About This Home

This 5-bedroom, 2-bathroom single family at 651 LORRAINE Circle in Lake Wales, FL is listed for $290,000 ($156 per sqft). Built in 1957, the home offers 1,864 sqft of living space on a 0.31 acres lot.

Key Features

  • Built in 1957
  • 0.31 acre lot

Property Details

1 story
2 full
1957

Amenities

A/C
Listing Description

Welcome to 651 Lorraine Circle! Great investment opportunity! This property is currently tenant-occupied, making it an excellent option for investors seeking immediate rental income. This beautifully maintained home is located in the heart of Lake Wales, an up-and-coming area known for its family-friendly atmosphere and great schools.

Convenience is key-you're just minutes from shopping, dining, medical centers, and local attractions, all while enjoying a quiet residential setting. Major updates already done for you! The roof, water heater, and AC were all replaced about two years ago, offering peace of mind and lower maintenance costs. Whether you're expanding your portfolio or planning for future use, this property offers incredible potential in a growing community with easy access to major highways.

Monthly Cost Estimate

$1,551/mo

20% down · 6.5% · 30 years

Principal$210
Interest$1,257
Insurance$85

Estimates only. Actual payments may vary.

Location

651 LORRAINE Circle

Lake Wales, FL 33853

RIDGE MANOR

Property Details

Flooring

Tile

Construction

Block

Heating

Electric (Heating)

Cooling

Central Air

Questions & Answers

This 5-bedroom, 2-bathroom single family at 651 LORRAINE Circle is listed at $290,000 ($156/sqft). The estimated monthly payment is $1,551 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1957, 0.31 acre lot.

This property is listed by Gaby Gonzalez.

GG

Gaby Gonzalez

Agent at Dalton Wade, Inc.

Listed by Dalton Wade, Inc. · Broker phone: (727) 888-4175 · View on Broker Site · Broker website

MLS# L4955658· Source: Stellar MLS· 421 days on PropertySimple

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

651 LORRAINE Circle, Lake Wales, FL 33853

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