7040 TAMARIND DRIVE, Lake Wales, FL, 33898 | $259,900

EVERYTHING ABOUT THIS HOME SAYS WELCOME!! Beautifully updated and very spacious 2 bedroom 2-bathroom single family home in a 55+ great community with very low HOA fee that includes a heated pool, a clubhouse with planned activities, a dog park, fishing tournaments on Lake Pierce, a fitness center, and more. If you like to fish and go boating, Lake Pierce is only a couple of blocks away. There is so much potential here the opportunities are endless! It has a Florida Room on the front, and a Florida room in the back, plus a huge, covered patio in back. The garage and the workshop are enormous with a combined square footage of over 1, 100. You could make an in-law suite, a game room, or add bedrooms and bathrooms, or just love it the way it is! If you enjoy gardening, the backyard is a dream come true. The landscaping is unique and low maintenance. The AC was new in 2024. This home includes double paned windows that is very helpful with electric bills. The inside of the home is beautiful and immaculate. The workshop is air conditioned. There is a breakfast bar, granite countertops, stainless steel appliances. It's a split bedroom plan and the primary bedroom has 3 closets. This home offers so much storage space; you won't have a problem having a place for everything with room to spare. A peaceful setting but close to conveniences like, shopping, restaurants, medical, and the Orlando theme parks and beaches on both sides of the state are all within an hour and a half drive or less. There is so much to boast about that it's impossible to put it all into words. You really must see this home to experience the comfort, relaxation, and possibilities that comes with it. Make your appointment to see this amazing property!

Features

  • Amenities: Clubhouse, Pool
  • Rooms: 10
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: In Garage
  • Year Built: 1999
  • Garage: 2-car Garage Door Opener, Oversized
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 1,216
  • Acreage: 0.17
  • Est. Taxes: $2,196
  • HOA Fee: $60 Monthly
  • Adult Communities: Yes
  • Pet Policy: Breed Restrictions
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: P4937482
  • Days on Market: 13 days
  • Website: https://www.raveis.com
    /prop/P4937482/7040tamarinddrive_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 1/30/2026 12:17:08 PM)
Listing courtesy of Coldwell Banker Realty   Phone: 863-294-7541

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
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Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

7040 TAMARIND DRIVE, Lake Wales, FL, 33898

$259,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $207,920 $207,920 $207,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.990% 5.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.209% 6.168% 5.541%
Monthly Tax Payment $183 $183 $183
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,181 $1,245 $1,671
Total Monthly Payment $1,439 $1,503 $1,929

* 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.