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$299,999
Lincoln Park Add SubDv. 33853 Zip Code
Excellent investment opportunity in the heart of Lake Wales! This fully occupied (with one vacant unit ready for lease or owner use) 4-unit multifamily property offers immediate income potential with value-add upside. The property consists of four separate units with a desirable tenant mix. Unit 1 is leased through October 17, Units 2 and 4 are on month-to-month leases, providing flexibility for future rent adjustments, and Unit 3 is currently vacant, making it ideal for an owner-occupant or to lease at current market rates. Conveniently located near shopping, dining, schools, and major roadways, this property is well-positioned for long-term rental demand. Whether you're looking to expand your investment portfolio or start generating rental income, this multifamily property offers a great combination of cash flow, flexibility, and future potential. Property is occupied, please do not approach the property without coordinating with LA.

130 D Street Unit 1,2,3,4, Lake Wales

$210,000
3 Beds 2 Baths Ridge Manor SubDv. 33853 Zip Code
This 3/2/1 concrete block house sits on a corner lot with a fenced yard. A deck was added at the front for outdoor enjoyment and a view of Lake Belle. Upon entering the home you'll notice the beautiful wood flooring in the spacious living room. Kitchen has lots of counter space, a desk nook, breakfast nook and solid wood cabinets, plus comes with all the appliances. The large separate dining room is perfect for holiday meals for the entire family. The owners suite has an ensuite bathroom with a tub and shower combo that has a luxurious rainfall shower, while the guest bathroom has a tub and shower combo and a vanity with dual sinks. The one-car garage has an electric garage door for your convenience, and the large adjacent laundry room comes complete with a washer and dryer. Upgrades made within the last two years include a new HVAC, new double paned windows, new front door, new drain field and new insulation was blown into the attic for added comfort. With all this home has to offer, it won't last long, so call now to schedule your private tour.

231 Ridge Manor Drive, Lake Wales

$170,000
2 Beds 2 Baths Carolton Manor SubDv. 33853 Zip Code
Nestled along the peaceful shores of Lake Belle on the quiet edge of Lake Wales, this cozy 2-bedroom, 2-bath home offers the perfect blend of comfort, convenience, and lakefront charm. The open floor plan creates an inviting atmosphere, while large windows capture beautiful lake views and bring in an abundance of natural light. Whether you’re searching for a relaxing winter retreat or full-time waterfront living, this little gem is full of possibilities. Enjoy the serenity of lakeside living while still being just minutes from shopping, restaurants, medical facilities, and convenient commuting routes. Currently tenant occupied through January, making this an excellent opportunity to plan ahead for your future lakefront escape!

1125 Peninsular Drive, Lake Wales

$199,900
3 Beds 2 Baths Orange Center Sub SubDv. 33853 Zip Code
One or more photo(s) has been virtually staged. PRICED TO SELL Welcome to 131 W Crystal, a large fenced corner lot (C-2 ) almost a quarter of an acre that combines practicality and investment potential. This 3-bedroom, 2-bathroom recently refreshed home presents a great opportunity for a home owner or for those seeking an income property. In Polk county just off highway 27 near Lego land and significant local businesses. Motivated Seller: making this an excellent opportunity. Income Potential: This multi use property would be a nice home, investment opportunity or more considering it's zoning (C-2) Plenty of room in the yard for boat/trailer, other equipment or could be used as an income /rental. Other Upgrades: The house has undergone additional upgrades, enhancing its functionality and modernizing the living spaces. Great Location: Situated in a desirable location, this home offers easy access to local amenities, schools, and transportation options. Whether you're a homeowner looking for a comfortable residence or an investor searching for a property with income potential, 131 W Crystal is worth exploring. Don't miss the chance to own a property with various upgrades, all while enjoying the convenience of a motivated seller.

131 W Crystal Avenue, Lake Wales

$360,000
4 Beds 2 Baths Shephards SubDv. 33853 Zip Code
***PRICE IMPROVEMENT!!!!****BRAND NEW CONSTRUCTION – NO HOA! NO CDD!! TAKE ADVANTAGE, MOTIVATED SELLER OFFERING UP TO $10,000 IN BUYER CONCESSIONS---PERFECT FOR CLOSING COSTS OR INTEREST RATE BUY DOWN!! Welcome to this beautifully designed 4-bedroom, 2-bath modern home offering style, comfort, and functionality. This open-concept floor plan is perfect for entertaining and everyday living, featuring ceramic tile flooring throughout the entire home for easy maintenance and a seamless look. The spacious living area showcases elegant tray ceilings and eye-catching chandeliers that add a touch of luxury. The kitchen is designed to impress with quartz countertops, ample cabinetry, and a full appliance package including refrigerator, stove/range, microwave, and dishwasher. The private primary suite offers a spa-like en suite bathroom complete with a sleek walk-in shower and modern finishes. Three additional bedrooms provide flexibility for family, guests, or a home office. Bonus Update: Pavers were recently added to the backyard, creating the perfect space for outdoor entertainment and relaxing! Enjoy the benefits of new construction with contemporary design elements, energy efficiency, and peace of mind — all with NO HOA restrictions. This move-in-ready home combines modern elegance with everyday convenience. Schedule your showing today!

310 Gibson Avenue, Lake Wales

$225,000
3 Beds 2 Baths Cary Walters Sub SubDv. 33853 Zip Code
Virtually Staged. Wow! Hurry on this one-of-a-kind 3-bedroom, 2-bathroom home that perfectly blends historic character with comprehensive modern updates. The property has undergone extensive renovations, including new exterior stucco and paint, new windows and doors, lighting, and fresh interior paint throughout. The interior features new luxury flooring, new carpet in the bedrooms, fully updated bathrooms and a modern kitchen, and the list goes on! Additional highlights include high ceilings, a separate utility room, natural gas connectivity, a decorative fireplace in the living room, a spacious dining room, and an attached covered carport. Located just outside of revitalized downtown Lake Wales, this home is ideally situated near local shops, restaurants, and entertainment. As part of a Community Redevelopment Area, the property offers a unique opportunity to join a vibrant neighborhood where many nearby residential and commercial properties are also undergoing exciting renovations.

129 W Park Avenue, Lake Wales

$305,000
2 Beds 3 Baths Lake Wales SubDv. 33853 Zip Code
Reduced price! Motivated seller! High-Yield Turnkey Triplex with 2024 Upgrades! Investors, seize this rare income-producing asset generating $3,000 in gross monthly revenue with an exceptionally low expense profile. Situated on a spacious 0.31-acre lot, this property offers the perfect blend of density and privacy across two solid brick residential buildings. Major 2024 Capital Upgrade: A Brand New Roof was installed across the property in 2024, providing years of worry-free ownership. Both primary buildings are equipped with Central AC to ensure maximum tenant comfort and retention. The Layout:425 E Sessoms Ave: A standalone 1-bedroom, 1-bathroom cottage (685 sq ft) featuring a private 90 sq ft finished screened porch and a classic fireplace. 427 E Sessoms Ave (Front): A private 1-bedroom, 1-bathroom suite with its own dedicated front entrance and porch. 427 E Sessoms Ave (Rear): A secluded private studio with a separate side/rear entrance for ultimate tenant privacy. Bonus Value: A detached large storage building at the rear includes an on-site laundry room, a high-demand amenity that adds significant utility. Built with common brick exterior walls, this property is designed for low-maintenance, long-term performance. With an annual gross income of $36,000 and minimal overhead, this "Cash Cow" is ready for Day 1 operations. Schedule your showing today!

425 E Sessoms Avenue, Lake Wales

$305,000
3 Beds 3 Baths Lake Wales SubDv. 33853 Zip Code
Just reduced the price! the seller is motivated on this Versatile Property with Multiple Living Spaces, New Roof, and Endless Possibilities Discover a unique opportunity at 425 E Sessoms Ave in Lake Wales. Situated on a spacious 0.31-acre lot, this property features two solid brick residential buildings and three separate living spaces, offering exceptional flexibility for homeowners, investors, multi-generational families, or anyone seeking additional room for guests, hobbies, or rental income. Main Cottage (425 E Sessoms Ave) This charming standalone 1-bedroom, 1-bath residence offers approximately 685 square feet of comfortable living space. Inside, you’ll find a cozy fireplace and a finished screened porch, creating the perfect spot to relax with morning coffee or unwind at the end of the day. Second Residential Building (427 E Sessoms Ave) The rear building is configured into two separate living areas: * Front Suite: Private 1-bedroom, 1-bath unit with its own entrance and welcoming front porch. * Rear Studio: Secluded studio space featuring a separate side entrance for added privacy. Recent Improvements & Features * Brand-new roof installed in 2024 * Central air conditioning in both residential buildings * Detached storage building with dedicated laundry room * Durable brick construction for low-maintenance ownership * Spacious 0.31-acre lot with room to enjoy outdoor living

425 E Sessoms Avenue, Lake Wales

$290,000
5 Beds 2 Baths Ridge Manor SubDv. 33853 Zip Code
Welcome to 651 Lorraine Circle! Great investment opportunity! This property is currently tenant-occupied, making it an excellent option for investors seeking immediate rental income. This beautifully maintained home is located in the heart of Lake Wales, an up-and-coming area known for its family-friendly atmosphere and great schools. Convenience is key—you’re just minutes from shopping, dining, medical centers, and local attractions, all while enjoying a quiet residential setting. Major updates already done for you! The roof, water heater, and AC were all replaced about two years ago, offering peace of mind and lower maintenance costs. Whether you’re expanding your portfolio or planning for future use, this property offers incredible potential in a growing community with easy access to major highways.

651 Lorraine Circle, Lake Wales

$1,650,000
6 Beds 10 Baths Lake Wales SubDv. 33853 Zip Code
Truly rare opportunity to own a piece of Lake Wales History and the painstaking task of historic preservation has already been done! Built in 1915, the J.T. Rhodes Building was one of the first two brick-and-mortar buildings in Lake Wales. The City owes its origin to the building, where the villagers gathered upstairs in what was then the Masonic Hall on the night of April 27, 1917 to sign a petition to the Legislature for the issuance of a city charter. The Legislature responded by incorporating the City, whose charter was signed into law by Governor Sidney J. Catts on May 28, 1917. This amazing piece of architecture is home to one of the few mixed-use buildings in downtown. Downstairs are 2 commercial suites, with long term tenants in place! Upstairs you will find 4 well-appointed and thoughtfully designed apartments! All of the apartments have in unit laundry, modern kitchens with all new appliances, original hardwood flooring, timeless baths, spacious rooms and high ceilings... all while maintaining the historic character & charm! The completion of this building is perfectly timed with the revitalization of downtown Lake Wales, the property is positioned at the heart of the city's walkable new streetscape - complete with brick paved streets, lush park-like settings and a growing calendar of community events! The City is in the process of designating downtown Lake Wales an Arts, Cultural & Entertainment (ACE) District which will provide an environment welcoming growth and promoting prosperity! The investment in this renovation and historic preservation is unmatched, with no detail overlooked. The goal was to preserve this piece of history for the next 100 years and every decision was made with that long term vision.... An invaluable gift to the person lucky enough to be the new owner, entrusted with the legacy of the J. T. Rhodes building!

244 E Park Avenue, Lake Wales

$249,500
3 Beds 2 Baths Fresco Park Pb 33 Pg 20 SubDv. 33853 Zip Code
MOTIVATED SELL OFFER NEW PRICING, $249,500, PRESENTS A STRONG VALUE IN THIS PRICE RANGE - LAKE WALES CRA OFFERS DOWN PAYMENT ASSISTANCE WITH THIS PROPERTY. BUYERS MUST APPLY AND QUALIFY. This is a brand-new 2025 home built for everyday living, not for show. It’s a simple, functional 3-bedroom, 2-bath layout in Lake Wales with the kind of features people actually use. When you walk in, the open floor plan makes everything feel connected—the kitchen, the living area, and the space you’ll probably spend most of your time in. The kitchen has a big island, two pantries, plenty of cabinet space, and new appliances that haven’t seen their first meal yet. Sliding doors bring in natural light and lead out to the backyard for easy indoor-outdoor access. The one-car garage opens right into the main area, which just makes life easier. The split floor plan gives the primary bedroom good privacy, and it comes with its own bathroom. The other two bedrooms sit on the opposite side of the home and share a full bath. If you’re looking for a new build that’s clean, move-in ready, and straightforward, this one fits. It’s a practical home in a growing part of Central Florida, and with CRA down payment assistance available for qualified buyers, it’s an opportunity to get into something brand new without the usual stress.

319 Pearl Street, Lake Wales