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Image 1 - 26 W Polk Ave, Lake Wales, Florida, 33853 - House for sale
Image 2 - 26 W Polk Ave, Lake Wales, Florida, 33853 - House for sale
Image 3 - 26 W Polk Ave, Lake Wales, Florida, 33853 - House for sale
Image 4 - 26 W Polk Ave, Lake Wales, Florida, 33853 - House for sale
Image 5 - 26 W Polk Ave, Lake Wales, Florida, 33853 - House for sale
Image 6 - 26 W Polk Ave, Lake Wales, Florida, 33853 - House for sale
Image 7 - 26 W Polk Ave, Lake Wales, Florida, 33853 - House for sale
Image 8 - 26 W Polk Ave, Lake Wales, Florida, 33853 - House for sale
Image 9 - 26 W Polk Ave, Lake Wales, Florida, 33853 - House for sale
Home For Sale In Lake Wales, Florida
26 W Polk Ave, Lake Wales, Florida, 33853

Home For Sale In Lake Wales, Florida

house for sale
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Listed: 05/13/24

26 W Polk Ave, Lake Wales, Florida, 33853

4 Bed:
4 Bath:
1,740 Sq Ft Living Area:
Save
Price
$ 499,900

About This House

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, 995.00and an annual gross income of$47, 940.00.So call today to get in on the action before this amazing opportunity slips away! Once property has an executed contract access will be granted during due diligence period.

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Lake Wales Housing & Living

Average sale prices for houses

3 bed
Show as List Show as Graph
In May 2024, the asking price for 3 bed houses for sale in/near Lake Wales, United States averaged $281,419, an increase of 13.9% from the previous month.
Median price trends for properties for sale in Lake Wales, United States as of May 2024.

Household Income

Median household income: $40,499
Number of households: 5,623
The average household income in Lake Wales, FL grew from $38,268 to $40,499 in the past year. This data is an estimate based upon 5,623 households in Lake Wales, FL.
The chart below presents how household income is distributed in Lake Wales, FL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lake Wales, FL compared to median property taxes around the country. The prevalent amount of property taxes in Lake Wales, FL equals <$800 , which is less than the national average.