• Listing status icon

    $995,000

  • Active | MLS#: P4710940
  • 5,972Sq Ft
  • 7.94Acre

LAKE WALES, FL 33853

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Overview

LOCATION! LOCATION! TWO WATERFRONT PARCELS ON LAKE MABEL VERY WELL KEPT. HAS EXCELLENT INCOME. MONTHLY RENTAL INCOME IS APPROXIMATELY 11,575 PLUS ANOTHER 400-600 FROM LAUNDRY ROOM. ANNUAL TOTAL IS OVER 144,000 A YEAR OF GROSS INCOME. ALWAYS FULL VERY VERY LOW VACANCIES RATIO. PLENTY OF LAND TO EXPAND FOR MORE INCOME. RENTS ARE CONSIDER LOW AND HAVE NOT BE RAISED FOR MANY YEARS. NICE QUIET AND EXCELLENT REPUTATION. SOME TENANTS HAVE LIVED THERE FOR SEVERAL YEARS. THREE STORAGE SHEDS. LOCATED APPROXIMATELY 45 MINUTES FROM DISNEY WORLD, 15 MINUTES FROM LEGOLAND, SURVEY IS AVAILABLE. THERE IS AN ADDITIONAL 2 ACRE ADJACENT PARCEL 27-29-11-000000-044030 THAT IS INCLUDED IN THE SALE. THAT PARCEL HAS A TWO STORY FRAME HOME THAT NEEDS EXTREME REPAIRS. INTERIOR OF ALL UNITS SHOW EXTREMELY WELL. DO NOT CONTACT THE TENANTS, THEY ARE NOT AWARE THE PROPERTY IS UP FOR SALE. ELECTRIC WATER AND CABLE INCLUDED. NET AMOUNT IS OVER 121,000 AFTER ELECTRIC AND CABLE IS DEDUCTED FROM INCOME. PROPERTY CONSIST OF 7 CONCRETE ONE BEDROOM COTTAGES, 1 TWO BEDROOM PARK MODEL, 2 MOBILE HOMES CONVERTED IN DUPLEXES MAKING UP 4 UNITS, 2 RV'S, 1 LARGE FRAME HOUSE LIKE INTO 4 UNITS. PLENTY OF ROOM TO EXPAND

Listing provided courtesy of: RE/MAX Associate Realty

General Features

  • Property Style Apartments, Mobile Home/Rv Park
  • County Or Parish Polk
  • MLS Area Major Lake Wales South
  • Tax Year 2015
  • Taxes 4845
  • Township 29
  • Year Built 1969

Building Features

  • Property Status Existing
  • Air Conditioning Central, Wall Units/Window
  • Floor Covering Carpeted, Tile, Vinyl
  • Heatingand Fuel Central, Wall Units / Window Unit
  • Miscellaneous Cable,Extra Storage,Fire Alarm,Security Lighting,Storage Building
  • Roof Metal
  • Sq Ft Heated 5,972
  • Property Use MULTIFAMILY
  • Total Number Buildings 17

Property Features

  • Exterior Construction Block, Metal, Other, Siding
  • Front Footage 380
  • Location Waterfront
  • Lot Size Acres 7.94
  • Lot Size Sq Ft 427384
  • Road Frontage US Highway
  • Total Acreage 5 to less than 10
  • Waterfront Feet 380
  • Utilities Gas-Natural, Private sewer, Private water, Well + Pump
  • Water Access Lake
  • Transportation Access County
  • Water Frontage Lake
  • Water View Lake

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Price & Status History

Days on Market

  • This property has been listed on the market for 210 days

Location

The property map location is: Generalized, identified to the zip code.

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Local:

Demographics
Schools
Days on Market

Community Demographics for Zip Code 33853 (LAKE WALES)

  • Housing Occupancy

    Home Owners
    1,814
    37%
    Renters
    1,663
    34%
    Vacant
    1,469
    30%
    Total Housing Units
    4,946
  • Households

    Average Household Size
    2.49
    Housing Density (People per square mile)
    1,074

Age Range (number of people)

Age 0-14
2,274
Age 15-24
1,295
Age 25-39
1,658
Age 40-59
1,796
Age 60-79
1,192
Age 80+
545
Total
8,760

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 33853 (LAKE WALES)

Public Schools in Zip Code 33853 (LAKE WALES)

* This list of schools may not match the property above.

  • LAKE WALES SENIOR HIGH SCHOOL
    1 HIGHLANDER WAY LAKE WALES, FL 33853
    Phone: 8636784222
    9th-12th
  • Grade Size Distribution
    • 9th
    • 328
    • 10th
    • 381
    • 11th
    • 292
    • 12th
    • 310
    • Teachers: 84
    • Students per Teacher: 15.6
    • Students: 1311
    • Male/Female: 659/630
    • District: POLK, 1915 SOUTH FLORAL AVE BARTOW, FL 33830
    • Phone: 8635340521
    • Schools: 175
    • Full-Time Teachers: 7548
    • Students per Teacher: 12.5
    • Staff: 13993
    • Students: 94657
  • HILLCREST ELEMENTARY SCHOOL
    1051 STATE RD 60 EAST LAKE WALES, FL 33853
    Phone: 8636784216
    PreK-5th
  • Grade Size Distribution
    • PreK
    • 13
    • Knd
    • 112
    • 1st
    • 97
    • 2nd
    • 91
    • 3rd
    • 96
    • 4th
    • 92
    • 5th
    • 101
    • Teachers: 51
    • Students per Teacher: 11.8
    • Students: 602
    • Male/Female: 285/285
    • District: POLK, 1915 SOUTH FLORAL AVE BARTOW, FL 33830
    • Phone: 8635340521
    • Schools: 175
    • Full-Time Teachers: 7548
    • Students per Teacher: 12.5
    • Staff: 13993
    • Students: 94657
  • JANIE HOWARD WILSON SCHOOL
    306 FLORIDA AVE LAKE WALES, FL 33853
    Phone: 8636784211
    PreK-5th
  • Grade Size Distribution
    • PreK
    • 18
    • Knd
    • 98
    • 1st
    • 89
    • 2nd
    • 84
    • 3rd
    • 91
    • 4th
    • 81
    • 5th
    • 92
    • Teachers: 50
    • Students per Teacher: 11.1
    • Students: 553
    • Male/Female: 275/234
    • District: POLK, 1915 SOUTH FLORAL AVE BARTOW, FL 33830
    • Phone: 8635340521
    • Schools: 175
    • Full-Time Teachers: 7548
    • Students per Teacher: 12.5
    • Staff: 13993
    • Students: 94657
  • MCLAUGHLIN MIDDLE SCHOOL
    800 SOUTH 4TH ST LAKE WALES, FL 33853
    Phone: 8636784233
    PreK-8th
  • Grade Size Distribution
    • PreK
    • 26
    • 6th
    • 178
    • 7th
    • 179
    • 8th
    • 227
    • Teachers: 60
    • Students per Teacher: 10.2
    • Students: 610
    • Male/Female: 306/291
    • District: POLK, 1915 SOUTH FLORAL AVE BARTOW, FL 33830
    • Phone: 8635340521
    • Schools: 175
    • Full-Time Teachers: 7548
    • Students per Teacher: 12.5
    • Staff: 13993
    • Students: 94657
  • OUR CHILDREN'S ACADEMY
    555 BURNS AVE LAKE WALES, FL 33853
    Phone: 8636793338
    PreK-3rd
  • Grade Size Distribution
    • PreK
    • 48
    • Knd
    • 9
    • 1st
    • 6
    • 2nd
    • 7
    • 3rd
    • 3
    • Teachers: 6
    • Students per Teacher: 12.2
    • Students: 73
    • Male/Female: 48/19
    • District: POLK, 1915 SOUTH FLORAL AVE BARTOW, FL 33830
    • Phone: 8635340521
    • Schools: 175
    • Full-Time Teachers: 7548
    • Students per Teacher: 12.5
    • Staff: 13993
    • Students: 94657
  • POLK AVENUE ELEMENTARY SCHOOL
    110 EAST POLK AVE LAKE WALES, FL 33853
    Phone: 8636784244
    PreK-5th
  • Grade Size Distribution
    • PreK
    • 11
    • Knd
    • 98
    • 1st
    • 86
    • 2nd
    • 94
    • 3rd
    • 82
    • 4th
    • 79
    • 5th
    • 93
    • Teachers: 43
    • Students per Teacher: 12.6
    • Students: 543
    • Male/Female: 277/228
    • District: POLK, 1915 SOUTH FLORAL AVE BARTOW, FL 33830
    • Phone: 8635340521
    • Schools: 175
    • Full-Time Teachers: 7548
    • Students per Teacher: 12.5
    • Staff: 13993
    • Students: 94657
  • ROOSEVELT ACADEMY
    115 EAST ST LAKE WALES, FL 33853
    Phone: 8636784252
    PreK-12th
  • Grade Size Distribution
    • PreK
    • 6
    • 6th
    • 44
    • 7th
    • 37
    • 8th
    • 33
    • 9th
    • 34
    • 10th
    • 45
    • 11th
    • 20
    • 12th
    • 41
    • Teachers: 30
    • Students per Teacher: 8.7
    • Students: 260
    • Male/Female: 180/76
    • District: POLK, 1915 SOUTH FLORAL AVE BARTOW, FL 33830
    • Phone: 8635340521
    • Schools: 175
    • Full-Time Teachers: 7548
    • Students per Teacher: 12.5
    • Staff: 13993
    • Students: 94657
  • SPOOK HILL ELEMENTARY SCHOOL
    321 DR JA WILTSHIRE AVE EAST LAKE WALES, FL 33853
    Phone: 8636784262
    PreK-5th
  • Grade Size Distribution
    • PreK
    • 31
    • Knd
    • 83
    • 1st
    • 105
    • 2nd
    • 105
    • 3rd
    • 82
    • 4th
    • 76
    • 5th
    • 69
    • Teachers: 44
    • Students per Teacher: 12.5
    • Students: 551
    • Male/Female: 255/268
    • District: POLK, 1915 SOUTH FLORAL AVE BARTOW, FL 33830
    • Phone: 8635340521
    • Schools: 175
    • Full-Time Teachers: 7548
    • Students per Teacher: 12.5
    • Staff: 13993
    • Students: 94657
  • Private Schools in Zip Code 33853 (LAKE WALES)

    * This list of schools may not match the property above.

    • THE VANGUARD SCHOOL
      2249 N US Hwy 27 Lake Wales, FL 33853
      Phone: 8636766091
      4th-12th
    • Grade Size Distribution
      • 4th
      • 1
      • 5th
      • 2
      • 6th
      • 5
      • 7th
      • 11
      • 8th
      • 7
      • 9th
      • 17
      • 10th
      • 36
      • 11th
      • 28
      • 12th
      • 26
      • Teachers: 0
      • Students per Teacher: N/A
      • Students: 133
    • First United Methodist Preschool
      230 N 5th St. Lake Wales, FL 33853
      Phone: 8636766617
      PreK-12th
    • Grade Size Distribution
      • PreK
      • 73
      • Knd
      • 10
      • Teachers: 0
      • Students per Teacher: N/A
      • Students: 83
    • Lake Wales Lutheran School
      640 S Scenic Hwy. Lake Wales, FL 33853
      Phone: 8636767300
      PreK-12th
    • Grade Size Distribution
      • PreK
      • 25
      • Knd
      • 7
      • 1st
      • 4
      • 2nd
      • 7
      • 3rd
      • 5
      • 4th
      • 6
      • 5th
      • 4
      • 6th
      • 4
      • 7th
      • 6
      • 8th
      • 6
      • Teachers: 0
      • Students per Teacher: N/A
      • Students: 74

    * School data provided by US Department of Education


Listing information provided in part by the IDX Program of MFRMLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Data last updated on 1/19/2017 3:11 AM PST.

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* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional