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About this home
441 S 11th St is a 1976-built home in Druid Hills, Lake Wales. Listed at $1,150,000 (about $347/sqft), 0 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Exceptional medical office opportunity in the heart of Lake Wales’ premier medical district! Ideally situated on a highly visible corner lot directly across from the AdventHealth Lake Wales Hospital campus, this versatile property offers an outstanding combination of location, functionality, and future growth potential. The approximately 3,300-square-foot medical office was previously operated as a successful ophthalmology practice and surgical suite and is thoughtfully designed for medical or professional use. The building features three exam rooms, an oversized reception and waiting area, a dedicated optical display room, abundant storage throughout, a separate lab, kitchen/break room, staff lockers, and two restrooms. Whether you’re opening a specialty practice, expanding an existing healthcare business, or reconfiguring the space for another professional use, this well-designed facility provides an exceptional foundation. The property includes 13 designated parking spaces serving the medical office, along with a detached storage building for additional convenience. What truly sets this offering apart is the inclusion of a second parcel featuring a 3-bedroom, 2-bath home currently leased for $1,550 per month, providing immediate rental income while preserving valuable land for future expansion. With a combined site totaling just under three-quarters of an acre, the possibilities are endless—from expanding the existing medical facility to developing an entirely new healthcare or professional campus. Properties offering this combination of a prime medical location, income-producing assets, expansion potential, and generous parking are a rare find. Don’t miss this unique investment and development opportunity in one of Lake Wales’ most desirable commercial corridors.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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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
$1,150,000
$347 per sq ft
Size
3,310 sq ft
Time on market
87 days
Year built
1976
Monthly payment
About $7,449/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $10,507 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.
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