Polk County Investment/ Income Opportunity — Sale in Lake Wales, FL

  • Price: $1.2M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Lake Wales, FL 33898
  • Size: 2,829 SF
  • Year built: 1950

Investment Figures

Price per square foot
$424
Price per unit
$400,000 across 3 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Don't miss out on this incredible income Investment Opportunity located on a corner lot just off of the bustling Hwy 60 in Lake Wales Florida. Consisting of a 1,008 Sq Ft Office/ Retail building currently used as a used Car lot and a 1,821 Sq Ft Triplex, this property is fully leased and ready for the new owner to come in and start making an immediate income. Highlights of this property include the paved parking lot, fully fenced property, pylon signage, 4 lane highway frontage, and nearby gas station to bring even more traffic to the area. Current LCC zoning allows for a wealth of options for future use and development. Building SF: 2829 | Land Size: 0.5 Ac | Year Built: 1950 | Listing Type: FOR SALE

Market Context

This multifamily in Lake Wales, FL is listed for sale at $1,200,000 across 2,829 SF. The building dates to 1950. It has been on the market for 70 days. Compare it against other multifamily listings for sale in Lake Wales, FL — view the full market.

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