Lake Wales Multifamily For Sale By Owner (1 Homes)

  • Home For Sale $74,900
    • 0Baths
    • 1,064Sq ft
    207 N PHILLIPS STREET , Lake Wales, Florida

    Fully leased duplex with rental income. great opportunity for investor. tenants are on long term... Read More

Lake Wales - Statistics and Home Trends

Actives Activity Chart


$ 294,089




$ 82


$ 266,690




$ 70


$ 234,776




$ 100

Average Price
Land in LAKE WALES (187) $ 185,062


$ 230,256




$ N/A

Learn More About Lake Wales, Florida

Currently there are 222 homes for sale, 13 condos and apartments for sale, 187 vacant land for sale and 4 villa for sale in Lake Wales

Lake Wales, Florida


Positioned near the heart of the Florida peninsula, Lake Wales is a city of clear lakes in Polk County, Florida. It sits in the central part of the state, east of Tampa and west of Lake Kissimmee. It is located on a sandy upland terrain called the Lake Wales Ridge, which runs somewhat parallel to the two coasts in the middle of the peninsula. The city is part of the Lakeland-Winter Haven Metropolitan Statistical Area.


The city of Lake Wales is a planned community founded by the Lake Wales Land Company. In 1879, the area was surveyed by Sidney Irving Wailes, who renamed the-then Watts Lake to Lake Wailes – obviously for himself. The city took its name after the nearby lake, but the letter “I” was dropped from the spelling. It was officially incorporated as the City of Lake Wales in April 1917.


Nestled among rolling hills on the high grounds of the Florida peninsula, Lake Wales has a humid subtropical climate and rich soil. The climate has contributed to make citrus growing an important activity in the economy since the founding years. However, the city has also managed to attract considerable manufacturing and construction businesses, just as it has been able to attract a number of electronics firms.


The population of the city was estimated at 15,541 in 2015, representing a rise of more than 50 percent from the level in 2000. There are more than 5,000 households here, with median age calculated at about 42 years in 2010. The high average age of residents is no doubt influenced by the presence of retirement villages in the area - there are many of them.


U.S. 27 runs north through Lake Wales to Haines City and Interstate 4, while extending southward all the way to Miami. Other major roads here include State Road 17 and State Road 60. The locals are served by Winter Haven Area Transit buses. The publicly-owned Lake Wales Municipal Airport located west of the city's central business district provides air service.


Lake Wales takes special interest in ensuring provision of quality education to residents. There are about seven public charter schools in the city, including one each of middle school, high school and vocational technical school. The city is also home to private schools, one of which known as Vanguard School caters to children with special learning needs. Two private colleges (Warner University and Webber International University) call Lake Wales home and there are also campuses of other institutions of higher learning around the area.


Lakes Wales offers so much for recreation and leisure. The numerous clear lakes around the area provide ample opportunities to enjoy fun activities with your loved ones year-round. There are over 250 acres of parks and athletic fields within city limits and a wide variety of recreational programs year-round. The optical illusion called Spook Hill, Bow Tower Gardens, and the Depot Museum are some of the interesting places here.


It is a fact that Lake Wales is a city for both young and old. With its historic downtown, cupolas and bell towers, it treats visitors and residents to its past. The city does not abandon keeping up with present times while preserving history, however. It offers a robust educational system and many necessary amenities. offers For Sale By Owner listing services throughout the country. By posting home with ByOwner your property will get the same exposure you’d receive from a traditional real estate company. Our Lake Wales, Florida Flat Fee MLS listing Service saves you from paying the traditional 6% commission charged by most real estate offices, but gives you the same worldwide exposure.

Your home will be found on the local MLS, plus all the major search engines and popular real estate portal sites, including: Trulia, Zillow,, MSN, AOL, Bing, Yahoo, and of course Google. Additionally when your home gets added to the MLS, your FSBO listing will listed alongside of the homes listed by ReMax, C-21, Coldwell Banker, ERA, Redfin, Movoto, Keller Williams and all the other nationwide brokerage sites. These sites often display “all” of the MLS postings, not just their own, which means your home will be on these sites also.

The average seller who uses our Flat Rate MLS Listing, will save over $15,000. We give you the tools and exposure you need as a ForSaleByOwner to compete with every other listing in the MLS. But you are in control of the savings and the fees you pay.

Currently Lake Wales has 427 properties on the market for sale. The inventory was last updated 12/08/2019. Of these properties, 222 single family homes are for sale by their owners in Lake Wales, and 13 condos are for sale by their owners in Lake Wales. The average price of the single family homes for sale in Lake Wales, is $382,855, the average condo price in Lake Wales, is $294,089. The average price per square foot of the active inventory is $78. This is based the living area square footage.

Over the last year, there have been 4,231 of properties sold in Lake Wales. Of these properties, 3,476 single family homes have sold by their owners in Lake Wales, and 143 condos have sold by their owners in Lake Wales. The average sales price of the single family homes sold in Lake Wales, is $153,038. Single family homes have been selling for 85 per square foot of living area. The average sales price of the condos for sale in Lake Wales, is $131,546. Condos have been selling for 68 per square foot of living area.

The most active subdivisions with listings for sale in Lake Wales, are: Indian Lake Estates (13 For Sale), Brookshire (12 For Sale), South Lake Wales (10 For Sale), Lake Wales (9 For Sale), River Ranch Shores (9 For Sale), Not In Subdivision (8 For Sale), Lake Ashton Golf Club Ph 02 (8 For Sale), Walk In Water Lake Estates Ph 01 (6 For Sale), Caloosa Lake Village (5 For Sale), Lake Ashton Golf Club Ph 01 (5 For Sale)

If you are thinking of selling your Lake Wales home, try our flat fee listing service, Our list fees start at $449, and may save you $15,000 in real estate commissions. Click here to start saving.

Disclaimer: Listing broker has attempted to offer accurate data, but buyers/lessees are advised to confirm all information IDX information is provided exclusively for consumers' personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect Participants and/or the MLS from liability.
This data up-to-date as of 12/08/2019