136 MYRTLE AVENUE Lake Wales, FL $ 208,000
136 MYRTLE AVENUE
$ 208,000
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136 MYRTLE AVENUE

Lake Wales, FL, 33898
$ 208,000
Baths0.0 Sq 1,536

Monthly Estimate*

$ 1,281

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Studio

Multi-Family Home for sale in Lake Wales, FL

for $208,000. This 1,536 square foot home was built in 1981 on a lot size of 0.22.

Great opportunity to own an income-producing duplex in Lake Wales! TWO 2 bed, 1 bath units at 786 square feet each. Situated on a 9,187 sq ft (0.22 acre) lot, this property offers excellent potential for investors, owner-occupants or generational families. The spacious layout and large lot size make this property stand out compared to many duplexes in the area. Located just 3 minutes from the Lake Wales Country Club, the property provides convenient access to nearby employment centers, recreation, and everyday amenities that support strong rental demand. A large shed in the backyard adds valuable storage space for tools, equipment, or tenant use. With income potential, a large lot, and an attractive price point for a duplex of this size, this property presents a great opportunity in the Lake Wales market.

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Multi-Family Active

Price

$ 208,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,027

Style

Duplex

Lot Size

0.22

Year Built

1981

Town/City

Lake Wales

County/Region

Polk

MLS | Web ID

TB8486462

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air Wall/Window Unit(s)
Utilities Electricity Connected Water Available
Roof Shingle
Zoning R-2
Construction Materials Concrete
Year Built 1981
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
County Polk
New Construction false
Property Type Residential Income
Subdivision Name TOWN OF LAKE WALES
Garage Y/N false
Other Structures Shed(s) Storage
Status Active
Directions From US-27 in Lake Wales head east on State Road 60 (W Central Ave). Turn right onto Scenic Hwy (FL-17). Turn left onto Myrtle Ave. Continue to 136 Myrtle Ave which will be on your left.
City LAKE WALES
Senior Community Y/N false
Number Of Units Total 2
MLS Area 33898 - Lake Wales
Lot Size Units Square Feet
Lot Size Square Feet 9187
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 4027.58
Property Condition Fixer
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8486462
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 12
Legal Description GOLF VIEW PARK PB 14 PG 23 23A BLK 9 LOT 12
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Ceiling Fan(s) Living Room/Dining Room Combo Primary Bedroom Main Floor
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Washer Hookup
Total Bedrooms 0
Total Baths 0
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Exterior
Exterior Amenities Fenced Fire Pit Private Yard
Lot Features Level
Water Source Public
Lot Size Area 9187
Foundation Details Slab
Number of Buildings 1
Lot Dimensions 127 x 75 x 65
Lot Size Acres 0.22
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Road Frontage Type Street Paved
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* Excluded Features
List By
Acropolis Realty Group Llc

Broker

sdegaetano@acropolisrealtygroup.com

Email

Affordability Calculator

$1,616
Per Month
79%
21%
0%
Monthly Principal & Interest
$1,281
Monthly Property Taxes
$336
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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/13/2026$208,000 Listed Price

Map


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136 MYRTLE AVENUE, Lake Wales, FL, 33898 is a Multi-Family Home for sale at $208,000 with 1,536 sqft and a lot size of 0.22. 136 MYRTLE AVENUE is a studio with 0.0 baths and was built in 1981. The property's zip code is 33898 which is in Lake Wales, FL