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Property Description
Truly rare opportunity to own a piece of Lake Wales History and the painstaking task of historic preservation has already been done! Built in 1915, the J.T. Rhodes Building was one of the first two brick-and-mortar buildings in Lake Wales. The City owes its origin to the building, where the villagers gathered upstairs in what was then the Masonic Hall on the night of April 27, 1917 to sign a petition to the Legislature for the issuance of a city charter. The Legislature responded by incorporating the City, whose charter was signed into law by Governor Sidney J. Catts on May 28, 1917. This amazing piece of architecture is home to one of the few mixed-use buildings in downtown. Downstairs are 2 commercial suites, with long term tenants in place! Upstairs you will find 4 well-appointed and thoughtfully designed apartments! All of the apartments have in unit laundry, modern kitchens with all new appliances, original hardwood flooring, timeless baths, spacious rooms and high ceilings... all while maintaining the historic character & charm! The completion of this building is perfectly timed with the revitalization of downtown Lake Wales, the property is positioned at the heart of the city's walkable new streetscape - complete with brick paved streets, lush park-like settings and a growing calendar of community events! The City is in the process of designating downtown Lake Wales an Arts, Cultural & Entertainment (ACE) District which will provide an environment welcoming growth and promoting prosperity! The investment in this renovation and historic preservation is unmatched, with no detail overlooked. The goal was to preserve this piece of history for the next 100 years and every decision was made with that long term vision.... An invaluable gift to the person lucky enough to be the new owner, entrusted with the legacy of the J. T. Rhodes building!
Full Property Details
Full Property Details for 244 E Park Ave
General
- Price: $1,650,000
- Taxes: $8,696 (2025)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: K4903016
- Updated: 1/31/2026
- Added to Site: 208 day(s) ago
Interior
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Flooring: Tile
Additional Information
- Security/Safety: Fire Sprinkler System, Smoke Detector(s)
Location
- Area: 33853 - Lake Wales South
- County: Polk
- Development Name: 33853 - Lake Wales South
- Subdivision: LAKE WALES
- Driving Directions: From Hwy 27, turn east onto Central Ave, turn left onto Scenic Hwy, turn left onto Park Ave, building is on the left.
Community
- Community Name: 33853 - Lake Wales South
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Brick
- Roof: Built-Up
- Square Feet: 8,480
- Sq. Ft. Source: Public Records
- Year Built: 1915
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,401
- Lot Size: 5401
- Frontage: Street Lights, Street Paved, Business District, City Street
- Street/Road Desc.: Paved, Asphalt
Financial Considerations
- Tax Amount: $8,696.7
- Tax Year: 2025
Disclosures and Reports
- Ownership: Other
- Special Conditions: None
- Legal Description: LAKE WALES PB 1 PG 88A 88B S1&2 T30 R27 BLK 28 LOTS 2 & 3
- Flood Zone Info: X
- APN: 273001883000028020
- Property ID: 273001883000028020
- Block/Lot/Section: 28
Listed by Legacy Real Estate Center Inc
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Schools
Schools serving 244 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 244 E Park Ave
Date
Details
Price
Change
Source
7/18/2025
Listed
$1,650,000
312.5%
MLS
8/02/2021
Sold
$400,000
—
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 244 E Park Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,170
-1%
$355,774
2%
2024
$7,207
-5%
$349,428
-5%
2023
$7,626
13%
$366,511
16%
2021
$6,737
-4%
$315,319
-9%
2022
$7,027
4%
$346,713
9%
2021
$6,737
1%
$318,649
5%
2017
$6,658
—
$303,664
2%
2017
$6,658
5%
$297,728
8%
2016
$6,352
16%
$275,141
9%
2015
$5,473
-20%
$252,888
-18%
2019
$6,813
23%
$308,189
27%
2014
$5,534
-36%
$242,658
-34%
2013
$8,619
—
$368,625
—
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 244 E Park Ave
244 E Park Avenue, Lake Wales, FL 33853 (MLS# K4903016) is a Commercial property. 244 E Park Avenue is currently listed for $1,650,000 and was received on July 18, 2025. Want to learn more about 244 E Park Avenue? Do you have questions about finding other Commercial 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.

