130 Northside, Lake Wales, FL
Listing courtesy of Simon Gray Realty LLC (Penny Dias). Contact: [email protected].
About this property
This lakefront multi-family property in the heart of Lake Wales presents a rare opportunity for both savvy investors and future owner-occupants alike. Delivering an impressive ~about 8% cap rate with an all-cash purchase—and closer to about a 9% cap with just 20% down at today's prevailing rates—this is a strong income-producing asset with immediate upside. Even more compelling, for those looking to live in one unit, the numbers make ownership more affordable than renting, while the second unit helps offset your mortgage. The property offers two well-designed 2-bedroom, 1-bath units with open-concept living, generous outdoor space, and desirable lakefront appeal with no HOA. While a new roof is needed, the seller is offering a $10,000 concession with a full-price offer
Property facts
- Sqft
- 1,831
- Year Built
- 1938
- Location
- Lake Wales, FL 33853
- County
- Polk County
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Interested in this property?
Contact Anthony Conners at Atlantic Commercial Advisors to schedule a showing or learn more.
Listing data courtesy of Miami REALTORS® / Southeast Florida MLS. This site is operated by Anthony Conners, Atlantic Commercial Advisors, KW Commercial. Atlantic Commercial Advisors is not the listing broker unless stated.
Listing data last updated Jul 4, 2026, 1:01 PM ET.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS.
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