LAKE WALES, FL 33853 485 D STREET
$299,999
Presented By: EXIT KING REALTY with 941-497-6060. - 941-497-6060
Beds • 10
Baths • 2
SQFT • 2,528
Home Details
Situated directly across from Janie Howard Wilson Elementary, this concrete block property presents an exceptional investment opportunity with significant income potential. Offering 10 bedrooms, 2 bathrooms, 2 kitchens, and an office space, the layout is ideal for generating strong cash flow through rental income with multi-tenant, single bedroom leasing. The property features an 8 year old metal roof, several replaced windows, and the bedrooms that have been updated over the years. In addition, there is storage space at the back of the property that used to be a store front, but could be converted into rentable storage units or additional rooms to maximize returns. Much of the heavy lifting has already been done, and with targeted improvements, this property has the ability to become a high-performing income-producing asset. Call today to schedule a walk-through and explore the possibilities.
Presented By: EXIT KING REALTY with 941-497-6060. - 941-497-6060
Interior Features for 485 D STREET
Bedrooms
Total Bedrooms10
Bathrooms
Total Baths2
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Furnished Y/Nnegotiable
Heating Y/NNo
Interior Amenitiesbuilt-in features
Laundry Featuresnone
General for 485 D STREET
Additional Parcels Y/NNo
Building Area Unitssquare feet
Carport Y/NNo
Citylake wales
Construction Materialsblock, concrete
Coolingwall/window unit(s)
Countypolk
Directionsfrom us hwy 27 - east on washington ave, left turn onto e street, right turn onto harding ave, and left onto d street; 485 will be on your left.
Elementary Schooljanie howard wilson elem
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
HOANo
Heatingnone
High Schoolfrostproof middle - senior high
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionresub of blocks 11 & 12 of lake wales land co sub pb 30 pg 35 blk 12 lot 27
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet6913
Lot Size Unitssquare feet
MLS Area33853 - lake wales south
Middle/Junior High Schoolfrostproof middle se
Minimum Lease1-7 days
ModificationTimestamp2025-08-20t16:07:32.750z
New ConstructionNo
Number Of Units Total10
Occupancy Typevacant
Ownershipfee simple
Property Subtypemulti family
Property Typeresidential income
Roofmetal
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namelake wales land co resub
Tax Annual Amount2115.43
Tax Lot27
Tax Year2024
Utilitieselectricity connected, sewer connected, water connected
Viewcity
Water Access Y/NNo
Water View Y/NNo
Year Built1960
Zoningr-3
Exterior for 485 D STREET
Building Area Total3123
Exterior Amenitiesstorage
Foundation Detailsblock, concrete perimeter
Lot Featureslevel
Lot Size Acres0.16
Lot Size Area6913
Number of Buildings1
Parking Featuresdriveway, off street, on street, open
Private PoolNo
Road Surface Typeasphalt
Water Sourcepublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Frostproof Middle - Senior High
Middle School
Frostproof Middle Se
Elementary School
Janie Howard Wilson Elem
Lu He
Realtor®
