315 Dorsett Avenue, Lake Wales South, FL 33853

$400,000
3
BD
2
BA
1,205
SqFt

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List Price
$400,000
Status
ACTIVE
Days on Market
9
MLS#
P4940335
Subtype
Residential
Style
One Story
New Construction
Yes
Year Built
2026
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,205
Lot Size
6,700
Acres
0.15
Subdivision
Thulberrys Second Sub
MLS Area Major
Lake Wales South

Property Description

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.

Additional Information

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)
Exterior Features
Private Entrance, Rain Gutters, Sidewalk
Financing
Cash, FHA, Special Funding, USDA Loan, VA Loan
Location
Sidewalk
Community Features
Sidewalks, No Deed Restriction
Property Description
One Story
Zoning
IND
Appliances
Dishwasher, Microwave, Range, Refrigerator
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Stucco
Exterior Features
Private Entrance, Rain Gutters, Sidewalk
Levels
One
Roof
Shingle
Foundation
Slab
Parking
Driveway, On Street, Oversized, Parking Pad
Parking Features
Driveway, On Street, Oversized, Parking Pad
Garage Features
Driveway, On Street, Oversized, Parking Pad

Courtesy of FLORIDA REALTY MARKETPLACE

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