232 E St Lake Wales, FL 33853
Estimated payment $1,248/month
Highlights
- No HOA
- Tile Flooring
- Fenced
About This Home
Calling All Visionary Investors! Total Renovation Required! This property presents a blank canvas for the savvy developer or investor looking to capitalize on significant upside potential.
The building has solid frame, roof replaced in 2024 and fresh outside paint in 2024. Enjoy easy access to downtown, Close proximity to schools and amenities
This building requires a comprehensive overhaul, offering the ultimate creative freedom to design and build to current market demands and personal vision. This property will require a zoning review. This process, while requiring due diligence, can unlock substantial value for the discerning investor. With vision and expertise, this property offers the chance to create significant equity and strong returns in a market demanding quality housing.
Listing Agent
Song Yang
CENTURY 21 BE3 Brokerage Phone: 727-596-3343 License #3613243 Listed on: 10/20/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,465
Year Built
- Built in 1976
Lot Details
- 5,807 Sq Ft Lot
- Lot Dimensions are 137x42
- Fenced
Parking
- Off-Street Parking
Home Design
- 2,100 Sq Ft Home
- Duplex
- Fixer Upper
- Slab Foundation
- Shingle Roof
- Block Exterior
Flooring
- Concrete
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Bathrooms
Schools
- Spook Hill Elementary School
- Mclaughlin Middle School
- Frostproof Middle - Senior High School
Utilities
- No Cooling
- No Heating
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 9 / B
- Assessor Parcel Number 27-29-35-880000-006090
Community Details
Overview
- No Home Owners Association
- 2,100 Sq Ft Building
- Lincoln Park Add Subdivision
Pet Policy
- Pets Allowed
Building Details
- Operating Expense $25,900
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,465 | $53,111 | -- | -- |
| 2024 | $1,401 | $48,283 | -- | -- |
| 2023 | $1,401 | $43,894 | $0 | $0 |
| 2022 | $2,265 | $39,904 | $0 | $0 |
| 2021 | $1,272 | $36,276 | $0 | $0 |
| 2020 | $1,088 | $32,978 | $3,931 | $29,047 |
| 2018 | $1,490 | $51,003 | $3,931 | $47,072 |
| 2017 | $1,488 | $51,135 | $0 | $0 |
| 2016 | $2,376 | $49,149 | $0 | $0 |
| 2015 | $999 | $46,176 | $0 | $0 |
| 2014 | $1,094 | $49,991 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/23/2025 12/23/25 | Price Changed | $215,000 | -6.5% | $102 / Sq Ft |
| 11/29/2025 11/29/25 | For Sale | $230,000 | 0.0% | $110 / Sq Ft |
| 11/24/2025 11/24/25 | Pending | -- | -- | -- |
| 11/10/2025 11/10/25 | For Sale | $230,000 | 0.0% | $110 / Sq Ft |
| 11/05/2025 11/05/25 | Pending | -- | -- | -- |
| 10/20/2025 10/20/25 | For Sale | $230,000 | -- | $110 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $45,000 | Florida Select Title Llc | |
| Warranty Deed | $20,000 | Florida Select Title Llc |
Source: Stellar MLS
MLS Number: W7880019
APN: 27-29-35-880000-006090
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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