Located in the established Hibiscus Park neighborhood, this unique property offers a 3-bedroom, 2-bath single-family residence with approximately 1,352 heated square feet, plus a detached secondary dwelling (1 bedroom, 1 bathroom) — ideal for extended family, guests, or potential rental income (buyer to verify rental regulations with the City of Lake Wales).
The main home features original character with wood flooring, public utilities, central heat, and central A/C, along with an electric range, refrigerator, dishwasher, and electric water heater included. The detached unit adds flexibility and value, making this a versatile property for homeowners or investors alike.
Situated on an oversized lot (approx. 0.34 acres), the property provides ample yard space for outdoor enjoyment, future improvements, or added privacy. Zoned R-3 with no HOA and located in Flood Zone X, this home offers both convenience and opportunity.
Just minutes from downtown Lake Wales, shopping, dining, and local amenities. Property sold AS-IS. Buyer to verify zoning, land use, measurements, and ADU details.
| Price | $265,000 | |
| Bedrooms | 3 | |
| Full Baths | 2 | |
| Half Baths | 0 | |
| Total Baths | 2 | |
| Lot Size | 125 x 120 | |
| Lot Size Area | 14867 | |
| Lot Size Area Units | Square Feet | |
| Acres | 0.34 | |
| Property Type | Residential | |
| Sub type | Single Family Residence | |
| MLS Sub type | Single Family Residence | |
| Features | Ninguno | |
| Exterior Features | None | |
| Year Built | 1928 | |
| Subdivision | HIBISCUS PARK | |
| Roof | Shingle | |
| Heating | Central | |
| Foundation | Pillar/Post/Pier | |
| Laundry Features | Electric Dryer Hookup | |
| Directions | From US Hwy 27 in Lake Wales, turn east on Central Ave. Continue to Hibiscus Ave and turn left (north). Property will be ahead on the right at 742 Hibiscus Ave. | |
| County | Polk | |
| Latitude | 27.891387 | |
| Longitude | -81.575376 | |
| Market Area | 33853 – Lake Wales South | |
| Address | 742 HIBISCUS AVENUE, LAKE WALES, FL 33853 | |
| Postal Code | 33853 | |
| City | LAKE WALES | |
| State | FL | |
| Country | United States | |
| Listing Office | LA ROSA REALTY PRESTIGE | |
| Listing Office Phone | 863-940-4850 | |
| Listing Agent | Luis Ortiz | |
| Listing Agent Phone | 863-270-6132 | |
| Special listing conditions | None | |
| Ownership | Fee Simple | |
| Terms | Cash, Conventional | |
| Virtual Tour URL | https://www.propertypanorama.com/instaview/stellar/L4958191 | |
| Days on market | 48 | |
| MLS Status | Active | |
| Listing Date | Jan 2, 2026 | |
| Listing Last Modified | Feb 20, 2026 | |
| Tax ID | 273012918000002010 | |
| Tax Year | 2024 | |
| Tax Annual Amount | 2583 | |
| MLS Area | 33853 – Lake Wales South | |
| MLS # | L4958191 | |
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