236 Washington Avenue
Lake Wales, FL 33853
- 15 beds
- 9 baths
- 4,123 sqft
- 15,355 sqft lot
- $194 per sqft
- 1950 build
- – on site
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.
Listing courtesy of STELLAR_MLS / ALABAMA LLC
Last checked:
Checking…
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Last updated Nov 2, 2024
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MLS# O6234192 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1950
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New Construction:false
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Construction Materials:Block
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Levels:One
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Roof:Shingle
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Foundation Details:Block
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Patio And Porch Features:Covered
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Security Features:Smoke Detector(s)
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# of Buildings:1
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Building Area Total:4825
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Interior Features:Open Floorplan
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Flooring:Tile
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Fireplace:false
Room Dimensions
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Living Area:4123
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions: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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Latitude:27.913347
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Longitude:-81.592207
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Coordinates:-81.592207, 27.913347
The Property
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Parcel Number:272935879000003170
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Property Type:Residential Income
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Property Subtype:Multi Family
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Lot Features:Corner Lot
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Lot Size Acres:0.35
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Lot Size Area:15355
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Lot Size SqFt:15355
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Lot Size Dimensions:114 x 134
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Lot Size Units:Square Feet
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Total Acres:1/4 to less than 1/2
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Zoning:R-3
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View:false
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Exterior Features:Courtyard
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Water Source:Public
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Road Surface Type:Paved
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Road Frontage Type:Street Paved
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Flood Zone Code:X
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Additional Parcels:false
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Lease Restrictions:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (904) 276-2555
- Office phone:
- (904) 276-2555
Taxes
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Tax Year:2023
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Tax Lot:17
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Tax Block:3
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Tax Legal Description:LAKE WALES LAND CO SUB PB 5 PG 11 BLK 3 LOTS 17 & 18
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Tax Book Number:5-11
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Tax Annual Amount:1556
Beds
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Bedrooms Total:15
Baths
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Total Baths:9
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/O6234192
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Special Listing Conditions:None
Heating & Cooling
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Heating:Electric
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Heating:true
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Cooling:Wall/Window Unit(s)
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Cooling:true
Utilities
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Utilities:Cable Connected
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Sewer:Public Sewer
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Green Energy Efficient:Windows
Appliances
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Appliances:Convection Oven
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Laundry Features:Electric Dryer Hookup
The Community
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Subdivision Name:LAKE WALES LAND CO SUB
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Senior Community:false
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Water View:false
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Water Access:false
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Waterfront:false
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Spa:false
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Pool Private:false
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Pets Allowed:Yes
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Association:false
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Ownership:Fee Simple
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Association Approval Required:false
Parking
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Garage:false
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Carport:false
Extra Units
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# of Units Total:8
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/2/24
Nov 2, 2024
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Price Changed | STELLAR_MLS | $800,000 | 128.6% |
10/27/24
Oct 27, 2024
|
Price Changed | STELLAR_MLS | $350,000 | -58.8% |
10/21/24
Oct 21, 2024
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Price Changed | STELLAR_MLS | $850,000 | -10.5% |