Under contract-accepting backup offers. Investor Special: 4 Bedroom / 3 Bathroom Diamond in the Rough with Attached ADU – Lake Wales Opportunity! Calling all investors, flippers, & buy-and-hold buyers! Discover this solid concrete block home at 4924 Washington Street, Lake Wales, FL 33859—a true diamond in the rough ready for… Read More your vision & TLC to restore its shine & deliver strong ROI. Set on a spacious corner lot with great spacing from neighbors, this unique property features 4 bedrooms & 3 full bathrooms overall: 3 bedrooms / 2 bathrooms in the main residence plus a fully attached accessory dwelling unit (ADU) with its own private 1 bedroom, 1 bathroom, kitchen, living area, tile floors, & separate walk-out entrance to the backyard—perfect for multi-generational living, an in-law suite, or separate rental income potential. The main home offers an inviting open floor plan: Enter into a bright living room with high ceilings, abundant windows for natural light, & a convenient bar area. The space flows into a large open kitchen with included appliances (stainless steel LG refrigerator, LG stainless steel oven/range, white Samsung microwave) & tile flooring. A flexible room off the kitchen provides excellent options as a pantry, office, or extra storage. The owner's bedroom enjoys plenty of natural light from its windows & connects to a private bathroom, with the included blue Samsung washer/dryer set nearby (easily adaptable into a dedicated laundry area). Two guest bedrooms share a full bathroom with tiled shower. Outside, enjoy the huge screened-in lanai, wraparound driveway, covered carport, & a fully fenced backyard (solid white vinyl fencing) complete with a storage shed. The oversized lot offers room to breathe in this quiet, rural setting—just blocks from beautiful Crooked Lake (one of Polk County's largest public lakes at over 4,000 acres), providing nearby recreation without any flood zone concerns. Conveniently located near Warner University for potential student rental demand, with easy access to town, Bok Tower Gardens, & more. This home has good bones & was clearly well-loved by its original owner. With thoughtful updates to bring it to today's standards, it could stand out as a top property in the neighborhood—whether you rehab & flip for profit, renovate & hold as a rental (main house + income-generating ADU for excellent cash flow), or explore other creative uses, the potential is unlimited. Sold strictly AS-IS with right to inspect—seller has limited knowledge of the property. Bring your tools & ideas—this rare find with character, space, & location awaits the savvy investor! Schedule your showing today. Read Less
Courtesy of FLORIDA EXECUTIVE REALTY 2 813-832-5400
Listing Snapshot
Days Online
22
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
3
Square Ft.
2,400
Lot Size
0.21 Acres
Year Built
1958
MLS Number
TB8475925
Additional Details
Property Access
Road Surface: Concrete
Appliances & Equipment
Dryer, Range, Refrigerator, Washer
Building
Built in 1958, Living area: 2400, Living area units: Square Feet, Building faces East, Levels: One, Construction Materials: Block
Cooling
Central Air
Exterior Features
Lighting
Fence
Vinyl
Floors
Carpet, Ceramic Tile
Foundation
Slab
Heating
Central
Interior Features
Living Room/Dining Room Combo
Laundry
Inside
Lot
0.21 acres
Parking
1 carport space
Roof
Metal
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 27-30-35-927700-001890, Public Survey Range: 27, Public Survey Section: 35, Annual Amount: $3,693, Tax Book Number: 41/3, Legal Description: SOUTH LAKE WALES UNIT 1 PB 41 PG 3, Year: 2025
Utilities
BB/HS Internet Available, Cable Available, Public, Water Source: Public
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Listings courtesy of Stellar MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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