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Active - House for sale
315 DORSETT AVENUE, Lake Wales, FL
Facts & features
Why you’ll love it
- No HOA
- New construction
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.
Listings courtesy of FLORIDA REALTY MARKETPLACE as distributed by MLS GRID.
Listed by: Jenn Manzella • jenn@findyoursunnyhome.com • FLORIDA REALTY MARKETPLACE
Co-listed by: FLORIDA REALTY MARKETPLACE
Source: Stellar MLS as distributed by MLS GRID, MLS#: P4940335
Based on info available as of Nov 10, 2026 at 10:56 AM EST.
Come see by yourself
Affordability
$2,045/mo
- Mortgage$2,023
- Property tax$22
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$8,000 Credit back
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Travel times
About Thulberrys Second Sub
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Based on information submitted to the MLS GRID as of Nov 10, 2026 at 10:56am EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Make a winning offer, and get up to
$8,000 Credit back
