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518 Lake Wales Rd

Lake Wales, FL 33859

Lot 3,030,469 sqft land
Most recent sale
$1,231,700
Sep 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 15, 2022 Sold $1,231,700 Public Record
Sep 14, 2022 Sold $1,750,000 IndianRiverCounty
Mar 30, 2022 Price changed $2,434,950 MLS #230881
Feb 3, 2022 Price changed $1,750,000 MLS #230881
Mar 10, 2020 Listed $1,600,000 MLS #230881
Jun 30, 2014 Sold $201,500 Public Record
Aug 5, 2010 Sold $160,000 Public Record
Aug 27, 1999 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $18,208 $366
2024 $18,208 $243
2023 $18,780 $246
2022 $18,780 $249
2021 $19,707 $273
2020 $19,707 $275
2019 $23,515 $338
2018 $23,383 $340
2017 $23,607 $341
2016 $24,403 $360
2015 $24,366 $369
2014 $22,814 $346
2013 $23,947 $371
2012 $25,021 $384
2011 $25,021 $389
2010 $28,320 $448
2009 $27,136 $424
2008 $28,456 $446
2007 $28,456 $443

Property facts

Year built
Property type
land
Stories
Beds
Baths
Living area
Lot size
3,030,469 sqft
ZIP code
33859
City
Lake Wales
Street
Lake Wales Rd
Coordinates
27.90612, -81.64948

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 518 Lake Wales Rd last sell?
518 Lake Wales Rd most recently sold on Sep 15, 2022 for $1,231,700.
What is the current tax assessment for 518 Lake Wales Rd?
The most recent total assessment for 518 Lake Wales Rd (year 2025) is $18,208 with $366 in property tax.
How does 518 Lake Wales Rd's assessment compare to its last sale price?
The current assessment is 98.5% below the last sale price of $1,231,700.
When was 518 Lake Wales Rd built?
The year built for 518 Lake Wales Rd is not in our records.
How does 518 Lake Wales Rd compare to others on Lake Wales Rd?
We track 8 other properties on Lake Wales Rd. Browse the list under "Other properties on Lake Wales Rd" to compare beds, baths, and sale history.
What are the property facts for 518 Lake Wales Rd?
518 Lake Wales Rd is a 3,030,469 sqft lot land.
Is 518 Lake Wales Rd a flip candidate?
No — 518 Lake Wales Rd does not appear in our flips dataset.
Is 518 Lake Wales Rd a tax-appeal candidate?
No — 518 Lake Wales Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.6%
Implied 1-yr
+2.3%
2026 Q3
$179.6K
2026 Q4
$180.6K
ZIP 33859 — Median Price History + Forecast

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