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For sale
    • $189,000

    742 HIBISCUS AVENUE, LAKE WALES, FL 33853

    3beds
    1,352sqft
    : 
    $1,264/mo
    Get pre-qualified
    Single Family Residence
    Built in 1928
    0.34 Acres Lot
    $-- Zestimate®
    $140/sqft
    $-- HOA

    What's special

    ATTENTION INVESTORS!! Great investment opportunity! Two dwellings on one large lot, cozy 3bedroom, 2bath single family home plus a second 1BR, 1BATH cottage! Perfect for an investor looking for a great rental property. The main house is loaded with character, a fireplace and hard wood floors, central heat & air, public utilities, spacious kitchen with range, refrigerator & dishwasher. The second dwelling is a few steps away, perfect for a multi-generation setting, guests or a great rental. Located minutes to downtown, Wal-Mart, shopping, dining and across the street from the neighborhood Catholic Church and medical facilities. This property is located in a fantastic area, zoning is R-3.
    11 days
    |
    1,794
    |
    155
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Cathy Kluytenaar 863-604-6220,

    THE K TEAM REAL ESTATE SERVICES LLC 863-604-1601

    Source: Stellar MLS,MLS#: P4939408MLS LogoOriginating MLS: East Polk

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Built-in Closet
      • Level: First
      • Area: 156 Square Feet
      • Dimensions: 12x13
      Kitchen
      • Level: First
      • Area: 156 Square Feet
      • Dimensions: 12x13
      Living room
      • Level: First
      • Area: 192 Square Feet
      • Dimensions: 12x16
      Heating
      • Central, Wall Units / Window Unit
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Electric Water Heater, Range, Refrigerator
      • Laundry: Other
      Features
      • Open Floorplan
      • Flooring: Tile, Hardwood
      • Has fireplace: Yes
      • Fireplace features: Living Room, Wood Burning
      Interior area
      • Total structure area: 1,942
      • Total interior livable area: 1,352 sqft
      Video & virtual tour

      Property

      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Other
      Lot
      • Size: 0.34 Acres
      • Dimensions: 125 x 120
      Details
      • Parcel number: 273012918000002010
      • Zoning: R-3
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame
      • Foundation: Crawlspace, Pillar/Post/Pier
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1928

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: HIBISCUS PARK
      HOA
      • Has HOA: No
      Location
      • Region: Lake Wales

      Financial & listing details

      • Price per square foot: $140/sqft
      • Tax assessed value: $161,128
      • Annual tax amount: $2,866
      • Date on market: 7/24/2026
      • Cumulative days on market: 194 days
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/24/2026Listed for sale$189,000-28.7%$140/sqft
        Source: Stellar MLS #P4939408 Report a problem
        7/4/2026Listing removed$265,000$196/sqft
        Source: Stellar MLS #L4958191 Report a problem
        2/19/2026Price change$265,000-33.6%$196/sqft
        Source: Stellar MLS #L4958191 Report a problem
        1/31/2026Price change$399,000-6.1%$295/sqft
        Source: Stellar MLS #L4958191 Report a problem
        1/3/2026Listed for sale$425,000$314/sqft
        Source: Stellar MLS #L4958191 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,519 +9.9%$112,109 +10%
        2024$2,292 +5.2%$101,917 +10%
        2023$2,178 +14.3%$92,652 +10%
        2022$1,905 +14.3%$84,229 +10%
        2021$1,666 +11.2%$76,572 +10%
        2020$1,498 +11.6%$69,611 +10%
        2019$1,342 -17.9%$63,283 -15.3%
        2018$1,634 +2.6%$74,722 +42.9%
        2017$1,593 +45.1%$52,300 +10%
        2016$1,098 +4.7%$47,545 +10%
        2015$1,048 +8.1%$43,223 +10%
        2014$970 +16.5%$39,294 +13%
        2013$833 +13.7%$34,780 +8.9%
        2011$733 -24.8%$31,948 -26%
        2010$974 -34.9%$43,192 -29.8%
        2009$1,496 -20.9%$61,548 -27.1%
        2008$1,892 $84,464
        2007-- --
        2005-- --
        2004$1,119 +4.9%--
        2003$1,066 -0.5%$40,860 -3.7%
        2002$1,072 +8.8%$42,430 +8.8%
        2001$985 $39,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33853

        Getting around

        25 / 100
        Car-Dependent
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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