6 months on rocket

Sale Pending

6900 Miami Dr, Lake Wales, FL, 33898

$550,000

Home List Price

$6,531*

Closing Credit

4 Bedrooms
4 Baths
3,264 SqFt
$169/SqFt
Multi
Schools Nearby

Location

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6900 Miami Dr, Lake Wales$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1959
HeatingWindow Unit(s)
CoolingWall/Window Unit(s)
MLS #A4588077
Lot Size0.44 Acres
StatusSale Pending
(Pending)

About 6900 Miami Dr

Under contract-accepting backup offers. The Twin Palms Apartments is a 4-unit apartment community in Lake Wales, Florida. Consisting of two rock-solid masonry buildings on 1 parcel totaling nearly half an acre, the property features new roofs, large updated units, lush tropical landscaping, and a huge courtyard / BBQ area, lined with new pavers & a pergola. Located in Polk County, the fastest growing County in Florida and 7th fastest in the Nation, the property is an excellent opportunity to acquire a low maintenance multifamily asset that qualifies for residential financing! Property is fully occupied. DO NOT DISTURB TENANTS.

Property Details

Property Features

Property Information:

  • Year Built: 1959
  • Living Area: 3,264 SqFt

Listing Office:

  • Office Name: THE MULTIFAMILY FIRM LLC
  • Office Phone: (941) 444-6160
  • Listing Agent: Kyle Keelan

Interior Features

Interior Information:

  • Interior: Ceiling Fans(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Courtyard

Lot Features

Lot Information:

  • Lot Size: 0.44 Acres

Utilities

Utilities Information:

  • Heating: Window Unit(s)
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Frostproof Middle/Senior High School, Public District Grades 6-12
  • 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: Exit Hesperides Rd east bound on Deland Ave, take a left turn on Park Ave then take a left turn on Daytona Dr, continue down the road to Miami Dr. Property will be on the right hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $169/SqFt

HOA Fees:

  • Amount: $347
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,998
  • 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

6900 Miami Dr vs Lake Wales

182 DAYS ON ROCKET

+102 Days

$550,000

+$300K More

$169/SqFt

-$2 Less

KEY TAKEAWAY

This property is $300K more than the Median Sold Price and $2/SqFt less 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: #A4588077

Listing Office:

  • Office Name: THE MULTIFAMILY FIRM LLC
  • Office Phone: (941) 444-6160
  • Listing Agent: Kyle Keelan

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: 5/3/2024, 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

Mar 25, 2021Home Sold
$260,000
Aug 26, 2002Home Sold
$77,000
Aug 19, 1998Home Sold
$44,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,998$57,981
2018$1,916$60,606
2017$1,916$59,661

History based on county public records data.

Payment Calculator

$2,841

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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-5589811
3
/10

  • Ben Hill Griffin Jr Elementary School

  • 501 Mcleod Rd

  • 8.85 miles

  • Public District Grades 3-5

Middle School

school-card-donut-5589812
3
/10

  • McLaughlin Middle School and Fine Arts Academy

  • 800 S 4th St

  • 0.97 miles

  • Public District Grades 6-8

school-card-donut-5589813
8
/10

  • Davenport School of The Arts

  • 4751 County Road 547 N

  • 24.01 miles

  • Public District Grades PK-8

school-card-donut-5589814
3
/10

  • Rosabelle W. Blake Academy

  • 510 Hartsell Ave

  • 24.95 miles

  • Public District Grades PK-8

High School

school-card-donut-5589815
3
/10

  • Frostproof Middle/Senior High School

  • 1000 N Palm Ave

  • 9.18 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,425. Residents of Lake Wales, FL typically earn less than $35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Polk County›Lake Wales›33898›6900 Miami Dr

This home is located at 6900 Miami Dr in Lake Wales, FL and zip code 33898. This 3,264 square foot home, which was built in 1959, sits on a 0.44 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 03, 2023 and is currently priced at $550,000.

In April 2024 more than 7 listings in Lake Wales, FL were sold above the asking price. During the same period more than 14 listings were sold at asking price, while more than 32 were sold below. In April 2024 in Lake Wales, FL there were 0.6% less homes for sale than in March 2024. The median list price of listings available in April 2024 was $250,000, while the average time on the real estate market was 80 days.

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

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