PRICE IMPROVEMENT!! Unique opportunity to own a true LAKEFRONT 6 unit income property! With 100 feet of frontage on Lake Easy and a large one acre lot, this 4660+ square foot Multi-Family property has something to offer for everyone. Located in the quaint village of Highland Park, this location features a community park, walkable streets for afternoon or morning strolls, old growth and mature landscaping everywhere with that nostalgic feeling of a true neighborhood. Access to Lake Easy provides both fishing and recreation with its sandy bottom and panoramic views. This one-of-a-kind property is a must see to appreciate. All units have leases in place with a total monthly income generating approx. $6850. There are two 2 bedroom/2 bath downstairs units, both lakefront; two upstairs 1 bedroom/1 bath units, both lakefront; and 2 studio units, with no lakefront views. Most units have been recently updated, with only 1 unit needing to be refreshed when there is a tenant turnover (which is rare!)
Property Details
Price:
$799,000
MLS #:
K4902471
Status:
Active
Beds:
6
Baths:
8
Type:
Multi Family
Subtype:
Multi Family (5+)
Subdivision:
HIGHLAND PARK SUB
Neighborhood:
33898lakewales
Listed Date:
Mar 20, 2024
Finished Sq Ft:
4,264
Total Sq Ft:
4,660
Lot Size:
43,085 sqft / 0.99 acres (approx)
Year Built:
1923
Units:
6
See this Listing
Schools
Interior
Appliances
Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
Cooling
Wall/Window Unit(s)
Flooring
Carpet, Ceramic Tile, Hardwood
Heating
Baseboard, Electric
Interior Features
Ceiling Fan(s), Living Room/Dining Room Combo, Split Bedroom
Laundry Features
Common Area, Inside, Laundry Room
Levels
Two
Exterior
Association Amenities
Park, Playground
Community Features
Golf, Park, Playground, Sidewalks
Construction Materials
Stucco, Wood Frame
Exterior Features
Outbuilding, Balcony, Other, Rain Gutters, Storage
Lot Features
Gentle Sloping, In County, Landscaped, Street Dead-End
Other Structures
Shed(s), Storage
Patio And Porch Features
Deck, Patio, Porch
Roof
Other, Shingle
View
Water
Waterfront Features
Lake Front
Financial
HOA Name
863 289-7459
Tax Year
2025
Taxes
$12,067
Map
Community
- Address1854 HIGHLAND PARK DRIVE S UNIT A-F LAKE WALES FL
- SubdivisionHIGHLAND PARK SUB
- CityLAKE WALES
- CountyPolk
- Zip Code33898
Subdivisions in LAKE WALES
Market Summary
Current real estate data for Multi Family in LAKE WALES as of Aug 29, 2026
10
Multi Family Listed
311
Avg DOM
201
Avg $ / SqFt
$571,289
Avg List Price
Property Summary
- Located in the HIGHLAND PARK SUB subdivision, 1854 HIGHLAND PARK DRIVE S UNIT A-F LAKE WALES FL is a Multi Family for sale in LAKE WALES, FL, 33898. It is listed for $799,000 To schedule a showing of MLS#k4902471 at 1854 HIGHLAND PARK DRIVE S UNIT A-F in LAKE WALES, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of LEGACY REAL ESTATE CENTER INC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 1854 HIGHLAND PARK DRIVE S UNIT A-F
LAKE WALES, FL