Lake Wales, FL Apartment buildings for sale

Income-Generating Multifamily Property in Lake Wales

$799,000

5,030 SF

Income-Generating Multifamily Property in Lake Wales

315 RIDGE MANOR DRIVE, Lake Wales, FL 33853

Eleven-unit multifamily property with long-term leases and convenient location.

Immediate and stable income from 11 fully occupied units with long‑term leases.
Convenient location with easy access to schools, shopping, medical facilities, and major highways (Hwy 27 and SR 60).
Recent improvements: new roof and new septic drainfield.
Versatile mixed‑unit multifamily property designed to minimize vacancies.
Desirable rental location with easy commuting in all directions.

Updated: Mar 20

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$290,000

Downtown Lake Wales Redevelopment Opportunity

215 LINCOLN Ave, Lake Wales, FL 33853

Mixed-use property with redevelopment potential in downtown Lake Wales.

Prime mixed‑use redevelopment opportunity in downtown Lake Wales.
Eligible for Lake Wales CRA Business Incentive Program (grants and redevelopment incentives).
Two‑story concrete block building with renovation‑ready apartments above and commercial space below.
Ground floor is suitable for retail, office, or food & beverage.
Solid foundation, concrete block construction, and existing plumbing/electrical infrastructure.

Updated: Apr 24

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$799,000

4,264 SF

Lakefront Multi-Family Income Property

Unique lakefront 6-unit income property in Highland Park, Florida.

1854 HIGHLAND PARK DRIVE S, Lake Wales, FL 33898

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Historic Multifamily Investment Opportunity

$550,000

4,408 SF

Historic Multifamily Investment Opportunity

Two-story, six-unit property in Lake Wales, Florida.

428 E Johnson Ave, Lake Wales, FL 33853

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$824,900

4,264 SF

Lakefront 6-Unit Income Property

Lakefront 6-unit property on one acre in Highland Park.

1854 Highland Park Drive S #A-F, Lake Wales, FL 33898

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Multifamily Property with Strong Rental Appeal

$799,000

5,030 SF

Multifamily Property with Strong Rental Appeal

Eleven-unit multifamily property with long-term leases and convenient location.

315 Ridge Manor Dr, Lake Wales, FL 33853

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$1,650,000

8,480 SF

Historic Lake Wales Mixed-Use Building

Historic mixed-use building with commercial suites and residential apartments.

244 E PARK Avenue, Lake Wales, FL 33853

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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 7 Active listings in Lake Wales, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multi-Family Investment Opportunity in Dundee

$750,000

3,606 SF

Multi-Family Investment Opportunity in Dundee

Income-producing multi-family property with expansion potential on 2.68 acres.

1002 DANIELS STREET, Dundee, FL 33838

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Income-Producing Multifamily Property on Acreage

$750,000

2.68 Acres

Income-Producing Multifamily Property on Acreage

Multifamily property with 11 units on 2.68 acres.

1002 DANIELS St, Dundee, FL 33838

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Winter Haven 10-Plex Investment Opportunity

$925,000

0.31 Acres

Winter Haven 10-Plex Investment Opportunity

Fully occupied 10-unit property in Winter Haven, Florida.

953 6TH St SE, Winter Haven, FL 33880

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Contact for pricing

Winter Haven Multifamily Portfolio

Three properties totaling 159 units in Winter Haven, Florida.

418 19th St SE, Winter Haven, FL 33884

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$2,225,000

0.34 Acres

Waterfront Lot in Treasure Island

Waterfront lot zoned for multifamily residential use in Treasure Island.

141 104TH AVENUE, Treasure Island, FL 33706

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$4,350,000

0.96 Acres

Prime Miami Development Opportunity

Rare 1-acre parcel in Miami, pre-approved for 80+ units.

2801 NW 102nd St, Miami, FL 33165

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$675,000

143,748 SF

Ocean Springs Highway 90 Land

3.3 acre commercial land on Highway 90, Ocean Springs.

Bienville Blvd, Ocean Springs, MS 39564

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$699,900

1.33 Acres

Greenville Development Opportunity: 1.33 Acres

1.33 acre parcel suitable for multi-family development near downtown.

71 Salters Road, Greenville, SC 29607

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Off-Market Properties in Lake Wales, FL

Consider similar Off-Market properties in Lake Wales, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Multifamily properties

11,937 SF

Value Estimation by Request

116 Northside Dr, Lake Wales, FL 33853

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Multifamily properties

4,670 SF

315 Ridge Manor Dr, Lake Wales, FL 33853

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Churches & religious facilities

293,159 SF Lot: 6.73 Acres

10721 Leisure Ln, Lake Wales, FL 33898

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Multifamily properties

Lot: 76.95 Acres

Value Estimation by Request

Burns Ave

0 Burns Ave, Lake Wales, FL 33853

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Lake Wales, FL Apartment Buildings Investment Opportunities Market Analysis

Explore 11 apartment buildings for sale in Lake Wales, FL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 31,476 square feet of properties for sale, with an estimated market value of $5,447,800.

Sale prices for two-family homes in Lake Wales, FL start at $550,000, averaging $907,966, and reaching up to $1,650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
33898	$812K
33853	$817.6K

Neighborhood

Average Price

33898

$812K

33853

$817.6K

Lake Wales, FL Apartment Buildings for Sale

Income-Generating Multifamily Property in Lake Wales

Eleven-unit multifamily property with long-term leases and convenient location.