131 E BAY BOULEVARD S, LAKE WALES, FL, 33859
Active23 days on marketListed Jun 30, 2026MLS #S5152804
About this home
131 E BAY BOULEVARD S
Attention Investors, Flippers & Cash Buyers! Opportunity is knocking in one of Lake Wales’ most convenient locations! Situated just minutes from the highly traveled intersection of Highway 60 and Highway 27, this property offers incredible potential! This home is in need of a complete renovation and is being sold as-is, making it the perfect project for new or experienced investors looking to add value. Just under half an acre on a corner lot with amazing accessibility! Convenient to shopping, restaurants, schools, and major highways Whether you’re looking to renovate and resell, add to your rental portfolio, or explore future possibilities, this property presents an opportunity you won’t want to miss. This property may offer future redevelopment for commercial/industrial zoning potential. Buyers should verify zoning, permitted uses, and redevelopment opportunities with the appropriate local authorities. Do not miss this opportunity!
Facts & features
The home at a glance
3
Bedrooms
1
Bathrooms
1,401
Sqft
0.47 ac
Lot size
1960
Year built
One
Levels
$132
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$1,584 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,584/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−20.4%
$/sqft vs Lake Wales actives
$132 vs $174
Days on market
23 vs 56 typical
Where $132/sqft sits among the 378 Lake Wales actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Lake Wales
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lake Wales. See the full Lake Wales guide →
LAKE WALES 33859 — neighborhood snapshot
Population
10,827
Median age
50.2
Median income
$61,871
Median home value
$200,300
Avg household
2.36
Households w/ children
878
For the school run
Polk County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lake Wales market
$275K → $275K
Lake Wales median sold, yr/yr
96.3%
Sale-to-list ratio (12 mo)
167 of 378
Lake Wales actives have cut their price
Median sold price, Lake Wales, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 26% below the LAKE WALES 33859 median. See the full Lake Wales market guide →
Paper trail
This home's history
Reality check
What actually sold near 131 E BAY BOULEVARD S
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$238,000
126 W NORTHSIDE DRIVE W
3 bd · 2 ba · 1,403 sqft · $170/sqft · 167 DOM
Sold · Mar ’26$281,490
273 HARPER ESTATES CIRCLE
3 bd · 2 ba · 1,447 sqft · $195/sqft · 168 DOM
Sold · Jul ’25$269,900
281 HARPER ESTATES CIRCLE
3 bd · 2 ba · 1,447 sqft · $187/sqft · 214 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 131 E BAY BOULEVARD S — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 131 E BAY BOULEVARD S — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
131 E BAY BOULEVARD S FAQs
What would the monthly payment be for 131 E BAY BOULEVARD S?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,584/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 131 E BAY BOULEVARD S?+
The most recent tax bill on record (2025) was $3,032. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Lake Wales?+
At $185,000, this home is listed about 28% below the Lake Wales median of $256,490. The market section on this page shows how the area is trending.
Which schools are assigned to 131 E BAY BOULEVARD S?+
Spook Hill Elementary School (elementary), Winter Haven Senior High School (high) — Polk County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of KELLER WILLIAMS REALTY SMART 1 · Elizabeth Olivares. MLS #S5152804.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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