415 KING STREET, Lake Wales, FL, 33853
About This Home
Updated 4-bed, 2-bath home in Coral Acres with strong rental potential. Seller will contribute up to $10,000 toward buyer closing costs with a full-price contract. Previously operated as a room-by-room rental, with each bedroom leased at $800/month for a total of $3,200 monthly income. Home features updated flooring, renovated kitchen and baths, and spacious bedrooms. Turnkey option for investors or owner-occupants seeking cash flow and long-term value. Don't delay, call me today!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1971
Materials
- Foundation: Block
- Roof: Shingle
- Construction materials: Stucco
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Microwave,Range,Refrigerator,Washer
- Laundry features: Laundry Room
Bathroom2
- Level: First
Bedroom2
- Features: Built-in Closet
- Level: First
Bedroom3
- Features: Built-in Closet
- Level: First
Bedroom4
- Features: Built-in Closet
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- None
- Flooring: Tile
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 1,665
- Total interior livable area: 1,338 sqft
Kitchen
- Level: First
Laundry
- Level: First
Living Room
- Level: First
Primary Bathroom
- Level: First
Primary Bedroom
- Features: Built-in Closet
- Level: First
Property
Details
- Parcel number: 272934875500000230
- Zoning: R-2
- Special condition: None
Features
- Levels: One
- Stories: 1
- Exterior features: None
Lot
- Lot size: 8,046 sqft
- Lot size dimensions: 70 x 115
Parking
- Total spaces: 2
- Parking features: Carport
- Covered spaces: 2
- Carport: Yes
- Carport spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Hurricane
- Cold Wave
- Lightning
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Polk County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,254 | $15,048 |
| Home Insurance * | $273 | $3,276 |
| Property Taxes | $264 | $3,168 |
| Electricity | $197 | $2,366 |
| Total | $1,988 | $23,856 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-17 | Listed for sale | $248,000 |
| 2021-04-09 | Sold | $44,800 |
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