Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$274,900 -$25,000 (-8.34%) Price Reduced

  • For Sale
  • Active
  • Office
See This Home
Save This Home
See This Home
Save This Home
Exceptional Commercial Property! NEW ROOF 2025! SELLER FINANCING 20% DOWN! 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. Seller financing and private financing available. Seller financing available with 20% down payment, 10% interest, 10 year term, no prepayment penalty. Don't wait-schedule your private tour today and bring your vision to life! Seller financing available.

Full Property Details for 318 S 1st St

General

  • Price: $274,900
  • Taxes: $2,617 (2024)
  • Status: Active
  • Type: Office
  • Source: MidFloridaRegionalMLS
  • MLS ID: P4936526
  • Updated: 6/25/2026
  • Added to Site: 268 day(s) ago

Rental Information

  • Complex Features: Bathrooms, Fiber Optic, Kitchen Facility, On Site Shower, Ramp, Reception, Seating, Waiting Room

Interior

  • Flooring: Carpet, Laminate, Other, Tile

Additional Information

  • Security/Safety: Smoke Detector(s)

Parking

  • Parking Features: 1 to 5 Spaces, Ground Level, Other

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.
  • Direction Faces: East

Community

  • Community Name: 33853 - Lake Wales South

Heating & Cooling

  • Cooling Type: Central Air, Other
  • Heating Type: Central, Electric, Other

Utilities

  • Sewer: Public Sewer, Other
  • Water: Public, See Remarks
  • Utility Description: BB/HS Internet Capable, Electricity Available, Other, Public, Sewer Nearby, Underground Utilities, Water Connected

Structural Information

  • # Buildings: 1
  • Exterior Const.: Concrete, Stucco, Vinyl Siding, Wood Frame
  • Basement Desc.: Crawl Space
  • Roof: Other, Shingle
  • Ceiling Type: Drywall
  • Windows: Aluminum Frames, Blinds
  • Square Feet: 1,336
  • 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: Street Lights, Street Paved, Access Road, City Street, Easement, Turn Lanes, Other
  • Street/Road Desc.: Paved, Asphalt, Other

Financial Considerations

  • Tax Amount: $2,617.13
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Sole Proprietor
  • Special Conditions: None
  • 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

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 318 S 1st St —

  • Hut Realty, Llc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 318 S 1st St

School District:Polk County School District
NameGradesDistance
Ben Hill Griffin Jr Elementary School
501 McLeod Road, Frostproof, FL 33843
PK-59.7 mi
Mclaughlin Middle School And Fine Arts Academy
800 South 4th Street, Lake Wales, FL 33853
6-80.7 mi
Bartow Senior High School
1270 South Broadway Avenue, Bartow, FL 33830
9-1215.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 318 S 1st St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/25/2026
Price Reduced
$274,900
-8.34%
MLS
11/20/2025
Price Reduced
$299,900
-14.29%
MLS
11/10/2025
Price Reduced
$349,900
-10.28%
MLS
10/01/2025
Listed
$390,000
160%
MLS
11/26/2018
Sold
$150,000
—
Public Record
Get Price Alerts and Save Property
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 for 318 S 1st St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,717
4%
$134,815
2%
2024
$2,617
-9%
$132,355
-8%
2023
$2,867
15%
$143,492
18%
2021
$2,491
-5%
$122,038
-11%
2022
$2,619
5%
$137,035
12%
2021
$2,491
-1%
$121,995
2%
2019
$2,521
97%
$119,315
105%
2017
$1,278
—
$58,112
—
2017
$1,278
4%
$57,988
7%
2016
$1,232
11%
$54,218
5%
2015
$1,114
-4%
$51,471
1%
2014
$1,161
-3%
$50,911
—
2013
$1,192
—
$50,992
—
View All
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 for 318 S 1st St

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Hut Realty, Llc

Just Listed near 318 S 1st St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3851 Muncie Rd, Babson Park, FL 33827 - Photo 1 Just Listed
$565,000

3851 Muncie Rd  Babson Park, FL 33827

  • Single Family
  • Active
  • Updated 13 hours ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,509
    Sq. Ft.
Listed by Julie Seay (863) 287-1093
0 Seminole Rd, Babson Park, FL 33827 - Photo 1 Just Listed
$699,000

0 Seminole Rd  Babson Park, FL 33827

  • Lots/Land
  • Active
  • Updated 13 hours ago
  • 35.77
    Acres
Listed by Re/Max Realty Plus
307 Nola Ln, Dundee, FL 33838 - Photo 1 Just Listed
$249,990

307 Nola Ln  Dundee, FL 33838

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,570
    Sq. Ft.
Listed by Lennar Realty
236 Hillcrest Dr, Dundee, FL 33838 - Photo 1 Just Listed
$370,000

236 Hillcrest Dr  Dundee, FL 33838

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,066
    Sq. Ft.
Listed by Jf Star Realty

Price Reduced near 318 S 1st St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

628 Tangelo Ter, Babson Park, FL 33827 - Photo 1 Price Reduced
-$22,000 (-6.71%)
$305,900

628 Tangelo Ter  Babson Park, FL 33827

  • Single Family
  • Active
  • Updated 14 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,206
    Sq. Ft.
Listed by Lgi Realty- Florida, Llc
806 Ponkan Ct, Babson Park, FL 33827 - Photo 1 Price Reduced
-$16,000 (-3.89%)
$394,900

806 Ponkan Ct  Babson Park, FL 33827

  • Single Family
  • Active
  • Updated 14 hours ago
  • 5
    Beds
  • 3
    Total Baths
  • 2,244
    Sq. Ft.
Listed by Lgi Realty- Florida, Llc
624 Tangelo Ter, Babson Park, FL 33827 - Photo 1 Price Reduced
-$15,000 (-3.89%)
$370,900

624 Tangelo Ter  Babson Park, FL 33827

  • Single Family
  • Active
  • Updated 14 hours ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,059
    Sq. Ft.
Listed by Lgi Realty- Florida, Llc
636 Tangelo Ter, Babson Park, FL 33827 - Photo 1 Price Reduced
-$13,000 (-3.67%)
$340,900

636 Tangelo Ter  Babson Park, FL 33827

  • Single Family
  • Active
  • Updated 9 hours ago
  • 4
    Beds
  • 3
    Total Baths
  • 1,811
    Sq. Ft.
Listed by Lgi Realty- Florida, Llc

Recent Sales near 318 S 1st St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

37 & 0 W Central Ave, Lake Wales, FL 33853 - Photo 1 Sold
$270,000

37 & 0 W Central Ave  Lake Wales, FL 33853

  • Business
  • Closed
Listed by Legacy Real Estate Center Inc
Sold by Xcellence
222 E Polk Ave, Lake Wales, FL 33853 - Photo 1 Sold
$240,000

222 E Polk Ave  Lake Wales, FL 33853

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,204
    Sq. Ft.
Listed by Homecoin.Com
Sold by Stellar Non-Member Office
407 E Polk Ave, Lake Wales, FL 33853 - Photo 1 Sold
$247,500

407 E Polk Ave  Lake Wales, FL 33853

  • Single Family
  • Closed
  • Updated 11 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,233
    Sq. Ft.
Listed by Legacy Real Estate Center Inc
Sold by Nona Legacy Powered By La Rosa
415 E Polk Ave, Lake Wales, FL 33853 - Photo 1 Sold
$275,000

415 E Polk Ave  #A/B  Lake Wales, FL 33853

  • Duplex
  • Closed
  • 6
    Beds
  • 3
    Total Baths
  • 1,650
    Sq. Ft.
Listed by Keller Williams Realty Smart
Sold by Transcontinental Realty Group

318 S 1st Street, Lake Wales, FL 33853 (MLS# P4936526) is a Office property. 318 S 1st Street is currently listed for $274,900 and was received on October 01, 2025. Want to learn more about 318 S 1st Street? Do you have questions about finding other Office 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.

Tour this property