846 Sherwood Drive, Lake Wales, FL 33898

$125,000
3
BD
2
BA
1,200
SqFt

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Sold Price
$125,000
List Price
$150,000
Status
Sold
Days on Market
5
Closing Date
Feb 27, 2026
MLS#
TB8475907
Property Style
Single Family
Year Built
1974
Bedrooms
3
Bathrooms
2
Living Area
1,200
Lot Size
10,385
Acres
0.24
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Woodland Hills
MLS Area Major
Lake Wales

Property Description

Investor opportunity in Lake Wales. This 3 bedroom 2 bath home sits on a spacious lot and is being sold as is. Property will require updates and improvements and is ideal for buyers looking to renovate and add value. Cash or owner financing only. Owner financing is available with 7 percent interest on a 30 year amortization with a 7 year balloon. No prepayment penalty during the first 6 years. Forty percent down payment required. Conveniently located with easy access to major roads and nearby amenities. Great opportunity for investors builders or experienced buyers.

Additional Information

Taxes
$594
Minimum Lease
No Minimum
Community Features
No Deed Restriction
Property Description
One Story
Zoning
R-1A
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Floor
Carpet, Tile
Appliances
Dishwasher, Refrigerator
Utilities
Public
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Other
Roof
Shingle
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
28-29-31-937690-003020
Legal Description
WOODLAND HILLS UNIT 1 PB 43 PG 36 BLK C LOT 2

Listing courtesy of DALTON WADE INC. 888-668-8283

Selling Office: DALTON WADE INC.

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