$299,900
318 1st Street
Lake Wales, FL 33853
Listing updated: April 24, 2026 at 11:04 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
GREAT LOCATION! NEW ROOF 2025! SELLER FINANCING 20% DOWN! Exceptional Commercial Property, OFFICE WITH PRIVATE PARKING in the Heart of Downtown Lake Wales! This beautifully maintained 1,336 Sq Ft office building offers the perfect blend of charm, functionality, and unbeatable location. Nestled near shops, restaurants, and major highways, this versatile property is ideal for a boutique, childcare center, wellness spa, medical services, or professional office. With a welcoming reception area, spacious kitchen, bathroom with shower, high-speed fiber optic internet, and ADA-compliant features including a handicap ramp and railings, it’s designed for success. The property includes private parking for up to 5 vehicles, excellent street visibility, and convenient access with a turn lane. Set on a 6,251 Sq Ft lot, this move-in-ready gem is your chance to secure a prime location for your business or investment portfolio in a thriving downtown area. Seller financing and private financing available. Seller financing available with 20% down payment, 10% interest, 10 year term, no prepayment penalty. Don’t wait—schedule your private tour today and bring your vision to life! Seller financing available.
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 history205 days on market
- Status: ActiveOct 1, 2025
- Listed$390,000Oct 1, 2025
- Price reduced$299,900
Facts & features
- Property type
- Commercial Sale
- Sub type
- Office
- Status
- Active
- Days on market
- 205
- Subdivision
- Twin Lake Park Sub
- County
- Polk
- Year built
- 1938
- Living area
- 1,336 sq ft
- Price/sq ft
- $224
- Lot size
- 6,251 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X
- Annual taxes
- $2,617 (2024)
- Parcel #
- 27-30-02-903500-007102
- Zoning
- C-2
- MLS #
- P4936526
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Interior Details
- Flooring
- Carpet, Laminate, Other, Tile
- Direction faces
- East
Heating & Cooling
- Heating
- Central, Electric, Other
- Cooling
- Central Air, Other
Parking
- Parking features
- Parking Spaces - 1 to 5, Ground Level, Other
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Lease Option, Owner Financing, Private Financing Available
- Ownership
- Sole Proprietor
Exterior & Construction
- Construction materials
- Concrete, Stucco, Vinyl Siding, Frame
- Roof
- Other, Shingle
- Foundation
- Crawlspace
- Road surface
- Asphalt, Other, Paved
Utilities
- Sewer
- Public Sewer, Other
- Water source
- Public, See Remarks
- Utilities
- BB/HS Internet Capable, Electricity Available, Other, Public, Sewer Nearby, Underground Utilities, Water Connected
Listing Details
- Listing date
- 2025-10-01
- On market date
- 2025-10-01
- Original list price
- $390,000
- MLS area
- 33853 - Lake Wales South
- Listing AOR
- East Polk
- Status changed
- 2025-10-01
- Tax legal description
- TWIN LAKE PARK SUB PB 3 PG 8 BLK 7 LOT 1 N 50 FT OF S 100 FT OF N 200 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 Highway 27, head east on W Polk Ave (Route 60). Turn left onto S 1st Ave, and the property will be on your left.
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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 April 24, 2026 at 11:04 AM 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.
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