Condo / High-rise home in LAKE WALES, FL
This 1,185-square-foot Condo condo in LAKE WALES, FL includes 2 bedrooms and 2 bathrooms. Standout details include swimming pool, open floor plan, and walk-in closet.
| Price | $139,900 |
|---|
| Beds | 2 |
|---|
| Baths | 2 |
|---|
| Sqft | 1185 |
|---|
| Architectural style | Condo / High-rise (62% match) |
|---|
| Address | 2809 Granada Court Unit 2809, LAKE WALES, FL 33898 |
|---|
Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Features: open floor plan, swimming pool, walk-in closet.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced below comparable homes.
- At $140K, this home is 44% below the $250K median for 367 similar Condo / High-rise homes in Minneapolis, MN.
- That works out to $118 per square foot, 52% below the $244 comparable rate.
- On the market 20 days.
| This home | $139,900 |
|---|
| Condo / High-rise median in Minneapolis, MN | $250,000 (367 homes) |
|---|
| Price per sq ft | $118 vs. $244 comps median |
|---|
It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $924/month with 20% down at a 7.28% 30-year fixed rate. You would need about $39,614 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $766/mo |
|---|
| Property tax (new-buyer reassessed rate) | $106/mo |
|---|
| Homeowners insurance | $52/mo |
|---|
| Total monthly | $924/mo |
|---|
| Down payment (20%) | $27,980 |
|---|
| Income needed | $39,614/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B+ (76 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B+ (76/100) |
|---|
| Beats renting in | 39% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $84,817 |
|---|
| Range (10th to 90th pct) | $55,033 to $121,541 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Miami, FL where local data is thin.
Local home values
Typical home values in Minneapolis, MN have risen about 11% over the past 5 years (+2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Estately