1
  • Property Type
  • Multi-Family 5+, Residential Income
  • 6
  • Bedrooms
  • 6
  • Bathrooms
  • Sqft
  • Area Size
107 A St, Lake Wales, Florida 33853
  • $399,000
  • $425,000

Description

Exceptional Investment Opportunity in Lake Wales Presenting a prime income-producing property located at 107 A Street, perfectly positioned in the heart of Lake Wales. This versatile multi-family asset features a total of six units, all designed as efficient one-bedroom residences, offering a steady and reliable stream of income. With a total heated area of 2, 880 square feet, this building is situated on a spacious 0.31-acre lot zoned C-2, providing both immediate utility and future potential. Constructed with durable concrete block and a low-maintenance membrane roof, the property is built to last. The interior units are finished with practical tile flooring and come equipped with essential appliances, including ranges and refrigerators. Comfort is managed through efficient wall/window cooling units and electric heating. For ease of management, the property is connected to public water and sewer systems and features individual metering for electric, water, and sewer services. Strategically located just minutes from local landmarks and schools like Spook Hill Elementary, this property sits in Flood Zone X, which typically does not require flood insurance.

  • Address: 107 A STREET
  • City: Lake Wales
  • State/county: FL
  • Zip/Postal Code: 33853
  • Country: US

Details

Updated on March 25, 2026 at 3:08 pm
  • Property ID O6368979
  • Price $399,000
  • Land Area 0.31 Acres
  • Bedrooms 6
  • Bathrooms 6
  • Year Built 1950
  • Property Type Multi-Family 5+, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Conventional, FHA, VA Loan
  • Roof Membrane
  • Utilities Electricity Connected, Sewer Connected, Water Connected
  • Sewer Public Sewer
  • Cooling Wall/Window Unit(s)
  • Heating Electric, Ductless
  • Flooring Tile
  • County Polk
  • Property Type Residential Income
  • Elementary School Spook Hill Elem
  • Middle School Mclaughlin Middle
  • High School Frostproof Middle - Senior High

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