One or more photo(s) has been 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.
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.
Property Details
Price:
$240,000
MLS #:
O6395623
Status:
Active
Beds:
2
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
PALM PARK TERRACE
Neighborhood:
33853lakewalessouth
Listed Date:
Apr 1, 2026
Finished Sq Ft:
1,636
Total Sq Ft:
1,636
Lot Size:
18,090 sqft / 0.42 acres (approx)
Year Built:
1925
See this Listing
Schools
Interior
Appliances
Dishwasher, Microwave, Range
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Tile, Hardwood
Heating
Central, Electric
Interior Features
Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Thermostat
Laundry Features
Inside
Levels
One
Exterior
Construction Materials
Stucco
Direction Faces
East
Exterior Features
Lighting, Sidewalk
Fencing
Fenced
Patio And Porch Features
Patio
Roof
Other
Security Features
Smoke Detector(s)
View
Trees/Woods
Financial
Tax Year
2025
Taxes
$2,061
Map
Community
- Address530 S 7TH STREET LAKE WALES FL
- SubdivisionPALM PARK TERRACE
- CityLAKE WALES
- CountyPolk
- Zip Code33853
Subdivisions in LAKE WALES
- 220594
- ACREAGE
- ALTA VISTA
- ALTADENA SUB
- ANNABELLE ESTATES
- ATKINSON SUBDIVISION
- BLUE LAKE HEIGHTS
- BLUE LAKE TERRACE
- BRANTLEYS RESUB
- BROOKSHIRE
- BULLARD BLDG CONDO
- CALOOSA LAKE VILLAGE
- CANDLELIGHT GROVES
- CARY WALTERS SUB
- CENTRAL LAKE ESTATES
- CHALET ESTATES
- CHALET ESTATES ON LAKE SUZANNE
- CHERRY POCKET
- CHERRY POCKET SUB
- CONNER SUB
- COUNTRY CLUB VILLAGE CONDO
- COUNTRY CLUB VILLAGE PH 02
- COUNTRY CLUB VILLAGE PH 03
- COUNTRY OAKS ESTATES
- CROOKED LAKE PARK 02
- CROOKED LAKE PARK TR 02
- CROOKED LAKE PARK TR 05
- CROWN POINTE PH 01
- CROWN POINTE PH 02
- DINNER LAKE PH 04
- DINNER LAKE PH 4
- DINNER LAKE SHORES PH 01
- DINNER LAKE SHORES PH 02
- DINNER LAKE SHORES PH 03
- DINNER LAKE SOUTH
- DRUID HILLS
- EAST LAKE PARK PH 01
- EAST LAKE PARK PH 03
- FAIRMONT SUB
- FRESCO PARK
- FRESCO PARK PB 33 PG 20
- GENESIS POINT CONDO
- GOLDENBOUGH T A YARNELL
- GOLF VIEW PARK
- GOLF VIEW PARK RESUB
- GRANADA CONDOMINIUMS
- GRANADA LAND CONDO
- GREENBRIAR PH 01
- GROVELAND TERRACE
- GROVELAND TERRACE SUB
- HARPER ESTATES
- HECKSCHER SECOND ADD
- HENDRY G W
- HENDRY G W SUB
- HENRY G W SUB
- HESPERIDES
- HIGHLAND ACRES
- HIGHLAND CREST PH 01
- HIGHLAND PARK
- HIGHLAND PARK MANOR PLAT #4
- HIGHLAND PARK SUB
- HIGHLAND POINTE PH 02
- HOWEY W J LAND STARR LAKE
- HUNT CLUB AT LAKE WALES PHASE 1
- HUNT CLUB AT LAKE WALES PHASE 1 PB 206 PGS 1-6 LOT
- HUNT CLUB GROVES 40S
- HUNT CLUB GROVES 50S
- HUNT CLUB/LK WALES PH 1
- INDIAN LAKE ESTATES
- KELLY SUB
- KISSIMMEE SHORES CONDO
- LA CASA
- LA CASA CONDO
- LAKE & HILLS COUNTRY ESTATES
- LAKE ASHTON GOLF CLUB PH 01
- LAKE ASHTON GOLF CLUB PH 02
- LAKE ASHTON GOLF CLUB PH 03-A
- LAKE ASHTON GOLF CLUB PH 03B
- LAKE ASHTON GOLF CLUB PH 04
- LAKE ASHTON GOLF CLUB PH 05
- LAKE ASHTON GOLF CLUB PH 06
- LAKE ASHTON GOLF CLUB PH 1
- LAKE ASHTON GOLF CLUB PH I
- LAKE ASHTON GOLF CLUB PH II
- LAKE ASHTON GOLF CLUB PH III-A
- LAKE ASHTON-PALMS OF ASHTON
- LAKE HAVEN ACRES
- LAKE HAVEN ESTATES
- LAKE HILLS ESTATES
- LAKE MABEL HEIGHTS
- LAKE PIERCE HEIGHTS
- LAKE PIERCE HEIGHTS RESUB PT & LAKE PIERCE HEIGHTS
- LAKE PIERCE RANCHETTES
- LAKE PIERCE RANCHETTES 05 ADD PH 01
- LAKE PIERCE RANCHETTES FIFTH ADD
- LAKE PIERCE RANCHETTES FOURTH ADD
- LAKE PIERCE RANCHETTES THIRD ADD
- LAKE PIERCE RETREATS
- LAKE PIERCE RETREATS PRCL 297-2
- LAKE ROSALIE OAKS
- LAKE WALES
- LAKE WALES ESTATES
- LAKE WALES ESTATES TR 19
- LAKE WALES ESTATES TR 490
- LAKE WALES HEIGHTS
- LAKE WALES HGHTS
- LAKE WALES HIGHLAND HEIGHTS RESUB PT
- LAKE WALES LAND CO RESUB
- LAKE WALES LAND CO SUB
- LAKE WALES TERRACE SUB
- LAKE WALES VILLAGE CONDO
- LAKE WALK IN WATER HEIGHTS
- LAKESHORE CLUB
- LAKESHORE NORTH CONDO
- LANDINGS AT LAKE EASY
- LEIGHTON LANDING
- LEIGHTON LNDG
- LEOMA’S LANDING 50’S
- LEOMA’S LANDING PH 1
- LINCOLN PARK ADD
- LK PIERCE RETREATS
- LONGLEAF CONDO 11
- LOWES/LK WALES
- MABEL PLACE
- MAMMONTH GROVE
- MAMMOTH GROVE
- MASON VILLA
- MC COLLUM ADD
- MONEYTREE RANCHETTES SUB
- MORNINGSIDE PARK
- MOUNTAIN LAKE
- MOUNTAIN LAKE UNREC
- NATURES EDGE RESIDENCE PH 1
- NATURES EDGE RESORT PH 01
- NORTH POINTE PH 01
- NORTH SHORE HILLS
- NORTHSHORE HLNDS
- NORTHSIDE DRIVE
- NORTHSIDE HEIGHTS
- NOT IN SUB
- NOT IN SUBDIVISION
- OAKWOOD GOLF CLUB PH 02
- ORANGE PARK
- OUTDOOR RESORTS RIVER RANCH RV RESORT PH 02
- OUTDOOR RESORTS RIVER RANCH RV RESORT PH 04
- OUTDOOR RESORTS RIVER RANCH RV RESORT PH 05A
- PALM ACRES
- PALM ACRES SUB
- PALM PARK TERRACE
- PINE RIDGE
- PINEHURST SUB
- PLAT/LK PIERCE RETREATS PCLS 2
- PLEASANT ACRES
- PLEASANT ACRES UN 1
- PLEASANT ACRES UN 4
- POINCIANA HEIGHTS
- RESERVE AT FOREST LAKE
- RESERVE AT FOREST LAKE – PHASE 1
- RESORT AT CANOPY OAKS
- REV SSOUTH LAKE WALES YATCH CLUB
- REVISED HESPERIDES SUB
- RHODESBILT NEW CENTER SUB
- RIDGE MANOR
- RIDGE MANOR 02 UN
- RIVER RANCH
- RIVER RANCH PROPETY OWNERS ASSOCIATION
- RIVER RANCH SHORES
- ROBINS RUN PHASE 1
- ROLLING HILLS
- ROOSEVELT MANOR
- ROSALIE
- SADDLEBAG
- SADDLEBAG LAKE
- SCENIC BLUFF PH 2
- SCENIC BLUFF PH TWO
- SEASONS AT ANNABELLE ESTATES
- SEASONS AT MABEL PLACE
- SOUTH LAKE WALES
- SOUTH LAKE WALES YACHT CLUB SEC 01 REV
- SOUTH SHORE OAKS REP
- SOUTH SHORE RESORT AN RV CONDO
- SOUTH STARR HILLS
- STARR LAKE DEV CO SUB
- STUART E C SUB
- SUNNY SIDE SUB
- SUNSET POINTE PH 02
- TAYLOR GROVES
- THOUSAND ROSES
- THULBERRYS FIRST ADD
- THULBERRYS SECOND SUB
- TIBADOS SUB
- TIGER CREEK
- TIGER CREEK FOREST
- TIGER CREEK FOREST ADD
- TIGER CREEK GROVES
- TIGER CREEK SUB
- TIGER CRK SUB
- TIGER LAKE SUB
- TIMBERLAKE SUB PHASE TWO PB 87 PG 14
- TIMBERLANE SUB
- TINDAL RANCHES
- TINDEL ESTATES
- TINDEL RANCHES
- TIOTI BEACH ESTATES
- TIOTIE BEACH ESTATES
- TIOTIE BEACH ESTATES UN #3
- TRACT 8 BEG 50 FT E OF INT OF OLD HWY & W LINE OF
- TWIN FOUNTAINS INC A CONDO MHP
- TWIN LAKE PARK RESUB
- TWIN LAKE PARK SUB
- UNINCORPORATED POLK COUNTY – NOT IN SUBDIVISION
- UNREC LAKE WALES ESTATES
- UNREC LK WALES ESTS
- UNRECORDED 61
- WALDEN WATERS 02
- WALDEN WATERS SUB
- WALK IN THE WATER ESTATES PHASE THREE
- WALK IN THE WATER VILLAGE UNIT 01
- WALK IN THE WATER VILLAGE UNIT 03
- WALK IN THE WATER VILLAGE UNIT THREE
- WALK IN WATER LAKE ESTATES PH 01
- WALK IN WATER LAKE ESTATES PH 02
- WALK IN WATER LAKE ESTATES PH 03
- WALK IN WATER LAKE ESTATES PH 05
- WALK IN WATER LAKE ESTS PH 3 UNIT 1
- WALK IN WATER VILLAGE
- WASHINGTON PARK
- WAVERLY
- WAVERLY MANOR
- WEST INDIAN LAKE HEIGHTS SUB
- WEST LAKE WALES
- WEST SIDE
- WEST SIDE SUB
- WHISPERING RDG PH 1
- WHISPERING RIDGE PH 01
- WHISPERING RIDGE PHASE 1
- WOODLAND PARK
- WOODLANDS
Market Summary
Current real estate data for Single Family in LAKE WALES as of Apr 30, 2026
351
Single Family Listed
121
Avg DOM
208
Avg $ / SqFt
$382,384
Avg List Price
Property Summary
- Located in the PALM PARK TERRACE subdivision, 530 S 7TH STREET LAKE WALES FL is a Single Family for sale in LAKE WALES, FL, 33853. It is listed for $240,000 and features 2 beds, 2 baths, and has approximately 1,636 square feet of living space, and was originally constructed in 1925. The current price per square foot is $147. The average price per square foot for Single Family listings in LAKE WALES is $208. The average listing price for Single Family in LAKE WALES is $382,384. To schedule a showing of MLS#o6395623 at 530 S 7TH STREET in LAKE WALES, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
Similar Listings Nearby
Courtesy of KELLER WILLIAMS ADVANTAGE III. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 530 S 7TH STREET
LAKE WALES, FL
