Property

1054 STATE ROAD 60 E, Lake Wales, FL 33853

150,000

FHA
$49,096 interest already paid off
3
2
1,410 sqft
Estimated Loan Balance$238,264
Cash to close$0
Est. Monthly PITI$2,043
Initial Loan Amount$252,345
Time on site7 months
Remaining Term26 years, 2 months

Payment Calculator

$2,043

per month

In an assumption, your down payment equals the seller’s equity. You’ll need at least 5% in cash, and the rest can be covered with secondary financing.

Potential Short Sale Opportunity

This property may be available as a short sale, meaning the seller owes more than the current market value. This could present a unique opportunity for buyers, but requires special financing considerations and approval from the lender.

Contact your lender for short sale financing options
Find out if you qualify by applying with our experts.
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Assumed Rate

5.22%
6.71%

Principal & Interest

$1,389 /mo
$1,628 /mo
PatrickRachelMike

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About this home

INVESTORSLOCATIONSPACIOUSNO HOA
Short Sale. Short Sale – Investor / Fixer-Upper Opportunity! Solid 3BR/1.5BA home built in 1950 with 1,544 sq ft on a spacious 0.22-acre lot in Shadow Lawn (NO HOA). Property is being sold strictly AS-IS. Perfect for cash buyers, investors, or flippers looking for equity and potential in a stabilizing market. Prime location near downtown Lake Wales
7 monthsOn UMe
ResidentialProperty Type
1950Year Built
1410 SqftLiving Area
$106Price Per Sqft
$325Monthly Taxes

Listed by • Dee Koulias, MARK SPAIN REAL ESTATE

Property Details

Garage/Carport Information

  • Has Garage
  • No Attached Garage

Parking

  • Features: Garage
  • # of Parking (Total): 1
PatrickRachelMike

Curious About This home?

Book a call with our team and start your journey toward owning this home. We’ll answer your questions and walk you through every step.
No pressure--just real answers from our experts

All information should be verified by the recipient and none is guaranteed as accurate by STELLAR

MLS ID: TB8471784

Listing From: STELLAR

Last updated: 2026-09-02T13:47:22.420Z

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