Submit an Offer Now!
All fields are required.
236 Washington Avenue, LAKE WALES, FL 33853
Request More Information
  • All fields are required.
  • MLS#: O6234192 ( Residential Income )
  • Street Address: 236 Washington Avenue
  • Viewed: 38
  • Price: $800,000
  • Price sqft: $166
  • Waterfront: No
  • Year Built: 1950
  • Bldg sqft: 4825
  • Bedrooms: 15
  • Total Baths: 9
  • Days On Market: 123
  • Additional Information
  • Geolocation: 27.9133 / -81.5922
  • County: POLK
  • City: LAKE WALES
  • Zipcode: 33853
  • Subdivision: Lake Wales Land Co Sub
  • Provided by: ALABAMA LLC
  • Contact: Erich Spivey
  • 904-276-2555
  • DMCA Notice
  • Description
    Amazing opportunity to expand your real estate holdings in fast growing central Florida. Lake Wales is among the most robust and exciting cities for investment opportunities, with the city and surrounding Polk County expanding rapidly. This 8 plex is always at capacity in a single story, single building complex. The major systems of the home have all been recently upgraded. The roof is BRAND NEW, along with the sewer line and many windows. Complex was completely remodeled with electric and plumbing in 2022, and has provided steady cash flow. Complex is built to last with concrete block exterior construction on a concrete foundation, not raised. Tenants pay for their own electric and water, so expenses are minimal. Low property taxes and 1031 exchange opportunity.
Payment Calculator
  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-

  •   Monthly -
Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Courtyard
  • Flooring: Tile
  • Living Area: 4123.00
  • Roof: Shingle
Land Information
  • Lot Features: Corner Lot, Paved
Garage and Parking
  • Garage Spaces: 0.00
Eco-Communities
  • Green Energy Efficient: Windows
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2023
Rental Information
  • Tenant Pays: Electricity, Water
Other Features
  • Appliances: Convection Oven, Electric Water Heater, Refrigerator
  • Country: US
  • Interior Features: Open Floorplan
  • Legal Description: LAKE WALES LAND CO SUB PB 5 PG 11 BLK 3 LOTS 17 & 18
  • Levels: One
  • Area Major: 33853 - Lake Wales South
  • Occupant Type: Tenant
  • Parcel Number: 27-29-35-879000-003170
  • Views: 38
  • Zoning Code: R-3
  1. Tropic Shores Realty
  2. A Winning Team
  3. 352.684.7371
  4. tropicshoresrealty@gmail.com