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$250,000
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Property Description
Investor Alert!! in Downtown Lake Wales... A Unique 1920'S 2 Story Brick Building With Commercial and Residential Units. 2 Spacious Downstairs Units With About 1875 Sq Ft Each, 1 Is Currently Rented, 4 Units Upstairs Which Are 1 Bed 1 Bath Apartment Units Of Which 2 Are Livable and 2 Are in Need Of Major Rehab. The Roof and Electric and Ac Have Been Updated. It Is Definitely A Project ....But It Has Great Bones and Includes 1 Vacant Lot. This Property Is Priced To Sell, So Don't Deelay Call Today.
Full Property Details
Full Property Details for 38 W Orange Ave
General
- Sold For: $250,000
- Taxes: $3,944 (2025)
- Status: Closed
- Type: Multi-Family
- Source: MidFloridaRegionalMLS
- MLS ID: K4903065
- Added to Site: 128 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Interior Features: Ceiling Fan(s)
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Private Mailbox, Sidewalk
Parking
- Parking Features: Driveway, Off Street
Location
- Area: 33853 - Lake Wales South
- County: Polk
- Development Name: 33853 - Lake Wales South
- Subdivision: RHODESBILT NEW CENTER
- Driving Directions: TAKE CENTRAL AVE. EAST FROM US HWY 27, LEFT ON 1ST STREET, LEFT ON ORANGE AVE, THE PROPERTY IS ON THE RIGHT.
Community
- Community Name: 33853 - Lake Wales South
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electricity Connected, Fire Hydrant, Public, Sewer Connected, Street Lights, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Brick, Stucco
- Roof: Built-Up
- Stories/Levels: Two
- Square Feet: 7,500
- Sq. Ft. Source: Public Records
- Living Area: 7,500 Sq. Ft.
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.45
- Lot Size (Sq. Ft.): 19,602
- Lot Size: 19602
- Lot Dimensions: 187' x 103' M/L
- Frontage: Street Paved
- Street/Road Desc.: Paved, Asphalt
Financial Considerations
- Tax Amount: $3,944
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOTS 11, 12 & 13 BLOCK 1 RHODESBILT NEW CENTER SUB. PB 8 PG 33, POLK CO., FL
- Flood Zone Info: X
- APN: 273002902000001120
- Property ID: 273002902000001120
- Block/Lot/Section: 1120
Listed by Westlake Real Estate Co., Inc.
Sold by Dash Real Estate Company
Get Pre-Approved Today
Schools
Schools serving 38 W Orange Ave
School District:Polk County School District
| Name | Grades | Distance |
|---|---|---|
Ben Hill Griffin Jr Elementary School 501 McLeod Road, Frostproof, FL 33843 | PK-5 | 10.1 mi |
Mclaughlin Middle School And Fine Arts Academy 800 South 4th Street, Lake Wales, FL 33853 | 6-8 | 1.1 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 38 W Orange Ave
Date
Details
Price
Change
Source
11/06/2025
Sold
$250,000
32.28%
MLS
9/12/2025
Listed
$189,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
38 W Orange Avenue, Lake Wales, FL 33853 (MLS# K4903065) is a Multi-Family property that was sold at $250,000 on November 06, 2025. Want to learn more about 38 W Orange 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.

