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$275,000 Just Listed

  • For Sale
  • Active
  • Duplex
  • 4 Beds
  • 2 Total Baths
  • 1,782 Sq. Ft.
  • Updated 2 days ago
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Virtually Staged. INVESTMENT OPPORTUNITY in Lake Wales! This well-constructed brick duplex presents an excellent opportunity to acquire an income-producing property with additional value-add potential. The property consists of two spacious 2-bedroom, 1-bath units, each offering an oversized driveway for ample off-street parking and access to a fenced-in backyard. The durable brick construction and solid foundation provide a strong starting point for continued ownership and improvement. Several significant updates have already been completed. Unit 648 features an AC system, water heater, and luxury vinyl plank flooring installed approximately two years ago. The property was also updated with new plumbing approximately two and a half years ago, and the septic tank and drain field were replaced approximately four and a half years ago. One unit is currently rented, while the second unit is vacant and provides an opportunity for an investor to renovate, lease, and increase overall income potential. With approximately $30,000 in potential annual rental income when fully occupied, this property offers the opportunity to combine existing rental income with future upside through strategic improvements. Located in Lake Wales, the property provides convenient access to local shopping, dining, schools, parks, and major roadways, making it a practical location for both residents and rental tenants. A solid opportunity for an investor seeking a two-unit property with established improvements and room to add value.

Full Property Details for 646 Beverly Dr #646 and 648

General

  • Price: $275,000
  • Taxes: $3,414 (2026)
  • Status: Active
  • Type: Duplex
  • Source: MidFloridaRegionalMLS
  • MLS ID: L4965188
  • Updated: 9/21/2026
  • Added to Site: 2 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Split Bedroom
  • Appliances: Range, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Carpet, Concrete

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Electric Dryer Hookup, In Kitchen, Laundry Closet, Washer Hookup

Exterior

  • Exterior Features: Fenced, Lighting, Private Entrance, Private Mailbox, Private Yard, Rain Gutters, Sidewalk
  • Deck/Patio: Front Porch, Rear Porch
  • Porch/Patio/Deck: Front Porch, Rear Porch

Parking

  • Parking Features: Driveway

Location

  • Area: 33853 - Lake Wales South
  • County: Polk
  • Development Name: 33853 - Lake Wales South
  • Subdivision: RIDGE MANOR
  • Driving Directions: From U.S. Highway 27 in Lake Wales, head east on State Road 60. Turn south onto Scenic Highway, then turn onto Beverly Drive. Continue on Beverly Drive to the destination.

Community

  • Community Name: 33853 - Lake Wales South
  • Pet Restrictions: All info is deemed reliable but should be verified with the county by the buyer and their agent

Heating & Cooling

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

Utilities

  • Sewer: Septic Tank
  • Water: Public
  • Utility Description: Cable TV Available, Electricity Available, Public

Structural Information

  • # Buildings: 1
  • Exterior Const.: Block, Stucco
  • Roof: Shingle
  • Windows: Blinds, Window Treatments
  • Stories/Levels: One
  • Square Feet: 1,782
  • Sq. Ft. Source: Public Records
  • Year Built: 1983

Lot Features

  • Property View: Trees/Woods
  • Lot Size (Acres): 0.26
  • Lot Size (Sq. Ft.): 11,173
  • Lot Size: 11173
  • Lot Dimensions: 68 x 160
  • Street/Road Desc.: Asphalt, Paved

Financial Considerations

  • Tax Amount: $3,414.78
  • Tax Year: 2026

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: RIDGE MANOR FIRST UNIT PB 12 PG 10 IN SEC 12 T30 R27 BLK 3 LOT 11
  • Flood Zone Info: X
  • APN: 273011915500003110
  • Property ID: 273011915500003110
  • Block/Lot/Section: 3

Listed by Keller Williams Realty Smart 1

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— 646 Beverly Dr #646 and 648 —

  • Keller Williams Realty Smart 1

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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Schools serving 646 Beverly Dr #646 and 648

School District:Polk County School District
NameGradesDistance
Ben Hill Griffin Jr Elementary School
501 McLeod Road, Frostproof, FL 33843
PK-58.6 mi
Mclaughlin Middle School And Fine Arts Academy
800 South 4th Street, Lake Wales, FL 33853
6-80.5 mi
Frostproof Middle/Senior High School
1000 North Palm Avenue, Frostproof, FL 33843
6-88.9 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 646 Beverly Dr #646 and 648 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/21/2026
Listed
$275,000
301.46%
MLS
9/04/2001
Sold
$68,500
—
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 646 Beverly Dr #646 and 648

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,986
-23%
$104,639
-28%
2024
$2,563
68%
$146,304
44%
2023
$1,528
-17%
$101,490
13%
2021
$1,844
93%
$89,766
-8%
2022
$954
-48%
$97,263
50%
2021
$1,844
12%
$64,972
-4%
2019
$1,652
5%
$67,709
1%
2017
$1,580
—
$66,890
3%
2017
$1,580
7%
$64,814
8%
2016
$1,481
3%
$60,035
7%
2015
$1,441
5%
$55,945
4%
2014
$1,371
-1%
$53,722
1%
2013
$1,385
—
$53,411
—
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.

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646 Beverly Drive #646 and 648, Lake Wales, FL 33853 (MLS# L4965188) is a Duplex property with 4 bedrooms and 0 full bathrooms. 646 Beverly Drive #646 and 648 is currently listed for $275,000 and was received on September 21, 2026. Want to learn more about 646 Beverly Drive #646 and 648? Do you have questions about finding other Duplex 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.

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