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303 E Polk Avenue

Lake Wales, FL 33853

– beds
– baths
3,669 sqft
~1/2 acre lot
$149 per sqft
1925 build
– on site

**Buyers financing fell through***Looking for an investment opportunity look no further! This single family home also has a detached duplex 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 duplex with 2 studios and 2 bathrooms. There are also two additional single family homes that are both 1 bedroom and 1 bathroom. The monthly rents total $6,635.00 and an annual gross income of $79,620.00. So call today to get in on the action before this amazing opportunity slips away!

Listing courtesy of STELLAR_MLS / KELLER WILLIAMS REALTY SMART 1

Last checked: Checking… • Last updated Oct 29, 2024 •

MLS# L4944595 —

The Building

Year Built:

1925
New Construction:

false
Construction Materials:

Wood Frame
Roof:

Shingle
Foundation Details:

Crawlspace
# of Buildings:

4
Building Area Total:

4116
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Other
Fireplace:

false

Room Dimensions

Living Area:

3669
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

FROM HWY 60 TURN ONTO W POLK AVE PROPERTY WILL BE AHEAD ON LEFT
Latitude:

27.896925
Longitude:

-81.585153
Coordinates:

-81.585153, 27.896925

The Property

Parcel Number:

273001883000050060
Property Type:

Residential Income
Property Subtype:

Quadruplex
Lot Size Acres:

0.62
Lot Size Area:

26990
Lot Size SqFt:

26990
Lot Size Dimensions:

150 x 180
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:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

6
Tax Block:

50
Tax Legal Description:

LAKE WALES PB 1 PG 88A 88B S1&2 T30 R27 BLK 50 LOTS 6 & 7
Tax Book Number:

1-88A
Tax Annual Amount:

6581.78

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/L4944595
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Electricity Connected
Sewer:

Public Sewer

Appliances

Laundry Features:

Inside

The Community

Subdivision Name:

LAKE WALES
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:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Frontier

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
8/14/24 Aug 14, 2024	Price Changed	STELLAR_MLS	$549,900	-3.5%
8/5/24 Aug 5, 2024	Relisted	STELLAR_MLS	$570,000
7/16/24 Jul 16, 2024	Pending	STELLAR_MLS	$570,000

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This multifamily located in Downtown Lake Wales, Lake Wales, FL 33853 is currently for sale for $549,900. 303 E Polk Avenue is a 3,669 square foot multifamily with – beds and – baths that has been on Estately for 193 days. 303 E Polk Avenue is in the Downtown Lake Wales neighborhood of Lake Wales and has a WalkScore® of 69, making it somewhat walkable. This multifamily is in the attendance area of Bartow Elementary Academy, Bartow Senior High School, Union Academy Middle Magnet, Frostproof Ben Hill Griffin Jr Elementary School, and Mclaughlin Middle School And Fine Arts Academy.

Listing Courtesy of: STELLAR_MLS and KELLER WILLIAMS REALTY SMART 1.

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.