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31245361
31245373

1854 Highland Park Drive S #A-F, Lake Wales, FL 33898

DV
FL FL BK621090
Legacy Real Estate Center Inc
Listed by Legacy Real Estate Center Inc
$799,000
74 days on market
Updated 10 days ago

1854 Highland Park Drive S #A-F

Details
APN 27-30-13-927000-000690
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,264
Units 6
Occupancy 100%
Price per SqFt $193
Year Built 1923
Stories 2
Acreage 0.990
Zoning R-2

Multifamily | 6 Units

Marketing description

Unique opportunity to own a true Lakefront 6 unit income property! With 100 feet of frontage on Lake Easy and a large one acre lot, this 4660+ square foot Multi-Family property has something to offer for everyone. Located in the quaint village of Highland Park, this location features a community park, walkable streets for afternoon or morning strolls, old growth and mature landscaping everywhere with that nostalgic feeling of a true neighborhood. Access to Lake Easy provides both fishing and recreation with its sandy bottom and panoramic views. This one-of-a-kind property is a must see to appreciate. All units have leases in place with a total monthly income generating approx. $6850. There are two 2 bedroom/2 bath downstairs units, both lakefront; two upstairs 1 bedroom/1 bath units, both lakefront; and 2 studio units, with no lakefront views. Most units have been recently updated, with only 1 unit needing to be refreshed when there is a tenant turnover (which is rare!)

Investment highlights

100% Occupancy with rare turnovers! This unique lakefront property in a quaint village just outside of Lake Wales offers great income stability and potential for growth towards a lakefront resort feel! Come let your imagination be your guide!

Listing Contacts

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

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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.
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