315 DORSETT AVENUE, #A & B
Lake Wales, FL 33853
$400,000
Virtually Staged. NO HOA! 2 HOMES-1 LOT! BRAND NEW CONSTRUCTION! A unique opportunity featuring a $40K grant from Lake Wales for down payment and closing cost assistance for a qualified owner-occupant! Listed below the FHA appraised value and priced at $400K this brand-new construction property features two separate single-family residences on one lot, a 3-bedroom/2-bathroom home and a 2-bedroom/1-bathroom home, each complete with its own private entrance and seperate water/electric meters, full kitchen, and washer/dryer hookups. This makes it an ideal home ownership hack for first-time buyers to live in one unit and let rental income from the other cover a major portion of the mortgage, or an incredible cash-flowing option for investors. Because an FHA appraisal is already on file, FHA buyers can use it smoothly to process their loan with no worries about appraising, and lenders can factor projected rental income into your qualification so you may qualify for more than you think. Seller concessions are also available depending on the offer. You're not just buying a home, you're buying a future! Set in the growing city-invested community of Lake Wales, the home offers fantastic convenience just minutes State Road 60 and US-27, Walmart Supercenter, healthcare at AdventHealth Lake Wales, everyday shopping at Lake Wales Plaza, and local dining spots like Lake Wales Family Restaurant.
Listing Courtesy of: FLORIDA REALTY MARKETPLACE
863-877-1915
| Listing Id: | P4940337 |
|---|---|
| List Price: | $400,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Duplex |
| Status: | Active |
| Bedrooms Total: | 5 |
| Bathrooms Full: | 3 |
| Living Area: | 1,755 |
| Tax Annual Amount: | $267 |
| Lot Size Square Feet: | 6,700 |
| Lot Size Acres: | 0.15 |
| Waterfront?: | No |
| City: | Lake Wales |
| County Or Parish: | Polk |
| Subdivision Name: | Thulberrys Second Sub |
| Postal Code: | 33853 |
| Year Built: | 2026 |
| Number Of Units Total: | 2 |
| Additional Parcels?: | No |
| Appliances: | Dishwasher, Microwave, Range, Refrigerator |
| Builder Name: | SRD Construction & Development Corp |
| Bathrooms Total Integer: | 3 |
| Building Area Source: | Appraiser |
| Building Area Total: | 1945 |
| Building Area Units: | Square Feet |
| Carport?: | No |
| Foundation Details: | Slab |
| Construction Materials: | Stucco |
| Cooling: | Central Air |
| Directions: | Head north on North Scenic Highway (US-17) from State Road 60, take a left onto Florida Avenue, make another left onto Dorsett Avenue, and 315 Dorsett Avenue will be on your right. |
| Exterior Features: | Private Entrance, Rain Gutters, Sidewalk |
| Flooring: | Luxury Vinyl |
| Garage?: | No |
| Community Features: | Sidewalks |
| Heating: | Central |
| Interior Features: | Ceiling Fans(s), Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s) |
| Laundry Features: | Electric Dryer Hookup, Inside, Laundry Closet, Washer Hookup |
| Ownership: | Fee Simple |
| Living Area Source: | Appraiser |
| Living Area Units: | Square Feet |
| Lot Features: | Sidewalk |
| Lot Size Acres: | 0.15 |
| MLS Area Major: | 33853 - Lake Wales South |
| MLS Area Major: | 33853 - Lake Wales South |
| Original List Price: | $400,000 |
| Other Equipment: | Private Entrance |
| Parcel Number: | 27-30-02-899000-008100 |
| Parking Features: | Driveway, Off Street, On Street, Oversized, Parking Pad |
| Patio And Porch Features: | Covered, Front Porch, Patio |
| Pets Allowed: | Cats OK, Dogs OK, Yes |
| Township: | 30 |
| Road Surface Type: | Paved |
| Roof: | Shingle |
| Listing Terms: | Cash, Conventional, FHA, Special Funding, USDA Loan, VA Loan |
| Tax Year: | 2025 |
| Senior Community?: | No |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Association?: | No |
| Utilities: | BB/HS Internet Available, Cable Available, Electricity Connected, Emergency Power, Fiber Optics, Sewer Connected, Water Connected |
| Water Source: | Public |
| Property Condition: | Completed |
| Public Survey Range: | 27 |
| Public Survey Section: | 02 |
| Zoning: | IND |
| Additional Lease Restrictions: | No HOA. Please check with the City of Lake Wales and/or Polk County to confirm any restrictions. |
| Annual Net Income: | 47400.00 |
| Building Area Total Srch Sq M: | 180.70 |
| Calculated List Price By Calcula: | 227.92 |
| Cddyn: | No |
| Flood Zone Code: | X |
| Homestead Yn: | No |
| Living Area Meters: | 163.04 |
| Lot Size Square Meters: | 622 |
| Pet Restrictions: | No HOA. Please check with the City of Lake Wales and/or Polk County to confirm any restrictions. |
| Realtor Info: | Floor Plan Available, Sign |
| Sdeo yn: | No |
| Total Acreage: | 0 to less than 1/4 |
| Total Num Buildings: | 2 |
| Unit Count: | 2 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Association 2 Yn: | 0 |
| Attribution Contact: | 863-877-1915 |
| Originating System Name : | Stellar MLS |
| Green Energy Generation Yn: | No |
| Listing Contract Date: | 2026-10-28 |
| Fireplace?: | No |
| Pool Private?: | No |
| New Construction?: | Yes |
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Property Last Updated: November 03, 2026 02:18 AM - ET
