Lake Wales, FL Multifamily Properties for Sale

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Babson Park, FL Winter Haven, FL Bartow, FL

54 listings

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$775,000

5,030 SF

Multifamily Income Property

315 RIDGE MANOR DRIVE, Lake Wales, FL 33853

11-unit multifamily property with long-term leases and recent roof and septic drainfield improvements.

11‑unit multifamily property with all 11 units currently occupied and long‑term leases in place
Recent improvements include a new roof and a new septic drainfield
Built in 1926 with frame and stucco construction and a shingle roof
Multiple heating options including electric heat and fireplace(s)
Cooling includes wall/window unit(s) and window unit(s)

Updated: Mar 20

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$299,000

2,046 SF

Duplex with Screened Terraces

3228 COURTNEY DRIVE, Lake Wales, FL 33898

Duplex offering two 2BR/2BA units, each with a screened terrace and private backyard in a secluded cul-de-sac setting.

Potential for rental income or multi‑generational living with two separate units.
One unit is vacant and recently renovated with new appliances, flooring, and paint.
Located on a quiet, private street/cul‑de‑sac with only 26 properties.
Low HOA fees include lawn care.
Each unit has 2 bedrooms, 2 bathrooms, a screened terrace, and a private backyard.

Updated: May 21

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$349,000

2,046 SF

Renovated Duplex Investment Property

Turnkey renovated duplex with one vacant unit and one month-to-month tenant, offering flexible owner-occupant or leasing options.

3220 COURTNEY DRIVE, Lake Wales, FL 33898

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Well-Maintained Duplex Investment Opportunity

$600,000

1,457 SF

Well-Maintained Duplex Investment Opportunity

Duplex in Lake Wales, ideal for investors or owner-occupants.

3108 - 3110 - 3112 - 3114 HOLLY STREET, Lake Wales, FL 33898

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$210,000

1,080 SF

Duplex in Lake Wales, FL

Duplex with two units, generating $2000/month in rental income.

134 E STREET, Lake Wales, FL 33853

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$195,000

0.06 Acres

Improved Deeded RV Lot with Pavilion

Improved deeded RV lot in a gated resort community with a covered pavilion and outdoor kitchen for year-round enjoyment.

264 SADDLE LANE, River Ranch, FL 33867

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$195,000

0.07 Acres

Big-Rig-Friendly RV Resort Lot

Corner RV lot with deeded ownership and upgraded outdoor improvements in a gated resort community.

219 E APPALOOSA TRAIL, River Ranch, FL 33867

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$175,000

0.06 Acres

Improved RV Lot with Pavilion

An improved RV lot featuring a custom pavilion, paver patio, fire pit, and storage shed within an amenity-rich resort.

234 STALLION LANE, River Ranch, FL 33867

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$125,000

0.06 Acres

Corner RV Resort Lot

Fee-simple corner lot in an RV resort community with no lot rent and HOA-managed utilities and services.

243 SADDLE LANE, River Ranch, FL 33867

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$148,000

0.06 Acres

RV Resort Corner Lot

Private corner RV lot with stamped pad, landscaping, and full-size storage shed offered fully furnished.

233 STALLION LANE, River Ranch, FL 33867

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$195,000

0.10 Acres

Deeded RV Lot in Resort Community

Own a deeded RV lot in the Resort at Canopy Oaks with extensive on-site amenities and all-inclusive HOA.

71 CEDAR CIRCLE E, Lake Wales, FL 33898

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$175,000

0.06 Acres

Deeded RV Resort Lot with Privacy

Fee-simple RV lot with upgraded pavers, custom pavilion, and bonus parking near resort pools and bathhouses.

161 HORSESHOE BEND, River Ranch, FL 33867

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$120,000

0.06 Acres

Deeded RV Resort Lot with Privacy

Fee-simple lot in an RV resort setting with mature shade, privacy hedges, and HOA-covered services.

153 HORSESHOE BEND, River Ranch, FL 33867

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$185,000

0.10 Acres

Oversized RV Lot in River Ranch

Deeded RV lot with amenities and resort access.

406 LONGHORN DRIVE, River Ranch, FL 33867

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$179,000

0.08 Acres

RV Lot in River Ranch

Oversized RV lot with amenities in River Ranch, Florida.

389 LONGHORN DRIVE, River Ranch, FL 33867

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$150,000

0.09 Acres

Resort Lot at Canopy Oaks

Deeded RV lot with resort amenities and income potential.

104 HIGHWAY 630 E, Lake Wales, FL 33898

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$150,000

0.09 Acres

Resort RV Lot Investment Opportunity

Deeded RV lot with resort amenities and income potential.

103 HIGHWAY 630 E, Lake Wales, FL 33898

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$265,900

0.07 Acres

Waterfront RV Lot in River Ranch

Waterfront RV lot with private dock and resort amenities.

451 WATERWAY DRIVE, River Ranch, FL 33867

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$115,000

0.09 Acres

Resort RV Lot Investment

Deeded RV lot with resort amenities and income potential.

96 CR-630 E, Lake Wales, FL 33898

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$269,000

0.10 Acres

RV Resort Lot in Lake Wales

Residential RV resort lot within River Ranch RV Resort, suited for seasonal or full-time recreational stays.

313 GATOR ALLEY, Lake Wales, FL 33898

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$239,900

0.08 Acres

Deeded RV Lot with Paver Pad

Renovated corner RV lot in a deeded phase with a new paver pad, shed, and resort amenities within steps.

332 BOBCAT LANE, Lake Wales, FL 33898

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$694,700

3,460 SF

Polk County Development Opportunity

6.73 acres in Unincorporated Polk County near Lake Weohyakapka.

10721 LEISURE E LANE, Lake Wales, FL 33898

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$160,000

0.07 Acres

RV Lot in River Ranch

Deeded RV lot with amenities near pool and clubhouse.

400 LONGHORN DRIVE, River Ranch, FL 33867

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$380,000

1,672 SF

New Construction Duplex in Lake Wales

Pre-construction duplex with income potential in developing Lake Wales area.

315 DORSETT AVENUE, Lake Wales, FL 33853

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Lake Wales, FL Multifamily Properties Market Trends and Statistics

Explore 61 multifamily properties for sale in Lake Wales, FL, showcased through 54 active listings on our real estate platform. These investment opportunities span a total of 49,515 square feet of properties for sale, with an estimated market value of $9,684,254.

Sale prices for multifamily properties in Lake Wales, FL start at $203,754, averaging $645,616, and reaching up to $1,650,000 — 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

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
33898	$349.5K
33853	$541.1K

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)

Property Size Breakdown

The majority of commercial real estate listings in Lake Wales fall within the 100,000+ square foot range.

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