327 S Miami Street, Lake Wales Fl 33853 - MLS# P4936630

Residential Property - Single Family Residence in Lake Wales

Listing Price: $180,000Days on Market: 1

Description of Property

Incredible investment opportunity! This 2-for-1 property deal offers two homes on one lot, located on a quiet dead-end street in the heart of Lake Wales, Florida. Property Details: Main Home: 4 Bedrooms | 2 Bathrooms | Built in 1925 (752 sq foot living space/944 total sq ft under roof) Second Home: 1 Bedroom | 1 Bathroom | Built in 1940 (324 sq ft) Public Water and Sewer, Paved road frontage with easy access, Mature landscaping provides natural shade. Perfect for builders, contractors, or investors looking for a renovation project with solid potential. Live in one and rent the other, use as multi-generational housing, or update both for dual rental income opportunities! Nestled in a peaceful area yet close to local shopping, dining, and schools — this Lake Wales property offers small-town charm with convenient city access.The average asking price for a 4 bedroom/2 bath single family residence in this Zip code is $287,260. This single family residence is listed at about 63% of the average asking price. This is the only 4 bedroom/2 bath single family residence between $100,000 and $200,000 currently listed for sale in this Zip code.

Property Details At A Glance

Virtual Tour

Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Lake Wales
County: Polk
Subdivision: Twin Lake Park Sub
Bedrooms: 4
Bathrooms: 2
Sq. Ft. Gross: 944
Sq. Ft. Living Area: 752
Cost per (heated) sqare foot: $239
Year built: 1925
Annual Tax: $1,247

Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.

Interior Features: Living Room/Dining Room Combo
Appliances: None

Flooring: Hardwood

Laundry Features: None

Pool & Waterfront Info

Private Pool: Not specified

Exterior & Construction

Construction: Wood Frame
Foundation: Pillar/Post/Pier
Roof: Other
Exterior Features: Private Mailbox
Floors Total: 1
Floors in Unit: One
Cooling: Wall/Window Unit(s)
Heating & Fuel: None
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:

Utilities: Water Connected
Sewer: Public Sewer
Water Source: Public

Lot Information

Lot Size (acres): 0.28
Lot Size (sq. ft.): 12,097 square feet
Lot Dimensions: 160 x 70
Front Exposure: West

Legal Description & Other Information

Financing Available: Cash
Parcel Number: 273002903500010203
Zoning: C-2
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: TWIN LAKE PARK SUB PB 3 PG 8 BLK 10 LOT 2 W 160 FT S OF ST RD 79 ( SR 60 ) LESS R/W PCL 100 SECTION 16110-013 BEING ADDL R/W FOR SR 60 AS DESC IN OR 4713-1326
Section: 2
Range: 27

Map

Listing courtesy of KELLER WILLIAMS REALTY SMART 1. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.