646 BEVERLY DRIVE Lake Wales, FL $ 275,000
646 BEVERLY DRIVE
$ 275,000
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646 BEVERLY DRIVE

Lake Wales, FL, 33853
$ 275,000
Bedrooms4 Baths2.0 Sq 1,782

Monthly Estimate*

$ 1,899

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Apartment for sale in Lake Wales, FL

for $275,000 with 4 bedrooms and 2 full baths. This 1,782 square foot apartment was built in 1983 on a lot size of 0.26.

Virtually Staged. INVESTMENT OPPORTUNITY in Lake Wales! This well-constructed brick duplex presents an excellent opportunity to acquire an income-producing property with additional value-add potential. The property consists of two spacious 2-bedroom, 1-bath units, each offering an oversized driveway for ample off-street parking and access to a fenced-in backyard. The durable brick construction and solid foundation provide a strong starting point for continued ownership and improvement. Several significant updates have already been completed. Unit 648 features an AC system, water heater, and luxury vinyl plank flooring installed approximately two years ago. The property was also updated with new plumbing approximately two and a half years ago, and the septic tank and drain field were replaced approximately four and a half years ago. One unit is currently rented, while the second unit is vacant and provides an opportunity for an investor to renovate, lease, and increase overall income potential. With approximately $30,000 in potential annual rental income when fully occupied, this property offers the opportunity to combine existing rental income with future upside through strategic improvements. Located in Lake Wales, the property provides convenient access to local shopping, dining, schools, parks, and major roadways, making it a practical location for both residents and rental tenants. A solid opportunity for an investor seeking a two-unit property with established improvements and room to add value.

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Apartment Active

Price

$ 275,000

Bedrooms

4

Full Bath

2

Property Type

Apartment

Taxes

$ 3,414

Style

1/2 Duplex

Lot Size

0.26

Year Built

1983

Town/City

Lake Wales

County/Region

Polk

MLS | Web ID

L4965085

Features
General
Sewer Septic Tank
Heating Central
Cooling Central Air
Utilities Electricity Connected Water Connected
Roof Shingle
Appliances Range Refrigerator
Zoning R-2
Patio/Porch Features Front Porch Rear Porch
Construction Materials Block Stucco
Pets Allowed Yes
Year Built 1983
View Trees/Woods
Levels One
Property Subtype 1/2 Duplex
Tax Year 2026
Ownership Fee Simple
County Polk
New Construction false
Property Type Residential
Subdivision Name RIDGE MANOR
Facing Direction North
Garage Y/N false
Total Rooms 3
Full Baths 2
Status Active
Directions From U.S. Highway 27 in Lake Wales head east on State Road 60. Turn south onto Scenic Highway and continue to Beverly Drive. Turn onto Beverly Drive and continue to the destination.
City LAKE WALES
Senior Community Y/N false
MLS Area 33853 - Lake Wales South
Lot Size Units Square Feet
Lot Size Square Feet 11173
Carport Y/N false
Listing Terms Cash Conventional FHA VA Loan
Land Lease Y/N false
Tax Annual Amount 3414.78
Additional Parcels Y/N false
Lease Considered Y/N false
Virtual Tour https://www.zillow.com/view-imx/c42c5d1f-e57d-4cd8-8d81-6ba7e6252fee/?utm_source=captureapp
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 11
Legal Description RIDGE MANOR FIRST UNIT PB 12 PG 10 IN SEC 12 T30 R27 BLK 3 LOT 11
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
In Law Suite YN false
Flood Zone Code X Y
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Interior
Interior Amenities Ceiling Fan(s) Living Room/Dining Room Combo Open Floorplan Split Bedroom
Flooring Carpet
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Window Treatments
Fireplace Y/N false
Half Baths 0
Laundry Features Electric Dryer Hookup In Kitchen Laundry Closet Washer Hookup
Total Bedrooms 4
Total Baths 2
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Exterior
Exterior Amenities Lighting Private Entrance Private Mailbox Rain Gutters Sidewalk
Vegetation Oak Trees Trees/Landscaped
Fencing Fenced Wood
Parking Features Driveway
Water Source Public
Lot Size Area 11173
Foundation Details Slab
Building Area Total 2102
Lot Dimensions 68 x 160
Lot Size Acres 0.26
Road Surface Type Asphalt Paved
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Keller Williams Realty Smart 1

Broker

david@dreamhomescentralflorida.com

Email

Affordability Calculator

$2,184
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,899
Monthly Property Taxes
$285
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
9/21/2026$275,000 Listed Price

Map


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646 BEVERLY DRIVE, Lake Wales, FL, 33853 is a Apartment for sale at $275,000 with 1,782 sqft and a lot size of 0.26. 646 BEVERLY DRIVE has 4 bedrooms, 2.0 baths, and was built in 1983. The property's zip code is 33853 which is in Lake Wales, FL