$230,000
232 E Street Lake Wales, FL 33853
For Sale MLS# W7880019
9 beds 3 baths 2,100 sq ft Multi-family
Details for 232 E Street
MLS# W7880019
Description for 232 E Street, Lake Wales, FL, 33853
Calling All Visionary Investors! Total Renovation Required! This property presents a blank canvas for the savvy developer or investor looking to capitalize on significant upside potential. The building has solid frame, roof replaced in 2024 and fresh outside paint in 2024. Enjoy easy access to downtown, Close proximity to schools and amenities This building requires a comprehensive overhaul, offering the ultimate creative freedom to design and build to current market demands and personal vision. This property will require a zoning review. This process, while requiring due diligence, can unlock substantial value for the discerning investor. With vision and expertise, this property offers the chance to create significant equity and strong returns in a market demanding quality housing.
Listing Information
Property Type: Residential, Duplex
Status: Active
Bedrooms: 9
Bathrooms: 3
Lot Size: 0.13 Acres
Square Feet: 2,100 sq ft
Year Built: 1976
Stories: 1 Story
Construction: Block
Construction Display: New Construction
Subdivision: Lincoln Park Add
Foundation: Slab
Number Of Units Total: 2
County: Polk
Construction Status: Fixer
School Information
Elementary: Spook Hill Elem
Middle: Mclaughlin Middle
High: Frostproof Middle - Senior High
Interior Features
Flooring: Concrete,Tile
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Municipal Utilities
Exterior / Lot Features
Parking Description: Off Street
Roof: Shingle
Lot Dimensions: 137x42
Additional Exterior/Lot Features: Other, Fence
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 42000
Unit 1 Baths Total: 2
Unit 1 Beds Total: 7
Unit 2 Units Total: 1
Unit 2 Actual Rent: 14400
Unit 2 Baths Total: 1
Unit 2 Beds Total: 2
Driving Directions
Head northwest on US-27 N/US-98 N toward Lake Streety Rd Slight right toward Washington Ave Turn right onto Washington Ave Turn right onto E St Destination will be on the left.
Financial Considerations
Terms: Cash,Other,Special Funding
Tax/Property ID: 27-29-35-880000-006090
Tax Amount: 1465
Tax Year: 2024
A broker reciprocity listing courtesy: CENTURY 21 BE3
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Copyright 2025 Stellar MLS as distributed by the MLS GRID. All Rights Reserved.
Payment Calculator
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 232 E Street
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 232 E Street
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
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
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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