Property
ActiveIncome
1/52
$799,000

1854 HIGHLAND PARK DRIVE A-F

Lake Wales, FL 33898
6
Beds
8
Baths
4,264
SqFt
0.99
Acres
STELLAR
#K4902471
Updated: May 27, 2026, 8:38pm

Property Description

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!)
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Included Appliances
DryerElectric Water HeaterRangeRange HoodRefrigeratorWasher

Property Details

Highlights
View
Yes
Waterfront
Yes
Interior
Appliances
DryerElectric Water HeaterRangeRange HoodRefrigeratorWasher
Building Area Total
4660
Cooling
Wall/Window Unit(s)
Flooring
CarpetCeramic TileHardwood
Heating
BaseboardElectric
Interior Features
Ceiling Fan(s)Living Room/Dining Room ComboSplit Bedroom
Laundry Features
Common AreaInsideLaundry Room
Living Area
4264
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
StuccoWood Frame
Foundation Details
Slab
Levels
Two
Living Area Source
Public Records
Living Area Units
Square Feet
Number Of Units Total
6
Roof
OtherShingle
Year Built
1923
Site & Exterior
Exterior Features
OutbuildingBalconyOtherRain GuttersStorage
Flood Zone Code
X
I D X Participation
Yes
Lot Features
Gentle SlopingIn CountyLandscapedStreet Dead-End
Lot Size Acres
0.99
Lot Size Area
43085
Lot Size Dimensions
100 x 370
Lot Size Square Feet
43085
Lot Size Units
Square Feet
Other Structures
Shed(s)Storage
Patio And Porch Features
DeckPatioPorch
Public Survey Range
27
Public Survey Section
13
Road Frontage Type
Street Dead-EndStreet Paved
Road Surface Type
PavedAsphalt
Sewer
Septic Tank
Total Acreage
1/2 to less than 1
Utilities
Cable AvailableElectricity ConnectedStreet LightsWater Connected
View
Water
Water Access
Yes
Water Body Name
LAKE EASY
Water Extras
Yes
Water Source
Private
Water View
Yes
Waterfront
Yes
Waterfront Features
Lake Front
Waterfront Feet Total
100
Zoning
R-2
Financials
Calculated List Price By Calculated Sq Ft
187.38
Contract Status Change Date
2024-03-20
Current Price
799000
Existing Lease Type
Net
Feed Types
BBO
Lease Considered
Yes
Lease Term
12 Months
Minimum Lease
No Minimum
Owner Name
S AND A LIMITED LLC
Ownership
Fee Simple
Parcel Number
273013927000000690
Public Survey Township
30
Tax Annual Amount
12067
Tax Book Number
4-70
Tax Legal Description
HIGHLAND PARK SUB PB 4 PG 70 S13 T30 R27 IN SEC 24 T30 R27 IN SEC 18 T30 R28 IN SEC 19 T30 R28 LOT 69 & ST SOUTH OF SAME & RIPARIAN RIGHTS
Tax Lot
69
Tax Year
2025
Total Actual Rent
6849

Neighborhood & Lifestyle

Community & Association
Association Amenities
ParkPlayground
Association Name
863 289-7459
Community Features
GolfParkPlaygroundSidewalks
M L S Area Major
33898 - Lake Wales
Pets Allowed
Yes
Subdivision Name
HIGHLAND PARK SUB
Listing provided courtesy of STELLAR via IDX. Updated: May 27, 2026, 8:38pm.
Dolores Vogel

Listing Agent

LEGACY REAL ESTATE CENTER INC

Call Agent