26 POLK AVENUE
LAKE WALES, FL 33853
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!
Facts & features
Interior
- Bedrooms
- 4
- Bathrooms
- 4
- Living area
- 1,740 sqft
- Heating
- Central
- Cooling
- Central Air
- Features
- Other
Exterior & lot
- Lot size
- 12,950 sqft (0.3 ac)
- Roof
- Shingle
- Construction
- Frame
- Exterior
- Other
Financial
- Annual tax
- $2,291 (2023)
- Price / sqft
- $172/sqft
Utilities
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
Property
- Property type
- Multi-Family
- Year built
- 1925
- Subdivision
- TWIN LAKE PARK SUB
- County
- Polk
Listing
- Status
- Active
- Days on market
- 764 days
- MLS #
- MFR726017548
- Source
- Stellar MLS
Listed by Matt Mesimer · KELLER WILLIAMS REALTY SMART 1
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 17 comparable sales within 3 miles of LAKE WALES, FL, this home is priced over RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $1,516/mo
- Property tax
- $191/mo
- Home insurance
- $0/mo
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Jul 6, 2026 | Price reduced | $299,900 | −$200,000 |
| May 3, 2024 | Listed | $499,900 | — |
NeighbourhoodSample data
Reference scores for LAKE WALES, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
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