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About This Home
This 3-bedroom, 2-bathroom single family at 520 S 7TH STREET in Lake Wales, FL is listed for $399,000 ($214 per sqft). Built in 1925, the home offers 1,866 sqft of living space on a 0.38 acres lot.
This beautifully renovated property offers a rare blend of comfort, modern design, and versatility, featuring a fully updated main house and a completely independent guest house. Both residences showcase bright, open living spaces with a clean, contemporary aesthetic, including brand-new kitchens and bathrooms equipped with modern appliances and thoughtfully selected finishes. The inviting living areas feel warm and welcoming, while the spa-like bathrooms add a touch of everyday luxury.
Extensive upgrades provide peace of mind and long-term value, including new roofs and gutters, updated electrical panels, new windows, and all-new interior and exterior doors in both the main house and guest house. The exterior has been refreshed with new stucco, enhancing curb appeal and durability. Energy efficiency is a key highlight, with a solar system, new water heaters for both homes, and a new AC unit in the guest house.
Designed for both functionality and enjoyment, the outdoor space features a newly created patio area between the main house and guest house—perfect for entertaining, relaxing, or hosting gatherings. The property also includes a new shed and a driveway connecting both residences, adding convenience and flexibility.
Ideal for multigenerational living, hosting guests, working from home, or generating additional rental income, this move-in-ready property offers modern comfort, efficiency, and style—all in one exceptional opportunity.
Key Features
- Built in 1925
- 0.38 acre lot
Property Details
Amenities
Monthly Cost Estimate
$2,134/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
520 S 7TH STREET
Lake Wales, FL 33853
PALM PARK TERRACE
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 520 S 7TH STREET is listed at $399,000 ($214/sqft). The estimated monthly payment is $1,729 based on 20% down at 6.5% interest.
Key features include: Built in 1925, 0.38 acre lot. Interior Features: Thermostat. Exterior Features: Paved, Fencing, Awning(s).
This property is listed by Luis Henriqu Cossenzo Candioto and can be reached at 4078678843 or luiscandiotorealestate@gmail.com.








