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203 N 1ST ST Lake Wales, FL 33853
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Key Details
Sold Price $170,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 2,170 sqft
Price per Sqft $78
Subdivision Rhodesbilt New Center Sub
MLS Listing ID P4908346
Sold Date 02/12/20
HOA Y/N No
Year Built 1950
Annual Tax Amount $1,268
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 80x100
Property Sub-Type Hotel/Motel
Source Stellar MLS
Property Description
Investors welcomed! You have hit the Jack Pot with this hotel/apartment style property. Don't you let this opportunity pass you by to own an income producing building! The property has eight individual units that can be used as a hotel or single one bedroom and bathroom apartments. Walking distance from down town Lake Wales , where shopping, schools , and cafes conveniently located next to the Post Office. High traffic area of Lake Wales , minutes from Highway 60, Highway 27, Highway 17 , did we mention the beautiful Bok tower views and major theme parks that are within minutes of drive time . This property is near to one of the towns historic buildings. Location Location Location this jewel is ready to turn into your pearl in the shell. !
Buyer must verify all info and measurements and the use of this property with the City.
Location
State FL
County Polk
Community Rhodesbilt New Center Sub
Area 33853 - Lake Wales South
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Exterior
Parking Features Common
Utilities Available BB/HS Internet Capable, Electricity Available, Phone Available
Building
Lot Description Corner Lot
Story 1
Foundation Slab
Lot Size Range Up to 10,889 Sq. Ft.
Structure Type Block,Stucco
New Construction false
Others
Ownership Sole Proprietor
Special Listing Condition None
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