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$1,065,000
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Property Description
This is your chance to own a piece of Lake Wales history, the Rhodesbilt Arcade Building. Rhodesbilt Arcade was built by Jesse T. "Good" Rhodes between 1924 and 1926. It is said that Mr. Rhodes was nicknamed "Good" because of the craftsmanship demonstrated in his work. As with many arcades erected during the time period, Rhodesbilt was influenced by Mediterranean architecture as seen in the decorative tile, curved parapet, and arched entrances. Today this landmark is a mix of retail and office space offering nine downstairs and 11 upstairs units. While some of the downstairs units offer private bathrooms, the upstairs provides a common room accessible only to tenants via a digital combination lock. This area offers a small break room-type space, as well as a bit of storage area, and restrooms. There is a total of 8,070 leasable square feet, both upstairs and downstairs. While efforts have been made to maintain the historic aspects of the building, it has seen recent upgrades including new electric, plumbing, high speed internet, HVAC, and the entire building is protected by a sprinkler system. As a member of the National Register of Historic Places this building has been very well preserved and maintained. The Rhodesbilt Arcade is the focal point of blossoming Downtown Lake Wales!
Full Property Details
Full Property Details for 230 E Park Ave
General
- Sold For: $1,065,000
- Taxes: $7,017 (2022)
- Status: Closed
- Type: Office
- Source: MidFloridaRegionalMLS
- MLS ID: P4924387
- Added to Site: 1, 207 day(s) ago
Parking
- Parking Features: Common, Curb Parking
Location
- Area: 33853 - Lake Wales South
- County: Polk
- Development Name: 33853 - Lake Wales South
- Subdivision: LAKE WALES
- Driving Directions: From the intersection of Scenic Hwy and Central head north on Scenic Hwy, left on Park Ave to property on left, Rhodesbilt Arcade Building.
- Direction Faces: North
Community
- Community Name: 33853 - Lake Wales South
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Concrete
- Roof: Built-Up
- Square Feet: 8,070
- Sq. Ft. Source: Public Records
- Living Area: 8,070 Sq. Ft.
- Year Built: 1924
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,401
- Frontage: City Street
- Street/Road Desc.: Asphalt
- Rcmdd Zoning: C-1
Financial Considerations
- Tax Amount: $7,017
- Tax Year: 2022
Disclosures and Reports
- Ownership: Corporation
- Special Conditions: None
- Legal Description: LAKE WALES PB 1 PG 88A 88B S1&2 T30 R27 BLK 28 LOTS 5 & 6
- Flood Zone Info: X
- APN: 27-30-01-883000-028050
- Property ID: 27-30-01-883000-028050
- Block/Lot/Section: 28
Listed by Century 21 At Your Service
Sold by Keller Williams Realty Smart 1
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Schools
Schools serving 230 E Park Ave
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 | 15.7 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 230 E Park Ave
Date
Details
Price
Change
Source
6/07/2023
Sold
$1,065,000
-11.25%
MLS
2/03/2023
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
230 E Park Avenue, Lake Wales, FL 33853 (MLS# P4924387) is a Office property that was sold at $1,065,000 on June 07, 2023. Want to learn more about 230 E Park Avenue? Do you have questions about finding other Office 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.

