1854 South Highland Park Drive, Unit AF

Lake Wales, FL 33898

$874,900
Price
6
Beds
4,264 Sq. Ft.
$205 / Sq. Ft.
4,264
Sq. Ft.
$205
per Sq. Ft.

Description

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 afternoon 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...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 afternoon 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 $6870. 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 2 units ready to be refreshed when there is a tenant turnover (which is rare!)
  1. Listed by Dolores Vogel • LEGACY REAL ESTATE CENTER INC

Property Details for 1854 South Highland Park Drive, Unit AF

Subdivision Name
HIGHLAND PARK SUB
Township
30
View
Water
Waterfront
Yes
Water View
Lake
LISTING UPDATED: 10/30/2024 05:05 PM

Property Details for 1854 South Highland Park Drive, Unit AF

StatusActive
MLS #K4902471
Days on Market272
Taxes$10,378 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1923
Lot Size0.99 AC / 43,085 SF
CountyPolk County

Building Information for 1854 South Highland Park Drive, Unit AF

Stories-Residences6Year Built1923Building Size-Lot Size0.99 AC / 43,085 SF

Property Information for 1854 South Highland Park Drive, Unit AF

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 4660.0
  • Building Area Units: Square Feet
  • Community Features: Golf, Park, Playground, Sidewalk
  • Directions: From Lake Wales, travel south on Scenic Hwy, turn left into Village of Highland Park, road forks, stay right. Continue through neighborhood keeping right, property is on the right side of the road.
  • Mls Major Change Type: Back On Market
  • Major Change Type: Back On Market
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 1854
  • Street Name: HIGHLAND PARK
  • Street Suffix: DRIVE
  • Street Direction Suffix: S
  • Unit Number: A-F
  • State: FL
  • City: LAKE WALES
Parking
  • Attached Garage: No
  • Available For Lease: Yes
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association Approval Required: No
  • Association Fee Requirement: None
  • Association Name: 863 289-7459
  • Association: No
  • CDD: No
  • Tax Book Number: 4-70
  • Tax Legal Description: HIGHLAND PARK SUB PB 4 PG 70 S13 T30 R27 IN SEC 24 T30 R27 IN SEC 18 T30 R28 IN SEC 19 T30 R28 LOT 69 & ST SOUTH OF SAME & RIPARIAN RIGHTS
  • Tax Lot: 69
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Gentle Sloping, In County, Landscaped, Street Dead-End, Street Paved
  • Lot Size Dimensions: 100X370
  • Parcel Number: 27-30-13-927000-000690
  • Total Acreage: 1/2 to less than 1
  • Total Num Buildings: 1
  • Water Access: Lake
  • Water Access: Yes
  • Water Body Name: LAKE EASY
  • Water Extras: Skiing Allowed
  • Water Extras: Yes
  • Water: Skiing Allowed
  • Water Frontage Feet Lake: 100
  • Zoning: R-2
  • Living Area: 4264
  • Lot Dimensions: 100X370
Property and Assessments
  • Year Built Numeric: 1923
  • Association Amenities: Park, Playground
  • Flood Zone Code: X
  • Flood Zone Date: 12-22-2016
  • Flood Zone Panel: 12105C0735G
  • Homestead: No
  • New Construction: No
  • Property Attached: Yes
  • Public Survey Range: 27
  • Public Survey Section: 13
Utilities
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Connected, Street Lights, Water Connected
  • Water Source: Private
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco, Wood Frame
  • Exterior Features: Outbuilding, Balcony, Other, Rain Gutters, Storage
  • Foundation Details: Slab
  • Levels: Two
  • Other Structures: Shed(s), Storage
  • Patio And Porch Features: Deck, Patio, Porch
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Other, Shingle
  • Waterfront Features: Lake
  • Waterfront Feet Total: 100
Interior Features
  • Bedrooms Total: 6
  • Appliances: Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
  • Cooling: Wall/Window Unit(s)
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Wood
  • Heating: Baseboard, Electric
  • Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom
  • Laundry Features: Common Area, Inside, Laundry Room
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: Yes
Multi Family
Multi-Family Information
  • Annual Expenses: $26,460
  • Annual Net Income: $62,125.00
  • Est Annual Market Income: $91,585.00
  • Gross Income: $84,540
  • Unit Count: 3
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 1
  • Unit Type Description 1: Both upstairs units with lakeviews
  • Unit Type Number Of Units Occupied 1: 2
  • Unit Type Pro Forma 1: 2150
  • Unit Type Type 1: 1 Bed/1 Bath
  • Unit Type Units Total 1: 2
Unit 2
  • Unit Type Baths Total 2: 2
  • Unit Type Beds Total 2: 2
  • Unit Type Description 2: Both are downstairs facing the lakefront
  • Unit Type Number Of Units Occupied 2: 2
  • Unit Type Pro Forma 2: 2895
  • Unit Type Type 2: 2 Bed/2 Bath
  • Unit Type Units Total 2: 2
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 0
  • Unit Type Description 3: both are ground level facing the roadside
  • Unit Type Number Of Units Occupied 3: 2
  • Unit Type Pro Forma 3: 2000
  • Unit Type Type 3: Efficiency
  • Unit Type Units Total 3: 2
Rental
Rental Information
  • Tenant Pays: Electricity
  • Minimum Lease Period: 0
  • Pets Allowed: Yes

Property History for 1854 South Highland Park Drive, Unit AF

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1854 South Highland Park Drive, Unit AF

This home is within Polk.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - K to 5
Public - 6 to 8
Public - 6 to 10
Rating
School
Distance
Ben Hill Griffin Jr Elementary School
PublicPK to 5

Bartow Elementary Academy
PublicK to 5

Union Academy
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1854 South Highland Park Drive, Unit AF is a multi-family home for sale in Lake Wales, FL 33898. This property was listed for sale on March 19, 2024 by LEGACY REAL ESTATE CENTER INC, it's currently listed at $874,900. This listing's school district is Polk. Nearby schools include Ben Hill Griffin Jr Elementary School, Bartow Elementary Academy and Union Academy. 1854 South Highland Park Drive, Unit AF is a 6-bed, 0-bath, 4,264 sqft multi-family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of LEGACY REAL ESTATE CENTER INC, Dolores Vogel

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 10/30/2024 05:05 PM