New Construction - Primary on Main
Address
315 Dorsett Avenue, LAKE WALES, FL
Price
$ 400,000
Property Attributes
- MLS#P4940335
- TypeSingle Family
- Listing Status Active
- CountyPolk
- CityLAKE WALES
- AreaLake Wales South
- NeighborhoodTHULBERRYS SECOND SUB
- Zip33853
- StyleSingle Family Residence
- Year Built2026
- Taxes$ 267
- Price$ 400,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1205
- Lot Size0.15 Acres
Data Source:
Stellar MLS
Property Description
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.
| Price History | |
|---|---|
| 11/2/2026 | Listed $400,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Utilities | BB/HS Internet Available,Cable Available,Electricity Connected,Fiber Optics,Sewer Connected,Water Connected |
| Possession | Close Of Escrow |
| Roof | Shingle |
| Appliances | Dishwasher,Microwave,Range,Refrigerator |
| Zoning | IND |
| Patio/Porch Features | Covered,Front Porch,Patio |
| Construction Materials | Stucco |
| Pets Allowed | Cats OK,Dogs OK,Yes |
| Year Built | 2026 |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2026 |
| Ownership | Fee Simple |
| Community Features | Sidewalks |
| County | Polk |
| New Construction | true |
| Property Type | Residential |
| Subdivision Name | THULBERRYS SECOND SUB |
| Facing Direction | North |
| Garage Y/N | false |
| Other Structures | Additional Single Family Home,Guest House |
| Total Rooms | 8 |
| Full Baths | 2 |
| Status | Active |
| 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. |
| City | LAKE WALES |
| Senior Community Y/N | false |
| MLS Area | 33853 - Lake Wales South |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 6700 |
| Carport Y/N | false |
| Listing Terms | Cash,FHA,Special Funding,USDA Loan,VA Loan |
| Land Lease Y/N | false |
| Tax Annual Amount | 267 |
| Property Condition | Completed |
| Additional Parcels Y/N | false |
| Lease Considered Y/N | true |
| Virtual Tour | https://www.zillow.com/view-imx/2c4f5721-9459-4060-91dc-15fadeb3eea0?wl=true&setAttribution=mls&initialViewType=pano |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Builder Name | SRD Construction & Development Corp |
| Standard Status | Active |
| Occupancy Type | Vacant |
| Tax Lot | 10 |
| Virtual Tour | https://www.zillow.com/view-imx/2c4f5721-9459-4060-91dc-15fadeb3eea0?wl=true&setAttribution=mls&initialViewType=pano |
| Legal Description | THULBERRYS SECOND SUB PB 24 PG 21 BLK 8 LOT 10 |
| Minimum Lease | No Minimum |
| Water Access Y/N | false |
| ILS Total SQFT | 588 |
| ILS Under Air SQFT | 550 |
| Water View Y/N | false |
| Flood Zone Code | X |
| In Law Suite YN | true |
| In Law Suite Description | 1 Bathroom,2+ Bedrooms,Detached (ADU),Kitchen,Private Entrance |
| Flood Zone Code X | Yes |
Interior Features
| Interior Amenities | Ceiling Fan(s),Open Floorplan,Primary Bedroom Main Floor,Solid Surface Counters,Solid Wood Cabinets,Split Bedroom,Stone Counters,Tray Ceiling(s),Walk-In Closet(s) |
|---|---|
| Flooring | Luxury Vinyl |
| Furnished Y/N | Unfurnished |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | false |
| Laundry Features | Electric Dryer Hookup,Inside,Laundry Closet,Washer Hookup |
| Total Bedrooms | 3 |
| LivingAreaSource | Appraiser |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Private Entrance,Rain Gutters,Sidewalk |
|---|---|
| Parking Features | Driveway,On Street,Oversized,Parking Pad |
| Lot Features | Sidewalk |
| Water Source | Public |
| Lot Size Area | 6700 |
| Foundation Details | Slab |
| Building Area Total | 1357 |
| Lot Size Acres | 0.15 |
| Road Surface Type | Paved |
| Private Pool | false |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33853
Price
Taxes
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.
Updated on November 8, 2026 4:14 PM UTC
