$375,000

425 E Sessoms Ave Lake Wales, FL 33853

Estimated payment $2,216/month

Total Views 253
4 Beds
3 Baths
685 Sq Ft
$547 Price per Sq Ft

Highlights

  • No HOA
  • Living Room
  • Central Air
  • Bartow Senior High School Rated A-
  • Luxury Vinyl Tile Flooring
  • South Facing Home

About This Home

Welcome to 425 E Sessoms Ave in Lake Wales — a solid income-producing triplex with meaningful recent updates already completed. This property features two 2-bedroom, 1-bath units plus an attached studio apartment, each with private entrances and strong rental appeal. Major improvements include a new roof and new air conditioning units, giving peace of mind and helping reduce long-term maintenance costs. These upgrades make this property especially attractive for investors seeking dependable returns or an owner-occupant interested in house hacking by living in one unit while renting the others. Both 2/1 units offer comfortable layouts with room to personalize. The studio apartment provides an additional income stream suited for long-term rental, traveling professionals, or short-term stays. Conveniently located near downtown Lake Wales, Lake Wailes Park, shopping, dining, medical services, and local employers. Key Highlights:
• Two 2BR/1BA units + One Studio Unit
• New Roof & New A/C Units
• Multiple income streams under one roof
• Separate entrances and flexible rental configurations
• Strong rental demand area close to downtown and community amenities Whether expanding your portfolio or creating a living situation that offsets your mortgage, this property offers flexibility, income, and long-term stability. Schedule your showing today.

Listing Agent

David Fleming

BHHS FLORIDA PROPERTIES GROUP Brokerage Phone: 863-701-2350 License #3525300 Listed on: 11/09/2025

BHHS FLORIDA PROPERTIES GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,877

Year Built

  • Built in 1937

Lot Details

  • 0.31 Acre Lot
  • South Facing Home
  • Property is zoned R-2

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 685 Sq Ft Home
  • Living Room

Flooring

  • Laminate
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Homes

  • Efficiency Studio Dwelling Unit

Utilities

  • Central Air
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lake Wales Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,877

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 685
  • Lot Size Acres: 0.31
  • New Construction: No
  • Year Built: 1937
  • Building Area Total: 1600
  • Lot Size Sq Ft: 13464
  • Status: Active
  • Street Direction: E
  • Ownership: Fee Simple
  • Escrow City: Lakeland
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 547.45
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 1
  • MFR_InLawSuiteDescription: Studio
  • Attribution Contact: 863-701-2350
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Luxury Vinyl
  • Full Bathrooms: 3
  • Interior Amenities: Other
  • Appliances Included: Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Living Area Meters: 63.64

Exterior Features

  • Direction Faces: South
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12105C0565H

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Other
  • Laundry Features: None
  • Sewer: Other
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R-2
  • Parcel Number: 27-30-01-883000-018100
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Lease Restrictions YN: 0
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 2877.34
  • Tax Block: 18
  • Tax Book Number: 1-88A
  • Tax Lot: 10

Multi Family

  • Currency Monthly Rent Amt: 3200.00

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2025 11/09/25 For Sale $375,000 +25.4% $547 / Sq Ft
09/11/2023 09/11/23 Sold $299,000 0.0% $181 / Sq Ft View Prior Sale
08/18/2023 08/18/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $299,000 +121.5% $181 / Sq Ft
11/18/2021 11/18/21 Sold $135,000 -10.0% $82 / Sq Ft View Prior Sale
10/18/2021 10/18/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $150,000 0.0% $91 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $150,000 0.0% $91 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $150,000 0.0% $91 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $150,000 0.0% $91 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $150,000 0.0% $91 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $150,000 -- $91 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: L4957186

Stellar MLS

APN: 273001883000018100