Price Reduced 23.91%

$175,000 ($83.33 per sqft)

Est. Mortgage $873/mo *

Quick Pre-Approval

Price History

$230,000
10/20/2025

$215,000
12/23/2025

$198,000
2/5/2026

$175,000
3/16/2026


232 E STREET, Lake Wales, FL, 33853

232 E STREET, Lake Wales, FL, 33853

9 beds

1976

2,100 sqft

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.


Status:

Active

Type:

Multi-family

Laundry Remarks:

None

Units:

2

Subdivision:

LINCOLN PARK ADD

Garage:

Off Street

Heating:

None

Cooling:

None

Lot Size:

137 x 42

Acreage:

0.13

Est. Taxes:

$1,465

Construction

Block

Utilities

Public

Elementary School:

Spook Hill Elem

Middle School:

Mclaughlin Middle

High School:

Frostproof Middle - Senior High

Days on Market:

106

Pet Policy:

Yes

Appliances:

None

Min Lease Term:

No Minimum

MLS #:

W7880019


Community Info

School Info

Walk Score

Yelp


Listing courtesy of Century 21 BE3 727-596-1811