236 Washington Avenue

LAKE WALES, FL 33853

  • 16 Bed(s)
  • 9 Bath(s)
  • 4,123 Sqft
  • 0.35
    Acre(Lot)
$725,000

Description

Amazing opportunity to expand your real estate holdings in fast-growing central florida. lake wales is among the most robust and
exciting cities for investment opportunities, with the city and surrounding polk county expanding rapidly. this 8-plex is always at
capacity in a single-story, single building complex. the major systems of the home have all been recently upgraded. the roof is
brand new, along with the sewer line and many windows. complex was completely remodeled with electric and plumbing in 2022,
and has provided steady cash flow. complex is built to last with concrete block exterior construction on a concrete foundation, not
raised. tenants pay for their own electric and water, so expenses are minimal. low property taxes and 1031 exchange opportunity.

  • Property Type

    Residential

  • Subdivision

    Lake Wales Land Co Sub

  • County

    Polk

  • Style

    Residential

  • AD ID

    46987270

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Property Details

  • Bedroom Information

    • Total Bedroom: 16

    Bathroom Information

    • Total Baths: 9
    • Full Baths: 8
    • Half Baths: 1

    Interior Features

    • Open Floorplan
    • Roof: Shingle
    • Appliances: Cooktop, Range, Refrigerator
    • Laundry Features: Electric Dryer Hookup, Washer Hookup

    Roofing Information

    • Shingle

    Flooring Information

    • Flooring: Tile
    • Construction Materials: Block

    Heating & Cooling

    • Heating: Electric
    • Cooling: Wall/Window Unit(s)
    • WaterSource: Public

  • Building Information

    • Year Built: 1950

    Exterior Features

    • Courtyard
    • Construction Materials: Block
    • Foundation Details: Slab

  • Lot Information

    • Lot Dimensions: 114x134
    • Lot Square Feet: 15355
    • Lot Acres: 0.35

    Property Information

    • Property Type: Residential
    • Sub Type: Half Duplex

  • Listing Price Information

    • Original List Price: $950000

  • Tax Information

    • Annual Tax: $5773.23
    • Tax Year: 2023
    • Parcel Number: 27-29-35-879000-003170

  • Utility Information

    • Cable Connected, Electricity Connected, Water Connected

    Location Information

    • Subdivision: LAKE WALES LAND CO SUB
    • City: LAKE WALES
    • Direction: Take US Highway 27 South to Washington Ave, turn L. Drive .7 miles and the complex is at the intersection of Washington and C St.
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BuyOwner last updated this listing Wed Apr 16 2025

  • MLS: MFRO6243795
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)

is a Home, with 16 bedrooms which is for sale, it has 4,123 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.