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Property Description
SELLER FINANCING AVAILABLE. North Oak 19-Unit Portfolio, a rare multifamily investment opportunity spread across three properties in Polk County, Florida. The North Oak portfolio includes: Northside Apartments: 114 E Northside, Lake Wales, FL: Built in 1964, this eight-unit property consists of four concrete block duplexes with pitched shingle roofs. Each unit features a 2-bedroom, 1-bathroom configuration. The property has been fully renovated in the past two years, with both electricity and water sub-metered, allowing tenants to pay for their own utilities. Trash services are included in the property taxes, keeping operational costs low. The roofs are in good condition, contributing to the property's low-maintenance appeal. Oakcrest Apartments 118 Oak Crest Dr NW, Winter Haven, FL: Constructed in 1984, this eight-unit property comprises two fourplex buildings. The unit mix includes two 2-bedroom, 1-bathroom units and six 1-bedroom, 1-bathroom units, all built with a wood-frame construction and featuring pitched shingle roofs. The electricity is sub-metered, with tenants responsible for their electric bills, while water is provided by the city and paid for by the landlord. The property uses a septic tank system, also maintained by the landlord. Haven Apartments 140 Ave W NW, Winter Haven, FL Built in 1974, this three-unit property offers all 2-bedroom, 1-bathroom units constructed from concrete block with pitched shingle roofs. Both water and electricity are sub-metered, and the property benefits from a central AC system. Sewer and water services are provided by the city. With a total of 19 units, a mix of both 1-bedroom and 2-bedroom apartments, and well-maintained utility systems, the North Oak portfolio represents a stable, high-potential opportunity for multifamily investors looking to capitalize on the rental demand in Polk County's growing markets.
Full Property Details
Full Property Details for 114 E Northside Dr
General
- Sold For: $2,350,000
- Taxes: $6,998 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8455056
- Added to Site: 38 day(s) ago
Interior
- Interior Features: Other
Rooms
Bathrooms
- Total Bathrooms: 19
Bedrooms
- Total Bedrooms: 32
Exterior
- Exterior Features: Other
Location
- Area: 33853 - Lake Wales South
- County: Polk
- Development Name: 33853 - Lake Wales South
- Subdivision: NORTHSIDE HEIGHTS
- Driving Directions: Portfolio Property
Community
- Community Name: 33853 - Lake Wales South
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Connected, Water Connected
Structural Information
- # Buildings: 7
- Exterior Const.: Concrete, Wood Frame
- Roof: Shingle
- Square Feet: 11,937
- Sq. Ft. Source: Public Records
- Living Area: 11,937 Sq. Ft.
- Year Built: 1964
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,164
- Lot Size: 13164
- Lot Dimensions: 50 x 173
- Street/Road Desc.: Asphalt
Water Features
- Water Access: Yes
- Water Access Desc: Lake
Financial Considerations
- Tax Amount: $6,998.57
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: NORTHSIDE HEIGHTS PB 36 PG 48 BLK A LOT 20
- Flood Zone Info: X
- APN: 272934875300001200
- Property ID: 272934875300001200
- Block/Lot/Section: A
Listed by Florida Realty Investments
Sold by Century 21 Myers Realty
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Schools
Schools serving 114 E Northside Dr
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Spook Hill Elementary School 321 Doctor JA Wiltshire Avenue, Lake Wales, FL 33853 | PK-5 | 1.6 mi |
Mclaughlin Middle School And Fine Arts Academy 800 South 4th Street, Lake Wales, FL 33853 | 6-8 | 2.2 mi |
Frostproof Middle/Senior High School 1000 North Palm Avenue, Frostproof, FL 33843 | 6-8 | 11.3 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 114 E Northside Dr
Date
Details
Price
Change
Source
12/31/2025
Sold
$2,350,000
—
MLS
12/09/2025
Listed
$2,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
114 E Northside Drive, Lake Wales, FL 33853 (MLS# TB8455056) is a Multi-Family property that was sold at $2,350,000 on December 31, 2025. Want to learn more about 114 E Northside Drive? 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.

