$299,900
26 Polk Avenue
Lake Wales, FL 33853
Listing updated: June 27, 2026 at 12:22 PM ET
Listing courtesy of Keller Williams Realty Smart 1 · Matt Mesimer · MLS #L4944606 · Active · 863-508-3000Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
***HUGE PRICE REDUCTION***Looking for an investment opportunity look no further! This triplex also has a detached unit and is nestled on an oversized lot in the heart of Lake Wales just minutes from downtown. The front unit has 1 bedroom and 1 bathroom and is nearly 500 living sq. ft. The rear unit also has 1 bedroom and 1 bathroom with nearly 500 living sq. ft. The third unit is a studio that is roughly 400 living sq. ft. The detached unit has 2 bedrooms and 1 bathroom and is just over 600 sq. ft. All units are occupied with the monthly rents totaling $3,995.00 and an annual gross income of $47,940.00. So call today to get in on the action before this amazing opportunity slips away!
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history755 days on market
- Status: ActiveMay 1, 2026
- Listed$499,900May 8, 2024
- Price reduced$299,900
Facts & features
- Property type
- Residential Income
- Sub type
- Quadruplex
- Status
- Active
- Days on market
- 755
- Subdivision
- Twin Lake Park Sub
- County
- Polk
- Year built
- 1925
- Living area
- 1,740 sq ft
- Price/sq ft
- $172
- Building area
- 1,916 sq ft (Public Records)
- Lot size
- 12,950 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X
- Annual taxes
- $2,291 (2023)
- Parcel #
- 27-30-02-903500-007303
- Zoning
- C-2
- MLS #
- L4944606
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Interior Details
- Bedrooms
- 4
- Interior features
- Other
- Laundry
- Outside
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Other
- Construction materials
- Frame
- Roof
- Shingle
- Foundation
- Crawlspace
- Road surface
- Asphalt, Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
Listing Details
- Listing date
- 2024-05-03
- On market date
- 2024-05-08
- Original list price
- $499,900
- MLS area
- 33853 - Lake Wales South
- Listing AOR
- East Polk
- Status changed
- 2026-05-01
- Tax legal description
- TWIN LAKE PARK SUB PB 3 PG 8 BLK 7 LOT 3 W 60 FT OF S 185 FT & LOT 4 E 10 FT OF S 185 FT
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
FROM HWY 60 TURN ONTO W POLK AVE. PROPERTY WILL BE IMMEDIATELY ON LEFT.
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 27, 2026 at 12:22 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA