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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
Construction Status Other Contract Contingencies
HOA Y/N No
Year Built 1950
Annual Tax Amount $1,268
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 80x100
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
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Exterior
Garage Common
Utilities Available BB/HS Internet Capable, Electricity Available, Phone Available
Waterfront false
Parking Type Common
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
Construction Status Other Contract Contingencies
Others
Ownership Sole Proprietor
Special Listing Condition None
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Bought with KELLER WILLIAMS REALTY SMART 1