142 MARTHA DRIVE, LAKE WALES, FL, 33898
Active63 days on marketListed Jun 6, 2026MLS #P4938962
About this home
142 MARTHA DRIVE
One or more photo(s) has been virtually staged. Welcome home to this adorable Lake Wales gem where comfort, charm, and flexibility come together! This inviting 2-bedroom plus den home offers the perfect opportunity for a growing family, home office, hobby space, or could easily be converted into a 3rd bedroom. Step inside and be greeted by serene paint colors and a warm, relaxing atmosphere that instantly makes you feel at home. NEW APPLIANCES in 2023, NEW AC and HOT WATER HEATER in 2025. After a long day, unwind on the screened lanai, the perfect spot to enjoy your morning coffee or peaceful Florida evenings. Outside, you'll fall in love with the darling curb appeal, tropical landscaping, and a fully fenced, dog-approved yard where your four-legged family members can run and play freely. Need extra space? The detached garage/workshop offers endless possibilities for storage, projects, hobbies, or your dream workshop. NO HOA!!!!! Nestled in a quiet area of town, this property offers the best of both worlds—peaceful living while remaining just minutes from shopping, dining, schools, and everyday conveniences. Plus, enjoy an easy commute to both Tampa and Orlando, making work and weekend adventures a breeze.
Facts & features
The home at a glance
2
Bedrooms
1
Bathrooms
1,080
Sqft
0.21 ac
Lot size
1
Garage
1977
Year built
One
Levels
$208
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 — not generic estimates.
$1,751 /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
$1,751/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
+10.3%
$/sqft vs Lake Wales actives
$208 vs $171
Days on market
63 vs 56 typical
Where $208/sqft sits among the 371 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)
171 of 371
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 58% 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 142 MARTHA DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$88,000
5102 VILLAGE COURT UNIT E-2
2 bd · 2 ba · 1,088 sqft · $81/sqft · 274 DOM
Sold · Oct ’25$228,000
342 HIBISCUS DRIVE
3 bd · 2 ba · 1,130 sqft · $202/sqft · 19 DOM
Sold · Mar ’26$209,000
2454 MARTHA DRIVE
3 bd · 1.5 ba · 1,000 sqft · $209/sqft · 110 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
Julian Rivera
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 142 MARTHA DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 142 MARTHA DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Julian's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
142 MARTHA DRIVE FAQs
What would the monthly payment be for 142 MARTHA DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,751/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 142 MARTHA DRIVE?+
The most recent tax bill on record (2025) was $2,003. 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 142 MARTHA 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 $225,000, this home is listed about 10% below the Lake Wales median of $250,000. The market section on this page shows how the area is trending.
Which schools are assigned to 142 MARTHA DRIVE?+
Frostproof Ben Hill Griffin Junior Elementary School (elementary) — Polk County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of DALTON WADE INC · Michele Elchin. MLS #P4938962.
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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