For sale· 311 days on market

651 LORRAINE

Lake Wales, FL, 33853·MLS# L4955658

$290,000

Estimated $1,899/mo estimated

5
Bedrooms
2
Bathrooms
1,864
Sq ft
0.31 ac
Lot size
1957
Year built
$156
Per sq ft
  • Residential
  • Built 1957

About this home

Welcome to 651 Lorraine Circle! Great investment opportunity! This property is currently tenant-occupied, making it an excellent option for investors seeking immediate rental income. This beautifully maintained home is located in the heart of Lake Wales, an up-and-coming area known for its family-friendly atmosphere and great schools. Convenience is key—you’re just minutes from shopping, dining, medical centers, and local attractions, all while enjoying a quiet residential setting. Major updates already done for you! The roof, water heater, and AC were all replaced about two years ago, offering peace of mind and lower maintenance costs. Whether you’re expanding your portfolio or planning for future use, this property offers incredible potential in a growing community with easy access to major highways.

Facts & features

Interior

Bedrooms
5
Bathrooms
2 full
Living area
1,864 sqft

Property

Type
Residential
Year built
1957
Lot size
0.31 acres

Financial

Annual taxes
$2,781.87
Price / sqft
$156

Estimate your monthly payment

$58,000

$1,899/ month estimated

  • Principal & interest$1,512
  • Property tax$266
  • Insurance$121

Illustrative estimate — not a lending offer.

Location

Lake Wales, FL

Similar homes nearby

Courtesy of DALTON WADE INC

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Listing data courtesy of DALTON WADE INC. My request routes to reThought Real Estate in DashBrew CRM.

$290,000

5 bd · 2 ba · 1,864 sqft