421 E CENTRAL AVENUE Lake Wales, FL $ 345,000
421 E CENTRAL AVENUE
$ 345,000
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421 E CENTRAL AVENUE

Lake Wales, FL, 33853
$ 345,000
Bedrooms5 Baths4.0 Sq 2,679

Monthly Estimate*

$ 2,383

421 E CENTRAL AVENUE, Lake Wales, FL 33853 - Image 1

Multi-Family Home for sale in Lake Wales, FL

for $345,000 with 5 bedrooms and 4 full baths. This 2,679 square foot home was built in 1955 on a lot size of 0.4.

Under contract-accepting backup offers. Investment Dream with location, location, location! 3 leasable units comprised of a duplex (2 bed/1ba & 2 bed/1.5 ba) plus a detached cottage (1 bed1/ba) Great rental history and potential for increases! Put this one on your short list!

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Multi-Family Contingent

Price

$ 345,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,816

Style

Triplex

Lot Size

0.4

Year Built

1955

Town/City

Lake Wales

County/Region

Polk

MLS | Web ID

K4903920

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air Mini-Split Unit(s)
Utilities BB/HS Internet Available Electricity Connected Natural Gas Available Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dryer Electric Water Heater Range Refrigerator
Zoning R-2
Garage Spaces 0
Patio/Porch Features Deck Enclosed Front Porch
Construction Materials Concrete
Year Built 1955
Levels One
Property Subtype Triplex
Tax Year 2026
Ownership Fee Simple
County Polk
New Construction false
Property Type Residential Income
Subdivision Name LAKE WALES
Garage Y/N false
Other Structures Guest House
Status Pending
Directions From Hwy 27 turn East onto Central Ave into Lake Wales continue several blocks the property is on the left.
City LAKE WALES
Senior Community Y/N false
MLS Area 33853 - Lake Wales South
Lot Size Units Square Feet
Lot Size Square Feet 17424
Carport Spaces 0
Carport Y/N true
Listing Terms Cash Conventional
Land Lease Y/N false
Tax Annual Amount 3816.78
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active Under Contract
Occupancy Type Tenant
Tax Lot 14
Legal Description LAKE WALES PB 1 PG 88A 88B S1&2 T30 R27 BLK 34 LOT 14
Minimum Lease No Minimum
Water Access Y/N false
Water View Y/N false
Flood Zone Code x
Flood Zone Code X Y
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Interior
Interior Amenities Living Room/Dining Room Combo Window Treatments
Flooring Carpet Vinyl Hardwood
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Corridor Access Laundry Room Outside
Total Bedrooms 5
Total Baths 4
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Exterior
Exterior Amenities Outbuilding Sidewalk Storage
Lot Features Historic District City Lot
Water Source Public
Lot Size Area 17424
Foundation Details Crawlspace
Number of Buildings 2
Lot Dimensions 80 x 217
Lot Size Acres 0.4
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Legacy Real Estate Center Inc

Broker

dolores@legacyrealestatecenter.com

Email

Affordability Calculator

$2,701
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,383
Monthly Property Taxes
$318
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
10/24/2026$345,000 Listed Price

Map


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421 E CENTRAL AVENUE, Lake Wales, FL, 33853 is a Multi-Family Home for sale at $345,000 with 2,679 sqft and a lot size of 0.4. 421 E CENTRAL AVENUE has 5 bedrooms, 4.0 baths, and was built in 1955. The property's zip code is 33853 which is in Lake Wales, FL