315 Ridge Manor Dr, photo 1
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Overview

6 bd12 ba5,030 sqftQuadruplex
TypeQuadruplex
HOANone listed
Built1926
Lot34,360 sqft
Living area5,030 sqft
Price / sqft$149

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About this home

Window TreatmentsStorage

315 Ridge Manor Dr is a 1926-built home in Ridge Manor, Lake Wales. Inside you'll find 6 bedrooms, 12 bathrooms, and 5,030 square feet of living space. Listed at $749,000 (about $149/sqft), 207 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Exceptional 11-Unit Income Opportunity with Strong Rental Appeal! Don’t miss this unique mixed-unit multifamily property offering a versatile unit mix designed to attract a wide range of tenants and help minimize vacancies. With all 11 units currently occupied and long-term leases in place, this property provides immediate and stable income for the savvy investor. Ideally located with convenient access to schools, shopping, medical facilities, and major travel routes including Hwy 27 and SR 60, tenants enjoy easy north/south/east/west commuting—making this a highly desirable rental location. Recent improvements include a new roof and new septic drainfield, offering added peace of mind and reduced near-term capital expenses. Whether you’re expanding your portfolio or seeking your first solid, income-producing asset, this property checks all the boxes. Private showings are now being scheduled—secure your opportunity today!

The essentials

Built
1926
Price / sqft
$149
On market
207 days
Annual tax
$9,928
Flood zone
X · Low risk
Lot
34,360 sqft
Type
Quadruplex

At a glance

Single family
Built 1926
0.79 acres
Lot size
5,030 sqft
Living area

Payment

Est. monthly payment
$5,108/mo
Down payment (20%)
$149,800
Property taxes
$827/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Quadruplex
Year Built
1926
Lot
34,360 sqft
Cooling
Wall/Window Unit(s)
Heating
Electric, Space Heater
Parking
-
Days on Market
207
Window Treatments
Storage
Flood Zone X
Annual Tax (2025)
$9,928
Parcel #
27-30-11-916000-011040

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Ridge Manor
County
Polk
MLS Area
33853 - Lake Wales South
Lot Size
34,360 sqft

Price history

Date
Event
Price
8/19/2026
Price change
Source: Stellar MLS #K4903360
$749,000-1.3%
$149/sqft
-
Price change
Source: Stellar MLS #K4903360
$759,000-5.0%
$151/sqft
3/20/2026
Listed for sale
Source: Stellar MLS #K4903360
$799,000
$159/sqft

Neighborhood

315 Ridge Manor Dr
Lake Wales, FL, 33853 · 33853 - Lake Wales South

Market insights

Offer Insights

Choose an offer strength

List price: $749,000
$745,000 – $749,000
99.5% – 100% of listTops out right at the list price
80% of listList price
59 of the last 93 home closings in 33853 landed at this number or higher (63%). The median one sat 58 days before it went under contract, and this one is on day 207 after a $50,000 cut.

Sample: 93 closed home sales in 33853 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$5,108/mo
Principal & interest$3,906
Property taxes$827
Insurance$375
Down payment20% · $149,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$749,000

$149 per sq ft

Beds and baths

6 beds, 12 baths

Size

5,030 sq ft

Time on market

207 days

Year built

1926

Monthly payment

About $5,108/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $9,928 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byLEGACY REAL ESTATE CENTER INCListing agent: Dolores VogelListing data from Stellar MLS, MLS# K4903360.

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