www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31236356
31236357

315 Ridge Manor Dr, Lake Wales, FL 33853

DV
FL FL BK621090
Legacy Real Estate Center Inc
Listed by Legacy Real Estate Center Inc
$799,000
72 days on market
Updated 71 days ago

315 Ridge Manor Dr

Details
APN 27-30-11-916000-011040; 11-30-27-916000-011040
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,030
Units 11
Occupancy 100%
Price per SqFt $159
Broker Co-Op Yes
Year Built 1926
Buildings 2
Stories 1
Acreage 0.790
Zoning R-2
Ownership Fee Simple

Multifamily | 11 Units

Marketing description

Exceptional 11-Unit Income Opportunity with Strong Rental Appeal! Don’t miss this unique mixed-unit multifamily property offering a versatile unit mix designed to attract a wide range of tenants and help minimize vacancies. With all 11 units currently occupied and long-term leases in place, this property provides immediate and stable income for the savvy investor. Ideally located with convenient access to schools, shopping, medical facilities, and major travel routes including Hwy 27 and SR 60, tenants enjoy easy north/south/east/west commuting—making this a highly desirable rental location. Recent improvements include a new roof and new septic drainfield, offering added peace of mind and reduced near-term capital expenses. Whether you’re expanding your portfolio or seeking your first solid, income-producing asset, this property checks all the boxes. Private showings are now being scheduled—secure your opportunity today!

Investment highlights

  • Virtual tour: https://www.propertypanorama.com/instaview/stellar/K4903360#tour
  • Lot Size: 34,360 SqFt / 3,192 SqM

Listing Contacts

DV
FL FL BK621090
Legacy Real Estate Center Inc
Listed by Legacy Real Estate Center Inc

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Dolores Vogel
License
FL BK621090
Brokerage
Legacy Real Estate Center Inc
Brokerage Phone
8636760200
Title
Broker
Brokerage Address
218 East Park Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591