9035 Temple Drive Lake Wales, FL $ 229,000
9035 Temple Drive
$ 229,000
Share Save

9035 Temple Drive

Lake Wales, FL, 33898
$ 229,000
Baths0.0

Monthly Estimate*

$ 1,410

9035 Temple Drive, Lake Wales, FL 33898 - Image 1
9035 Temple Drive, Lake Wales, FL 33898 - Image 2
9035 Temple Drive, Lake Wales, FL 33898 - Image 3
9035 Temple Drive, Lake Wales, FL 33898 - Image 4
9035 Temple Drive, Lake Wales, FL 33898 - Image 5
9035 Temple Drive, Lake Wales, FL 33898 - Image 6
9035 Temple Drive, Lake Wales, FL 33898 - Image 7
9035 Temple Drive, Lake Wales, FL 33898 - Image 8
9035 Temple Drive, Lake Wales, FL 33898 - Image 9
9035 Temple Drive, Lake Wales, FL 33898 - Image 10
9035 Temple Drive, Lake Wales, FL 33898 - Image 11
9035 Temple Drive, Lake Wales, FL 33898 - Image 12
9035 Temple Drive, Lake Wales, FL 33898 - Image 13
9035 Temple Drive, Lake Wales, FL 33898 - Image 14
9035 Temple Drive, Lake Wales, FL 33898 - Image 15
9035 Temple Drive, Lake Wales, FL 33898 - Image 16
9035 Temple Drive, Lake Wales, FL 33898 - Image 17
9035 Temple Drive, Lake Wales, FL 33898 - Image 18
9035 Temple Drive, Lake Wales, FL 33898 - Image 19
9035 Temple Drive, Lake Wales, FL 33898 - Image 20
9035 Temple Drive, Lake Wales, FL 33898 - Image 21
9035 Temple Drive, Lake Wales, FL 33898 - Image 22
9035 Temple Drive, Lake Wales, FL 33898 - Image 23
9035 Temple Drive, Lake Wales, FL 33898 - Image 24
9035 Temple Drive, Lake Wales, FL 33898 - Image 25
9035 Temple Drive, Lake Wales, FL 33898 - Image 26
9035 Temple Drive, Lake Wales, FL 33898 - Image 27
9035 Temple Drive, Lake Wales, FL 33898 - Image 28
9035 Temple Drive, Lake Wales, FL 33898 - Image 29
9035 Temple Drive, Lake Wales, FL 33898 - Image 30
9035 Temple Drive, Lake Wales, FL 33898 - Image 31
9035 Temple Drive, Lake Wales, FL 33898 - Image 32
9035 Temple Drive, Lake Wales, FL 33898 - Image 33
9035 Temple Drive, Lake Wales, FL 33898 - Image 34
9035 Temple Drive, Lake Wales, FL 33898 - Image 35
9035 Temple Drive, Lake Wales, FL 33898 - Image 36
9035 Temple Drive, Lake Wales, FL 33898 - Image 37
View a Virtual Tour
Studio

Multi-Family Home for sale in Lake Wales, FL

for $229,000. This home was built in 1989.

THIS PROPERTY WON’T LAST LONG WITH A MAJOR $229,000 PRICE REDUCTION! 3 UNIT MULTIFAMILY OPPORTUNITY WITH CANAL FRONTAGE LEADING TO LAKE-WALK-IN WATER. Located at the end of a private, dead-end street with 164 feet of canal frontage, this unique 0.54-acre multi-family property offers direct access to the 7,500-acre Lake Walk-In-Water—nationally renowned for its trophy bass fishing. Zoned R-3, this property features three existing units and the infrastructure to add a fourth, making it the ultimate versatile asset. CHOOSE YOUR STRATEGY: 1) The value-add investment at the newly reduced price of $229,000! The property generates $2,075/month ($24,900/year) from just two occupied units (Units A and C), with tenants paying their own utilities. IMMEDIATE UPSIDE: Lease the currently vacant Unit B ($750.00/month) $33,900.00/year unlocking a massive DOUBLE-DIGIT CAP RATE! 2) The Waterfront "House Hacker" Stop paying a mortgage and start getting paid to live on the water. You can immediately move into Unit B—a vacant, sturdy 1975 concrete block apartment featuring a kitchenette and its own private dock. While you enjoy the lake lifestyle, your neighbors in Units A and C will generate $2,075/month which can easily cover your mortgage and property taxes ($3,177/yr), and insurance. Keep it all for your family, or rent out one unit to cover the annual carrying cost. This multifamily property offers multiple strategies and won’t last long!

See more

Multi-Family Active

Price

$ 229,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,780

Style

Year Built

1989

Town/City

Lake Wales

County/Region

Polk

MLS | Web ID

A11919610

Features
General
Sewer Other
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Cable Available
Possession Close Of Escrow
Roof Metal
Pool Features None
Construction Materials Block
Year Built 1989
Stories Count 1
Levels One
Property Subtype Triplex
Tax Year 2024
Waterfront Features Canal Front
County Polk
Property Type Residential Income
Subdivision Name WIndian Lake Heights Sub
Rent Includes Electricity Sewer Trash Collection
Status Active
Directions Head north on FL-17 turn south on T S Wilson Rd. In 5.4 miles turn right on Blue Jordan Rd and continue straight onto walker in water rd turn right onto Boat Landing Rd then right on Tiger Creek Rd arrived to destination 0.2 miles on the left.
City Lake Wales
Disclosures None
Zoning Description R-3
MLS Area 5940 Florida Other
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details Resale
Tax Annual Amount 2780
MLS Area Minor Other Geographic Area (Out Of Area Only)
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11919610
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Triplex
Legal Description BEG NW COR OF SE1/4 RUN S 100 1.23 FT TO 40 FT RD ELY ALONG C/L RD 309.13 FT FOR POB RUN N 18 DEG 54 MIN 33 SEC E 150.12 FT TO C/L WATERWAY
See more
Interior
Flooring Hardwood Wood
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
See more
Exterior
Water Source Well
Total Parking 0
Frontage Length 164
Waterfront Y/N true
Covered Spaces 0
See more
* Excluded Features
List By
Lpt Realty, Llc

Broker

tania@mbnarealty.com

Email

Affordability Calculator

$1,642
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,410
Monthly Property Taxes
$232
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/25/2026$229,000 -9.84% Price Down
11/25/2025$254,000 Listed Price

Map


See all

9035 Temple Drive, Lake Wales, FL, 33898 is a Multi-Family Home for sale at $229,000. 9035 Temple Drive is a studio with 0.0 baths and was built in 1989. The property's zip code is 33898 which is in Lake Wales, FL