14 days on rocket

26 W Polk Ave, Lake Wales, FL, 33853

$499,900

Home List Price

$5,936*

Closing Credit

0 Baths
1,740 SqFt
$287/SqFt
Multi
Schools Nearby

Location

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26 W Polk Ave, Lake Wales$499,900

Buyer Closing Credits

$5,936*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1925
HeatingCentral
CoolingCentral Air
MLS #L4944606
Lot Size0.30 Acres
StatusActive

About 26 W Polk Ave

Looking for an investment opportunity look no further! This triplex also has a detached unit and is nestled on an oversized lot in the heart of Lake Wales just minutes from downtown. The front unit has 1 bedroom and 1 bathroom and is nearly 500 living sq. ft. The rear unit also has 1 bedroom and 1 bathroom with nearly 500 living sq. ft. The third unit is a studio that is roughly 400 living sq. ft. The detached unit has 2 bedrooms and 1 bathroom and is just over 600 sq. ft. All units are occupied with the monthly rents totaling $3,995.00 and an annual gross income of $47,940.00. So call today to get in on the action before this amazing opportunity slips away! ***Once property has an executed contract access will be granted during due diligence period.***

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Living Area: 1,740 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY SMART 1
  • Office Phone: (863) 508-3000
  • Listing Agent: Matt Mesimer

Interior Features

Interior Information:

  • Interior: Other

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Other

Virtual/3D Tour

  • Virtual Tour: 26 W Polk Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Bartow Senior High School, Public District Grades 9-12
  • McLaughlin Middle School and Fine Arts Academy, Public District Grades 6-8
  • Davenport School of The Arts, Public District Grades PK-8
  • Rosabelle W. Blake Academy, Public District Grades PK-8
  • Ben Hill Griffin Jr Elementary School, Public District Grades 3-5

Other

Directions Information:

  • Directions: FROM HWY 60 TURN ONTO W POLK AVE. PROPERTY WILL BE IMMEDIATELY ON LEFT.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,900
  • Price Per SqFt: $287/SqFt

Tax Information:

  • Annual Amount: $1,674
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lake Wales, FL.

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Lake Wales, FL

City

Med. Sold Price

$250K

Med. Price/SqFt

$171

Avg. Days On Market

80

# of Sold Homes

53

26 W Polk Ave vs Lake Wales

14 DAYS ON ROCKET

-66 Days

$499,900

+$249.9K More

$287/SqFt

+$116 More

KEY TAKEAWAY

This property is $249.9K more than the Median Sold Price and $116/SqFt more than other homes in Lake Wales, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #L4944606

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY SMART 1
  • Office Phone: (863) 508-3000
  • Listing Agent: Matt Mesimer

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/22/2024, 9:19:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 08, 2016Home Sold
$135,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,674$69,568
2018$1,656$68,935
2017$1,657$66,169

History based on county public records data.

Payment Calculator

$2,562

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,565

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-361332
3
/10

  • Ben Hill Griffin Jr Elementary School

  • 501 Mcleod Rd

  • 9.70 miles

  • Public District Grades 3-5

Middle School

school-card-donut-361333
3
/10

  • McLaughlin Middle School and Fine Arts Academy

  • 800 S 4th St

  • 0.69 miles

  • Public District Grades 6-8

school-card-donut-361334
8
/10

  • Davenport School of The Arts

  • 4751 County Road 547 N

  • 22.90 miles

  • Public District Grades PK-8

school-card-donut-361335
3
/10

  • Rosabelle W. Blake Academy

  • 510 Hartsell Ave

  • 24.88 miles

  • Public District Grades PK-8

High School

school-card-donut-361336
4
/10

  • Bartow Senior High School

  • 1270 S Broadway Ave

  • 15.25 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,425. The majority of Lake Wales, FL residents have income less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Polk County›Lake Wales›33853›26 W Polk Ave

This home is located at 26 W Polk Ave in Lake Wales, FL and zip code 33853. This 1,740 square foot home, which was built in 1925, sits on a 0.30 acre lot. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $499,900.

Over 7 listings were sold over their listed price in April 2024 in Lake Wales, FL. In the same period over 32 listings were sold below the listed price and 14 listings were sold for the listed price. The number of listings in Lake Wales, FL decreased by 0.6% between March 2024 and April 2024. In April 2024 median list price was $250,000 and the average listing age was 80 days.

From Rocket Homes Real Estate and based on county public records data.

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