Ursula Stemm
(941) 545-6426
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Description
Virtually Staged. NO HOA! 2 HOMES-1 LOT! BRAND NEW CONSTRUCTION! A unique opportunity featuring a $40K grant from Lake Wales for down payment and closing cost assistance for a qualified owner-occupant! Listed below the FHA appraised value and priced at $400K this brand-new construction property features two separate single-family residences on one lot, a 3-bedroom/2-bathroom home and a 2-bedroom/1-bathroom home, each complete with its own private entrance and seperate water/electric meters, full kitchen, and washer/dryer hookups. This makes it an ideal home ownership hack for first-time buyers to live in one unit and let rental income from the other cover a major portion of the mortgage, or an incredible cash-flowing option for investors. Because an FHA appraisal is already on file, FHA buyers can use it smoothly to process their loan with no worries about appraising, and lenders can factor projected rental income into your qualification so you may qualify for more than you think. Seller concessions are also available depending on the offer. You're not just buying a home, you're buying a future! Set in the growing city-invested community of Lake Wales, the home offers fantastic convenience just minutes State Road 60 and US-27, Walmart Supercenter, healthcare at AdventHealth Lake Wales, everyday shopping at Lake Wales Plaza, and local dining spots like Lake Wales Family Restaurant.
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.15 Acres
Roof Type: Shingle
Taxes: $267
Year Built: 2026
General Information
Bedrooms: 5
Sqft: 1,755
County: Polk
Subdivision: THULBERRYS
Listed By:
Jenn Manzella
FLORIDA REALTY MARKETPLACE
863-877-1915
MLS ID: P4940337
Amenities
Ceiling Fans(s)
Open Floorplan
Primary Bedroom Main Floor
Solid Surface Counters
Solid Wood Cabinets
Split Bedroom
Stone Counters
Tray Ceiling(s)
Walk-In Closet(s)
Private Entrance
Rain Gutters
Sidewalk
Property Features
Annual Net Income: 47400.00
Appliances: Dishwasher, Microwave, Range, Refrigerator
Builder: SRD Construction & Development Corp
Community Features: Sidewalks
Directions: Head north on North Scenic Highway (US-17) from State Road 60, take a left onto Florida Avenue, make another left onto Dorsett Avenue, and 315 Dorsett Avenue will be on your right.
Exterior: Stucco
Flood Zone Code: X
Flooring: Luxury Vinyl
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, Special Funding, USDA Loan, VA Loan
Lot: Sidewalk
Lot Dimensions: 0.15
Other Equipment: Private Entrance
Ownership: Fee Simple
Parking: Driveway, Off Street, On Street, Oversized, Parking Pad
Parking Notes: Driveway, Off Street, On Street, Oversized, Parking Pa
Patio/Porch: Covered, Front Porch, Patio
Pets Allowed: Cats OK, Dogs OK, Yes
Pets Restrictions: No HOA. Please check with the City of Lake Wales and/or Polk County to confirm any restrictions.
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Combination Lock Box, ShowingTime
Special Sale Provisions: None
Units: 2
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Emergency Power, Fiber Optics, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: IND
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315 Dorsett Avenue , Unit A & B, Lake Wales, FL 33853.
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Estimated Payment
$ 1,488.05 per month $1,349.13 Principal & Interest $22.25 Property Tax $116.67 Homeowner's InsuranceChange Payment Information
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