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Active Residential

1021 COHASSETT AVENUE

Lake Wales, FL 33853

STELLAR #P4939125 Updated: Jun 25, 2026, 11:38pm
$397,000
8 Beds • 4 Baths • 2,188 SqFt
Property
ActiveResidential
1/4
$397,000

1021 COHASSETT AVENUE

Lake Wales, FL 33853
8
Beds
4
Baths
2,188
SqFt
0.53
Acres
STELLAR
#P4939125
Updated: Jun 25, 2026, 11:38pm

Property Description

This multifamily investment property is strategically located in Lake Wales just off State Road 60, a major east-west corridor connecting Lake Wales to Lakeland and the broader Polk County market. The property is also just minutes from US Highway 27, providing convenient access to Lakeland as well as northbound routes to Davenport, Interstate 4, Celebration, and Kissimmee.

The property consists of four income-producing rental units, including:

One 3-bedroom unit currently leased for $1,200 per month
One 2-bedroom unit currently leased for $850 per month
One 1-bedroom unit currently leased for $850 per month
One detached cottage currently leased for $850 per month

All tenants are responsible for their own electric and water utilities, helping to minimize owner operating expenses. This property offers stable rental income with strong accessibility to major employment centers, transportation routes, and growing Central Florida markets.

Property Details

Interior
Cooling
Wall/Window Unit(s)
Interior Features
Ninguno
Living Area
2188
Construction
Building Area Units
Square Feet
Construction Materials
Stucco
Foundation Details
Slab
Living Area Source
Public Records
Living Area Units
Square Feet
Roof
Shingle
Year Built
1950
Site & Exterior
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
0.53
Lot Size Area
23021
Lot Size Square Feet
23021
Lot Size Units
Square Feet
Public Survey Range
27
Public Survey Section
12
Road Surface Type
Asphalt
Total Acreage
1/2 to less than 1
Utilities
Electricity ConnectedWater Connected
Water Source
See Remarks
Zoning
R-3
Financials
Calculated List Price By Calculated Sq Ft
181.44
Contract Status Change Date
2026-06-22
Current Price
397000
Feed Types
BBO
Owner Name
BK PROPERTIES OF CENTRAL FLORIDA LLC
Ownership
Fee Simple
Parcel Number
273012921000004080
Public Survey Township
30
Tax Annual Amount
2811
Tax Block
D
Tax Book Number
10-41A
Tax Legal Description
LAKE WALES HIGHLAND HEIGHTS ADDITION PB 10 PGS 41A AND 41B BLK D LOT 8
Tax Lot
8
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33853 - Lake Wales South
Subdivision Name
LAKE WALES HIGHLAND HEIGHTS ADD
Listing provided courtesy of STELLAR via IDX. Updated: Jun 25, 2026, 11:38pm.
David Reyes

Listing Agent

KELLER WILLIAMS REALTY SMART 1

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