Back 530 S 7th St
Off Market

530 S 7th St

Lake Wales FL 33853

2
2
1636 sq. ft.
18090 sq. ft.
Single-Family
Last sold for $247,000
Luis Henriqu Cossenzo CandiotoLuis Henriqu Cossenzo Candioto, last sold this property on 17 June 2026 after 75 days on market.

Overview

Virtually Staged. Welcome to 530 S 7th Street, a charming opportunity nestled in the established Palm Park Terrace community of Lake Wales. This residence offers a blend of character, comfort, and key system updates, making it an appealing choice for both homeowners and investors looking for long-term value. Major improvements have already been taken care of, including a roof installed in 2017, a newer A/C system from 2023, and a water heater updated in 2016—providing peace of mind and reducing near-term maintenance concerns. The kitchen comes equipped with a dishwasher, microwave, and GAS stove, all of which convey with the sale, adding immediate convenience for move-in or rental readiness. Adding even more versatility, the property features a 30-amp RV hookup along with a portable generator hookup, offering added functionality, convenience, and preparedness—ideal for travel enthusiasts or backup power needs. Positioned just minutes from the heart of Lake Wales, this location offers easy access to local dining, shopping, and everyday essentials. Residents will appreciate proximity to the vibrant downtown corridor, known for its historic charm and community events, as well as nearby parks and recreational spaces perfect for enjoying Florida’s year-round sunshine. Looking ahead, the area continues to see thoughtful growth and revitalization, enhancing both lifestyle appeal and property value potential. With ongoing interest in Central Florida’s expansion, Lake Wales is gaining attention for its balance of small-town character and accessibility to larger metro areas. Whether you're searching for a primary residence or a smart addition to your portfolio, this property delivers a compelling combination of location, updates, added utility features, and future upside. Don’t miss the chance to secure your place in one of Lake Wales’ steadily evolving neighborhoods.

Features

2 bedrooms
2 bathrooms
1636 sq. ft. floor area
18090 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 530 S 7th St is $211.45k.

Median value
$211.45k
Estimated value range
$102k - $299k
Median days on market
41
Estimated value trend
13%
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 530 S 7th St

2026
Sold
$247,000
17 Jun 2026 by Luis Henriqu Cossenzo Candioto, of KELLER WILLIAMS ADVANTAGE III REALTY
2020
Sold
$168,500
08 Jul 2020 by Michael Norris, of NEXTHOME NORRIS & COMPANY REALTY
2015
Sold
$98,000
10 Nov 2015 by Michael Norris, of Norris & Company Realty, LLC

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 530 S 7th St, have been sold.

This represents a 20% increase in two-bedroom single-family properties sales when compared to the previous 12 months.

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