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About this home
1725 Old Bartow Rd is a 1973-built home in Not IN Subdivision, Lake Wales. Inside you'll find 6 bedrooms, 5 bathrooms, and 2,604 square feet of living space. Listed at $350,000 (about $134/sqft), 148 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Zoned C-3! .83 acre, 267' of Highway 60 Road frontage! Unique and rare opportunity to own a Multifamily concrete building with 4 units plus a single wide mobile home on almost an acre of land Located on Highway 60 Lake Wales in Polk County! The sale also includes a detached enclosed storage building 34x25, a well water system in its own secured enclosed area, newer septic tank, new roof in 2023 on the main building, bathrooms remodeled, interior paint. 2 units upstairs and 2 units downstairs plus 732 square feet of the mobile home. Could be used for commercial purposes as it is located within a Commercial Future Land Use, Selected Area Plan (SAP). The property is a legal Non-Conforming due to having Multiple Primary Residences within a Commercial Land Use. Check with the county for possibilities as the property is adjacent to a commercial property. Tenant has their own electric meter with the exception of the storage unit and studio share same meter currently. The tenants have the well and septic at no cost to them.
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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
$350,000
$134 per sq ft
Beds and baths
6 beds, 5 baths
Size
2,604 sq ft
Time on market
148 days
Year built
1973
Monthly payment
About $2,429/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,143 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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