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About this home
3348 Omec St is a 1992-built home in Tiotie Beach Estates, Lake Wales. Inside you'll find 4 bedrooms, 3 bathrooms, and 1,400 square feet of living space. Listed at $199,000 (about $142/sqft), 168 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
**NON-QM Financing accepted** Discover a rare Lake Wales opportunity offering TWO HOMES on a spacious half-acre lot, creating exceptional flexibility for MULTI-GENERATIONAL LIVING, rental income, a guest retreat, seasonal living, or an investment property. The MAIN RESIDENCE features 2 bedrooms, 2 bathrooms, 784 square feet, a desirable split-bedroom floor plan, and a cozy fireplace that adds warmth and character. The SECOND HOME offers 2 bedrooms, 1 bathroom, and 616 square feet, providing additional living space and outstanding versatility for extended family, guests, or income-producing potential. BOTH HOMES ARE FULLY FURNISHED, making this a convenient turnkey opportunity. The property is surrounded by lush, established landscaping and includes a large shed with laundry facilities for added storage and functionality. Enjoy the freedom of NO HOA and NO CDD, with plenty of possibilities to make the property your own. Located just minutes from beautiful Lake Rosalie, a 4,500-acre freshwater lake known for excellent bass fishing, boating, and outdoor recreation. Whether you're looking for an investment, a unique family compound, a seasonal retreat, or a property with income potential, this one checks the boxes. Opportunities to own TWO HOMES on a half-acre in such a desirable outdoor setting are hard to find—come see the possibilities for yourself!
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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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
$199,000
$142 per sq ft
Beds and baths
4 beds, 3 baths
Size
1,400 sq ft
Time on market
168 days
Year built
1992
Monthly payment
About $1,366/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,744 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.
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