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4924 WASHINGTON ST Lake Wales, FL 33859
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Key Details
Sold Price $132,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $55
Subdivision South Lake Wales Unit 1 Pb 41 Pg 39
MLS Listing ID TB8475925
Sold Date 04/17/26
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1958
Annual Tax Amount $3,693
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
Investor Special: 4 Bedroom / 3 Bathroom Diamond in the Rough with Attached ADU – Lake Wales Opportunity! Calling all investors, flippers, & buy-and-hold buyers! Discover this solid concrete block home at 4924 Washington Street, Lake Wales, FL 33859—a true diamond in the rough ready for your vision & TLC to restore its shine & deliver strong ROI. Set on a spacious corner lot with great spacing from neighbors, this unique property features 4 bedrooms & 3 full bathrooms overall: 3 bedrooms / 2 bathrooms in the main residence plus a fully attached accessory dwelling unit (ADU) with its own private 1 bedroom, 1 bathroom, kitchen, living area, tile floors, & separate walk-out entrance to the backyard—perfect for multi-generational living, an in-law suite, or separate rental income potential. The main home offers an inviting open floor plan: Enter into a bright living room with high ceilings, abundant windows for natural light, & a convenient bar area. The space flows into a large open kitchen with included appliances (stainless steel LG refrigerator, LG stainless steel oven/range, white Samsung microwave) & tile flooring. A flexible room off the kitchen provides excellent options as a pantry, office, or extra storage. The owner's bedroom enjoys plenty of natural light from its windows & connects to a private bathroom, with the included blue Samsung washer/dryer set nearby (easily adaptable into a dedicated laundry area). Two guest bedrooms share a full bathroom with tiled shower. Outside, enjoy the huge screened-in lanai, wraparound driveway, covered carport, & a fully fenced backyard (solid white vinyl fencing) complete with a storage shed. The oversized lot offers room to breathe in this quiet, rural setting—just blocks from beautiful Crooked Lake (one of Polk County's largest public lakes at over 4,000 acres), providing nearby recreation without any flood zone concerns. Conveniently located near Warner University for potential student rental demand, with easy access to town, Bok Tower Gardens, & more. This home has good bones & was clearly well-loved by its original owner. With thoughtful updates to bring it to today's standards, it could stand out as a top property in the neighborhood—whether you rehab & flip for profit, renovate & hold as a rental (main house + income-generating ADU for excellent cash flow), or explore other creative uses, the potential is unlimited. Sold strictly AS-IS with right to inspect—seller has limited knowledge of the property. Bring your tools & ideas—this rare find with character, space, & location awaits the savvy investor! Schedule your showing today.
Location
State FL
County Polk
Community South Lake Wales Unit 1 Pb 41 Pg 39
Area 33859 - Lake Wales
Interior
Interior Features Living Room/Dining Room Combo
Heating Central
Cooling Central Air
Flooring Carpet, Ceramic Tile
Furnishings Unfurnished
Fireplace false
Appliance Dryer, Range, Refrigerator, Washer
Laundry Inside
Exterior
Exterior Feature Lighting
Fence Vinyl
Utilities Available BB/HS Internet Available, Cable Available, Public
Roof Type Metal
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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Bought with Tommaso Bellifemine FLORIDA EXECUTIVE REALTY 2

