305 Edgewood BOULEVARD, Lake Wales, FL, 33898 | $134,900

THIS HOME IS PRICED LOWER THAN THE APPRAISED VALUE…This doublewide Homes of Merit manufactured home is located on your land in the vibrant 55+ community of Twin Fountains in Lake Wales. This home features 2 bedrooms, 2 bathrooms, and a spacious Florida room to enjoy your morning coffee. The kitchen has an eat-in dinette on one side and a dining room on the other. The living room is open and welcoming. This home offers a screened-in porch plus a workshop. The AC was replaced in 2022, the roof was replaced in 2018, in 2024 the foundation retrofit was completed to bring this up to date to the new code and hurricane standards, the polybutylene piping was all replaced in 2024 to meet insurance standards, and the flooring in the main parts of the home is new laminate installed in 2023. The Twin Fountains community is a lifestyle tailored for active adults. The $180 monthly fee allows you to enjoy the convenience of water, sewer, lawn maintenance, internet, and cable, plus access to wonderful amenities. The pool is heated for year-round enjoyment or join your neighbors at the clubhouse for activities. Centrally located in Lake Wales, this community offers the perfect blend of countryside living and the availability of essential amenities. Whether you're a seasonal resident or looking to make this your year-round home, this community caters to your needs. Centrally located you'll have the option to explore the beauty of both coasts of Florida, the convenience and close proximity to restaurants, medical facilities, and shopping. Don't miss the opportunity to make this your new home.

Features

  • Amenities: Pool
  • Rooms: 9
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Room
  • Year Built: 1992
  • Garage: Driveway
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,400
  • Acreage: 0.13
  • Est. Taxes: $1,655
  • HOA Fee: $180 Monthly
  • Adult Communities: Yes
  • Pet Policy: Breed Restrictions
  • Appliances: Dishwasher, Range
  • MLS#: L4942362
  • Days on Market: 345 days
  • Website: https://www.raveis.com
    /prop/L4942362/305edgewoodboulevard_lakewales_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 4/17/2025 11:32:09 PM)

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NMLS Mortgage Loan Originator ID 1500191

617.281.4872

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305 Edgewood BOULEVARD, Lake Wales, FL, 33898

$134,900

Avigail Gans

Sales Associate

William Raveis Real Estate

Phone: 339.223.4125

Avigail.Gans@Raveis.com

Kate Rockett

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $107,920 $107,920 $107,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.007% 7.037% 6.152%
Monthly Tax Payment $138 $138 $138
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $673 $709 $903
Total Monthly Payment $886 $922 $1,116

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.