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$320,000
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Property Description
PRICE IMPROVEMENT. SELLERS ARE MOTIVATED so bring your offers. This is your chance to own a UNIQUE COMMERCIAL BUILDING IN THE HEART of Historic Downtown Lake Wales. The building offers many options for multi-use, so allow your imagination to create the perfect retail shop, restaurant or office space. Zoning also permits the conversion to apartment upstairs. This unit is part of the Bullard Building Condominium Association and presents a rare opportunity to work or live n the delightful downtown area which is currently undergoing revitalization projects by the city. The 2 story unit features 4,388 SqFt of space which includes the reception area, offices, one large open room, restrooms, storage areas, a distinctive front staircase as well as a 2nd staircase at the rear of the building that provides access to an office/work room in the mezzanine and to the second floor. The second floor offers a big open area previously used as a dance studio, along with two offices, storage closets and a small kitchen area ready for your new vision. The 14' ceilings with exposed beams and original wood floors provide an eclectic style. The common area of the building includes an elevator along with additional restrooms. The Condo Assn fees cover roof repair/replacement, hazard insurance, pest control, fire alarm monitoring, common area electricity, grounds, main building maintenance, 24- hour elevator service, inspections, and reserves. Really must see to appreciate.
Full Property Details
Full Property Details for 247 E Stuart Ave
General
- Sold For: $320,000
- HOA FEE: $1,469/month
- HOA FEE FREQ.: Quarterly
- Taxes: $4,450 (2023)
- Status: Closed
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: B4901517
- Added to Site: 647 day(s) ago
Location
- Area: 33853 - Lake Wales South
- County: Polk
- Development Name: 33853 - Lake Wales South
- Subdivision: BULLARD BLDG CONDO
- Driving Directions: From Orlando: Follow I-4 West to Exit 55, follow US 27 S, turn left onto E Stuart Ave, building on the left From Tampa: Follow I-4 East to Exit 55, follow US 27 S, turn left onto E Stuart Ave, building on the left From Miami: Follow I-95 N to Exit 193 to SR 60 West, turn right on E Stuart Ave, building on the left
Community
- Community Name: 33853 - Lake Wales South
- Assoc. Name: Catherine Mazzullo
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- # Buildings: 1
- Exterior Const.: Block, Brick
- Square Feet: 4,388
- Living Area: 4,388 Sq. Ft.
- Year Built: 1919
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,487
- Lot Size: 2487
- Frontage: Business District, City Street
- Street/Road Desc.: Asphalt
Financial Considerations
- Condo Fee: $4,407
- Condo Fee Freq: Quarterly
- Tax Amount: $4,450
- Tax Year: 2023
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: THE BULLARD BUILDING CONDOMINIUM OR 2592 PGS 1028 THRU 1064 UNIT 1 & W 30 FT OF UNIT 6 A/K/A UNIT 1 AS PER AMENDED DECLARATION REC IN OR 7765 PGS 1561 -1566 AND AN UNDIVIDED INTEREST IN THE COMMON ELEMENTS AS PER CONDO DECLARATION
- Flood Zone Info: X
- Disclosures/Reports: Condominium Disclosure Available
- APN: 273002910033001010
- Property ID: 273002910033001010
Listed and Sold by Julie Clark Real Estate
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Schools
Schools serving 247 E Stuart 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 | 0.9 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 247 E Stuart Ave
Date
Details
Price
Change
Source
10/04/2024
Sold
$320,000
-8.57%
MLS
7/16/2024
Price Reduced
$350,000
-12.28%
MLS
4/09/2024
Listed
$399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
247 E Stuart Avenue, Lake Wales, FL 33853 (MLS# B4901517) is a Commercial property that was sold at $320,000 on October 04, 2024. Want to learn more about 247 E Stuart 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.

