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$649,000
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Property Description
Prime Commercial Property in Lake Wales - Corner Lot - Two Lots! Excellent opportunity to own or lease a prime commercial property in Lake Wales! This property consists of two lots and is currently operating as a car dealership. Located on a high-traffic corner lot, it offers maximum visibility and easy access, making it ideal for a variety of businesses. Zoned C-2 Commercial, this property allows for multiple business opportunities, including auto sales, retail, office space, and more. With ample space and a strategic location, this is a rare investment opportunity that won't last long. Don't miss out on this high-potential commercial property-contact us today!
Full Property Details
Full Property Details for 101 Central Ave W
General
- Price: $649,000
- Taxes: $2,500 (2024)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: O6339017
- Updated: 12/4/2025
- Added to Site: 90 day(s) ago
Location
- Area: 33853 - Lake Wales South
- County: Polk
- Development Name: 33853 - Lake Wales South
- Subdivision: MAGNOLIA PARK SUB
- Driving Directions: Head toward Central Avenue in downtown Lake Wales. If you're coming from US-27, take E Stuart Ave or W Polk Ave toward downtown. Turn onto 1st Street N and then onto W Central Avenue. 101 W Central Avenue will be on your right or left (depending on your direction).
Community
- Community Name: 33853 - Lake Wales South
Heating & Cooling
- Cooling Type: Central Air
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Basement Desc.: Other
- Square Feet: 532
- Year Built: 1959
Lot Features
- Lot Size (Acres): 0.38
- Lot Size (Sq. Ft.): 16,614
- Lot Size: 16614
- Lot Dimensions: 146.2 x 114
- Frontage: City Street
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $2,500
- Tax Year: 2024
Disclosures and Reports
- Ownership: Other
- Special Conditions: None
- Legal Description: MAGNOLIA PARK SUB PB 5 PG 21 BLK A LOTS 1 & 3
- Flood Zone Info: x
- APN: 273002905500001010
- Property ID: 273002905500001010
- Block/Lot/Section: A
Listed by Charles Rutenberg Realty Orlando
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Schools
Schools serving 101 Central Ave W
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Ben Hill Griffin Jr Elementary School 501 McLeod Road, Frostproof, FL 33843 | PK-5 | 10 mi |
Mclaughlin Middle School And Fine Arts Academy 800 South 4th Street, Lake Wales, FL 33853 | 6-8 | 1 mi |
Bartow Senior High School 1270 South Broadway Avenue, Bartow, FL 33830 | 9-12 | 15.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 101 Central Ave W
Date
Details
Price
Change
Source
12/04/2025
Listed
$649,000
419.2%
MLS
2/22/2002
Sold
$125,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 101 Central Ave W
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,930
17%
$165,970
29%
2024
$2,499
-2%
$128,703
-1%
2023
$2,559
-1%
$130,118
1%
2021
$2,572
2%
$128,618
-3%
2022
$2,533
-2%
$133,036
3%
2021
$2,572
-3%
$129,066
1%
2019
$2,652
9%
$128,079
8%
2017
$2,423
—
$118,622
2%
2017
$2,423
3%
$115,795
6%
2016
$2,355
—
$109,401
1%
2015
$2,356
-11%
$108,852
-6%
2014
$2,639
-3%
$115,718
—
2013
$2,718
—
$116,235
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 101 Central Ave W
101 Central Avenue W, Lake Wales, FL 33853 (MLS# O6339017) is a Commercial property. 101 Central Avenue W is currently listed for $649,000 and was received on December 04, 2025. Want to learn more about 101 Central Avenue W? Do you have questions about finding other Commercial real estate for sale in Lake Wales? You can browse all Lake Wales real estate or contact a Coldwell Banker agent to request more information.

