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627 Washington Avenue

Lake Wales, FL 33853

– beds
– baths
2,096 sqft
5,663 sqft lot
$107 per sqft
1966 build
– on site

Looking for an investment opportunity? Well look no further! This duplex is nestled in the beautiful city of Lake Wales. There are tenants currently occupying both units, so you can begin to generate revenue on day one! This property’s generous lot, quiet location, and convenient access to the major interstate roads make it an ideal rental option for tenants seeking flexibility and potential income. Each unit is 2 bedroom and 1 bathroom and are both nearly 1,152 living sq. ft. With monthly rents totaling $2,600 and an annual gross income of $31,200. So call today to get in on the action before this amazing opportunity slips away! NO FLOOD ZONE, NO CDD, NO HOA. Don’t miss this unique opportunity—contact me today to schedule a showing!

Listing courtesy of STELLAR_MLS / TRANSCONTINENTAL REALTY GROUP,

Last checked: Checking… • Last updated Feb 1, 2025 •

MLS# S5119695 —

The Building

Year Built:

1966
New Construction:

false
Construction Materials:

Block
Roof:

Shingle
Foundation Details:

Slab
# of Buildings:

1
Building Area Units:

Square Feet

Interior

Interior Features:

Ceiling Fan(s)
Fireplace:

false

Room Dimensions

Living Area:

2096
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

East-West Expy). Go for 1.25 mi Take the exit toward Florida's Tpke North/Ocala onto Florida's Tpke. Go for 1.73 mi Take exit 267A toward Tampa onto SR-429-TOLL S (Daniel Webster Western Beltway). Go for 22.35 mi Take the exit toward Tampa onto I-4 W (SR-400). Go for 11.38 mi,Take exit 48 toward CR-557 N. Go for 0.41 mi Take the 3rd exit from roundabout onto CR-557 S. Go for 1.36 mi Turn left onto Old Polk City Rd (CR-17). Go for 7.91 mi Turn right onto Hwy 27 (US-27 S). Go for 15.08 mi Turn right onto Washington Ave. Go for 0.28 mi Arrive at Washington Ave.
Latitude:

27.913255
Longitude:

-81.597798
Coordinates:

-81.597798, 27.913255

The Property

Parcel Number:

272934872500007010
Property Type:

Residential Income
Property Subtype:

Duplex
Lot Size Acres:

0.13
Lot Size Area:

5663
Lot Size SqFt:

5663
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
View:

false
Exterior Features:

Private Mailbox
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

x
Additional Parcels:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Legal Description:

WASHINGTON PARK UNIT NO 2 PB 31 PG 57 BLK 7 LOT 1
Tax Book Number:

872500
Tax Annual Amount:

2506.83

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/S5119695
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Septic Tank

Appliances

Laundry Features:

Outside

Schools

Elementary School:

Polk Avenue Elem
Middle Or Junior School:

Mclaughlin Middle
High School:

Lake Wales Senior High

The Community

Subdivision Name:

WASHINGTON PARK UNIT NO 2 PB 31 PG 57
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

true
Carport Spaces:

2
Covered Spaces:

2

Extra Units

# of Units Total:

2

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	% Change
1/30/25 Jan 30, 2025	Listed / Active	STELLAR_MLS	$225,000	81.5% (21.7% / YR)
4/28/21 Apr 28, 2021		STELLAR_MLS	$124,000

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This multifamily located in Fresco Park, Lake Wales, FL 33853 is currently for sale for $225,000. 627 Washington Avenue is a 2,096 square foot multifamily with – beds and – baths that has been on Estately for 3 days. 627 Washington Avenue is in the Fresco Park neighborhood of Lake Wales and has a WalkScore® of 21, making it car-dependent. This multifamily is in the attendance area of Frostproof Middle-Senior High School, Spook Hill Elementary School, Mclaughlin Middle School And Fine Arts Academy, Bartow Elementary Academy, and Union Academy Middle Magnet.

Listing Courtesy of: STELLAR_MLS and TRANSCONTINENTAL REALTY GROUP,.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

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.