303 E Polk Avenue, Lake Wales, FL 33853
- $480,000
- 5
- BD
- 6
- BA
- 3,669
- SqFt
- Sold Price
- $480,000
- List Price
- $486,460
- Status
- Sold
- Days on Market
- 483
- Closing Date
- Oct 01, 2025
- MLS#
- L4944595
- Property Style
- Quadruplex
- Year Built
- 1925
- Bedrooms
- 5
- Bathrooms
- 6
- Living Area
- 3,669
- Lot Size
- 26,990
- Acres
- 0.62
- Total Acreage
- 1/2 to less than 1
- Legal Subdivision Name
- Lake Wales
- MLS Area Major
- Lake Wales South
Property Description
***PRICE REDUCTION***Looking for an investment opportunity look no further! This single family home also has a detached 1 bedroom 2 bathroom unit, and 2 additional tiny homes. This oversized lot is nestled in the heart of Lake Wales just minutes from downtown. The single family home is nearly 2,300 living sq. ft. and is currently used for student housing. The main house has 5 bedrooms 2 bathrooms. The detached efficiency with 1 bed and 2 bathrooms. There are also two additional single family homes that are both 1 bedroom and 1 bathroom. The monthly rents total $6,900.00 and an annual gross income of $82,800.00. So call today to get in on the action before this amazing opportunity slips away!
Additional Information
- Taxes
- $6581
- Community Features
- No Deed Restriction
- Zoning
- C-2
- Interior Layout
- Other
- Interior Features
- Other
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Heating
- Central, Ductless
- Air Conditioning
- Central Air, Wall/Window Unit(s)
- Exterior Construction
- Frame
- Exterior Features
- Other
- Roof
- Shingle
- Foundation
- Crawlspace, Slab
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 27-30-01-883000-050060
- Legal Description
- LAKE WALES PB 1 PG 88A 88B S1&2 T30 R27 BLK 50 LOTS 6 & 7
Listing courtesy of KELLER WILLIAMS REALTY SMART 1. 863-508-3000
Selling Office: AGILE GROUP REALTY.Mortgage Calculator
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