517 LINCOLN AVENUE W, LAKE WALES, FL, 33853
Active355 days on marketListed Aug 28, 2025MLS #L4955516
About this home
517 LINCOLN AVENUE W
Vacant residential lot with no HOA and no CDD fees. Clear title and ready for development. Zoned for single-family construction with flexibility to build on your timeline and bring your own builder. Whether you're planning a custom residence, spec build, or long-term land investment, this parcel offers control without restrictive oversight. 49.5 Foot Frontage and 116 Foot Depth. Alley way behind the lot adds for additional access. Lake Wales CRA District. NO IMPACT FEE. Buyers to verify building options and requirements with the City of Lake Wales, before going under contract. Public Water, Sewer and Electric available.
Facts & features
The home at a glance
0.13 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$488 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$488/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Lake Wales
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lake Wales. See the full Lake Wales guide →
LAKE WALES 33853 — neighborhood snapshot
Population
12,385
Median age
37.3
Median income
$40,938
Median home value
$198,100
Avg household
2.57
Households w/ children
1,565
For the school run
Polk County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lake Wales market
$275K → $271K
Lake Wales median sold, yr/yr
96.3%
Sale-to-list ratio (12 mo)
Median sold price, Lake Wales, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 78% below the LAKE WALES 33853 median. See the full Lake Wales market guide →
Paper trail
This home's history
Reality check
What actually sold near 517 LINCOLN AVENUE W
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$505,000
2250 NW 7th Ct, Fort Lauderdale FL 33311 · same community
4 bd · 3.5 ba · 149 DOM
Sold · Jul ’26$74,995
513 LINCOLN AVENUE · same community
2 bd · 1 ba · 710 sqft · $106/sqft · 12 DOM
Sold · Nov ’25$255,000
2209 NW 6th St #1, Fort Lauderdale FL 33311 · same community
3 bd · 1 ba · 726 sqft · $351/sqft · 25 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kat Bonelli
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 517 LINCOLN AVENUE W — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 517 LINCOLN AVENUE W — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Kat's phone and CRM.
Straight answers
517 LINCOLN AVENUE W FAQs
What would the monthly payment be for 517 LINCOLN AVENUE W?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $488/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 517 LINCOLN AVENUE W?+
The most recent tax bill on record (2024) was $143. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Lake Wales?+
At $50,000, this home is listed about 81% below the Lake Wales median of $256,995. The market section on this page shows how the area is trending.
Which schools are assigned to 517 LINCOLN AVENUE W?+
Bartow Senior High School (high) — Polk County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of FEE SIMPLE REALTY LLC · Stephanie Gavric. MLS #L4955516.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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