Tour
$3,681 Closing Credit¹
#S5119623, Juan Rodriguez, Listing Office: LPT REALTY, LLC
$299,999 List price
514 Margaret Ln Lake Wales, FL 33853
$3,562
Closing credit¹
3 beds
2 full
1,398 sqft
0.2 acres
$215 / sqft
House
Property details
About 514 Margaret Ln
One or more photo(s) has been virtually staged. USDA ELIGIBLE...Discover a charming and well-maintained 3-bedroom, 2-bathroom home in the heart of Lake Wales, FL. This delightful property offers a spacious open floor plan with plenty of natural light, perfect for entertaining. Located in a peaceful neighborhood with nearby walking and biking trails, you’ll have every reason to stay active and enjoy the natural beauty around you. Just minutes from local shopping, dining, and schools, this home is ideally situated for convenience. Certification: The property has been inspected and certified for quality assurance. 1 or more pictures have been staged.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,398 sqft
Lot size0.18 Acres
Year builtNew Const., 2023
MLS #O6252696
Attached garage2 spaces
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: None
- Flooring Type: Ceramic Tile
- Interior: Open Floorplan, Thermostat, Walk-In Closet(s)
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Exterior: Lighting, Rain Gutters
- Heating: Central
- Cooling: Central Air
- List Price: $299,999
- Price/SqFt: $214
- Annual Tax Amount: $516
- Tax Year: 2023
- Directions: From Highway 27: Head towards Lake Wales on FL-60 W if coming from the north or south. Take the exit towards Lake Wales (Exit 55 if you're on I-4). Merge onto FL-60 W and continue for about 2.5 miles. From FL-60 W: Turn right onto S 11th St and follow it for 1 mile. Take a left onto Burns Ave and continue for about 0.6 miles. From Burns Avenue: Turn right onto Margaret Lane. Drive straight for about 0.3 miles, and you will reach 514 Margaret Lane on the right-hand side.
- Year Built: 2023
- Living Area: 1,398 SqFt
- Lot Size: 0.18 Acres
- MLS Number: O6252696
- MLS Name: MFRMLS
- Office Name: KELLER WILLIAMS ADVANTAGE III REALTY
- Office Phone: (407) 207-0825
- Listing Agent: Antoinette Kelly
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2025, 4:19:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$299,999
514 Margaret Ln
$3,562
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 28, 2021 | Home Sold | $17,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $30,000 | $516 |
| 2022 | $23,000 | $432 |
History based on county public records data.
Nearby schools
4
Spook Hill Elementary School
Public District PK-5
0.4 mi
•321 Dr J A Wiltshire Ave E
3
Polk Avenue Elementary School
Public Charter PK-5
1.1 mi
•110 E Polk Ave
6
Hillcrest Elementary School
Public Charter PK-5
1.1 mi
•1051 State Road 60 E
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,729. Typical income of Lake Wales, FL residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
38%
<35k
47%
35k-100k
10%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
33%
Single, No Kids
17%
Single, with Kids
31%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
10%
12-17 yrs old
19%
18-34 yrs old
37%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
Motocross
NASCAR
Where do the neighbors shop?
Academy Sports & Outdoors
GameStop
Dollar General
Where do the neighbors go to eat?
Little Caesars
Sonic
Cracker Barrel
What do the neighbors drive?
Chevrolet
Jeep
Ram
What do the neighbors listen to?
Country- Classic Country
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 514 Margaret Ln
The listing price of 514 Margaret Ln property is $299,999.
The property 514 Margaret Ln is a house located in Lake Wales, Florida, 33853.
Active Listing: 514 Margaret Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 514 Margaret Ln are: Spook Hill Elementary School (GreatSchools Rating 4/10), Polk Avenue Elementary School (GreatSchools Rating 3/10), Hillcrest Elementary School (GreatSchools Rating 6/10), Edward W Bok Academy North (GreatSchools Rating 5/10), McLaughlin Middle School (GreatSchools Rating 2/10), Bok Academy (GreatSchools Rating 6/10), Lake Wales Senior High School (GreatSchools Rating 4/10), Roosevelt Academy (GreatSchools Rating 2/10), Don E Woods Opportunity Center (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $516 (source: MLS/based on county public records data).
The last sale was on April 28, 2021 for $17,000 (source: MLS/tax record).
The property at 514 Margaret Ln has 3 bedrooms and 2 bathrooms.
The property 514 Margaret Ln is 1,398 SqFt (source: MLS/tax record).
The year of construction for 514 Margaret Ln is 2023.
This home is located at 514 Margaret Ln in Lake Wales, FL and zip code 33853. This 1,398 square foot home, which was built in 2023, sits on a 0.18 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 2, 2024 and is currently priced at $299,999.
In April 2025 more than 8 listings in Lake Wales, FL were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 33 were sold below. The number of homes for sale in Lake Wales, FL decreased by 0.3% between March and April 2025. While the average time on the market in April 2025 was 83 days, the median list price was $284,645.
From Rocket Homes Real Estate and based on county public records data.