Price Reduction
Address
3818 Red Oak Court, LAKE WALES, FL
Price
$ 489,000
Property Attributes
- MLS#O6414909
- TypeSingle Family
- Listing Status Active
- CountyPolk
- CityLAKE WALES
- AreaLake Wales
- NeighborhoodCOUNTRY OAKS ESTATES
- Zip33898
- StyleSingle Family Residence
- Year Built1994
- Taxes$ 4052
- Price$ 489,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms2
- Sqr Footage2160
- Lot Size0.52 Acres
Data Source:
Stellar MLS
Property Description
Excellent investment opportunity in the growing Lake Wales market! This fully occupied duplex offers immediate cash flow with both units currently tenant-occupied, making it the perfect addition to an investor's portfolio. Each side of this well-maintained duplex features 2 bedrooms, 1.5 bathrooms, and approximately 1,080 square feet of living space, providing spacious and comfortable accommodations for tenants. With a total of 2,160 square feet, the property offers strong rental appeal and consistent income potential. Skip the hassle and expense of finding tenants—both units are already occupied and generating income from day one. Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a turnkey rental property, this duplex presents a rare opportunity to acquire a stabilized asset in a desirable Central Florida location. Don't miss your chance to own a cash-flowing duplex with built-in income and long-term investment potential.
| Elementary School | Middle School | High School |
|---|---|---|
| Spook Hill Elem Elementary School | McLaughlin Academy Of Excellence Middle School | Lake Wales Senior High High School |
| Price History | |
|---|---|
| 6/8/2026 | Listed $489,900 |
| 7/13/2026 | Listed $489,400 |
| 8/18/2026 | Listed $489,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Utilities | Cable Connected,Natural Gas Connected,Water Connected |
| Roof | Shingle |
| Appliances | Convection Oven,Dishwasher,Range Hood,Refrigerator |
| Garage Spaces | 2 |
| Construction Materials | Concrete |
| Year Built | 1994 |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| County | Polk |
| New Construction | false |
| Property Type | Residential |
| Attached Garage | true |
| Subdivision Name | COUNTRY OAKS ESTATES |
| Facing Direction | Northeast |
| Garage Y/N | true |
| Total Rooms | 11 |
| Full Baths | 2 |
| Status | Active |
| Directions | From downtown Lake Wales, head East on E. Central Ave. Take a Left on N. Lakeshore Blvd. and another Left on Tower Blvd. Take a Right (East) on Burns Ave (17). Right on Mammoth Grove Rd. Right on Capps Rd and finally a Left on Red Oak Ct. |
| High School | Lake Wales Senior High |
| City | LAKE WALES |
| Senior Community Y/N | false |
| MLS Area | 33898 - Lake Wales |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 22446 |
| Carport Y/N | false |
| Elementary School | Spook Hill Elem |
| Land Lease Y/N | false |
| Tax Annual Amount | 4052.58 |
| Middle/Junior High School | McLaughlin Academy Of Excellence |
| Additional Parcels Y/N | false |
| Lease Considered Y/N | true |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/O6414909 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Tax Lot | 98 |
| Legal Description | COUNTRY OAKS ESTATES UNIT 6 PB 75 PG 19 LOT 98 LESS BEG NW COR LOT 98 N89-30-10E 183.49 FT TO NE COR OF LOT 98 S0-02-27E 16 FT N85-30-34W 184.05 FT TO POB |
| Minimum Lease | 1-2 Years |
| Water Access Y/N | false |
| Water View Y/N | false |
| Flood Zone Code | X |
| In Law Suite YN | false |
| Flood Zone Code X | Yes |
| DockY/N | false |
Interior Features
| Interior Amenities | Thermostat,Window Treatments |
|---|---|
| Flooring | Laminate |
| Furnished Y/N | Unfurnished |
| Total Stories | 2 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | false |
| Half Baths | 2 |
| Laundry Features | Electric Dryer Hookup,In Garage,Washer Hookup |
| Total Bedrooms | 4 |
| LivingAreaSource | Public Records |
| Total Baths | 4 |
Exterior Features
| Exterior Amenities | Lighting,Private Entrance |
|---|---|
| Water Source | Public |
| Lot Size Area | 22446 |
| Foundation Details | Slab |
| Building Area Total | 2806 |
| Lot Dimensions | 108 x 200 |
| Lot Size Acres | 0.52 |
| Road Surface Type | Concrete |
| Private Pool | false |
| Waterfront Y/N | false |
| Covered Spaces | 2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33898
Price
Taxes
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.
Updated on September 14, 2026 2:33 PM UTC
