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$480,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Units
  • 0.62 Acres
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***PRICE REDUCTION***Looking for an investment opportunity look no further! This single family home also has a detached 1 bedroom 2 bathroom unit, and 2 additional tiny homes. This oversized lot is nestled in the heart of Lake Wales just minutes from downtown. The single family home is nearly 2,300 living sq. ft. and is currently used for student housing. The main house has 5 bedrooms 2 bathrooms. The detached efficiency with 1 bed and 2 bathrooms. There are also two additional single family homes that are both 1 bedroom and 1 bathroom. The monthly rents total $6,900.00 and an annual gross income of $82,800.00. So call today to get in on the action before this amazing opportunity slips away!

Full Property Details for 303 E Polk Ave

General

  • Sold For: $480,000
  • Taxes: $6,581 (2023)
  • Status: Closed
  • Type: Multi-Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: L4944595
  • Added to Site: 618 day(s) ago

Interior

  • Interior Features: Other

Rooms

Bathrooms

  • Total Bathrooms: 6

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Inside, Laundry Room

Exterior

  • Exterior Features: Other

Location

  • Area: 33853 - Lake Wales South
  • County: Polk
  • Development Name: 33853 - Lake Wales South
  • Subdivision: LAKE WALES
  • Driving Directions: FROM HWY 60 TURN ONTO W POLK AVE PROPERTY WILL BE AHEAD ON LEFT

Community

  • Community Name: 33853 - Lake Wales South

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Sewer Connected, Water Connected

Structural Information

  • # Buildings: 4
  • Exterior Const.: Wood Frame
  • Roof: Shingle
  • Square Feet: 3,669
  • Sq. Ft. Source: Public Records
  • Living Area: 3,669 Sq. Ft.
  • Year Built: 1925

Lot Features

  • Lot Size (Acres): 0.62
  • Lot Size (Sq. Ft.): 26,990
  • Lot Size: 26990
  • Lot Dimensions: 150 x 180
  • Street/Road Desc.: Asphalt, Paved

Financial Considerations

  • Tax Amount: $6,581.78
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: LAKE WALES PB 1 PG 88A 88B S1&2 T30 R27 BLK 50 LOTS 6 & 7
  • Flood Zone Info: X
  • APN: 273001883000050060
  • Property ID: 273001883000050060
  • Block/Lot/Section: 50

Listed by Keller Williams Realty Smart 1
Sold by Agile Group Realty

Listing agent

— 303 E Polk Ave —

  • Keller Williams Realty Smart 1

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 303 E Polk Ave

School District:Polk County School District
NameGradesDistance
Ben Hill Griffin Jr Elementary School
501 McLeod Road, Frostproof, FL 33843
PK-59.6 mi
Mclaughlin Middle School And Fine Arts Academy
800 South 4th Street, Lake Wales, FL 33853
6-80.6 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 303 E Polk Ave

Date
Details
Price
Change
Source
10/01/2025
Sold
$480,000
-1.33%
MLS
8/25/2025
Price Reduced
$486,460
-3%
MLS
5/10/2025
Price Reduced
$501,505
-5%
MLS
3/18/2025
Price Reduced
$527,900
-4%
MLS
8/14/2024
Price Reduced
$549,900
-3.53%
MLS
5/08/2024
Listed
$570,000
—
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 Keller Williams Realty Smart 1
Sold by Agile Group Realty

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Recent Sales near 303 E Polk Ave

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303 E Polk Avenue, Lake Wales, FL 33853 (MLS# L4944595) is a Multi-Family property that was sold at $480,000 on October 01, 2025. Want to learn more about 303 E 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.