627 Washington Avenue
Lake Wales, FL 33853
MLS# A11991034
Lake Wales, FL 33853
$249,000
ActiveThis lakefront multi-family property in the heart of Lake Wales presents a rare opportunity for both savvy investors and future owner-occupants alike an impressive 8% rate with an all-cash purchase_and closer to a 9% cap with just 20% down at today's prevailing rates for those looking to live in one unit. the numbers make ownership more affordable than rent with the second unit offset your mortgage 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. The seller is offering a $10.000 concession with full price offer
Listed by Simon Gray Realty LLC · Penny Dias
Listing data provided by BeachesMLS · MLS #B26042757.
Information is deemed reliable but is not guaranteed and should be independently verified. © 2026 BeachesMLS. All rights reserved.
Estimated Monthly Payment
$1,678.03
Principal & Interest
$1,325.28
Taxes
$249.00
Insurance
$103.75
This is an estimate for illustrative purposes only. Actual payments will vary. Consult a licensed mortgage professional.
Your information is kept private and never sold.
627 Washington Avenue
Lake Wales, FL 33853
MLS# A11991034
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