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Property Description
Investment potential for great rental income! 3 Homes sold as a package. 2 homes are lakefront on Lake Belle, very conveniently located minutes from shopping, North/South Highway exchanges and medical facilities! 1 home is lakeview. All homes are 2 bed/2 ba; just under 1200sf of living in 2 homes just under 110sf in the 3rd home. This is a handyman project that could yield a large ROI! Conservative estimate of rental income is $4100/mo. With the lake frontage and your improvements, the potential is endless!
Full Property Details
Full Property Details for 1125 Peninsular Dr
General
- Sold For: $305,000
- Taxes: $2,034 (2023)
- Status: Closed
- Type: Triplex
- Source: MidFloridaRegionalMLS
- MLS ID: K4902557
- Added to Site: 633 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Interior Features: Ceiling Fan(s)
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Outbuilding
- Deck/Patio: Covered, Deck
- Porch/Patio/Deck: Covered, Deck
Parking
- Attached garage: Yes
- Carports: Yes
- Carport: 1
- Carport Spaces: 1
- Covered Spaces: 1
Location
- Area: 33853 - Lake Wales South
- County: Polk
- Development Name: 33853 - Lake Wales South
- Subdivision: CAROLTON MANOR
- Driving Directions: From Hwy 27, turn east onto SR 60. Turn right onto First Street, continue all the way to the end, turn left, 1025 Carver is on the first curve to the right, and Peninsular is the first road to the right, house is on the left before the cul-de-sac.
Community
- Community Name: 33853 - Lake Wales South
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Cable TV Available
Structural Information
- # Buildings: 3
- Exterior Const.: Vinyl Siding, Wood Frame
- Roof: Metal, Shingle
- Square Feet: 2,340
- Sq. Ft. Source: Public Records
- Living Area: 2,340 Sq. Ft.
- Year Built: 1979
Lot Features
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,499
- Lot Size: 13499
- Street/Road Desc.: Asphalt
Water Features
- Water Front: Yes
- Water Access: Yes
- Water Access Desc: Lake
- Water Front Desc.: Lake
Financial Considerations
- Tax Amount: $2,034.11
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BEG 1519.83 FT S & 190.46 FT W OF NE COR OF W1/2 OF NW1/4 OF SE1/4 RUN S 15 DEG 19 MIN E 43.78 FT TO PT ON CURVE SWLY ALONG CURVE 35.83 FT N 74 DEG 14 MIN E 156.52 FT N 34 DEG 30 MIN W 79.41 FT S 74 DEG 14 MIN W 145.43 FT TO POB BEING LOT 21 OF UNREC CAROLTON MANOR
- Flood Zone Info: X
- APN: 273011000000024050
- Property ID: 273011000000024050
Listed by Legacy Real Estate Center Inc
Sold by Stellar Non-Member Office
Get Pre-Approved Today
Schools
Schools serving 1125 Peninsular Dr
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Ben Hill Griffin Jr Elementary School 501 McLeod Road, Frostproof, FL 33843 | PK-5 | 8.7 mi |
Mclaughlin Middle School And Fine Arts Academy 800 South 4th Street, Lake Wales, FL 33853 | 6-8 | 0.5 mi |
Frostproof Middle/Senior High School 1000 North Palm Avenue, Frostproof, FL 33843 | 6-8 | 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 1125 Peninsular Dr
Date
Details
Price
Change
Source
8/12/2024
Sold
$305,000
9.32%
MLS
7/18/2024
Price Reduced
$279,000
-20.29%
MLS
6/18/2024
Price Reduced
$350,000
-2.75%
MLS
6/05/2024
Listed
$359,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1125 Peninsular Drive, Lake Wales, FL 33853 (MLS# K4902557) is a Triplex property that was sold at $305,000 on August 12, 2024. Want to learn more about 1125 Peninsular Drive? Do you have questions about finding other Triplex 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.

