315 RIDGE MANOR DRIVE Lake Wales, FL 33853
- Added:
- Mar 20, 2026
- Days on Market:
- 49
- Last Refresh:
- May 7 at 9:06 am
Property Features for 315 RIDGE MANOR DRIVE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- R-2
- Bedrooms
- 6
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Interior features
- Window Treatments
- Exterior features
- Storage
- Fireplace
- 1
- Standard status
- Pending
- APN
- 27-30-11-916000-011040
- Size
- 5,030 SF
- Lot size
- 0.79 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9928
Utilities
- Heating system
- Electric (Heating), Fireplace(s), Space Heater
- Cooling system
- Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1926
- Number of units
- 11
- Building materials
- Frame, Stucco
- Roof type
- Shingle
- Architectural style
- Other
- Additional Structures
- Storage
Listing agent Dolores Vogel License #621090 (863) 632-5573
Listing office LEGACY REAL ESTATE CENTER INC 218 East Park Avenue, Lake Wales, FL (863) 676-0200
Listing date Mar 20, 2026
MLS# K4903360
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.
HighLights
- 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.
- Durable stucco exterior and frame construction.
Overview
Income-Generating Multifamily Property in Lake Wales
This multifamily property features a versatile unit mix designed to attract a wide range of tenants and minimize vacancies. All eleven units are currently occupied with long-term leases, providing immediate and stable income. The property is ideally located with convenient access to schools, shopping, medical facilities, and major travel routes including Hwy 27 and SR 60, offering tenants easy commuting options. Recent improvements include a new roof and a new septic drainfield. The property is located in Lake Wales, Florida, in Polk County. The lot size is 0.79 acres and the property size is 5030 square feet. The zoning is R-2. This property presents a solid, income-producing asset.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
We Elderly Care
Retirement Community
Location Insight
- Map
- Local Demand
- City
- Lake Wales
- County
- Polk
- State
- Florida
- Longitude
- -81.58503
- Latitude
- 27.88577
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Eleven-unit multifamily property with long-term leases and convenient location.
Where is this apartment building located?
The property is located at 315 RIDGE MANOR DRIVE Lake Wales, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 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.
