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About This Home
This 6-bedroom, 0-bathroom residential multi family at 244 E PARK AVENUE in Lake Wales, FL is listed for $1,650,000 ($195 per sqft). Built in 1915, the home offers 8,480 sqft of living space on a 0.12 acres lot.
Truly rare opportunity to own a piece of Lake Wales History and the painstaking task of historic preservation has already been done! Built in 1915, the J.T. Rhodes Building was one of the first two brick-and-mortar buildings in Lake Wales. The City owes its origin to the building, where the villagers gathered upstairs in what was then the Masonic Hall on the night of April 27, 1917 to sign a petition to the Legislature for the issuance of a city charter. The Legislature responded by incorporating the City, whose charter was signed into law by Governor Sidney J. Catts on May 28, 1917.
This amazing piece of architecture is home to one of the few mixed-use buildings in downtown. Downstairs are 2 commercial suites, with long term tenants in place! Upstairs you will find 4 well-appointed and thoughtfully designed apartments! All of the apartments have in unit laundry, modern kitchens with all new appliances, original hardwood flooring, timeless baths, spacious rooms and high ceilings... all while maintaining the historic character & charm!
The completion of this building is perfectly timed with the revitalization of downtown Lake Wales, the property is positioned at the heart of the city's walkable new streetscape - complete with brick paved streets, lush park-like settings and a growing calendar of community events! The City is in the process of designating downtown Lake Wales an Arts, Cultural & Entertainment (ACE) District which will provide an environment welcoming growth and promoting prosperity!
The investment in this renovation and historic preservation is unmatched, with no detail overlooked. The goal was to preserve this piece of history for the next 100 years and every decision was made with that long term vision.... An invaluable gift to the person lucky enough to be the new owner, entrusted with the legacy of the J. T. Rhodes building!
Key Features
- Built in 1915
- 0.12 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$8,825/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
244 E PARK AVENUE
Lake Wales, FL 33853
LAKE WALES
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 6-bedroom, 0-bathroom residential multi family at 244 E PARK AVENUE is listed at $1,650,000 ($195/sqft). The estimated monthly payment is $7,150 based on 20% down at 6.5% interest.
Key features include: Built in 1915, 0.12 acre lot, Fireplace. Interior Features: Ceiling Fans(s), Elevator, High Ceilings. Exterior Features: Lighting, Sidewalk.
This property is listed by Dolores Vogel and can be reached at 8636325573 or dolores@legacyrealestatecenter.com.


