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Off market
    • $412,500

    325 Central Ave #L1, Lake Wales, FL 33853

    --beds
    0baths
    5,290sqft
    Duplex
    Built in 1928
    -- sqft lot
    $412,500 Zestimate®
    $78/sqft
    $1,177 Estimated rent

    Home value

    $412,500

    $322,000 - $520,000

    $1,177/mo

    Zestimate® history
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    $1,177/mo

    Rent Zestimate®

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    $2,769/mo

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    What's special

    Great Investment Opportunity! Here is a chance to acquire n income producing property for the price of a single family home. This property has 8 units,2 of them are rented and the rest need lite renovation.Excellent choice for someone who wants plans to fix and flip, or somebody who wants a cash flow. Building is located in the heart of Lake Wales in a very good location. MUST COME TO SEE!

    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
    • Bathrooms: 0
    Heating
    • Electric
    Cooling
    • Central
    Appliances
    • Included: Dryer, Range / Oven, Refrigerator
    Features
    • Ceiling Fans(s), Kitchen/Family Room Combo
    • Flooring: Tile, Carpet, Linoleum / Vinyl
    • Has fireplace: Yes
    • Fireplace features: Wood Burning, Family Room
    Interior area
    • Total interior livable area: 5,290 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport, Garage
    Features
    • Levels: Two
    • Exterior features: Other
    Lot
    • Size: 0.4 Acres
    • Dimensions: 17, 424
    • Features: In City Limits, Near Public Transit, In County, Street Paved, Historic District, Sidewalk
    Details
    • Parcel number: 273001883000033170
    • Zoning: R-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Roof: Metal
    Condition
    • Year built: 1928

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public, Cable Available, Electricity Available

    Community & HOA

    Community
    • Subdivision: LAKE WALES
    Location
    • Region: Lake Wales

    Financial & listing details

    • Price per square foot: $78/sqft
    • Tax assessed value: $201,960
    • Annual tax amount: $2,936
    • Lease term: 12 Months

    Price history

    DateEventPrice
    4/25/2019Sold$220,000-20%$42/sqft
    Source: Public Record Report a problem
    2/23/2019Listed for sale$275,000$52/sqft
    Source: AMERITEAM REALTY INC. #S5010388 Report a problem
    1/14/2019Listing removed$275,000$52/sqft
    Source: AMERITEAM REALTY INC. #S5010388 Report a problem
    1/8/2019Price change$275,000-6.8%$52/sqft
    Source: AMERITEAM REALTY, INC. #S5010388 Report a problem
    11/30/2018Listed for sale$295,000+63.9%$56/sqft
    Source: AMERITEAM REALTY, INC. #S5010388 Report a problem
    7/23/2014Listing removed$180,000$34/sqft
    Source: TRANSCONTINENTAL REALTY GROUP, #S4724229 Report a problem
    3/8/2014Price change$180,000-36.8%$34/sqft
    Source: TRANSCONTINENTAL REALTY GROUP, #S4724229 Report a problem
    8/30/2013Listed for sale$285,000$54/sqft
    Source: AmeriTeam Realty, Inc. #S4716939 Report a problem
    9/19/2012Listing removed$285,000$54/sqft
    Source: ROMO REALTY #S4699761 Report a problem
    6/15/2012Listed for sale$285,000-12.3%$54/sqft
    Source: ROMO REALTY #S4699761 Report a problem
    6/14/2012Listing removed$450
    Source: RE/MAX MARKETPLACE #S4676161 Report a problem
    11/4/2011Listing removed$325,000$61/sqft
    Source: RE/MAX MARKETPLACE #S4675806 Report a problem
    11/4/2011Listed for rent$450
    Source: RE/MAX MARKETPLACE #S4676161 Report a problem
    5/29/2011Price change$325,000-5.8%$61/sqft
    Source: RE/MAX MARKETPLACE #S4675806 Report a problem
    2/22/2011Listing removed$450
    Source: RE/MAX Marketplace #S4676161 Report a problem
    2/17/2011Listed for rent$450
    Source: RE/MAX Marketplace #S4676161 Report a problem
    9/22/2010Listed for sale$345,000-19.8%$65/sqft
    Source: RE/MAX Marketplace #S4675806 Report a problem
    5/15/2008Listing removed$430,000$81/sqft
    Source: NCI Report a problem
    2/1/2008Listed for sale$430,000+138.9%$81/sqft
    Source: NCI Report a problem
    3/3/2005Sold$180,000$34/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,936 +13.8%$125,650 +10%
    2024$2,579 +1.8%$114,227 +10%
    2023$2,534 +42.3%$103,843 +10%
    2022$1,781 +5.1%$94,403 +10%
    2021$1,695 -52.4%$85,821 -52.1%
    2020$3,562 +107.2%$179,005 +113%
    2019$1,719 -14.3%$84,036 +1%
    2018$2,007 -0.4%$83,245 +2.6%
    2017$2,015 +23.3%$81,143 +5.5%
    2016$1,634 +2.8%$76,940 +4.7%
    2015$1,590 -4.7%$73,456 -3.6%
    2014$1,668 +13.1%$76,197 -14.7%
    2011$1,475 -12.8%$89,346 -10.7%
    2010$1,693 -23.7%$100,080 -19.9%
    2009$2,220 -62.4%$124,893 -52.6%
    2008$5,905 $263,651
    2007-- --
    2006$4,833 --
    2005-- --
    2004$3,045 +7.1%--
    2002$2,844 +30.1%$112,610 +30.1%
    2001$2,186 $86,560
    Find assessor info on the county website

    Neighborhood: 33853

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Hillcrest Elem
    • Middle: Mclaughlin Middle
    • High: Lake Wales Senior High
    • District: POLK

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $412,500
    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
    $412,500

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