# 318 S 1st St, Lake Wales, FL 33853

> **TL;DR:** 1bd/1ba single family, $299,900 ($224/sqft), built 1938, 1,336 sqft.
> Hardwood. Est. $1,300/mo. Listed 59 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $299,900 |
| Price/sqft | $224 |
| Bedrooms | 1 |
| Bathrooms | 1 full |
| Square Feet | 1,336 |
| Year Built | 1938 |
| Lot Size | 6,098 sqft (0.14 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 59 |

## Why This Home Stands Out

- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,300 |
| **Total** | **$1,300** |

## Key Amenities

- Hardwood

## Property Highlights

- Built in 1938
- 0.14 acre lot

## Description

### Agent Description
GREAT LOCATION! NEW ROOF 2025! SELLER FINANCING 20% DOWN! OFFICE/RESIDENTIAL OPTION! The property is zoned commercial and offers the option to convert the rear portion into a 1-bedroom residential unit (featuring a separate electric meter) ideal for mixed-use commercial and residential flexibility. Exceptional Commercial Property, OFFICE WITH PRIVATE PARKING in the Heart of Downtown Lake Wales! This beautifully maintained 1,336 Sq Ft office building offers the perfect blend of charm, functionality, and unbeatable location. Nestled near shops, restaurants, and major highways, this versatile property is ideal for a boutique, childcare center, wellness spa, medical services, or professional office. With a welcoming reception area, spacious kitchen, bathroom with shower, high-speed fiber optic internet, and ADA-compliant features including a handicap ramp and railings, it's designed for success. The property includes private parking for up to 5 vehicles, excellent street visibility, and convenient access with a turn lane. Set on a 6,251 Sq Ft lot, this move-in-ready gem is your chance to secure a prime location for your business or investment portfolio in a thriving downtown area. Seller financing and private financing available. Seller financing available with 20% down payment, 10% interest, 10 year term, no prepayment penalty. Don't wait-schedule your private tour today and bring your vision to life! Seller financing available.

## Location

- **Address:** 318 S 1st St, Lake Wales, FL 33853
- **Coordinates:** 27.897331, -81.589832
- **Google Maps:** https://www.google.com/maps?q=27.897331,-81.589832

## Listing Agent

- **Name:** Daniel Hut
- **Brokerage:** Hut Team Realty LLC
- **Phone:** 8445044844
- **Email:** team@hutteam.com

## Primary Photo

![318 S 1st St - Primary Photo](http://lh.rdcpix.com/316ecab5a25b404f0215ece7498937e2l-f1694292707r.jpg)

*25 total photos available on [listing page](https://www.propertysimple.com/listing/318-s-1st-st-lake-wales-fl-33853-11685497)*

---

**MLS#:** 11685497 | **Updated:** 2026-06-19
**Source:** listhub

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

[View on PropertySimple](https://www.propertysimple.com/listing/318-s-1st-st-lake-wales-fl-33853-11685497)

---

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