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$750,000

  • Sold
  • Closed
  • Multi-Family
  • 10 Units
  • 0.37 Acres
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GREAT OPPORTUNITY TO PURCHASE a value-add Apartment Complex in one of the fastest growing markets in the heart of Central Florida. The GRAND FLORIDIAN apartment complex houses 10 units with desirable layouts and are of comfortable sizes. The apartments offer original hardwood flooring, with a living room, dining room, kitchen, bedroom and full bathroom. The property has laundry facilities and its own private parking lot. The convenience of this in-town location is suitable for walking or biking on quiet streets and numerous sidewalks that lead to city parks, lakes and sports fields. It's an enjoyable location to Historic Downtown Lake Wales, library, restaurants and shops. This is a grand investment property to consider adding to your monetary portfolio with continual long-term rent income or to consider a different avenue as, Vacation Rental Operator for winter residents and/or short-term destination retreat. Seller will entertain a combined purchase with 21-unit complex just minutes away at the Court of Seven Chimneys on Park Avenue. (No seller financing no assumable mortgage)

Full Property Details for 241 E Seminole Ave

General

  • Sold For: $750,000
  • Taxes: $9,729 (2022)
  • Status: Closed
  • Type: Multi-Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: K4902068
  • Added to Site: 1, 084 day(s) ago

Interior

  • Interior Features: Ceiling Fans(s), Solid Wood Cabinets
  • Appliances: Electric Water Heater, Range, Range Hood, Refrigerator
  • Flooring: Laminate, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 10

Bedrooms

  • Total Bedrooms: 10

Other Rooms

  • Laundry: Outside

Exterior

  • Exterior Features: Lighting, Sidewalk
  • Deck/Patio: Covered
  • Porch/Patio/Deck: Covered

Parking

  • Parking Features: Driveway, Guest, Open, Oversized

Location

  • Area: 33853 - Lake Wales South
  • County: Polk
  • Development Name: 33853 - Lake Wales South
  • Subdivision: ALTA VISTA
  • Driving Directions: From US Hwy. 27/Mountain Lake Cut-Off Rd.(signal light/left turn lane) turn EAST on Mountain Lake Cut-Off Rd., at next Signal Light turn RIGHT on Scenic Hwy. (SR-17) traveling southbound turn LEFT at Seminole Ave. property is on LEFT.

Community

  • Community Name: 33853 - Lake Wales South

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Wall Units / Window Unit

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected

Structural Information

  • # Buildings: 1
  • Exterior Const.: Concrete, Stucco
  • Roof: Membrane, Shingle
  • Square Feet: 7,865
  • Sq. Ft. Source: Public Records
  • Living Area: 7,865 Sq. Ft.
  • Year Built: 1930

Lot Features

  • Lot Size (Acres): 0.37
  • Lot Size (Sq. Ft.): 16,026
  • Lot Dimensions: 132 x 121
  • Street/Road Desc.: Paved, Asphalt
  • Lot Features: Corner Lot, City Lot, Level, Near Public Transit, Oversized Lot, Sidewalk
  • Rcmdd Zoning: R-3

Financial Considerations

  • Tax Amount: $9,729.8
  • Tax Year: 2022

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: ALTA VISTA PB 5 PG 12 BLK JJ LOTS 4 & 5
  • Flood Zone Info: x
  • APN: 27-30-02-909610-010040
  • Property ID: 27-30-02-909610-010040
  • Block/Lot/Section: JJ

Listed by 1513 Realty Llc
Sold by Future Home Realty Inc

Listing agent

— 241 E Seminole Ave —

  • 1513 Realty Llc

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 241 E Seminole Ave

School District:Polk County School District
NameGradesDistance
Spook Hill Elementary School
321 Doctor JA Wiltshire Avenue, Lake Wales, FL 33853
PK-50.3 mi
Mclaughlin Middle School And Fine Arts Academy
800 South 4th Street, Lake Wales, FL 33853
6-81.2 mi
Bartow Senior High School
1270 South Broadway Avenue, Bartow, FL 33830
9-1215.8 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 241 E Seminole Ave

Date
Details
Price
Change
Source
7/03/2023
Sold
$750,000
-16.67%
MLS
3/07/2023
Listed
$900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by 1513 Realty Llc
Sold by Future Home Realty Inc

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241 E Seminole Avenue, Lake Wales, FL 33853 (MLS# K4902068) is a Multi-Family property that was sold at $750,000 on July 03, 2023. Want to learn more about 241 E Seminole Avenue? 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.