$1,650,000
- 6 Beds
- 10 Baths
- 8,480 Sq Ft
244 E Park Ave, Lake Wales, FL 33853
Dolores Vogel LEGACY REAL ESTATE CENTER INC
$1,650,000
244 E Park Ave, Lake Wales, FL 33853
Dolores Vogel LEGACY REAL ESTATE CENTER INC
$260,000
130 E Northside Dr, Lake Wales, FL 33853
Juarlonda Gosier Lokation
$550,000
240 Dr M L King Jr Blvd, Lake Wales, FL 33853
Albert Kirkland TOWN & COUNTRY REAL ESTATE
$539,000
428 E Johnson Ave Unit 6, Lake Wales, FL 33853
Steven Koleno BEYCOME OF FLORIDA LLC
$525,000
315 D St Unit 1-4, Lake Wales, FL 33853
Cynthia White LIVE FLORIDA REALTY
$240,000
342 E Tillman Ave, Lake Wales, FL 33853
Peter Macera MACERA REALTY GROUP INC
$428,959
26 W Polk Ave, Lake Wales, FL 33853
Matt Mesimer KELLER WILLIAMS REALTY SMART 1
$824,900
1854 Highland Park Dr S Unit A-F, Lake Wales, FL 33898
Dolores Vogel LEGACY REAL ESTATE CENTER INC
$299,999
485 D St, Lake Wales, FL 33853
Alysa Casorla EXIT KING REALTY
$205,000 New Construction
2885 Attwater Loop, Winter Haven, FL 33884
Michelle Urena REALTY OF AMERICA
Lake Wales, located in Polk County, Florida, is a small city with a population of 17,000. The city is undergoing significant revitalization, including an $18 million upgrade to its historic downtown, enhancing walkability and preserving open spaces. The downtown area features local shops and eclectic eateries, with popular dining spots like Manny’s Original Chophouse and Crazy Fish. The economy, traditionally anchored by the citrus industry, is diversifying with new manufacturing jobs, such as the Advanced Drainage System's pipe-making facility. Recreational attractions are abundant, including Lake Wailes Park Trail, Linton Sports Complex, and Lake Wales Country Club. Bok Tower Gardens, a botanical garden with a carillon tower, offers concerts and community events. The nearby River Ranch community provides hunting and camping opportunities. Housing options range from older homes in walkable areas to larger homes on waterfronts and golf courses. The Lake Ashton 55-plus community is particularly sought after. Lake Wales Senior High School, part of the local charter school district, is highly rated and partners with Bok Tower Gardens for specialized courses. The city is connected to Central Florida destinations via several main roads, with Orlando International Airport about 40 miles away. Crime rates have decreased, with violent crime falling by 33 percent and property crime by 8 percent from 2022 to 2023.
On average, homes in Lake Wales, FL sell after 74 days on the market compared to the national average of 52 days. The median sale price for homes in Lake Wales, FL over the last 12 months is $274,190, up 2% from the median home sale price over the previous 12 months.
In Lake Wales, there are currently 10 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $205,000 to $1,650,000, there's a range to accomodate every budget. As of September, 2025 the median home price in Lake Wales is $287,990, while the average sale price is $274,412, offering insights into the local housing market. On average, multi-family homes spend 74 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Lake Wales, FL.