3348 OMEC STREET, LAKE WALES, FL, 33898
Active146 days on marketListed May 19, 2026MLS #TB8508114
About this home
3348 OMEC STREET
**NON-QM Financing accepted** Discover a rare Lake Wales opportunity offering TWO HOMES on a spacious half-acre lot, creating exceptional flexibility for MULTI-GENERATIONAL LIVING, rental income, a guest retreat, seasonal living, or an investment property. The MAIN RESIDENCE features 2 bedrooms, 2 bathrooms, 784 square feet, a desirable split-bedroom floor plan, and a cozy fireplace that adds warmth and character. The SECOND HOME offers 2 bedrooms, 1 bathroom, and 616 square feet, providing additional living space and outstanding versatility for extended family, guests, or income-producing potential. BOTH HOMES ARE FULLY FURNISHED, making this a convenient turnkey opportunity. The property is surrounded by lush, established landscaping and includes a large shed with laundry facilities for added storage and functionality. Enjoy the freedom of NO HOA and NO CDD, with plenty of possibilities to make the property your own. Located just minutes from beautiful Lake Rosalie, a 4,500-acre freshwater lake known for excellent bass fishing, boating, and outdoor recreation. Whether you're looking for an investment, a unique family compound, a seasonal retreat, or a property with income potential, this one checks the boxes. Opportunities to own TWO HOMES on a half-acre in such a desirable outdoor setting are hard to find—come see the possibilities for yourself!
Facts & features
The home at a glance
4
Bedrooms
3
Bathrooms
1,400
Sqft
0.45 ac
Lot size
1992
Year built
One
Levels
$142
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.
$1,648 /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
$1,648/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
−15.8%
$/sqft vs Lake Wales actives
$142 vs $167
Days on market
146 vs 84 typical
Where $142/sqft sits among the 382 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 → $249K
Lake Wales median sold, yr/yr
96.3%
Sale-to-list ratio (12 mo)
178 of 382
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 42% 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 3348 OMEC STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$220,000
55 ROSALIE OAKS BOULEVARD
3 bd · 2 ba · 1,800 sqft · $122/sqft · 222 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
Anthony Richardson
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 3348 OMEC STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 3348 OMEC STREET — before you fall in love.
See it in person
Schedule a tour
Live availability from Anthony's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
3348 OMEC STREET FAQs
What would the monthly payment be for 3348 OMEC STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,648/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 3348 OMEC STREET?+
The most recent tax bill on record (2025) was $2,744. 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 3348 OMEC STREET?+
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 $199,000, this home is listed about 19% 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 3348 OMEC STREET?+
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
01Positioned at the premium end
$199,000 runs 42% 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.
03The price has already moved
Listed at $209,900, now $199,000 — a $11K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of LPT REALTY, LLC · Sarah Burgess. MLS #TB8508114.
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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