 1 ba · 1,276 sqft · $125/sqft · 0 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 7040 TAMARIND DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 7040 TAMARIND 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
7040 TAMARIND DRIVE FAQs
What would the monthly payment be for 7040 TAMARIND DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,846/mo — principal and interest, the actual property-tax bill, the $60/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 7040 TAMARIND DRIVE?+
The association fee works out to $60 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 7040 TAMARIND DRIVE?+
The most recent tax bill on record (2025) was $2,196. 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 7040 TAMARIND DRIVE?+
The listing reports pets: Breed Restrictions. 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 $228,000, this home is listed about 10% 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 7040 TAMARIND DRIVE?+
Frostproof Ben Hill Griffin Junior Elementary School (elementary) — Polk County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$228,000 runs 57% above the LAKE WALES 33898 median.
02Move-in furnished
The furniture conveys — a genuine head start for a second home or rental, and one less five-figure line item after closing.
03Time on market is leverage
214 days on market against a Lake Wales median of 54 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $259,900, now $228,000 — a $32K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of COLDWELL BANKER REALTY · Kimberly Gay. MLS #P4937482.
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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