7 months on rocket

26 W Polk Ave, Lake Wales, FL, 33853

$484,900

Home List Price

$5,758*

Closing Credit

0 Baths
1,740 SqFt
$279/SqFt
Multi

Location

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26 W Polk Ave, Lake Wales$484,900

Buyer Closing Credits

$5,758*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

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!

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

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: $484,900
  • Price Per SqFt: $279/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

$273.2K

Med. Price/SqFt

$175

Avg. Days On Market

76

# of Sold Homes

42

26 W Polk Ave vs Lake Wales

223 DAYS ON ROCKET

+147 Days

$484,900

+$211.6K More

$279/SqFt

+$103 More

KEY TAKEAWAY

This property is $211.6K more than the Median Sold Price and $103/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.
Last updated on: 12/18/2024, 7:19:50 AM 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

$2,488

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,520

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.

Nearby Schools

school-card-donut-4440818
2
/10

  • Polk Avenue Elementary School

  • 110 E Polk Ave

  • 0.17 miles

  • Public Charter Grades PK-5

school-card-donut-4440819
2
/10

  • Spook Hill Elementary School

  • 321 Dr J A Wiltshire Ave E

  • 1.04 miles

  • Public District Grades PK-5

school-card-donut-4440820
6
/10

  • Hillcrest Elementary School

  • 1051 State Road 60 E

  • 1.40 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,425. The most common annual income of people living in Lake Wales, FL is less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

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 $484,900.

While more than 3 listings in Lake Wales, FL in November 2024 were sold above asking price, there were more than 18 listings sold at asking price, and more than 21 were sold below. In November 2024 in Lake Wales, FL there were 9.4% more homes for sale than in October 2024. Listings spent 76 days on the market in November 2024, and had a median list price of $273,204 during the same period.

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

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