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$258,000

  • For Sale
  • Active
  • Duplex
  • 1,455 Sq. Ft.
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This lakefront multi-family property in the heart of Lake Wales presents a rare opportunity for both savvy investors and future owner-occupants alike. Delivering an impressive ~about 8% cap rate with an all-cash purchase-and closer to about a 9% cap with just 20% down at today's prevailing rates-this is a strong income-producing asset with immediate upside. Even more compelling, for those looking to live in one unit, the numbers make ownership more affordable than renting, while the second unit helps offset your mortgage. The property offers two well-designed 2-bedroom, 1-bath units with open-concept living, generous outdoor space, and desirable lakefront appeal with no HOA. While a new roof is needed, the seller is offering a $10,000 concession with a full-price offer

Full Property Details for 130 E Northside Dr

General

  • Price: $258,000
  • Taxes: $3,631 (2025)
  • Status: Active
  • Type: Duplex
  • Source: Regional
  • MLS ID: R11150451
  • Updated: 5/4/2026
  • Added to Site: 19 day(s) ago

Interior

  • Flooring: Wood

Exterior

  • Exterior Features: Outdoor Living Area
  • Porch/Patio/Deck: Covered, Patio, Porch

Location

  • County: Polk
  • Subdivision: NORTHSIDE HEIGHTS

School Information

  • Elementary School: Lakeside
  • Middle School: Lake Worth
  • High School: Lake Worth

Community

  • Community Name: 5940 - Other Florida County
  • Units Assoc/Comm: 2

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central, Electric

Utilities

  • Utility Description: Electricity Connected, Natural Gas Available

Structural Information

  • Construction: Other
  • Roof: Other
  • Stories/Levels: 1
  • Building Size: 1831
  • Square Feet: 1,455
  • Living Area: 1,455 Sq. Ft.
  • Year Built: 1938
  • Property Condition: Resale

Lot Features

  • Property View: Lake, Other
  • Lot Size (Acres): 0.23
  • Lot Features: 1/4 Acre
  • Zoning: R3

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Lake Front
  • Water Front View: Lake Front
  • Lake Front: Yes

Financial Considerations

  • Tax Amount: $3,631.09
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan
  • Tenant Pays: Cable TV, Electricity, Insurance, Water

Disclosures and Reports

  • Documents Avail.: Lease, None
  • Legal Description: NORTHSIDE HEIGHTS PB 36 PG 48 BLK A LOT 12
  • Property ID: 342927875300001120

Listed by Simon Gray Realty LLC

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Listing agent

— 130 E Northside Dr —

  • Simon Gray Realty LLC

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 130 E Northside Dr

School District:Polk County School District
NameGradesDistance
Spook Hill Elementary School
321 Doctor JA Wiltshire Avenue, Lake Wales, FL 33853
PK-51.6 mi
Mclaughlin Middle School And Fine Arts Academy
800 South 4th Street, Lake Wales, FL 33853
6-82.2 mi
Frostproof Middle/Senior High School
1000 North Palm Avenue, Frostproof, FL 33843
6-811.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 130 E Northside Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/25/2026
Price Reduced
$258,000
-0.77%
MLS
12/31/2025
Listed
$260,000
62.6%
MLS
1/15/2021
Sold
$159,900
—
Public Record
Get Price Alerts and Save Property
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 for 130 E Northside Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,278
—
$173,531
-8%
2024
$3,278
10%
$187,776
-6%
2023
$2,990
156%
$199,512
447%
2021
$1,166
-53%
$36,486
-72%
2022
$2,478
113%
$130,376
454%
2021
$1,166
19%
$23,528
17%
2019
$978
-14%
$20,127
-39%
2018
$1,132
—
$32,823
-1%
2017
$1,136
5%
$33,247
3%
2016
$1,080
1%
$32,301
5%
2015
$1,072
—
$30,632
-7%
2014
$1,072
-2%
$33,100
-2%
2013
$1,093
—
$33,889
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Simon Gray Realty LLC

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130 E Northside Drive, Lake Wales, FL 33853 (MLS# R11150451) is a Duplex property with 0 bedrooms and 0 full bathrooms. 130 E Northside Drive is currently listed for $258,000 and was received on May 04, 2026. Want to learn more about 130 E Northside Drive? Do you have questions about finding other Duplex 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.

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