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26 & 22 W Polk Ave

Lake Wales, FL 33853

– beds
– baths
2,899 sqft
~1/2 acre lot
$104 per sqft
1925 build
– on site

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Here is a great investment opportunity! Offered are 2 parcels in the heart of Lake Wales. These buildings have been reconfigured into 6 rentable units. 26 w Polk has 4 units and 22 W Polk has 2 units. Four of the five tenants are month to month allowing the new owner to do what work he might want to renew leases and keep the money flowing. Both buildings had new roofs installed in May of 2020. You can find additional information regarding income and expenses in the attachments. The parcels are zoned for commercial use so there are many options for how you can make the highest and best use of the property. Don't wait and miss out on this opportunity!

Listing courtesy of STELLAR_MLS / JPAR COAST TO COAST

Last checked: Checking… • Last updated Sep 7, 2024 •

MLS# O5994814 —

The Building

Year Built:

1925
New Construction:

false
Construction Materials:

Wood Siding
Levels:

One
Roof:

Shingle
Foundation Details:

Crawlspace
# of Buildings:

2
Building Area Total:

2741
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Other
Fireplace:

false

Room Dimensions

Living Area:

2899
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From HWY 27 exit to HWY 60 and then turn left on W polk ave property will be on the left.
Latitude:

27.896866
Longitude:

-81.590703
Coordinates:

-81.590703, 27.896866

The Property

Parcel Number:

273002903500007303
Property Type:

Residential Income
Property Subtype:

Multi Family
Lot Size Acres:

0.55
Lot Size Area:

24049
Lot Size SqFt:

24049
Lot Size Units:

Square Feet
Total Acres:

1/2 to less than 1
Zoning:

C-2
View:

false
Exterior Features:

Other
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

x
Additional Parcels:

true
Additional Parcels Description:

27-30-02-903500-007302
Homestead:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2021
Tax Lot:

3
Tax Block:

7
Tax Legal Description:

TWIN LAKE PARK SUB PB 3 PG 8 BLK 7 LOT 3 W 60 FT OF S 185 FT & LOT 4 E 10 FT OF S 185 FT
Tax Book Number:

3/8
Tax Annual Amount:

1704

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Wall/Window Unit(s)
Cooling:

true

Utilities

Utilities:

Electricity Connected
Sewer:

Public Sewer

Appliances

Appliances:

Range

The Community

Subdivision Name:

TWIN LAKE PARK SUB
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Extra Units

# of Units Total:

6

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Xfinity

Provided by BroadbandNow®

View a full report

Sale history

Date	Event	Source	Price	% Change
2/7/22 Feb 7, 2022	Sold	STELLAR_MLS	$304,000	-7.9%
1/14/22 Jan 14, 2022	Pending	STELLAR_MLS	$330,000
1/6/22 Jan 6, 2022	Listed / Active	STELLAR_MLS	$330,000

Multifamily Sold on 2/7/2022

$304,000

Listing provided by broker:

Tyler Gibson

JPAR COAST TO COAST

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Listing Courtesy of: STELLAR_MLS and JPAR COAST TO COAST.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

26 & 22 W Polk Ave

Lake Wales, FL 33853