1854 HIGHLAND PARK DRIVE S A-F Lake Wales, FL $ 824,900
1854 HIGHLAND PARK DRIVE S A-F
$ 824,900
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1854 HIGHLAND PARK DRIVE S A-F

Lake Wales, FL, 33898
$ 824,900
Bedrooms6 Baths8.0 Sq 4,264

Monthly Estimate*

$ 5,146

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Multi-Family Home for sale in Lake Wales, FL

for $824,900 with 6 bedrooms and 8 full baths. This 4,264 square foot home was built in 1923 on a lot size of 0.99.

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 $6895. 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 only 1 unit needing to be refreshed when there is a tenant turnover (which is rare!)

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Multi-Family Active

Price

$ 824,900

Bedrooms

6

Full Bath

8

Property Type

Multi-Family

Taxes

$ 10,168

Style

Multi Family

Lot Size

0.99

Year Built

1923

Town/City

Lake Wales

County/Region

Polk

MLS | Web ID

K4902471

Features
General
Sewer Septic Tank
Heating Baseboard Electric
Cooling Wall/Window Unit(s)
Utilities Cable Available Electricity Connected Street Lights Water Connected
Roof Other Shingle
Appliances Dryer Electric Water Heater Range Range Hood Refrigerator Washer
Zoning R-2
Patio/Porch Features Deck Patio Porch
Construction Materials Stucco Wood Frame
Pets Allowed Yes
Year Built 1923
Tenant Pays Electricity
View Water
Levels Two
Unit Number A-F
Property Subtype Multi Family
Tax Year 2024
Ownership Fee Simple
Gross Income 84540
Waterfront Features Lake Front
Community Features Golf Park Playground Sidewalks
County Polk
New Construction false
Property Type Residential Income
Association Amenities Park Playground
Attached Garage false
Subdivision Name HIGHLAND PARK SUB
Garage Y/N false
Other Structures Shed(s) Storage
Status Active
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.
City LAKE WALES
Body of Water LAKE EASY
Association Name 863 289-7459
Senior Community Y/N false
Number Of Units Total 6
MLS Area 33898 - Lake Wales
Lot Size Units Square Feet
Lot Size Square Feet 43085
Carport Y/N false
Listing Terms Cash Conventional
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 10168
Ok to Lease 12 Months
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/K4902471
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 69
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
Water View Lake
Water Access Type Lake
Minimum Lease No Minimum
Water Access Y/N true
Water View Y/N true
Flood Zone Code X
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Interior
Interior Amenities Ceiling Fan(s) Living Room/Dining Room Combo Split Bedroom
Flooring Carpet Ceramic Tile Hardwood
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area Inside Laundry Room
Total Bedrooms 6
Total Baths 8
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Exterior
Exterior Amenities Outbuilding Balcony Other Rain Gutters Storage
Lot Features Gentle Sloping In County Landscaped Street Dead-End
Water Source Private
Lot Size Area 43085
Foundation Details Slab
Number of Buildings 1
Building Area Total 4660
Lot Dimensions 100 x 370
Lot Size Acres 0.99
Road Surface Type Paved Asphalt
Private Pool false
Waterfront Y/N true
Road Frontage Type Street Dead-End Street Paved
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* Excluded Features
List By
Legacy Real Estate Center Inc

Broker

dolores@legacyrealestatecenter.com

Email

Affordability Calculator

$5,994
Per Month
86%
14%
0%
Monthly Principal & Interest
$5,146
Monthly Property Taxes
$847
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$824,900 Listed Price

Map


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1854 HIGHLAND PARK DRIVE S A-F, Lake Wales, FL, 33898 is a Multi-Family Home for sale at $824,900 with 4,264 sqft and a lot size of 0.99. 1854 HIGHLAND PARK DRIVE S A-F has 6 bedrooms, 8.0 baths, and was built in 1923. The property's zip code is 33898 which is in Lake Wales, FL