Property
ActiveResidential
1/40
$489,900

3818 RED OAK COURT

Lake Wales, FL 33898
4
Beds
4
Baths
2,160
SqFt
0.52
Acres
STELLAR
#O6414909
Updated: Jun 15, 2026, 7:38pm

Property Description

Excellent investment opportunity in the growing Lake Wales market! This fully occupied duplex offers immediate cash flow with both units currently tenant-occupied, making it the perfect addition to an investor's portfolio.

Each side of this well-maintained duplex features 2 bedrooms, 1.5 bathrooms, and approximately 1,080 square feet of living space, providing spacious and comfortable accommodations for tenants. With a total of 2,160 square feet, the property offers strong rental appeal and consistent income potential.

Skip the hassle and expense of finding tenants—both units are already occupied and generating income from day one. Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a turnkey rental property, this duplex presents a rare opportunity to acquire a stabilized asset in a desirable Central Florida location.

Don't miss your chance to own a cash-flowing duplex with built-in income and long-term investment potential.
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Included Appliances
Convection OvenDishwasherRange HoodRefrigerator

Property Details

Interior
Appliances
Convection OvenDishwasherRange HoodRefrigerator
Bathrooms Total Decimal
3
Building Area Total
2806
Cooling
Central Air
Flooring
Laminate
Furnished
Unfurnished
Heating
Central
Interior Features
ThermostatWindow Treatments
Laundry Features
Electric Dryer HookupIn GarageWasher Hookup
Living Area
2160
Rooms Total
11
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Concrete
Direction Faces
Northeast
Foundation Details
Slab
Levels
Two
Living Area Source
Public Records
Living Area Units
Square Feet
Roof
Shingle
Stories Total
2
Year Built
1994
Site & Exterior
Covered Spaces
2
Exterior Features
LightingPrivate Entrance
Flood Zone Code
X
Garage Spaces
2
I D X Participation
Yes
Lot Size Acres
0.52
Lot Size Area
22446
Lot Size Dimensions
108 x 200
Lot Size Square Feet
22446
Lot Size Units
Square Feet
Public Survey Range
28
Public Survey Section
33
Road Surface Type
Concrete
Sewer
Septic Tank
Total Acreage
1/2 to less than 1
Utilities
Cable ConnectedNatural Gas ConnectedWater Connected
Water Source
Public
Financials
Calculated List Price By Calculated Sq Ft
226.81
Contract Status Change Date
2026-06-08
Current Price
489900
Feed Types
BBO
Lease Considered
Yes
Lease Expiration
2027-04-30
Minimum Lease
1-2 Years
Owner Name
SIREESHA BHUSHAN & PHANI BHUSHAN AVADHANAM
Ownership
Fee Simple
Parcel Number
282933937792000980
Public Survey Township
29
Tax Annual Amount
4052.58
Tax Book Number
75-19
Tax Legal Description
COUNTRY OAKS ESTATES UNIT 6 PB 75 PG 19 LOT 98 LESS BEG NW COR LOT 98 N89-30-10E 183.49 FT TO NE COR OF LOT 98 S0-02-27E 16 FT N85-30-34W 184.05 FT TO POB
Tax Lot
98
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33898 - Lake Wales
Subdivision Name
COUNTRY OAKS ESTATES
Schools
Ratings
Elementary
Spook Hill Elem
Middle
McLaughlin Academy Of Excellence
High
Lake Wales Senior High
Listing provided courtesy of STELLAR via IDX. Updated: Jun 15, 2026, 7:38pm.
Jason Hamilton

Listing Agent

THE REALTY MEDICS

Call Agent