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$1,500
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Property Description
GREAT LOCATION! Exceptional Commercial Property, OFFICE WITH PRIVATE PARKING in the Heart of Downtown Lake Wales! This beautifully maintained 1,336 Sq Ft office building offers the perfect blend of charm, functionality, and unbeatable location. Nestled near shops, restaurants, and major highways, this versatile property is ideal for a boutique, childcare center, wellness spa, medical services, or professional office. With a welcoming reception area, spacious kitchen, bathroom with shower, high-speed fiber optic internet, and ADA-compliant features including a handicap ramp and railings, it's designed for success. The property includes private parking for up to 5 vehicles, excellent street visibility, and convenient access with a turn lane. Set on a 6,251 Sq Ft lot, this move-in-ready gem is your chance to secure a prime location for your business or investment portfolio in a thriving downtown area. Don't wait-schedule your private tour today and bring your vision to life! Seller financing available.
Full Property Details
Full Property Details for 318 S 1st St
General
- Price: $1,500
- Taxes: $2,617 (2024)
- Status: Active
- Type: Commercial Lease
- Source: MidFloridaRegionalMLS
- MLS ID: P4936541
- Updated: 12/9/2025
- Added to Site: 108 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Location
- Area: 33853 - Lake Wales South
- County: Polk
- Development Name: 33853 - Lake Wales South
- Subdivision: TWIN LAKE PARK SUB
- Driving Directions: From Highway 27, head east on W Polk Ave (Route 60). Turn left onto S 1st Ave, and the property will be on your left.
Community
- Community Name: 33853 - Lake Wales South
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Utility Description: Electrical Nearby, Electricity Available, Public, Sewer Nearby, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Concrete, Stucco, Vinyl Siding, Wood Frame
- Square Feet: 1,336
- Sq. Ft. Source: Public Records
- Year Built: 1938
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,251
- Lot Size: 6251
- Lot Dimensions: 50 x 125
- Frontage: Access Road, Easement
- Street/Road Desc.: Other
Financial Considerations
- Tax Amount: $2,617.13
- Tax Year: 2024
Disclosures and Reports
- Legal Description: TWIN LAKE PARK SUB PB 3 PG 8 BLK 7 LOT 1 N 50 FT OF S 100 FT OF N 200 FT
- Flood Zone Info: X
- APN: 273002903500007102
- Property ID: 273002903500007102
- Block/Lot/Section: 7
Listed by Hut Realty, Llc
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Schools
Schools serving 318 S 1st St
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Ben Hill Griffin Jr Elementary School 501 McLeod Road, Frostproof, FL 33843 | PK-5 | 9.7 mi |
Mclaughlin Middle School And Fine Arts Academy 800 South 4th Street, Lake Wales, FL 33853 | 6-8 | 0.7 mi |
Bartow Senior High School 1270 South Broadway Avenue, Bartow, FL 33830 | 9-12 | 15.5 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 318 S 1st St
Date
Details
Price
Change
Source
11/10/2025
Price Reduced
$1,500
-25%
MLS
10/03/2025
Listed
$2,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 318 S 1st St
318 S 1st Street, Lake Wales, FL 33853 (MLS# P4936541) is a Commercial Lease property. 318 S 1st Street is currently listed for $1,500 and was received on October 03, 2025. Want to learn more about 318 S 1st Street? Do you have questions about finding other Commercial Lease 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.

