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    116 E Northside Dr Lake Wales, FL 33853

    For Sale
    $575,000

    Quadruplex - LAKE WALES, FL

    Type:Quadruplex
    Property size:
    2,448 SF
    Lot size:
    0.24 Acres
    Days on Market:
    57
    Last Refresh:
    Dec 11 at 7:06 am

    Property Features for 116 E Northside Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Standard status
    Active
    Zoning
    R-3
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    APN
    27-29-34-875300-001190
    Interior features
    Thermostat
    Exterior features
    Courtyard
    Size
    2,448 SF
    Lot size
    0.24 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1964
    Number of units
    4
    Building materials
    Block, Concrete
    Roof type
    Shingle
    Architectural style
    Other

    Lawhun Enterprises, LLC (407) 207-2220 [email protected]

    Listing agent Tito Urbano Perez (407) 207-2220 License #3470017

    Listing date Oct 16, 2025

    MLS# TB8437410 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Lake Wales Quadruplex

    Northside Apartments is a multifamily property with four units, situated in Lake Wales, Polk County, Florida. Constructed in 1964, the property comprises two concrete block duplexes, each featuring pitched shingle roofs. All units are configured with two bedrooms and one bathroom and have been fully renovated within the last two years. Electricity and water are sub-metered, with tenants responsible for their utility consumption. Water is supplied by the city. Trash service is included in the property taxes, which are the landlord's responsibility. The roofs are in good condition, contributing to the property’s low-maintenance profile. The property is zoned R-3 and sits on a 0.24-acre lot. The building size totals 2448 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Law Firm Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Hotel & Motel Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Wales
    County
    Polk
    State
    Florida
    Longitude
    -81.609261
    Latitude
    27.910877

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    FAQs

    What type of property is this?
    Quadplex - Fully renovated 4-unit multifamily property in Lake Wales, Florida.
    Where is this quadplex located?
    The property is located at 116 E Northside Dr Lake Wales, FL.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: - Fully renovated units within the last two years.; - Sub-metered electricity and water, with tenants responsible for utilities.; - Solid concrete block construction with pitched shingle roofs in good condition.
    (407) 207-2220
    Request Owner's contact information
    116 E Northside Dr Lake Wales, FL 33853
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    116 E Northside Dr Lake Wales, FL 33853
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