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Sold for $425,000
    • $425,000

    240 DR M L KING JR BOULEVARD, LAKE WALES, FL 33853

    2beds
    1baths
    1,560sqft
    Duplex, Multi Family
    Built in 1976
    -- sqft lot
    $420,400 Zestimate®
    $272/sqft
    $1,214 Estimated rent

    Home value

    $420,400

    $336,000 - $517,000

    $1,214/mo

    Zestimate® history
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    $2,898/mo

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    What's special

    Adequate parking spaceCorner lot
    Take a look at this property. There are two buildings. Both buildings are duplexes. The property consist of four units, two bedrooms and one bathroom in each unit. All units are occupied. Tenants are on a month to month lease. There is adequate parking space. The property is located on a corner lot. Property is located near City Hall and close to downtown. Don't miss out on this opportunity.

    Zillow last checked:

    Listing updated:

    Listed by:

    Al Kirkland 863-651-5838,

    TOWN & COUNTRY REAL ESTATE 863-293-1141

    Bought with:

    Al Kirkland, 3176948

    TOWN & COUNTRY REAL ESTATE

    Yanery Perez, 3267229

    XCELLENCE

    Source: Stellar MLS,MLS#: P4935219MLS LogoOriginating MLS: East Polk

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Outside
    Features
    • Ceiling Fan(s)
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,560 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 0.34 Acres
    Details
    • Parcel number: 273002906000001010
    • Zoning: C-2
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Block
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1976

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Public, Sewer Connected, Water - Multiple Meters

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: TWIN LAKE PARK RESUB
    HOA
    • Has HOA: No
    Location
    • Region: Lake Wales

    Financial & listing details

    • Price per square foot: $272/sqft
    • Tax assessed value: $403,920
    • Annual tax amount: $3,471
    • Date on market: 6/26/2025
    • Cumulative days on market: 149 days
    • Listing terms: Cash,Other
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/12/2025Sold$425,000-15%$272/sqft
    Source: Stellar MLS #P4935219 Report a problem
    11/22/2025Pending sale$500,000$321/sqft
    Source: Stellar MLS #P4935219 Report a problem
    10/19/2025Price change$500,000-9.1%$321/sqft
    Source: Stellar MLS #P4935219 Report a problem
    6/26/2025Listed for sale$550,000$353/sqft
    Source: Stellar MLS #P4935219 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,130 +29.8%$134,126 +10%
    2024$3,183 -17.7%$121,933 +10%
    2023$3,870 +86.6%$110,848 +10%
    2022$2,074 +3.3%$100,771 +10%
    2021$2,008 +21.2%$91,610 +10%
    2020$1,657 -6%$83,282 -3.4%
    2019$1,763 -14%$86,190 -2.2%
    2018$2,051 +12.7%$88,140 +1.4%
    2017$1,820 +2.4%$86,935 +3.9%
    2016$1,777 +2.4%$83,693 +4.3%
    2015$1,736 +281.1%$80,207 -5.3%
    2014$456 -77%$84,699 -0.2%
    2013$1,985 -3.6%$84,879 -2.1%
    2012$2,059 -2.1%$86,691 -5.5%
    2011$2,103 -21.1%$91,697 -22.4%
    2010$2,664 -20.9%$118,100 -14.8%
    2009$3,368 -6.7%$138,582 -14%
    2008$3,610 +41%$161,198
    2006$2,561 --
    2005-- --
    2004$2,273 +11%--
    2003$2,049 +4.7%$78,500 +1.3%
    2002$1,956 +1.2%$77,460 +1.2%
    2001$1,933 $76,520
    Find assessor info on the county website

    Neighborhood: 33853

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    Estimated market value
    $420,400
    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
    $420,400

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