THIS DUPLEX PLUS LARGE, DETACHED 2 CAR GARAGE/WORKSHOP (832 sf) HAS GREAT RENTAL OPTIONS! The garage is perfect for a property owner looking for more storage space to store their own cars, equipment, or business supplies/materials or company trucks. Or it can be rented to provide additional income to the duplex. Either way there are plenty of options with this property. You will love the floor plan of each duplex which offers a spacious living room with sliding glass door that opens to the front screened lanai. The living room is designed with an open floor plan between the dining room, kitchen and dinette area. This is a unique split bedroom floor plan with the master bedroom having an en-suite bath. The guest bath is conveniently located to the living room and guest bedroom. Each unit is a mirror image of the other and has its own inside utility room with washer/dryer hookups, driveway, carport, outdoor storage/utility room. New roof in October 2023. Each unit has separate meters and tenants pay for their electricity, water and sewer. Great location in Crooked Lake Park and close to Warner & Webber College and Bok Academy where there is a high demand for rentals. No HOA or deed restrictions. Easy access to US Hwy 27.
Sold for $375,000
$375,000
5010 WALES ST, LAKE WALES, FL 33853
2beds
3baths
2,256sqft
Duplex, Multi Family
Built in 1984
-- sqft lot
$366,000 Zestimate®
$166/sqft
$1,310 Estimated rent
Home value
$366,000
$340,000 - $395,000
$1,310/mo
Zestimate® history
Owner options
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$1,310/mo
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$1,310/mo
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$2,518/mo
Est. payment
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$2,518/mo
Est. payment
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List your homeWhat's special
New roofUtility roomDinette areaSliding glass doorOpen floor planMaster bedroom
Zillow last checked:
Listing updated:
Listed by:
Cheryl Bossarte 863-206-8686,
POLK REAL ESTATE LLC 863-679-1710
Bought with:
Zilca Diaz, 3507727
GAILEY ENTERPRISES REAL ESTATE
Source: Stellar MLS,MLS#: P4927974
Originating MLS: East Polk
Originating MLS: East Polk
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
Rooms
- Room types: Storage Rooms
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Range, Range Hood, Refrigerator
- Laundry: Outside
Features
- Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Thermostat
- Flooring: Carpet, Ceramic Tile
- Doors: Sliding Doors
- Windows: Aluminum Frames
- Has fireplace: No
Interior area
- Total structure area: 3,124
- Total interior livable area: 2,256 sqft
Property
Parking
- Total spaces: 4
- Parking features: Covered, Driveway, Garage Faces Side, Ground Level
- Garage spaces: 2
- Carport spaces: 2
- Covered spaces: 4
- Has uncovered spaces: Yes
- Details: Garage Dimensions: 26x32
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch, Screened
Lot
- Size: 0.41 Acres
- Dimensions: 150 x 123
- Features: Corner Lot, In County, Level
Details
- Parcel number: 273035927400003010
- Zoning: MULTI FAMILY
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water - Multiple Meters, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: CROOKED LAKE PARK TR 01
HOA
- Has HOA: No
Location
- Region: Lake Wales
Financial & listing details
- Price per square foot: $166/sqft
- Tax assessed value: $275,400
- Annual tax amount: $2,082
- Date on market: 11/21/2023
- Cumulative days on market: 63 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Tenant pays: Electricity, Sewer, Water
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 2/16/2024 | Sold | $375,000-9.6%$166/sqft |
Source:  Stellar MLS #P4927974 Report a problem | ||
| 1/25/2024 | Pending sale | $415,000$184/sqft |
Source: Stellar MLS #P4927974 Report a problem | ||
| 11/21/2023 | Listed for sale | $415,000+166%$184/sqft |
Source: Stellar MLS #P4927974 Report a problem | ||
| 3/8/2007 | Sold | $156,000+200%$69/sqft |
Source: Public Record Report a problem | ||
| 1/5/1994 | Sold | $52,000-69.2%$23/sqft |
Source: Public Record Report a problem | ||
| 6/10/1993 | Sold | $169,000$75/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,068 +9.2% | $193,207 +32.1% |
| 2024 | $1,894 -9.1% | $146,304 -5.3% |
| 2023 | $2,083 +6.9% | $154,422 +10% |
| 2022 | $1,948 +3.9% | $140,384 +10% |
| 2021 | $1,875 +15.6% | $127,622 +10% |
| 2020 | $1,621 -4.7% | $116,020 -1.9% |
| 2019 | $1,702 -29.3% | $118,208 -0.1% |
| 2018 | $2,408 | $118,279 |
Find assessor info on the county website
Neighborhood: 33853
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Nearby schools
GreatSchools rating
- 4/10Ben Hill Griffin Jr Elementary SchoolGrades: PK-5Distance: 5.5 mi
- 3/10Frostproof Middle/Senior High SchoolGrades: 6-12Distance: 5.8 mi
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Estimated market value
$366,000
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Estimated market value
$366,000
- Florida
- Polk County
- Lake Wales
- 33853
- 5010 WALES ST
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