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Lake Wales, FL · Single Family Residence

315 Dorsett Ave

$400,000
List price
3Bedrooms
2Bathrooms
1,205Square feet
0.15Acres

THE SETTING, AND THE DETAILS

A closer look.

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.

The details that help you decide.

Details supplied with the listing. Information that was not provided is marked below.

Home essentials
Price per square foot
$332
Full bathrooms
2
Half bathrooms
0
Heated living area
1205
Lot size (acres)
0.15
Lot size (sq ft)
6700
Year built
2026
Property type
Residential
Property style
Not provided
Interior & rooms
Interior features
Ceiling Fans(s), Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s)
Appliances
Dishwasher, Microwave, Range, Refrigerator
Flooring
Luxury Vinyl
Additional rooms
Not provided
Land, water & community
Waterfront
No
Waterfront type
Not provided
Water body / lake name
Not provided
Water view
Not provided
Dock
Not provided
Dock features
Not provided
Other views
Not provided
Lot features
Sidewalk
Exterior features
Private Entrance, Rain Gutters, Sidewalk
Community amenities
Sidewalks
Zoning
IND
Current use
Not provided
Horse amenities
Not provided
Fencing
Not provided
Other structures
Additional Single Family Home, Guest House
Pool, parking & systems
Private pool
No
Pool features
Not provided
Garage
No
Garage spaces
0
Carport
No
Carport spaces
0.00
Parking features
Driveway, On Street, Oversized, Parking Pad
Fireplace
No
Fireplace features
Not provided
Heating
Central
Cooling
Central Air
Water supply
Public
Sewer
Public Sewer
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Fiber Optics, Sewer Connected, Water Connected
Construction
Construction materials
Stucco
Roof
Shingle
Foundation
Slab
Stories
Not provided
Levels
One
Location & schools
City
LAKE WALES
Subdivision
THULBERRYS SECOND SUB
County
Polk
ZIP code
33853
Elementary school
Not provided
Middle school
Not provided
High school
Not provided
Association, taxes & listing
HOA / association
No
Association fee
Not provided
Fee frequency
Not provided
Included services
Not provided
Association amenities
Not provided
Additional association fee
Not provided
Additional fee frequency
Not provided
Condo fee
Not provided
Condo fee frequency
Not provided
Annual property taxes
$267
Tax year
2026
Other annual assessments
Not provided
CDD
No
Listing status
Active
Days on market
0
Listing broker
FLORIDA REALTY MARKETPLACE
MLS number
MFRP4940335

Explore the area

Location supplied with the listing. Confirm boundaries and access for the property.

Listed by FLORIDA REALTY MARKETPLACE · MLS MFRP4940335
Source: mfrmls · Listing updated 2026-11-02 20:10:14 UTC.
Information is deemed reliable but is not guaranteed. Availability and details may change.

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