107 A ST, Lake Wales, FL 33853
$390,000
Est. payment /mo
$399,000
2.3%
Est.Price: ?

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6 Beds
6 Baths
2,880 SqFt
SOLD DATE : 03/24/2026

Key Details

Sold Price $390,000

Property Type Multi-Family

Sub Type Multi-Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 2,880 sqft

Price per Sqft $135

Subdivision Lake Wales Land Co Sub

MLS Listing ID O6368979

Bedrooms 6

Year Built 1950

Annual Tax Amount $5,909

Lot Size 0.310 Acres

Property Sub-Type Multi-Family 5+

Property 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.

Location

State FL

County Polk

Community Lake Wales Land Co Sub

Area 33853 - Lake Wales South

Zoning C-2

Interior

Heating Electric, Ductless

Cooling Wall/Window Unit(s)

Flooring Tile

Laundry None

Exterior

Exterior Feature Sidewalk

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Trees/Woods

Roof Type Membrane

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Schools

Elementary Schools Spook Hill Elem

Middle Schools Mclaughlin Middle

High Schools Frostproof Middle - Senior High

Others

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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Stellar MLS
Listed by Marc George KELLER WILLIAMS REALTY AT THE PARKS
Bought with Tito Urbano Perez FLORIDA REALTY INVESTMENTS

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Marc George

Marc George

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TEAM LEADER | SLSL3188045

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