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$525,000 -$25,000 (-4.55%) Price Reduced
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Property Description
Explore this prime commercial property located in downtown Lake Wales. This property boast 7,200 Sqft. The property is zoned Downtown/Mixed Use with a large array of uses. Ideal for businesses seeking ample space for operations, client meetings, and storage needs. Road frontage to Central Ave with an abundant amount of through traffic. The property has 2 separate electrical meters for potential of running multiple business out the building. Take advantage of this opportunity to establish your business or investment potential in a central location in Lake Wales!
Full Property Details
Full Property Details for 61 W Central Ave
General
- Price: $525,000
- Taxes: $5,767 (2024)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: O6283216
- Updated: 2/22/2026
- Added to Site: 366 day(s) ago
Rental Information
- Complex Features: Bathrooms
Interior
- Flooring: Concrete, Laminate
Parking
- Parking Features: 6 to 12 Spaces, Curb Parking
Location
- Area: 33853 - Lake Wales South
- County: Polk
- Development Name: 33853 - Lake Wales South
- Subdivision: HECKSCHER SECOND ADD
- Driving Directions: From Hwy 27, turn East onto Central Ave, building is on the right hand side, there is a large mural on the side wall with a parking lot (at the corner with the traffic light)
Community
- Community Name: 33853 - Lake Wales South
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public
Structural Information
- # Buildings: 1
- Exterior Const.: Concrete
- Roof: Shingle
- Ceiling Type: Acoustical
- Ceiling Height: 10 to 15 Feet
- Square Feet: 7,200
- Sq. Ft. Source: Public Records
- Year Built: 1954
Lot Features
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,874
- Lot Size: 11874
- Lot Dimensions: 118.4 x 100
- Frontage: City Street, Main Throrughfare
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $5,767.79
- Tax Year: 2024
Disclosures and Reports
- Ownership: Other
- Special Conditions: None
- Legal Description: HECKSCHER SECOND ADD PB 6 PG 45 BLK 1 LOTS 14 THRU 20 LESS BEG NE COR LOT 14 RUN W 91.59 FT S 100.02 FT E 90.92 FT N 100.02 FT TO POB
- Flood Zone Info: X
- APN: 273002907000001171
- Property ID: 273002907000001171
- Block/Lot/Section: 1
Listed by Avanti Way Realty Llc
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Schools
Schools serving 61 W Central 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 mi |
Mclaughlin Middle School And Fine Arts Academy 800 South 4th Street, Lake Wales, FL 33853 | 6-8 | 1 mi |
Bartow Senior High School 1270 South Broadway Avenue, Bartow, FL 33830 | 9-12 | 15.4 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 61 W Central Ave
Date
Details
Price
Change
Source
2/22/2026
Price Reduced
$525,000
-4.55%
MLS
9/26/2025
Price Reduced
$550,000
-5.01%
MLS
7/15/2025
Price Reduced
$579,000
-1.86%
MLS
5/14/2025
Price Reduced
$590,000
-1.67%
MLS
2/21/2025
Listed
$600,000
155.32%
MLS
11/30/2020
Sold
$235,000
—
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 61 W Central Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,123
6%
$309,772
7%
2024
$5,768
9%
$289,135
16%
2023
$5,274
10%
$249,328
13%
2021
$4,802
-3%
$221,262
-8%
2022
$4,959
3%
$240,818
-20%
2021
$4,802
16%
$300,681
63%
2017
$4,130
—
$184,599
3%
2017
$4,130
4%
$179,082
7%
2016
$3,988
14%
$167,446
4%
2015
$3,493
-32%
$161,382
-21%
2019
$5,113
26%
$203,059
14%
2014
$4,056
-5%
$177,860
-3%
2013
$4,280
—
$183,061
—
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 61 W Central Ave
61 W Central Avenue, Lake Wales, FL 33853 (MLS# O6283216) is a Commercial property. 61 W Central Avenue is currently listed for $525,000 and was received on February 21, 2025. Want to learn more about 61 W Central Avenue? Do you have questions about finding other Commercial 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.

