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About This Home
This 6-bedroom, 0-bathroom residential multi family at 1854 HIGHLAND PARK DRIVE S in Lake Wales, FL is listed for $799,000 ($187 per sqft). Built in 1923, the home offers 4,264 sqft of living space on a 0.99 acres lot.
PRICE IMPROVEMENT!! 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 after
noon 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!)
Key Features
- Built in 1923
- 0.99 acre lot
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$4,273/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1854 HIGHLAND PARK DRIVE S
Lake Wales, FL 33898
HIGHLAND PARK SUB
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 6-bedroom, 0-bathroom residential multi family at 1854 HIGHLAND PARK DRIVE S is listed at $799,000 ($187/sqft). The estimated monthly payment is $3,462 based on 20% down at 6.5% interest.
Key features include: Built in 1923, 0.99 acre lot, Waterfront. Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom. Exterior Features: Paved, Outbuildings, Balcony.
This property is listed by Dolores Vogel and can be reached at 8636325573 or dolores@legacyrealestatecenter.com.






