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    405 N Wetmore St Lake Wales, FL 33853

    For Sale
    $253,999

    Charming duplex in downtown Lake Wales with private amenities.

    Lot size:
    0.29 Acres

    Property Features for 405 N Wetmore St

    General Information

    Lot size
    0.29 Acres

    Building Details

    Year built
    1962

    Source: LA ROSA REALTY CENTRAL FLORIDA Agent Samuel Williams

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Duplex with Spacious Yard

    This well-maintained duplex is located in downtown Lake Wales. The property features 4 bedrooms and 2 full bathrooms. Each unit offers screened-in porches, private driveways, and a fully fenced yard. The property is located steps from the revitalized Downtown Lake Wales district, providing easy access to local dining, the Lake Wales Post Office, Care Center, banks, and parks. This property presents a fantastic investment opportunity.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply 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
    -81.5919279
    Latitude
    27.9045119

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    FAQs

    What type of property is this?
    Duplex - Charming duplex in downtown Lake Wales with private amenities.
    Where is this duplex located?
    The property is located at 405 N Wetmore St Lake Wales, FL.
    What is the asking price?
    The asking price for this property is $253,999.
    What are key features of this property?
    This property features: - Prime Downtown Lake Wales Location: Steps from dining, post office, care center, banks, and parks.; - Duplex: Investment opportunity with two units.; - 4 Bedrooms & 2 Full Bathrooms: Provides ample living space.
    (863) 528-0930
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    405 N Wetmore St 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
    405 N Wetmore St Lake Wales, FL 33853
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