Courtesy: LA ROSA REALTY PRESTIGE
863-940-4850
Excellent investment opportunity! This well-maintained duplex features two separate buildings, each offering comfortable living spaces and private entrances. Ideal for investors or owner-occupants, the property provides steady rental potential or the flexibility to live in one unit while generating income from the others. Each unit includes spacious bedrooms, functional kitchens, bright living areas, and well-appointed bathrooms. The property sits on a generous lot with ample parking and outdoor space. Conveniently located near schools, shopping, public transportation, and major roadways, ensuring strong tenant demand. Whether you’re expanding your portfolio or searching for a smart live-in investment, this duplex offers value, versatility, and long-term potential. This sale contains two duplexes that has four, 2 bedroom 1 bath units.
Courtesy: KELLER WILLIAMS REALTY SMART
863-577-1234
Take a look at this great investment opportunity for a duplex! The roof was replaced in 2018. This property is located in a convenient location close to dining, shopping, and major roadways. Unit A is a 2 bedroom 1 bathroom unit with inside laundry hook ups, vaulted ceilings, and a parking pad out front. Unit B, located in the back is a 2 bedroom, 1 bathroom unit with vaulted ceilings and inside laundry hook ups with access from the alley. New interior and exterior paint and move in ready. Rent both sides for cash flow or live in one side and rent the other side! Located close to Lake Wailes. There are many opportunities for this property! Schedule your private showing today!
Lake Front Multi Family Investment In Lake Wales Nestled in the heart of Lake Wales, this delightful two family home embodies comfort and charm, The perfect place for families or those seeking a serene retreat lake and no HOA. This 4 spacious bedrooms, (2 each unit),2 modern bathroom (1 each unit ). An open-concept living area that flows seamlessly into the dining and kitchen spaces, perfect for entertaining. A bright and airy kitchen equipped with appliances and countertops A generous size backyard and off streets parking for each unit. Located close to local amenities, parks, and schools, this home provides the perfect balance of convenience and tranquility. Enjoy nearby attractions, Lake Wales Ridge State Forest, shopping centers, and restaurants. This home not only offers comfort and
Courtesy: KELLER WILLIAMS REALTY AT THE PARKS
407-629-4420
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.
Courtesy: BHHS FLORIDA PROPERTIES GROUP
863-701-2350
Welcome to 425 E Sessoms Ave in Lake Wales — a turnkey income-producing triplex with major capital improvements already completed. This property includes two 1BR/1BA units and one studio apartment, each with private entrances and consistent rental demand. Investors will appreciate the new roof and new A/C units, offering reduced CapEx for years to come and stronger cash-flow stability. With three rentable units under one structure, this triplex supports multiple income strategies: long-term tenants, traveling professionals, or an owner-occupant looking to house hack. The two 1-bedroom units offer functional layouts with easy value-add potential, while the studio provides an additional revenue stream with strong occupancy potential. Located minutes from downtown Lake Wales, Lake Wailes Park, shopping, dining, medical centers, and major employment hubs, this property sits in a high-demand rental corridor. Key Highlights: • Triplex: (2) 1BR/1BA units + (1) Studio • New Roof + New A/C Units = Reduced long-term maintenance • Multiple income streams under one roof • Separate entrances & flexible rental configurations • Strong rental demand close to downtown and amenities Whether you’re expanding your rental portfolio or looking to offset your mortgage with rental income, this property delivers flexibility, stability, and reliable returns. Schedule your showing today.
Courtesy: LPT REALTY, LLC
877-366-2213
Nearly A 10% CAP RATE! Canal Front Multifamily Property Consisting Of 2 Single Wide Mobile Homes and 1 CBC Apartment Offering LOW OPERATING EXPENSES And VALUE-ADD OPPORTUNITY Located Just 3 Blocks From Lake Walk In Water’s Public Boat Ramp In Eastern Lake Wales, Florida. Current Income: $2,075/Month and $24,900/Year Potential Gross Income: $2,675/Month and $32,100.00/Year The 3 residences sit on a well kept, 0.54 acre lot zoned R-3 with 198+\-ft of canal frontage with direct access to Lake Walk-In Water. Unit A (OCCUPIED): 2BR/1BA, 1978, 728 sqft single wide mobile home at $900/month. Unit B (VACANT- VALUE-ADD): 1BR/1BA 1975 , 485 sq ft concrete block apartment featuring a kitchenette and its own private dock. The vacant unit allows for new owner to place a tenant for immediate income or possible renovations and upgrades for increased rent. Previously rented for $600/month. Unit C (OCCUPIED): Updated and spacious 1989, 924 sq ft 3BR/2BA single wide mobile home generating $1,175/month. This unit features a mini-split AC, a large master bedroom with a walk-in closet and a built-in office. Tenant’s rent includes electric, utilities, trash and septic. Landlord pays taxes and insurance. This stabilized multifamily property offers investors an exceptional cap rate, low operational expenses, canal frontage with direct access to Lake Walk-In-Water, value appreciation and value-add opportunity with a new tenant for immediate income and renovation potential for increase rent. Investments like these don’t come around that often in Polk County, Florida. Call to schedule an appointment. SELLER WILL CONSIDER SELLER FINANCE ALSO!
Courtesy: CENTURY 21 BE3
727-596-1811
Calling All Visionary Investors! Total Renovation Required! This property presents a blank canvas for the savvy developer or investor looking to capitalize on significant upside potential. The building has solid frame, roof replaced in 2024 and fresh outside paint in 2024. Enjoy easy access to downtown, Close proximity to schools and amenities This building requires a comprehensive overhaul, offering the ultimate creative freedom to design and build to current market demands and personal vision. This property will require a zoning review. This process, while requiring due diligence, can unlock substantial value for the discerning investor. With vision and expertise, this property offers the chance to create significant equity and strong returns in a market demanding quality housing.
Courtesy: AVERY PROPERTIES INC.
863-682-1902
Completely renovated duplex in the fast-growing city of Lake Wales, near Highway 27 and Highway 60. City of Lake Wales CRA AREA III. Close to shopping, restaurants, entertainment, schools and more. Each side is a 2 bedroom, 1 bath. Both units are currently being marketed for rent for $1,149/mo each UNIT. New flooring, new metal coating on the roof, new cabinets, new A/C’s, new appliances and more. Would make a great addition to any investor’s rental portfolio…do the math. NO HOA Move in Ready !!
Courtesy: BEYCOME OF FLORIDA LLC
804-656-5007
Pre-Construction. To be built. Own two gorgeous homes for the price of one! Live in a gorgeous, brand-new construction, spacious 3bed 2bath single family home and rent out your back 2bed 1bath accessory dwelling unit to generate monthly income. Purchase with instant equity. Buildings are estimated to be completed by January 2026. Area is quickly developing. Relax on your outside patio. Imagine what your friends will think when you buy this beauty! Don't miss this amazing opportunity to own this gem to call yours.
Courtesy: LEGACY REAL ESTATE CENTER INC
863-676-0200
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!
Courtesy: KELLER WILLIAMS REALTY SMART 1
863-508-3000
***PRICE REDUCTION***Looking for an investment opportunity look no further! This triplex also has a detached unit and is nestled on an oversized lot in the heart of Lake Wales just minutes from downtown. The front unit has 1 bedroom and 1 bathroom and is nearly 500 living sq. ft. The rear unit also has 1 bedroom and 1 bathroom with nearly 500 living sq. ft. The third unit is a studio that is roughly 400 living sq. ft. The detached unit has 2 bedrooms and 1 bathroom and is just over 600 sq. ft. All units are occupied with the monthly rents totaling $3,995.00 and an annual gross income of $47,940.00. So call today to get in on the action before this amazing opportunity slips away!
Courtesy: LEGACY REAL ESTATE CENTER INC
863-676-0200
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 $6895. 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 only 1 unit needing to be refreshed when there is a tenant turnover (which is rare!)
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Lake Wales is located in Florida. Lake Wales, Florida has a population of 16,173. Lake Wales is less family-centric than the surrounding county with 23.5% of the households containing married families with children. The county average for households married with children is 26.62%.
The median household income in Lake Wales, Florida is $49,226. The median household income for the surrounding county is $55,099 compared to the national median of $69,021. The median age of people living in Lake Wales is 45.4 years.
The average high temperature in July is 92.5 degrees, with an average low temperature in January of 50.2 degrees. The average rainfall is approximately 50.7 inches per year, with 0 inches of snow per year.
