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$215,000
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Property Description
Calling All Visionary Investors! Total Renovation Required! This property presents a blank canvas for the savvy developer or investor looking to capitalize on significant upside potential. The building has solid frame, roof replaced in 2024 and fresh outside paint in 2024. Enjoy easy access to downtown, Close proximity to schools and amenities This building requires a comprehensive overhaul, offering the ultimate creative freedom to design and build to current market demands and personal vision. This property will require a zoning review. This process, while requiring due diligence, can unlock substantial value for the discerning investor. With vision and expertise, this property offers the chance to create significant equity and strong returns in a market demanding quality housing.
Full Property Details
Full Property Details for 232 E St
General
- Price: $215,000
- Taxes: $1,465 (2024)
- Status: Active
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: W7880019
- Updated: 12/23/2025
- Added to Site: 88 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Interior Features: Ninguno
- Appliances: None
- Flooring: Concrete, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 9
Exterior
- Exterior Features: Fenced, Other
Parking
- Parking Features: Off Street
Location
- Area: 33853 - Lake Wales South
- County: Polk
- Development Name: 33853 - Lake Wales South
- Subdivision: LINCOLN PARK ADD
- Driving Directions: Head northwest on US-27 N/US-98 N toward Lake Streety Rd Slight right toward Washington Ave Turn right onto Washington Ave Turn right onto E St Destination will be on the left.
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: None
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 2,100
- Sq. Ft. Source: Public Records
- Year Built: 1976
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,807
- Lot Size: 5807
- Lot Dimensions: 137 x 42
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $1,465
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LINCOLN PARK ADD PB 9 PG 19 BLK B LOT 9
- Flood Zone Info: X
- APN: 272935880000006090
- Property ID: 272935880000006090
- Block/Lot/Section: B
Listed by Century 21 Be3
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Schools
Schools serving 232 E 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 | 0.7 mi |
Mclaughlin Middle School And Fine Arts Academy 800 South 4th Street, Lake Wales, FL 33853 | 6-8 | 1.8 mi |
Frostproof Middle/Senior High School 1000 North Palm Avenue, Frostproof, FL 33843 | 6-8 | 11.1 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 232 E St
Date
Details
Price
Change
Source
12/23/2025
Price Reduced
$215,000
-6.52%
MLS
10/20/2025
Listed
$230,000
411.11%
MLS
11/08/2018
Sold
$45,000
—
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 232 E St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,465
5%
$68,580
5%
2023
$1,401
10%
$65,454
14%
2021
$1,272
-44%
$57,452
-6%
2022
$2,265
78%
$61,275
86%
2021
$1,272
11%
$32,978
-5%
2019
$1,141
-23%
$34,640
-32%
2017
$1,488
—
$51,003
—
2017
$1,488
-37%
$51,135
4%
2016
$2,376
138%
$49,149
6%
2015
$999
-12%
$46,176
-8%
2014
$1,140
-3%
$49,991
—
2013
$1,173
—
$50,150
—
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 232 E St
232 E Street, Lake Wales, FL 33853 (MLS# W7880019) is a Duplex property with 9 bedrooms and 0 full bathrooms. 232 E Street is currently listed for $215,000 and was received on October 20, 2025. Want to learn more about 232 E Street? 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.

