403 E Johnson Ave, Lake Wales, FL 33853 | For Sale

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For Sale $165,000 ($137.96 per Sq Ft)

$165,000 ($137.96 per Sq Ft)
  • (0)
  • 3 Bedrooms
  • 2 Bathrooms
  • 1,196 Sq Ft
  • 6,521 Sq Ft

Description

Investor Special in Lake Wales – ideal for a flip, rental, or your next DIY project! This super cute 3 bedroom, 2 bath concrete block bungalow is loaded with potential and brimming with character. Perfectly situated on a spacious corner lot in the heart of historic Lake Wales, this property offers a great opportunity to add value in a community that’s seeing renewed energy and growth. Step inside to find a bright and inviting Florida room filled with natural light, glass décor shelving, and peaceful views of the tree-shaded yard. The home’s living spaces retain the timeless character of the era with textured plaster walls, original glass French doors, and even an old-fashioned stove that adds a touch of nostalgia (and yes, there’s definitely central heat and air!). The cozy great room offers plenty of space for relaxing or entertaining, while the functional kitchen provides ample cabinetry, generous prep space, and lots of windows to keep the space cheerful and bright. Two comfortably sized bedrooms are located on one side of the home, with the third bedroom toward the back featuring a private en-suite bath with shower and convenient hanging space in the adjoining laundry area. The screened back porch is perfect for relaxing or entertaining, offering a peaceful spot to enjoy morning coffee or evening breezes. The fenced backyard provides space for gardening or play, while the shed adds storage and the carport offers protected parking. Notable updates include a 2024 Rheem water heater, 2022 Carrier A/C system, 2013 double-pane windows, 2005 roof, and Square D breaker panel. This home also benefits from city water and sewer connections, making it a great foundation for a renovation. Beyond the property itself, this home’s location is what truly shines. Downtown Lake Wales has recently been revitalized and is now bustling with boutique shops, locally owned restaurants, coffee houses, and vibrant gathering spots that capture the town’s historic charm and welcoming small-town feel. Spend your weekends exploring the local farmers markets, community festivals, and live music events that fill the town’s active social calendar. Just minutes away, you’ll find the world-famous Bok Tower Gardens—a serene landmark surrounded by lush gardens, walking trails, and year-round events. For those who love the outdoors, stroll down to Lake Wailes to take in the tranquil views and get your daily dose of exercise on the 4.5-mile walking and biking trail that meanders along the lake’s edge. Surrounded by natural beauty, culture, and small-town character, this charming bungalow offers both lifestyle and investment potential in one of Central Florida’s most picturesque communities. Schedule your showing today and imagine the possibilities!

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $165,000
Property Type Single Family Homes
Usable Sqft 1,196
Number of Stories 0 stories
Parking Spots 1 spots
Year Built 1948
Last Sold Unknown
Sold Price Unknown
APN # 273001883000042102
MLS # P4936735
Property ID 317988326
Lot Sqft 6,521
Zoning R-2
Days on Market 68
Original List Price $165,000
Applicances Dryer, Range, Refrigerator, Washer%
Date Updated December 17, 2025
Date Created October 20, 2025
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Listing Provided By

Michael Stone an agent of THE STONES REAL ESTATE FIRM.


© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of December 17, 2025 The information being provided is 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.



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