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Ursula Stemm
(941) 545-6426
$400,000

315 Dorsett Avenue Lake Wales, FL 33853 • Residential - Single Family • Active

  • 315 Dorsett Avenue, Lake Wales, FL 33853 Main Photo

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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: Residential - Single Family
Cooling: Central Air
Heating: Central
Lot Size: 0.15 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $267
Year Built: 2026

General Information

Bedrooms: 3
Bathrooms: 2 Full
Sqft: 1,205
County: Polk
Subdivision: THULBERRYS
Listed By:
Jenn Manzella FLORIDA REALTY MARKETPLACE 863-877-1915

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

Room Information

Kitchen: 13.4x9.7
Living Room: 9.9x11.9
Dining Room: 13.4x5.3
Primary Bedroom: 14.4x11.9
Bedroom 2: 9.11x11.1
Bedroom 3: 9.11x10.6
Bathroom 2: 7.3x5.1
Balcony/Porch/Lanai: 24.5x4.3

Property Features

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, FHA, Special Funding, USDA Loan, VA Loan
Lot: Sidewalk
Lot Dimensions: 0.15
Other Equipment: Private Entrance
Other Structures: Additional Single Family Home, Guest House
Ownership: Fee Simple
Parking: Driveway, On Street, Oversized, Parking Pad
Parking Notes: Driveway, On Street, Oversized, Parking Pad
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: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Combination Lock Box, See Remarks, ShowingTime
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Fiber Optics, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: IND
$400,000
3beds
2.0baths
1,205sqft
New to the Market Active
BEDS3 BATHS2 full SQUARE FEET1,205 MLS#P4940335
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONTHULBERRYS

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315 Dorsett Avenue, 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 Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 11/03/2026. The listing information on this page last changed on 11/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 11/03/2026 12:00:31 AM EST) or Stellar MLS (last updated Mon 11/02/2026 11:55:37 PM EST). Real estate listings held by brokerage firms other than Wagner Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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