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About this home
101 Central Ave W is a 1959-built home in Magnolia Park Sub, Lake Wales. Listed at $397,000 (about $746/sqft), 316 days on market. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable.
Prime Commercial Property in Lake Wales – Corner Lot – Two Lots! Excellent opportunity to own or lease a prime commercial property in Lake Wales! This property consists of two lots and is currently operating as a car dealership. Located on a high-traffic corner lot, it offers maximum visibility and easy access, making it ideal for a variety of businesses. Zoned C-2 Commercial, this property allows for multiple business opportunities, including auto sales, retail, office space, and more. With ample space and a strategic location, this is a rare investment opportunity that won’t last long. Don’t miss out on this high-potential commercial property—contact us today!
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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.
Price history
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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
$397,000
$746 per sq ft
Size
532 sq ft
Time on market
316 days
Year built
1959
Monthly payment
About $2,478/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,500 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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