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Off market
  • $392,800

    241 E Seminole Ave, Lake Wales, FL 33853

    1beds
    1baths
    619sqft
    MultiFamily
    Built in 1930
    -- sqft lot
    $392,800 Zestimate®
    $635/sqft
    $917 Estimated rent

    Home value

    $392,800

    $287,000 - $538,000

    $917/mo

    Zestimate® history
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    $917/mo

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    $917/mo

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    $2,635/mo

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    $2,635/mo

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    What's special

    GREAT OPPORTUNITY TO PURCHASE a value-add apartment complex in one of the fastest growing markets in the heart of Central Florida. The GRAND FLORIDIAN apartment complex houses 10 units with desirable layouts and are of comfortable sizes. The apartments offer original hardwood flooring, with a living room, dining room, kitchen, bedroom and full bathroom. The property has laundry facilities and its own private parking lot. The convenience of this in-town location is suitable for walking or biking on quiet streets and numerous sidewalks that lead to city parks, lakes and sports fields. It's an enjoyable location to Historic Downtown Lake Wales, library, restaurants and shops. This is a grand investment property to consider adding to your monetary portfolio with continual long-term rent income or to consider a different avenue as, Vacation Rental Operator for winter residents and/or short-term destination retreat. Seller will entertain a combined purchase with 21-unit complex just minutes away at the Court of Seven Chimneys on Park Avenue.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    Heating
    • Forced air, Other
    Cooling
    • Other
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Blinds
    Interior area
    • Total interior livable area: 619 sqft

    Property

    Parking
    • Parking features: Off-street
    Lot
    • Size: 0.37 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1930

    Community & HOA

    Location
    • Region: Lake Wales

    Financial & listing details

    • Price per square foot: $635/sqft

    Price history

    DateEventPrice
    5/31/2023Sold$750,000-16.7%$1,212/sqft
    Source: HFMLS #293220 Report a problem
    4/1/2023Contingent$900,000$1,454/sqft
    Source: HFMLS #293220 Report a problem
    3/29/2023Pending sale$900,000$1,454/sqft
    Source: Stellar MLS #K4902068 Report a problem
    3/7/2023Listed for sale$900,000+361.5%$1,454/sqft
    Source: Stellar MLS #K4902068 Report a problem
    8/3/2021Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    6/28/2021Listed for rent$785+1.9%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    6/10/2021Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    5/28/2021Listed for rent$770$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    5/1/2021Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    4/22/2021Listed for rent$770$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    3/24/2021Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    3/4/2021Listed for rent$770$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    1/24/2021Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    12/14/2020Listed for rent$770$1/sqft
    Source: JD Crystal Lake, LLC Report a problem
    9/12/2020Listing removed$770$1/sqft
    Source: JD Crystal Lake, LLC Report a problem
    8/27/2020Price change$770-99%$1/sqft
    Source: JD Crystal Lake, LLC Report a problem
    8/21/2020Listed for rent$77,000+10166.7%$124/sqft
    Source: JD Crystal Lake, LLC Report a problem
    6/26/2020Listing removed$750$1/sqft
    Source: JD Crystal Lake, LLC Report a problem
    3/31/2020Listed for rent$750$1/sqft
    Source: JD Crystal Lake, LLC Report a problem
    12/18/2013Sold$195,000$315/sqft
    Source: Stellar MLS #L4643123 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 33853

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $392,800
    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
    $392,800