315 Ridge Manor Drive, Lake Wales, FL 33853

Lake Wales
Local realty services provided by:ERA Advantage Realty, Inc.
315 Ridge Manor Drive,Lake Wales, FL 33853
$799,000
Virtual Tour
  • 6 Beds
  • 12 Baths
  • 5,030 sq. ft.
  • Multi-family
  • Active
Listed by: dolores vogel
Office: legacy real estate center inc
MLS#:K4903360
Source:MFRMLS

Price summary

  • Price:$799,000
  • Price per sq. ft.:$153.51

About this home

Exceptional 11-Unit Income Opportunity with Strong Rental Appeal! Don’t miss this unique mixed-unit multifamily property offering a versatile unit mix designed to attract a wide range of tenants and help minimize vacancies. With all 11 units currently occupied and long-term leases in place, this property provides immediate and stable income for the savvy investor. Ideally located with convenient access to schools, shopping, medical facilities, and major travel routes including Hwy 27 and SR 60, tenants enjoy easy north/south/east/west commuting—making this a highly desirable rental location. Recent improvements include a new roof and new septic drainfield, offering added peace of mind and reduced near-term capital expenses. Whether you’re expanding your portfolio or seeking your first solid, income-producing asset, this property checks all the boxes. Private showings are now being scheduled—secure your opportunity today!

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1926
  • Listing ID #:K4903360
  • Added:2 day(s) ago
  • Updated:March 23, 2026 at 02:03 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:12
  • Basement Description:Crawlspace
  • Living area:5,030 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Electric, Space Heater

Structure and exterior

  • Roof:Shingle
  • Year built:1926
  • Building area:5,030 sq. ft.
  • Lot area:0.79 Acres
  • Construction Materials:Frame, Stucco
  • Exterior Features:Patio, Porch, Screened
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public, Septic Tank

Finances and disclosures

  • Price:$799,000
  • Price per sq. ft.:$153.51
  • Tax amount:$9,928 (2025)

Features and amenities

  • Laundry features:In Common Area, Laundry Room
  • Amenities:Window Treatments
  • Pool features:Public Pool
MLS LogoThe information being provided by Stellar Mls is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Stellar Mls. ERA Advantage Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of ERA Advantage Realty, Inc., a broker participant of Stellar Mls. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Stellar Mls and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Stellar Mls. All rights reserved.

New listings near 315 Ridge Manor Drive