$799,000
Original: $899,000 ▼ Price reduced

1854 HIGHLAND PARK DR S #A-F, Lake Wales, FL 33898

Active
6
Beds
8
Baths
4,264
Sq Ft
$187
Per Sq Ft
1923
Built
749
Days Listed

About This Property

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

TypeMulti-Family 5+
Lot0.99 ac
PoolNo
WaterfrontYes
SubdivisionHIGHLAND PARK SUB
HOANo
Tax/yr$12,067
HeatingBaseboard, Electric
CoolingWall/Window Unit(s)
FlooringCarpet, Ceramic Tile, Wood
RoofOther, Shingle

Listed by LEGACY REAL ESTATE CENTER INC · MLS# K4902471

Similar Homes in 33898

View all Multifamily For Sale in 33898 →

Recently Sold in 33898

🏠
$352,069
1219 HICKORY NUT DR, 33898
4 bd · 2 ba · 2,169 sqft
Sold Jun 2026
162 MYRTLE RD
$140,000
162 MYRTLE RD, 33898
3 bd · 3 ba · 912 sqft
Sold Jun 2026
211 GLENWOOD DR
$132,000
211 GLENWOOD DR, 33898
2 bd · 2 ba · 1,348 sqft
Sold Jun 2026

Properties displayed may be listed or sold by various participants in the MLS

More in Lake Wales


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved. Data deemed reliable but not guaranteed. Last updated: 2026-05-27.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Schedule a Showing
Rise Team · LPT Realty, LLC
Mike Valdes
Mike Valdes
Rise Team · LPT Realty
(813) 548-5618
Browse More

Monthly Payment

Estimate your all-in monthly cost.

%
%
EST. MONTHLY PAYMENT

Estimate only. Taxes, insurance, and HOA may vary.

🔔

Get notified of similar listings

Be the first to know when a similar home hits the market.

Sign up free to get alerts

Already a member? Log in

Property photo
🤖

Rise AI Assistant

Ask anything about this listing