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Lake Wales, FL Apartment Buildings for Sale

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6 results
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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Historic Multifamily Investment Opportunity
$550,000
4,408 SF

Historic Multifamily Investment Opportunity

428 E Johnson Ave, Lake Wales, FL 33853

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

  • Six spacious 1‑bedroom / 1‑bathroom units totaling 4,408 SF.
  • Value‑add potential through further renovations to maximize rental income.
  • Located in the heart of Lake Wales, close to historic downtown, shopping, dining, cultural attractions, parks, and schools.
  • Generous 0.52‑acre lot zoned R‑1B.
  • Historic multifamily property constructed in 1928 with preserved architectural details and historic charm.
Updated: Nov 26, 2025
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Lakefront Multi-Family Income Property
$824,900
4,264 SF

Lakefront Multi-Family Income Property

Lakefront 6-unit property in Highland Park, generating approximately $6850 monthly.

1854 HIGHLAND PARK DRIVE S, Lake Wales, FL 33898
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Lakefront 6-Unit Income Property
$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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Historic Lake Wales Mixed-Use Building
$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 18 Potential Opportunities for your consideration. Besides 6 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.

Explore 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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Winter Haven Multi-Family Investment
$2,600,000
900 SF

Winter Haven Multi-Family Investment

Income-producing property with 17 units in Winter Haven, Florida.

2300 CANNON TERRACE NW, Winter Haven, FL 33881
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Waterfront Multifamily Investment Opportunity
$849,500
3,792 SF

Waterfront Multifamily Investment Opportunity

Nine-unit waterfront multifamily property in Dundee, Florida with income potential.

1210 STATE ROAD 17 S, 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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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.

Prime Miami Development Opportunity
$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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Ocean Springs Highway 90 Land
$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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Greenville Development Opportunity: 1.33 Acres
$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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Multifamily Development Opportunity in Charlotte
$559,700
0.47 Acres

Multifamily Development Opportunity in Charlotte

Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

4312 Tantilla Circle, Charlotte, NC 28215
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Explore 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.

116 Northside Dr

116 Northside Dr

Multifamily properties • 11,937 SF
Value Estimation by Request
116 Northside Dr, Lake Wales, FL 33853
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315 Ridge Manor Dr

315 Ridge Manor Dr

Multifamily properties • 4,670 SF
Value Estimation by Request
315 Ridge Manor Dr, Lake Wales, FL 33853
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10721 Leisure Ln

10721 Leisure Ln

Churches & religious facilities • 293,159 SF
Value Estimation by Request
10721 Leisure Ln, Lake Wales, FL 33898
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Burns Ave

Burns Ave

Multifamily properties • 76.95 Acres
Value Estimation by Request
0 Burns Ave, Lake Wales, FL 33853
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Lake Wales, FL Apartment Buildings Investment Opportunities Market Analysis

Explore 10 apartment buildings for sale in Lake Wales, FL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 77,537 square feet of properties for sale, with an estimated market value of $1,623,900.

Sale prices for two-family homes in Lake Wales, FL start at $799,000, averaging $811,950, and reaching up to $824,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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