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Sold for $2,350,000
  • $2,350,000

    114 E NORTHSIDE DRIVE, LAKE WALES, FL 33853

    32beds
    19baths
    11,937sqft
    Multi Family
    Built in 1964
    -- sqft lot
    $2,336,700 Zestimate®
    $197/sqft
    $1,129 Estimated rent

    Home value

    $2,336,700

    $2.13M - $2.55M

    $1,129/mo

    Zestimate® history
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    $1,129/mo

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    $15,579/mo

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    What's special

    SELLER FINANCING AVAILABLE. North Oak 19-Unit Portfolio, a rare multifamily investment opportunity spread across three properties in Polk County, Florida. The North Oak portfolio includes: Northside Apartments: 114 E Northside, Lake Wales, FL: Built in 1964, this eight-unit property consists of four concrete block duplexes with pitched shingle roofs. Each unit features a 2-bedroom, 1-bathroom configuration. The property has been fully renovated in the past two years, with both electricity and water sub-metered, allowing tenants to pay for their own utilities. Trash services are included in the property taxes, keeping operational costs low. The roofs are in good condition, contributing to the property's low-maintenance appeal. Oakcrest Apartments 118 Oak Crest Dr NW, Winter Haven, FL: Constructed in 1984, this eight-unit property comprises two fourplex buildings. The unit mix includes two 2-bedroom, 1-bathroom units and six 1-bedroom, 1-bathroom units, all built with a wood-frame construction and featuring pitched shingle roofs. The electricity is sub-metered, with tenants responsible for their electric bills, while water is provided by the city and paid for by the landlord. The property uses a septic tank system, also maintained by the landlord. Haven Apartments 140 Ave W NW, Winter Haven, FL Built in 1974, this three-unit property offers all 2-bedroom, 1-bathroom units constructed from concrete block with pitched shingle roofs. Both water and electricity are sub-metered, and the property benefits from a central AC system. Sewer and water services are provided by the city. With a total of 19 units, a mix of both 1-bedroom and 2-bedroom apartments, and well-maintained utility systems, the North Oak portfolio represents a stable, high-potential opportunity for multifamily investors looking to capitalize on the rental demand in Polk County’s growing markets.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tito Urbano Perez 407-907-0350,

    FLORIDA REALTY INVESTMENTS 407-207-2220

    Bought with:

    Brent Morse, 3108388

    CENTURY 21 MYERS REALTY

    Mabel Vassallo, 3428504

    CENTURY 21 MYERS REALTY

    Source: Stellar MLS,MLS#: TB8455056MLS LogoOriginating MLS: Orlando Regional

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 32
    • Bathrooms: 19
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: None
    Features
    • Other
    • Has fireplace: No
    Interior area
    • Total interior livable area: 11,937 sqft

    Property

    Features
    • Exterior features: Other
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Privileges
    Lot
    • Size: 0.3 Acres
    • Dimensions: 50 x 173
    Details
    • Additional parcels included: 27-29-34-875300-001200
    • Parcel number: 272934875300001200
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Concrete, Wood Frame
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Connected, Water Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: NORTHSIDE HEIGHTS
    HOA
    • Has HOA: No
    Location
    • Region: Lake Wales

    Financial & listing details

    • Price per square foot: $197/sqft
    • Annual tax amount: $6,998
    • Date on market: 12/9/2025
    • Cumulative days on market: 7 days
    • Listing terms: Cash,Conventional,Owner May Carry
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Tenant pays: Electricity, Water
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    1/24/2026Listing removed$1,200
    Source: Zillow Rentals Report a problem
    12/31/2025Sold$2,350,000$197/sqft
    Source: Stellar MLS #TB8455056 Report a problem
    12/16/2025Pending sale$2,350,000$197/sqft
    Source: Stellar MLS #TB8455056 Report a problem
    12/9/2025Listed for sale$2,350,000+276%$197/sqft
    Source: Stellar MLS #TB8455056 Report a problem
    8/6/2025Listed for rent$1,200
    Source: Zillow Rentals Report a problem
    9/27/2024Listing removed$625,000$52/sqft
    Source: Stellar MLS #O6211984 Report a problem
    9/17/2024Price change$625,000-1.6%$52/sqft
    Source: Stellar MLS #O6211984 Report a problem
    6/7/2024Price change$635,000+51.2%$53/sqft
    Source: Stellar MLS #O6211984 Report a problem
    9/16/2023Listing removed--
    Source: Zillow Rentals Report a problem
    8/30/2023Listed for rent$1,200
    Source: Zillow Rentals Report a problem
    11/17/2022Pending sale$420,000$35/sqft
    Source: Stellar MLS #L4931142 Report a problem
    9/2/2022Price change$420,000-1.2%$35/sqft
    Source: Stellar MLS #L4931142 Report a problem
    8/15/2022Listed for sale$425,000+4.9%$36/sqft
    Source: Stellar MLS #L4931142 Report a problem
    7/21/2022Listing removed--
    Source: Stellar MLS #L4931142 Report a problem
    7/12/2022Pending sale$405,000$34/sqft
    Source: Stellar MLS #L4931142 Report a problem
    7/12/2022Listed for sale$405,000$34/sqft
    Source: Stellar MLS #L4931142 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 33853

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,336,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,336,700