Duplex in 130 E Northside Drive, Lake Wales, FL 33853 for sale with MLS# B26042757

This lakefront multi-family property in the heart of Lake Wales presents a rare opportunity for both savvy investors and future owner-occupants alike Deliverina an imprecsive wabout 8% can rate with an all-cash nurchase_and closer to about a 9% cap with just 20% down at today's prevailing rates -this is compellina. for those looking to live in one unit. the numbers make ownership more affordable than rentina. while the second unit helns offset vour mortaage The property offers two well-designed 2-bedroom, 1-bath units with open-concept living, generous outdoor space, and desirable lakefront appeal with no HOA. While a new roof is needed. the seller is offerina a $10.000 concession

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130 E Northside Drive, Lake Wales, FL 33853

Price
Price:
$254,600.00
Original List Price:
$255,000.00
List Price per Sq Ft (Calculated, Approx.):
$175.25
Lease Details
Tenant Pays:
Electricity, Water, Gas, Cable Tv
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Duplex
Description of Last Important Update:
Price Reduced
Last Major Update on:
August 8, 2026 7:20 pm
Measures
Living Area:
1,455 Sqft
Built-Up Area:
1,831 Sqft
Building Area Source:
Appraiser
Living Area Source:
Appraiser
Lot Size Acres:
0.23
Property Features
View from the Property:
Lake
Waterfront:
Yes
Waterfront Features:
Lake Front
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Electric
Construction
Year Built:
1938
Roof:
Shingle
Number of Units Total:
3
Levels:
One
Construction Materials:
Other
Flooring:
Wood
Number of stories:
1
Structure Type:
Duplex
Number of Units in the Community or Building:
2
Stories:
1
Flood Zone Code:
AE,X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$3,631.09
Tax Year:
2025
Tax Assessed Value:
$173,531.00
Property Tax Details:
Other Exemption
Utilities
Sewer:
Public Sewer
Utilities Available:
Electricity Connected, Water Connected
Water Source:
Public
Community
Subdivision Name:
NORTHSIDE HEIGHTS
Senior Community:
No
Restrictions:
No Smoking
Terms
Documents Available:
Copy Of Lease(s)
Listing Terms Considered by Seller:
Cash, Conventional, FHA, VA Loan, 1031 Exchange
Buyer Possession:
Negotiable
Negotiable Seller Concessions
Zoning and Legal
Tax Legal Description:
NORTHSIDE HEIGHTS PB 36 PG 48 BLK A LOT 12
Real Estate Folio Number (Parcel Number):
342927875300001120
Zoning:
R3
Listing History
Active on the market since:
June 18, 2026
Listing Agreement executed on:
June 18, 2026
Price change occurred on:
August 8, 2026 7:20 pm
Listing Status Last Changed On:
June 18, 2026 6:05 pm
Photos updated on:
June 18, 2026 6:05 pm
Last Modified:
August 8, 2026 7:21 pm
Additional Information
Courtesy of:
Simon Gray Realty LLC
Attribution:
Not provided
Location
Street Name:
Northside
Street Number:
130
City:
Lake Wales
State:
Florida
Zip Code:
33853
County:
Polk
Latitude:
N27° 54' 43.4''
Longitude:
W82° 23' 26.1''
Street Suffix:
Drive
Street Direction Prefix:
E
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $40,938
Median Home Value $198,100
Median Rent $965/mo
Median Age 37
Population 12,385
Ver la Propiedad Ver la propiedad 130 E Northside Drive, Lake Wales, FL 33853
Association of REALTORS®
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