Back 515 North 7th Street
Off Market

515 North 7th Street

Lake Wales FL 33853

2
3
1
1810 sq. ft.
10559 sq. ft.
Single-Family
Last sold for $198,000
Patricia de GraaffPatricia de Graaff, last sold this property on 18 September 2026 after 20 days on market.

Overview

Welcome to this charming and well-maintained home nestled in an established Lake Wales neighborhood, offering a fantastic combination of space, flexibility and location! NO HOA, located in a USDA-eligible area and situated on an oversized lot of nearly a quarter acre! Adding even more value and peace of mind, the roof was replaced in 2023. Step inside to a spacious living room featuring a wood-burning fireplace that adds warmth and character to the home. The flexible floor plan offers 2 oversized bedrooms, 2.5 bathrooms and a bonus room. With its generous size and layout, one of the bedrooms could easily be reconfigured to create a third bedroom, providing options for changing needs. The kitchen features plenty of cabinet and counter space and there is plenty of room for a dining table in this room. The 15' x 12' bonus room, overlooks the backyard and provides a versatile space that could be used as a home office, hobby room, sitting area or additional living space. From here, you'll have convenient access to the attached 1-car garage, where you'll also find a separate laundry room and an additional half bathroom. Outside, mature oak trees provide beautiful shade and character, while the spacious backyard includes an additional storage shed and plenty of room to enjoy the outdoors. Location is one of the highlights of this property! The Lake Wales Ballpark is within walking distance, while the Lake Wales Boat Ramp and Park are just down the road, making it easy to enjoy boating, fishing and time by the water. The entrance to world-renowned Bok Tower Gardens is located near the front of the neighborhood, and historic downtown Lake Wales is less than a mile away with local shops, restaurants and community events. Convenient access to Highway 27 and SR 60 also makes getting around Central Florida easy. With NO HOA, a 2023 ROOF, a nearly quarter-acre lot, flexible living space and a location close to some of Lake Wales' favorite outdoor and community destinations, this home is ready for its next chapter!

Features

2 bedrooms
3 bathrooms
1 carspace
1 garage space
1810 sq. ft. floor area
10559 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Lake Wales over the last 12 months, the estimated median property value of 515 North 7th Street is $198k.

Median value
$198k
Estimated value range
$75k - $299k
Median days on market
51
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lake Wales. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 515 North 7th Street

2026
Sold
$198,000
18 Sep 2026 by Patricia de Graaff, of REMAX Heritage Professionals | Winter Haven

Happy sellers in Lake Wales

92%
92% of sellers in Lake Wales reported that their sale price either exceeded or met their price expectations.

Lake Wales stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Lake Wales over the last 12 months.

Local market activity for 2 bedroom single-family properties in Lake Wales

In the last 12 months, 18 two-bedroom single-family properties similar to 515 North 7th Street, have been sold.

This represents a 38% increase in two-bedroom single-family properties sales when compared to the previous 12 months.

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