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$449,000
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Property Description
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.
Full Property Details
Full Property Details for 107 A St
General
- Price: $449,000
- Taxes: $5,909 (2024)
- Status: Active
- Type: Multi-Family
- Source: MidFloridaRegionalMLS
- MLS ID: O6368979
- Updated: 1/5/2026
- Added to Site: 17 day(s) ago
Interior
- Interior Features: Built-in Features
- Appliances: Electric Water Heater, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Sidewalk
Location
- Area: 33853 - Lake Wales South
- County: Polk
- Development Name: 33853 - Lake Wales South
- Subdivision: LAKE WALES LAND CO SUB
- Driving Directions: Head south on North 2nd Street toward Dr. J.A. Wiltshire Avenue. Continue straight for about half a mile, crossing over E Central Avenue. Turn right onto A Street, and your destination will be on the right-hand side, just past the intersection with North Scenic Highway. The entire trip is less than a mile and should take about 3 minutes.
School Information
- Elementary School: Spook Hill Elem
- Middle School: Mclaughlin Middle
- High School: Frostproof Middle - Senior High
Community
- Community Name: 33853 - Lake Wales South
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Electric, Wall Units / Window Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Roof: Membrane
- Stories/Levels: Three Or More
- Square Feet: 2,880
- Sq. Ft. Source: Public Records
- Year Built: 1950
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,421
- Lot Size: 13421
- Lot Dimensions: 100 x 134
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $5,909.95
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LAKE WALES LAND CO SUB PB 5 PG 11 BLK 1 LOTS 9 & 10
- Flood Zone Info: X
- APN: 272935879000001090
- Property ID: 272935879000001090
- Block/Lot/Section: 1
Listed by Keller Williams Realty At The Parks
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Schools
Schools serving 107 A St
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Spook Hill Elementary School 321 Doctor JA Wiltshire Avenue, Lake Wales, FL 33853 | PK-5 | 0.4 mi |
Mclaughlin Middle School And Fine Arts Academy 800 South 4th Street, Lake Wales, FL 33853 | 6-8 | 1.6 mi |
Frostproof Middle/Senior High School 1000 North Palm Avenue, Frostproof, FL 33843 | 6-8 | 10.9 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 107 A St
Date
Details
Price
Change
Source
12/29/2025
Listed
$449,000
49.67%
MLS
3/31/2022
Sold
$300,000
—
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 107 A St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,910
9%
$293,760
14%
2023
$5,423
172%
$257,040
210%
2022
$1,992
—
$83,002
5%
2021
$1,998
—
$79,308
-24%
2021
$1,998
-23%
$104,930
-3%
2017
$2,606
—
$107,688
2%
2017
$2,606
-2%
$105,264
-4%
2019
$2,672
153%
$109,523
129%
2016
$1,056
77%
$47,864
154%
2015
$596
53%
$18,822
10%
2014
$390
-67%
$17,111
-66%
2013
$1,182
—
$50,548
—
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 107 A St
107 A Street, Lake Wales, FL 33853 (MLS# O6368979) is a Multi-Family property with 6 units containing 6 bedrooms and 0 full bathrooms. 107 A Street is currently listed for $449,000 and was received on December 29, 2025. Want to learn more about 107 A Street? Do you have questions about finding other Multi-Family 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.

