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26 W Polk Avenue, Lake Wales, FL 33853
$499,900
26 W Polk Avenue, Lake Wales, FL 33853View this property at 26 W Polk Avenue, Lake Wales, FL 33853
26 W Polk AvenueLake WalesFL33853
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Property Description
Looking for an investment opportunity look no further! This triplex also has a detached unit and is nestled on an oversized lot in the heart of Lake Wales just minutes from downtown. The front unit has 1 bedroom and 1 bathroom and is nearly 500 living sq. ft. The rear unit also has 1 bedroom and 1 bathroom with nearly 500 living sq. ft. The third unit is a studio that is roughly 400 living sq. ft. The detached unit has 2 bedrooms and 1 bathroom and is just over 600 sq. ft. All units are occupied with the monthly rents totaling $3,995.00 and an annual gross income of $47,940.00. So call today to get in on the action before this amazing opportunity slips away! ***Once property has an executed contract access will be granted during due diligence period.***
Full Property Details
Full Property Details for 26 W Polk Ave
General
- Price: $499,900
- Taxes: $2,290 (2023)
- Status: Active
- Type: Multi-Family
- MLS ID: L4944606
- Updated: 5/8/2024
- Added to Site: 25 day(s) ago
Interior
- Interior Features: Other
Rooms
Other Rooms
- Laundry: Outside
Exterior
- Exterior Features: Other
Location
- Area: 33853 - Lake Wales South
- County: Polk
- Development Name: 33853 - Lake Wales South
- Subdivision: TWIN LAKE PARK SUB
- Driving Directions: FROM HWY 60 TURN ONTO W POLK AVE. PROPERTY WILL BE IMMEDIATELY ON 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: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 2
- Exterior Const.: Wood Frame
- Roof: Shingle
- Square Feet: 1,740
- Sq. Ft. Source: Public Records
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 12,950
- Lot Size: 12950
- Lot Dimensions: 70 x 185
- Street/Road Desc.: Asphalt, Paved
Financial Considerations
- Tax Amount: $2,290.52
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%-$295
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: TWIN LAKE PARK SUB PB 3 PG 8 BLK 7 LOT 3 W 60 FT OF S 185 FT & LOT 4 E 10 FT OF S 185 FT
- Flood Zone Info: X
- APN: 273002903500007303
- Property ID: 273002903500007303
- Block/Lot/Section: 7
Listed by Keller Williams Realty Smart 1
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Schools
Schools serving 26 W Polk Ave
School District:Polk County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
501 McLeod Rd, Frostproof, FL 33843 | PK-5 | 9.7 mi | |
590 S Wilson Ave, Bartow, FL 33830 | K-5 | 15.3 mi | |
800 4th St S, Lake Wales, FL 33853 | 6-9 | 0.7 mi | |
1795 E Wabash St, Bartow, FL 33830 | 6-8 | 14.1 mi | |
1270 S Broadway Ave, Bartow, FL 33830 | 9-12 | 15.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 26 W Polk Ave
Date
Details
Price
Change
Source
5/08/2024
Listed
$499,900
64.44%
MLS
2/04/2022
Sold
$304,000
—
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 26 W Polk Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,291
28%
$103,019
27%
2022
$1,786
5%
$81,404
14%
2021
$1,705
—
$71,634
3%
2021
$1,705
-1%
$69,568
-1%
2019
$1,727
4%
$70,261
2%
2017
$1,657
—
$68,935
4%
2017
$1,657
24%
$66,169
25%
2016
$1,331
43%
$52,759
23%
2015
$928
5%
$42,853
10%
2014
$888
-41%
$38,957
-40%
2013
$1,509
—
$64,545
—
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 26 W Polk Ave
26 W Polk Avenue, Lake Wales, FL 33853 (MLS# L4944606) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 26 W Polk Avenue is currently listed for $499,900 and was received on May 08, 2024. Want to learn more about 26 W Polk 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.