THIS PROPERTY WON’T LAST LONG WITH A MAJOR $229,000 PRICE REDUCTION! 3 UNIT MULTIFAMILY OPPORTUNITY WITH CANAL FRONTAGE LEADING TO LAKE-WALK-IN WATER. Located at the end of a private, dead-end street with 164 ft of canal frontage, this unique 0.54-acre mul

9035 TEMPLE DRIVE, Lake Wales

$229,000 USD
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Address9035 TEMPLE DRIVE, Lake Wales
Building NameWIndian Lake Heights Sub
Type of PropertyTriplex
Property StyleTriplex
Price$229,000
Previous Price$254,000 (34 days ago)
Property StatusActive
MLS NumberA11919610
Year Built1989
Folio Number29-31-05-000000-023030
Zoning InformationR-3
Days on Market127

Detailed Description: THIS PROPERTY WON’T LAST LONG WITH A MAJOR $229,000 PRICE REDUCTION! 3 UNIT MULTIFAMILY OPPORTUNITY WITH CANAL FRONTAGE LEADING TO LAKE-WALK-IN WATER. Located at the end of a private, dead-end street with 164 ft of canal frontage, this unique 0.54-acre multi-family property offers direct access to the 7,500-acre Lake Walk-In-Water—nationally renowned for its trophy bass fishing. Zoned R-3, this property features three existing units and the infrastructure to add a fourth, making it the ultimate versatile asset. CHOOSE YOUR STRATEGY: 1) The value-add investment at the newly reduced price of $229,000! The property generates $2,075 / month ( $24,900 / year) from just two occupied units (Units A and C), with tenants paying their own utilities. IMMEDIATE UPSIDE: Lease the currently vacant Unit B ( $750.00 / month) $33,900.00 / year unlocking a massive DOUBLE-DIGIT CAP RATE! 2) The Waterfront “House Hacker” Stop paying a mortgage and start getting paid to live on the water. You can immediately

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Address Information
StateFlorida
CityLake Wales
CountyPolk County
Zip Code33898
Address9035 TEMPLE DRIVE
Section5
Financial Information
Price$229,000
Price per Foot$0
Previous Price$254,000
Folio Number29-31-05-000000-023030
Tax Amount$2,780
Tax Year2024
Full Descriptions
Detailed DescriptionTHIS PROPERTY WON’T LAST LONG WITH A MAJOR $229,000 PRICE REDUCTION! 3 UNIT MULTIFAMILY OPPORTUNITY WITH CANAL FRONTAGE LEADING TO LAKE-WALK-IN WATER. Located at the end of a private, dead-end street with 164 ft of canal frontage, this unique 0.54-acre multi-family property offers direct access to the 7,500-acre Lake Walk-In-Water—nationally renowned for its trophy bass fishing. Zoned R-3, this property features three existing units and the infrastructure to add a fourth, making it the ultimate versatile asset. CHOOSE YOUR STRATEGY: 1) The value-add investment at the newly reduced price of $229,000! The property generates $2,075 / month ( $24,900 / year) from just two occupied units (Units A and C), with tenants paying their own utilities. IMMEDIATE UPSIDE: Lease the currently vacant Unit B ( $750.00 / month) $33,900.00 / year unlocking a massive DOUBLE-DIGIT CAP RATE! 2) The Waterfront “House Hacker” Stop paying a mortgage and start getting paid to live on the water. You can immediately
How to ReachHead north on FL-17, turn south on T S Wilson Rd. In 5. 4 miles turn right on Blue Jordan Rd and continue straight onto walker in water rd, turn right onto Boat Landing Rd then right on Tiger Creek Rd, arrived to destination 0. 2 miles on the left.
Water AccessDock Available
Waterfront DescriptionCanal Front
Roof DescriptionMetal Roof
Floor DescriptionWood
Cooling DescriptionWall / Window Unit (s)
Heating DescriptionWindow / Wall
Water DescriptionWell
Sewer DescriptionOther
Property parameters
Zoning InformationR-3
Year Built1989
Type of PropertyTriplex
StyleTriplex
Building NameWIndian Lake Heights Sub
Development NameWIndian Lake Heights Sub
Construction TypeConcrete Block Construction
Stories Number1.000
Listed withLPT Realty, LLC