Waterfront - Golf Course
Address
1854 Highland Park DRIVE S #A-F, LAKE WALES, FL
Price
$ 899,000
Property Attributes
  • MLS#K4902471
  • TypeIncome
  • CountyPOLK
  • CityLAKE WALES
  • AreaLake Wales
  • NeighborhoodHighland Park Sub
  • Zip33898
  • StyleMulti Family
  • Year Built1923
  • Taxes$ 10378
  • Price$ 899,000
  • Bedrooms6
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage4264
  • Lot Size0.99 Acres
Data Source:
Stellar MLS
Property Description

Unique opportunity to own a true LAKEFRONT 6 unit income property! With 100 feet of frontage on Lake Easy and a large one acre lot, this 4660+ square foot Multi-Family property has something to offer for everyone. Located in the quaint village of Highland Park, this location features a community park, walkable streets for afternoon or morning strolls, old growth and mature landscaping everywhere with that nostalgic feeling of a true neighborhood. Access to Lake Easy provides both fishing and recreation with its sandy bottom and panoramic views. This one-of-a-kind property is a must see to appreciate. All units have leases in place with a total monthly income generating approx $6870. There are two 2 bedroom/2 bath downstairs units, both lakefront; two upstairs 1 bedroom/1 bath units, both lakefront; and 2 studio units, with no lakefront views. Most units have been recently updated, with 2 units ready to be refreshed when there is a tenant turnover (which is rare!)

Price History
3/20/2024 Listed $899,000

General Features

Interior Features Ceiling Fan(s),Living Room/Dining Room Combo,Split Bedroom
Sewer Septic Tank
Heating Baseboard,Electric
Cooling Wall/Window Unit(s)
Utilities Cable Available,Electricity Connected,Street Lights,Water Connected
Roof Other,Shingle
Appliances Dryer,Electric Water Heater,Range,Range Hood,Refrigerator,Washer
Exterior Features Outbuilding,Balcony,Other,Rain Gutters,Storage
Zoning R-2
Patio/Porch Features Deck,Patio,Porch
Construction Materials Stucco,Wood Frame
Pets Allowed Yes
Year Built 1923
View Water
Levels Two
Unit Number A-F
Property SubType Multi Family
Tax Year 2023
Percent Ownership Fee Simple
Waterfront Features Lake
Community Features Golf,Park,Playground,Sidewalks
County Polk
New Construction No
Property Type Residential Income
Association Amenities Park,Playground
HOA / Comm Assn No
Attached Garage No
Subdivision Name HIGHLAND PARK SUB
Garage Y/N No
Other Structures Shed(s),Storage
Status Active
Directions From Lake Wales,travel south on Scenic Hwy,turn left into Village of Highland Park,road forks,stay right. Continue through neighborhood keeping right,property is on the right side of the road.
City LAKE WALES
Buyer Agent Compensation 2.5%
Body of Water Lake Easy
Senior Community Y/N No
Total Units 6
MLS Area 33898 - Lake Wales
Lot Size Square Feet 43085
Private Pool No
Waterfront Y/N Yes
Carport Y/N No
Street Name Highland Park
Listing Terms Cash,Conventional
Property Attached Y/N Yes
Tax Annual Amount 10378.05
Public Remarks Unique opportunity to own a true LAKEFRONT 6 unit income property! With 100 feet of frontage on Lake Easy and a large one acre lot,this 4660+ square foot Multi-Family property has something to offer
Ok to Lease 12 Months
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/K4902471
Days on Market 8
Standard Status Active
Tax Lot 69
Legal Description HIGHLAND PARK SUB PB 4 PG 70 S13 T30 R27 IN SEC 24 T30 R27 IN SEC 18 T30 R28 IN SEC 19 T30 R28 LOT 69 & ST SOUTH OF SAME & RIPARIAN RIGHTS
Water View Lake
Water Access Type Lake
Minimum Lease No Minimum
Water Access Y/N Yes
Water View Y/N Yes

Interior Features

Flooring Carpet,Ceramic Tile,Hardwood
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix DRIVE
Laundry Features Common Area,Inside,Laundry Room
Total Bedrooms 6
LivingAreaSource Public Records
Total Baths 8
Living Area Units Square Feet

Exterior Features

Lot Features Gentle Sloping,In County,Landscaped,Street Dead-End
Water Source Private
Lot Size Area 43085
Foundation Details Slab
Number of Buildings 1
Building Area Total 4660
Lot Dimensions 100 x 370
Lot Size Acres 0.99
Road Surface Type Paved,Asphalt
Lot Size Units Square Feet
Road Frontage Type Street Dead-End,Street Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33898

Price
AVG $900K
$900K
Taxes
AVG $10,378
$10,378
Visits
AVG 207
216
Data Provided by Inside Real Estate®
Year Built
AVG 1923
1923

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