$149,999
●
Land -
For Sale
0 LAKE MABEL LOOP RD
LAKE WALES, FL 33898
Studio
0 Bath
$829
Est. Monthly
About This Property
Build your Florida dream home on this beautiful 1.3-acre lakefront
lot located on Lake Mabel Loop in Lake Wales! With direct lake
frontage, plenty of space, and NO HOA, this property gives you the
freedom to create your own private lakefront retreat. Imagine
waking up to peaceful water views, enjoying beautiful Florida
sunsets, and having over an acre of land to make your vision a
reality. Whether you're ready to build now or looking to secure a
special piece of lakefront property for the future, this lot
features a rare combination of acreage, waterfront living, and no
HOA restrictions. Conveniently located near shopping, dining, and
all that Lake Wales has to enjoy. Bring your plans and start
dreaming about life on the lake!
Unit Size
-
Days on Market
44 days
Land Size
1.30 acres
Price per sqft
-
Property Type
Land
Property Taxes
$92
HOA Dues
-
Year Built
-
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (Stellar MLS #S5156662)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2026 | Listed by RE/MAX HERITAGE PROFESSIONALS | $149,999 | |
| Listed by RE/MAX HERITAGE PROFESSIONALS | |||
| Aug 21, 2023 | Sold | ||
| Sold | |||
| Jul 11, 2023 | Listed by PREFERRED REAL ESTATE BROKERS II | $99,000 | |
| Listed by PREFERRED REAL ESTATE BROKERS II | |||
| | |||
|
Picture waking up to a breathtaking sunrises over the tranquil lake, sipping your morning coffee while watching the graceful movements of waterfowl. Along the picturesque shores of Lake Mabel, lies a captivating lakefront lot that beckons with its natural beauty and serene ambiance. This breathtaking parcel of land, perfectly positioned promises a truly idyllic retreat for those seeking relaxation, and the ultimate waterfront living experience.
The lot itself boasts generous dimensions, providing ample space for creating a custom dream home or vacation getaway that seamlessly blends with the surrounding environment.
With its generous lake frontage 100 ft, you'll have unobstructed access to the pristine lake Mabel, perfect for fishing, or simply basking in the sun. The lakefront lot also benefits from its proximity to a vibrant community where you can explore in the range of amenities.
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Property Highlights
Exterior Details
Waterfront Features: Lake Front
Waterbody Name: LAKE MABEL
Building Area Units: Square Feet
Lot Features: Buildable, In County, Oversized Lot, Rural, Unincorporated
Lot Size Area: 1.3
Lot Size Units: Acres
Lot Size Acres: 1.3
Lot Size Square Feet: 56628
Lot Size Dimensions: 100 x 490
Tax Lot: 5
Water Source: Well Required
Financial Details
Tax Annual Amount: $1,099
Utilities Details
Sewer : Septic Needed
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Dundee
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Listed by: Kimberly Jones
RE/MAX HERITAGE PROFESSIONALS
Last Updated: 2 months ago
Data Source: Stellar MLS, MLS# S5156662
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
RE/MAX HERITAGE PROFESSIONALS
Last Updated: 2 months ago
Data Source: Stellar MLS, MLS# S5156662
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017