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302 E Central Avenue

Lake Wales, FL 33853

4 beds
5 baths
2,092 sqft
13,447 sqft lot
$227 per sqft
1916 build
– on site

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Opportunity is knocking with this extraordinary property nestled in the heart of downtown Lake Wales - an area coveted by those seeking a vibrant lifestyle. Welcome to a meticulously maintained and renovated 1916 Arts and Crafts Bungalow home that stands as a testament to timeless elegance. This property offers a rare combination of historic charm and modern amenities, making it a unique and versatile investment. Whether your looking for a new home, a home with income potential, a multi generational home or an income-generating property, the possibilities are endless. The main house boasts 3 bedrooms with 3 en suite bathrooms, there are 2 wood burning fireplaces, a private laundry area and large kitchen. The backyard has tons of space to entertain and enjoy a beautiful pool and deck. The 2 car detached garage has a 1/1 apartment overhead on a separate electricity meter. The pool house could be upgraded into a studio apartment. There is parking in the driveway and in the side alley. The possibilities are endless with this unique property. Don't miss the chance to own a piece of history with this charming downtown residence. Contact us today to explore this exceptional opportunity! Rental income estimates are based on current market conditions and may vary.

Listing courtesy of STELLAR_MLS / DOUGLAS ELLIMAN

Last checked: Checking… • Last updated Nov 19, 2024 •

MLS# U8225380 —

The Building

Year Built:

1916
New Construction:

false
Construction Materials:

Wood Frame
Roof:

Shingle
Foundation Details:

Crawlspace
# of Buildings:

3
Building Area Units:

Square Feet

Interior

Interior Features:

Attic Fan
Fireplace:

true

Room Dimensions

Living Area:

2092
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Heading south on US 27 towards downtown Lake Wales area, turn left on W Central Ave, the second house past the railroad tracks on the right side.
Latitude:

27.900925
Longitude:

-81.585253
Coordinates:

-81.585253, 27.900925

The Property

Parcel Number:

273001883000036090
Property Type:

Residential Income
Property Subtype:

Triplex
Lot Size Acres:

0.31
Lot Size Area:

13447
Lot Size SqFt:

13447
Lot Size Dimensions:

90 x 150
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

R-2
View:

false
Exterior Features:

Fenced
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

x
Additional Parcels:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

9
Tax Block:

36
Tax Legal Description:

LAKE WALES PB 1 PG 88A 88B S1&2 T30 R27 BLK 36 LOT 9 W1/2 & 10
Tax Book Number:

1-88A
Tax Annual Amount:

6044.84

Beds

Bedrooms Total:

4

Baths

Total Baths:

5

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

Appliances

Laundry Features:

In Garage

The Community

Subdivision Name:

LAKE WALES
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

true
Pool Features:

In Ground
Pet Restrictions:

check local municipality with regards to local restrictions
Association:

false
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

true
Attached Garage:

false
Garage Spaces:

2
Carport:

false
Covered Spaces:

2

Extra Units

# of Units Total:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
3/15/24 Mar 15, 2024	Sold	STELLAR_MLS	$475,000
2/13/24 Feb 13, 2024	Pending	STELLAR_MLS	$475,000
1/5/24 Jan 5, 2024	Listed / Active	STELLAR_MLS	$475,000

Multifamily Sold on 3/15/2024

$475,000

Listing provided by broker:

Fonda Sabin

DOUGLAS ELLIMAN

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Listing Courtesy of: STELLAR_MLS and DOUGLAS ELLIMAN.

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.

302 E Central Avenue

Lake Wales, FL 33853