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    Lake Wales, FL
    Live - Work Space

    Lake Wales, FL Live-work Space for Sale

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    Indian Lake Estates, FL Babson Park, FL Winter Haven, FL Bartow, FL Dundee, FL Haines City, FL Fort Meade, FL Frostproof, FL
    Office Building with Private Parking
    Updated: Apr 2
    Office Building with Private Parking

    318 S 1st St, Lake Wales, FL 33853

    $299,900
    1,336 sqft 0.14 AC lot
    1,336 SF office building (built 1938) with new roof in 2025
    Zoned commercial with an office/residential conversion option for a 1‑bedroom unit in the rear
    Separate electric meter for the potential rear 1‑bedroom residential unit
    ADA‑compliant features including handicap ramp and railings
    Private parking for up to 5 vehicles with convenient access via a turn lane
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Lake Wales, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Flex Space with Living Quarters
    Flex Space with Living Quarters

    1109 WEIGLE Avenue, Sebring, FL 33870

    $625,000
    8,750 sqft 1.17 AC lot

    Industrial-zoned facility combines dedicated work areas, office space, and an on-site residence within Sebring city limits.

    View details
    Live-Work Space with Office Layout
    Live-Work Space with Office Layout

    208 CENTER Street, Auburndale, FL 33823

    $275,000
    1,476 sqft 0.18 AC lot

    CG-1-zoned property with flexible rooms, updated systems, and a full kitchen.

    View details
    Industrial Flex Facility with Living Quarters
    Industrial Flex Facility with Living Quarters

    1109 WEIGLE AVE, Sebring, FL 33870

    Contact for pricing
    8,750 sqft

    Industrial-zoned flex property with on-site living quarters, an under-air office, loading dock, and partially fenced grounds.

    View details
    Live-Work Space with Updated Interior
    Live-Work Space with Updated Interior

    208 CENTER, Auburndale, FL 33823

    $275,000

    General Commercial zoning supports office, studio, and live-work configurations in downtown Auburndale.

    View details

    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.

    1540 Scenic Hwy
    OFFICE/RESIDENTIAL (MIXED USE)

    1540 Scenic Hwy, Lake Wales, FL 33853-3257

    Estimated value:
    $290,000
    1,536 sqft 1.40 AC lot
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    205 Park Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    205 Park Ave, Lake Wales, FL 33853-3705

    Estimated value:
    $805,000
    5,220 sqft 0.06 AC lot
    View details

    Lake Wales, FL Live-Work Space Market Trends and Statistics

    Explore 3 live-work space for sale in Lake Wales, FL on our real estate platform. These investment opportunities span a total of 1,336 square feet of properties for sale, with an estimated market value of $299,900.

    Sale prices for live-work properties in Lake Wales, FL average $299,900 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Medical Office Space 11
    Office Units 11
    Office buildings 7

    Demographics Overview

    Population 43K
    Population Growth (5Y) -17.6%
    Median Household Income $52,183
    College Educated 33.0%

    High-Yield Neighborhoods for Investment

    Identify Lake Wales submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    33853 $299.9K

    Taxes & Financing

    Tax Rate (average for all types) 1.68%
    Property Tax per SF $27.09 per SF
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Polk County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Polk County

    Residential Income

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