303 E Polk Avenue, LAKE WALES, FL 33853

Local realty services provided by:ERA American Suncoast
#1#2#3
303 E Polk Avenue,LAKE WALES, FL 33853
$501,505
Virtual Tour
  • 5 Beds
  • 6 Baths
  • 3,669 sq. ft.
  • Multi-family
  • Active
Listed by:matt mesimer
Office:keller williams realty smart 1
MLS#:L4944595
Source:MFRMLS

Price summary

  • Price:$501,505
  • Price per sq. ft.:$121.84

About this home

***PRICE REDUCTION***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 efficiency with 1 bed 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!

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Home facts

  • Year built:1925
  • Listing Id #:L4944595
  • Added:467 day(s) ago
  • Updated:August 14, 2025 at 11:37 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:6
  • Living area:3,669 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall/Window Unit(s)
  • Heating:Central, Ductless

Structure and exterior

  • Roof:Shingle
  • Year built:1925
  • Building area:3,669 sq. ft.
  • Lot area:0.62 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$501,505
  • Price per sq. ft.:$121.84
  • Tax amount:$6,582 (2023)
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