This lakefront multi-family property in the heart of Lake Wales presents a rare opportunity for both savvy investors and future owner-occupants alike an impressive 8% rate with an all-cash purchase_and closer to a 9% cap with just 20% down at today’s prevailing rates for those looking to live in one unit. the numbers make ownership more affordable than rent with the second unit offset your mortgage The property offers two well-designed 2-bedroom, 1-bath units with open-concept living, generous outdoor space, and desirable lakefront appeal with no HOA. The seller is offering a $10.000 concession with full price offer
Current real estate data for Multi Family in Lake Wales as of Nov 05, 2026
2
Multi Family Listed
49
Avg DOM
157
Avg $ / SqFt
$273,500
Avg List Price
Listing Provided Courtesy of Simon Gray Realty LLC at 888-321-1617
Property Details
Price:
$249,000
MLS #:
B26042757
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Duplex
Subdivision:
NORTHSIDE HEIGHTS
Neighborhood:
5940otherfloridacounty
Listed Date:
Aug 25, 2026
Finished Sq Ft:
1,455
Total Sq Ft:
1,831
Lot Size:
444,181,320 sqft / 0.23 acres (approx)
Year Built:
1938
Units:
3
Schools
Interior
Cooling
Central Air
Flooring
Wood
Heating
Electric
Levels
One
Exterior
Construction Materials
Other
Exterior Features
None
Roof
Shingle
Stories
1
View
Lake
Waterfront Features
Lake
Financial
Tax Year
2025
Taxes
$3,631
Map
Contact Us
Mortgage Calculator
Community
- Address130 E Northside Drive Lake Wales FL
- SubdivisionNORTHSIDE HEIGHTS
- CityLake Wales
- CountyPolk
- Zip Code33853
Property Summary
- Located in the NORTHSIDE HEIGHTS subdivision, 130 E Northside Drive Lake Wales FL is a Multi Family for sale in Lake Wales, FL, 33853. It is listed for $249,000 To schedule a showing of MLS#b26042757 at 130 E Northside Drive in Lake Wales, FL, contact your Trust House Realty agent at 9543362003.
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130 E Northside Drive
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