3818 Red Oak CT, photo 1
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Overview

4 bd4 ba2,160 sqft2 car garageSingle Family
TypeSingle Family
HOANone listed
Built1994
Lot22,446 sqft
Living area2,160 sqft
Price / sqft$226
Garage2 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

ThermostatWindow TreatmentsLightingPrivate EntranceConvection OvenDishwasherRange HoodRefrigerator

3818 Red Oak CT is a 1994-built home in Country Oaks Estates, Lake Wales. Inside you'll find 4 bedrooms, 4 bathrooms, and 2,160 square feet of living space. Listed at $489,000 (about $226/sqft), 114 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Excellent investment opportunity in the growing Lake Wales market! This duplex offers immediate cash flow with both units currently tenant-occupied, making it the perfect addition to an investor's portfolio. 3818 will remain tenant-occupied until Oct. 2027 and 3820 will be occupied until Oct. 2026. 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.

The essentials

Built
1994
Price / sqft
$226
On market
126 days
Annual tax
$4,053
Flood zone
X · Low risk
Lot
22,446 sqft
Type
Single Family Residence

At a glance

Single family
Built 1994
2 car garage
0.52 acres
Lot size
2,160 sqft
Living area

Payment

Est. monthly payment
$3,132/mo
Down payment (20%)
$97,800
Property taxes
$338/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1994
Lot
22,446 sqft
Cooling
Central Air
Heating
Central
Parking
-
Days on Market
126
Thermostat
Window Treatments
Lighting
Private Entrance
Convection Oven
Dishwasher
Range Hood
Refrigerator
Elementary
Spook Hill Elem
Middle
McLaughlin Academy Of Excellence
High
Lake Wales Senior High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone X
Annual Tax (2025)
$4,053
Parcel #
28-29-33-937792-000980

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Country Oaks Estates
County
Polk
MLS Area
33898 - Lake Wales
Lot Size
22,446 sqft

Price history

Date
Event
Price
8/18/2026
Price change
Source: Stellar MLS #O6414909
$489,000-0.1%
$226/sqft
-
Price change
Source: Stellar MLS #O6414909
$489,400-0.1%
$227/sqft
6/5/2026
Listed for sale
Source: Stellar MLS #O6414909
$489,900
$227/sqft

Neighborhood

3818 Red Oak CT
Lake Wales, FL, 33898 · 33898 - Lake Wales

Market insights

Offer Insights

Choose an offer strength

List price: $489,000
$482,500 – $489,000
98.6% – 100% of listTops out right at the list price
80% of listList price
67 of the last 132 home closings in 33898 landed at this number or higher (51%). The median one sat 75 days before it went under contract, and this one is on day 126 after a $900 cut.

Sample: 132 closed home sales in 33898 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$3,133/mo
Principal & interest$2,550
Property taxes$338
Insurance$245
Down payment20% · $97,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$489,000

$226 per sq ft

Beds and baths

4 beds, 4 baths

Size

2,160 sq ft

Time on market

126 days

Year built

1994

Monthly payment

About $3,132/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,053 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

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Brokered byTHE REALTY MEDICSListing agent: Jason HamiltonListing data from Stellar MLS, MLS# O6414909.

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