Courtesy: LIVE FLORIDA REALTY
863-868-8905
Renovated Income-Producing Quadruplex in Lake Wales, FL This renovated quadruplex presents a prime income-generating opportunity in the heart of Lake Wales, FL. With each of the four 2-bedroom, 1-bathroom units boasting modern updates, this property is a turn-key investment perfect for anyone looking to earn reliable rental income. Property Highlights: Four spacious 2-bedroom, 1-bathroom units Completely renovated with fresh paint, and contemporary finishes Updated kitchens and bathrooms Well-maintained exterior and landscaping Ample on-site parking for all tenants Strong rental history and excellent cash flow potential Conveniently located near downtown Lake Wales, local shops, restaurants, schools, and major highways With its modern upgrades and prime location, this quadruplex offers tenants the comfort of contemporary living while ensuring solid returns for investors. Whether you’re expanding your real estate portfolio or starting new, this property is a great addition to any investment strategy. Don’t miss out on this fantastic opportunity—schedule a showing today!
Courtesy: PMI ARRICO REALTY AND PRTP MGT
863-606-1094
Meticulously Maintained Duplex – Fully Occupied with Long-Term Tenants Investors, take note! This exceptional duplex in Lake Wales is a rare find, offering two fully occupied units on executed leases. Each unit features 2 bedrooms, 2 bathrooms, and an inviting layout designed for comfort and functionality. Tile flooring throughout, a spacious kitchen, and the convenience of a 1-car attached garage per unit. Step outside to a screened-in lanai that overlooks a large backyard. Situated on a corner lot, this property offers ample space and excellent curb appeal. Located in Polk County, this prime investment opportunity is close to shopping, dining, and major roadways, ensuring continued tenant demand. Don’t miss out on this turnkey income-producing property! These units are occupied, please do not disturb tenants. Roof is original to the home.
Courtesy: FLORIDA REALTY INVESTMENTS
407-207-2220
The Northside fourplex is a property located in Lake Wales, Polk County, Florida. This property is part of the North Oak 19-unit portfolio. Built in 1964, the property consists of two duplexes constructed from concrete block and featuring pitched shingle roofs. All units offer a 2-bedroom, 1-bathroom configuration and have been fully renovated within the last two years. Both electricity and water are sub-metered, with tenants responsible for their own utilities. Water is supplied by the city. Trash service is included in the property taxes, which are paid by the landlord, further streamlining operations. The roofs are in their active life cycle and remain in good condition, contributing to the property’s overall low-maintenance profile. This property represents an excellent investment opportunity, with recently renovated units, stable utility billing systems, and solid construction.
Courtesy: KELLER WILLIAMS REALTY SMART 1
863-508-3000
Nestled in the heart of Lake Wales, this stunning 4-bedroom, 2.5-bath home at 520 S 10th Street offers a perfect blend of charm and modern updates. This property is currently being used as a single family home but can easily be converted back to a triplex.. The property boasts a spacious 3-car attached garage and a welcoming covered front porch that sets the tone for comfort and style. Inside, you'll find an updated kitchen with double ovens, a built-in oven, and modern appliances, including a refrigerator and microwave. The bathrooms feature dual vanities and contemporary finishes, complementing the crown molding, unique built-ins, and cozy fireplace. A loft area adds versatility to the home's layout, while the private upstairs entrance enhances convenience. The fenced yard provides privacy and security, making it ideal for outdoor activities. Don't miss the chance to call this beautifully maintained home yours!
Courtesy: MACERA REALTY GROUP INC
407-246-1677
Nice older 3/2 and 1/1 single family homes on the same lot! Great investment opportunity and cash flow. New roofs on both homes, 1/1 has been completely renovated, 3/2 has updates as well to flooring and paint. 3/2 features central HVAC, 1/1 features window units. Large lot, 3/2 has driveway in front, 1/1 driveway is off the back alley. Call to view it today!
Courtesy: FLORIDA REALTY INVESTMENTS
407-207-2220
SELLER FINANCING AVAILABLE. This property is part of a portfolio of 19 units to be sold as a package. North Oak 19-Unit Portfolio, is a multifamily investment opportunity spread across three properties in Polk County, Florida. The North Oak portfolio includes: Northside Apartments (Lake Wales, FL): Built in 1964, this eight-unit property consists of four concrete block duplexes with pitched shingle roofs. Each unit features a 2-bedroom, 1-bathroom configuration. The property has been fully renovated in the past two years, with both electricity and water sub-metered, allowing tenants to pay for their own utilities. Trash services are included in the property taxes, keeping operational costs low. The roofs are in good condition, contributing to the property's low-maintenance appeal. Oakcrest Apartments (Winter Haven, FL): Constructed in 1984, this eight-unit property comprises two fourplex buildings. The unit mix includes two 2-bedroom, 1-bathroom units and six 1-bedroom, 1-bathroom units, all built with a wood-frame construction and featuring pitched shingle roofs. The electricity is sub-metered, with tenants responsible for their electric bills, while water is provided by the city and paid for by the landlord. The property uses a septic tank system, also maintained by the landlord. Haven Apartments (Winter Haven, FL): Built in 1974, this three-unit property offers all 2-bedroom, 1-bathroom units constructed from concrete block with pitched shingle roofs. Both water and electricity are sub-metered, and the property benefits from a central AC system. Sewer and water services are provided by the city. With a total of 19 units, a mix of both 1-bedroom and 2-bedroom apartments, and well-maintained utility systems, the North Oak portfolio represents a stable, high-potential opportunity for multifamily investors looking to capitalize on the rental demand in Polk County’s growing markets.
Courtesy: SPANN & ASSOCIATES REAL ESTATE
407-468-7512
This is a rare opportunity to acquire 14 income-generating rental units, located in Winter Haven, Lake Wales, and Sebring fully occupied with tenants. All meticulously maintained and strategically located to deliver steady cash flow. Whether you're a seasoned investor looking to expand your portfolio or a newcomer eager to step into real estate, this turnkey collection is designed to maximize your returns. Don't miss out on this chance to secure a robust, diversified income stream in a thriving market. Hire a property manager or keep the current property management in place. Act now and start reaping the rewards of smart real estate investment today!
Courtesy: KELLER WILLIAMS REALTY SMART 1
863-508-3000
VERY RARE AND UNIQUE LAKEFRONT HOME/DUPLEX ON LAKE KISSIMMEE*** MOVE IN READY, INCOME PRODUCING OPPORTUNITY! LIVE ON ONE SIDE AND RENT THE OTHER OR RENT BOTH FOR MAXIMUM INVESTMENT RETURN. ENJOY THE PICTURESQUE BREATHTAKING VIEWS. VERY WELL MAINTAINED. THIS OUTSTANDING GET AWAY/OASIS HAS BEEN COMPLETELY UPDATED. THERE IS A SHARED SPACE SUCH AS A LAUNDRY ROOM AND PATIO WITH FANTASTIC VIEWS OF THE LAKE FROM THE HUGE WINDOWS ALL UNDER A/C. EACH UNIT HAVING THEIR OWN KITCHEN, LIVING ROOM, FULL BATH AND MASTER BEDROOM. YOU WILL LOVE THE COVERED DOCK, PERFECT FOR THE WATER ENTHUSIAST WITH WORLD CLASS BASS FISHING FROM YOUR BACKYARD WHETHER YOU'RE RELAXING FISHING, JET SKIING, BOATING OR ENTERTAINING. GRAPE HAMMOCK FISH CAMP IS NEARBY. THE LARGE COVERED DOCK HAS A BOAT LIFT ON ONE SIDE AND BOAT SLIP ON THE OTHER. THIS WONDERLAND OF WATERFRONT. APPLIANCES. BEING THE IDEAL INVESTMENT FOR SEASONAL HOME, FAMILY, GUESTS, RENTERS, OR AN AIR BNB, SHORT TERM RENTALS ARE OK. WATCH LAUNCHES FROM CAPE CANAVERAL, NEW DOUBLE PANE WINDOWS, METAL ROOF, WATER SOFTENER, ON DEMAND PROPANE WATER HEATER, EXTRA THICK SEAWALL, 2 A/C UNITS. GOLF CART GARAGE, DRIVEWAY CAN ACCOMMODATE AN RV WITH FULL HOOKUPS, OR UP TO NINE VEHICLES, BOATS AND TRAILERS. SITTING ON A DEAD END STREET... YOUR PRIVATE LAKE LIFE IS WAITING FOR YOU....
Courtesy: KELLER WILLIAMS REALTY SMART 1
863-508-3000
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: KELLER WILLIAMS REALTY SMART 1
863-508-3000
**Buyers financing fell through***Looking for an investment opportunity look no further! This single family home also has a detached duplex and 2 additional tiny homes. This oversized lot is nestled in the heart of Lake Wales just minutes from downtown. The single family home is nearly 2,300 living sq. ft. and is currently used for student housing. The main house has 5 bedrooms 2 bathrooms. The detached duplex with 2 studios and 2 bathrooms. There are also two additional single family homes that are both 1 bedroom and 1 bathroom. The monthly rents total $6,635.00 and an annual gross income of $79,620.00. 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 $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!)
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.
