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1854 HIGHLAND PARK DRIVE S Lake Wales, FL 33898

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For Sale
$824,900

Multi-Family 5+ - LAKE WALES, FL

Property size:
4,264 SF
Lot size:
0.99 Acres
Added:
Mar 19, 2024
Days on Market:
751
Last Refresh:
Apr 8 at 1:06 am

Property Features for 1854 HIGHLAND PARK DRIVE S

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-2
Bedrooms
6
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Pets allowed
Yes
Interior features
Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom
Exterior features
Paved, Outbuildings, Balcony, Rain Gutters, Storage
Appliances
Dryer, Range, Refrigerator
Standard status
Active
APN
27-30-13-927000-000690
Size
4,264 SF
Lot size
0.99 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
12067

Utilities

Heating system
Baseboard, Electric (Heating)
Cooling system
Multi Units, Wall/Window Unit(s), Window Unit(s)
Water front features
Lake Front, Waterfront
Water front
1

Building Details

Year built
1923
Number of units
6
Flooring type
Carpet, Tile, Tile - Ceramic, Wood
Building materials
Frame, Stucco
Roof type
Shingle
Architectural style
Other
Additional Structures
Outbuilding, Storage

We can help!

Listing Contact
Dolores Vogel
Dolores Vogel

Listing agent Dolores Vogel License #621090

Listing office LEGACY REAL ESTATE CENTER INC 218 East Park Avenue, Lake Wales, FL

Listing date Mar 19, 2024

MLS# K4902471 Listing URL

Copyright © 2026 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

Lakefront Multi-Family Income Property

This multi-family property offers a unique opportunity with its lakefront location. Situated on a large one-acre lot, the property features 100 feet of frontage on Lake Easy. The 4264+ square foot building is located in the village of Highland Park, which offers a community park and walkable streets. The area is characterized by mature landscaping, creating a nostalgic neighborhood atmosphere. Lake Easy provides opportunities for fishing and recreation. The property contains six units. There are two downstairs 2-bedroom, 2-bath units with lakefront views, two upstairs 1-bedroom, 1-bath units, also with lakefront views, and two studio units without lakefront views. Most of the units have been recently updated, with only one unit needing updates upon tenant turnover. All units have leases in place, generating approximately $6850 in monthly income. The property is zoned R-2.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Map

City
Lake Wales
County
Polk
State
Florida
Longitude
-81.559336
Latitude
27.865639

FAQs

What type of property is this?
Apartment building - Lakefront 6-unit property in Highland Park, generating approximately $6850 monthly.
Where is this apartment building located?
The property is located at 1854 HIGHLAND PARK DRIVE S Lake Wales, FL.
What is the asking price?
The asking price for this property is $824,900.
What are key features of this property?
This property features: Lakefront Property: Enjoy 100 feet of frontage on Lake Easy, perfect for fishing and recreation.; Income‑Generating: Fully leased 6‑unit multi‑family property generating approximately $6850 monthly income.; Large one‑acre lot with mature landscaping.
More about this property
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