1854 Highland Park Drive S #A-F Lake Wales, FL 33898 - LAKE EASY
For Sale MLS# K4902471
6 beds 8 baths 4,264 sq ft Multi-family
Details for 1854 Highland Park Drive S #A-F
MLS# K4902471
Description for 1854 Highland Park Drive S #A-F, Lake Wales, FL, 33898 - LAKE EASY
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!)
Listing Information
Property Type: Residential, Multi Family
Status: Active
Bedrooms: 6
Bathrooms: 8
Lot Size: 0.99 Acres
Square Feet: 4,264 sq ft
Year Built: 1923
Stories: 2 Story
Construction: Stucco,Wood Frame
Property Attached: Yes
Subdivision: Highland Park Sub
Foundation: Slab
Number Of Units Total: 6
County: Polk
Additonal Room Information
Laundry: Common Area, Inside, Laundry Room
Interior Features
Appliances: Electric Water Heater, Range Hood, Washer, Range, Refrigerator, Dryer
Flooring: Carpet,Ceramic Tile,Wood
Additional Interior Features: Ceiling Fan(s), Split Bedrooms, Living/Dining Room
Utilities
Water: Private
Sewer: Septic Tank
Other Utilities: Cable Available,Electricity Connected,Water Connected
Cooling: Ceiling Fan(s), Wall/Window Unit(s)
Heating: Electric, Baseboard
Exterior / Lot Features
Roof: Other, Shingle
Lot View: Lake,Water
Lot Dimensions: 100X370
Additional Exterior/Lot Features: Storage, Balcony, Other, Out Building(s), Rain Gutters, Patio, Porch, Balcony, Deck, Landscaped, Dead End, Gentle Sloping, Outside City Limits
Out Buildings: Storage, Outbuilding, Shed(s)
Waterfront Details
Standard Water Body: LAKE EASY
Water Front Features: Lake Privileges, Lake Front
Community Features
Community Features: Park, Street Lights, Playground, Golf, Sidewalks
Association Amenities: Playground, Park
Unit Information
Unit 1 Units Total: 2
Unit 1 Actual Rent: 2000
Unit 1 Baths Total: 1
Unit 2 Units Total: 2
Unit 2 Actual Rent: 2895
Unit 2 Baths Total: 2
Unit 2 Beds Total: 2
Unit 3 Units Total: 2
Unit 3 Actual Rent: 2150
Unit 3 Baths Total: 1
Unit 3 Beds Total: 1
Driving 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.
Financial Considerations
Terms: Cash,Conventional
Tenant Pays: Electricity
Gross Income: 84540
Tax/Property ID: 27-30-13-927000-000690
Tax Amount: 10168
Tax Year: 2024
A broker reciprocity listing courtesy: LEGACY REAL ESTATE CENTER INC
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 1854 Highland Park Drive S #A-F
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1854 Highland Park Drive S #A-F
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
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