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About This Home

This 0-bedroom, 0-bathroom commercial 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.

Agent Description

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 H

all 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

Property Details

1915

Monthly Cost Estimate

$8,825/mo

20% down · 6.5% · 30 years

Principal$1,193
Interest$7,150
Insurance$481

Estimates only. Actual payments may vary.

Location

244 E PARK AVENUE

Lake Wales, FL 33853

LAKE WALES

Features & Amenities

Exterior Features

Paved

Property Details

Flooring

Tile

Construction

Brick

Heating

Central

Cooling

Central Air

Appliances

DishwasherDryerMicrowaveRefrigeratorWasher

Questions & Answers

This 0-bedroom, 0-bathroom commercial 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. Exterior Features: Paved.

This property is listed by Dolores Vogel and can be reached at 8636325573 or dolores@legacyrealestatecenter.com.

DV

Dolores Vogel

Agent at LEGACY REAL ESTATE CENTER INC

(863) 632-5573

Listed by LEGACY REAL ESTATE CENTER INC · View on Broker Site

MLS# K4903016· Source: listhub· Updated 320 days ago

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

244 E PARK AVENUE, Lake Wales, FL 33853

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