130 E Northside Drive, Lake Wales, FL 33853 (MLS# B26042757)

130 E Northside Drive, Lake Wales, FL 33853

$255,000

Virtual Tour

https://www.propertypanorama.com/130-E-Northside-Drive-Lake-Wales-FL-33853--B26042757/unbranded

Property Type: Residential Income Square Footage: 1,831 Status: Active

Current Price: $255,000 List Date: 6/18/2026 Last Modified: 6/18/2026

Overview

Description

This lakefront multi-family property in the heart of Lake Wales presents a rare opportunity for both savvy investors and future owner-occupants alike Deliverina an imprecsive wabout 8% can rate with an all-cash nurchase_and closer to about a 9% cap with just 20% down at today's prevailing rates —this is compellina. for those looking to live in one unit. the numbers make ownership more affordable than rentina. while the second unit helns offset vour mortaage The property offers two well-designed 2-bedroom, 1-bath units with open-concept living, generous outdoor space, and desirable lakefront appeal with no HOA. While a new roof is needed. the seller is offerina a $10.000 concession

Listing Details MLS# B26042757

General Property Information

Number Of Units Total: 2
Property Sub Type: Duplex
Building Area Main: 1831
Building Area Source: Appraiser
Living Area Main: 1455
Living Area Source: Appraiser
Accessibility Features YN: No
Year Built: 1938
Parking Total: 6
Gated Community YN: No
Lot Size Area: 10197
Lot Size Acres: 0.23
Senior Community YN: No
Land Lease YN: No
Recreation Lease YN: No
Waterfront YN: Yes
Stories Total: Yes
Stories: Yes
Pool Private YN: No
LP/Assessed Value: 1.47

Property Features

Documents Available: Copy Of Lease(s) Exterior Features: None Flooring: Wood Property Condition: Resale Special Listing Conditions: Standard Structure Type: Duplex Tenant Pays: Cable TV; Electricity; Gas; Water Construction Materials: Other Cooling: Central Air Heating: Electric Levels: One Listing Terms: 1031 Exchange; Cash; Conventional; FHA; VA Loan Pets Allowed YN: No Possession: Negotiable Restrictions: No Smoking Roof: Shingle Sewer: Public Sewer Sprinkler Description: None Tax Information: Other Exemption Utilities: Electricity Connected; Water Connected Water Source: Public Water View: Lake Waterfront Features: Lake Front Showing Requirements: 24 Hour Notice; Appointment Only Unit 1 Appliances: Dishwasher; Range; Refrigerator Unit 1 Other Equipment: Other Equipment Unit 1 Parking Features: Parking Space Unit 1 Rooms: Family Room; Kitchen Unit 2 Appliances: Dishwasher; Range; Refrigerator Unit 2 Other Equipment: Other Equipment Unit 2 Parking Features: Parking Space Unit 2 Rooms: Kitchen Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 255000
Negotiable Seller Concessions YN: Yes
Listing Service: Full Service

Location and Legal

Country: United States
County Or Parish: Polk
Street Number: 130
Street Direction Prefix: E
Street Name: Northside
Street Suffix: Drive
Municipality Type: Incorporated
State Or Province: FL
Postal Code: 33853
Subdivision Name: NORTHSIDE HEIGHTS
Area: 5940 - Other Florida County
Geographic Area: Other
Special Assessment YN: No
Parcel Number: 342927875300001120
Subdivision Number: 875300
Zoning: R3
Flood Zone: AE,X

Financial Information

Master Association YN: No
Tax Annual Amount: 3631.09
Tax Year: 2025
Tax Assessed/SOH Value: 173531
Tax Legal Description: NORTHSIDE HEIGHTS PB 36 PG 48 BLK A LOT 12
Assessor Market Value: 201960
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-06-18T18:05:32Z
Major Change Type: New Listing
Status Change Date: 2026-06-18

More Information

Leasing Permitted Details

Leasing Permitted YN: No

Meter Information

Separate Electric Meters YN: No
Separate Gas Meters YN: No
Separate Water Meters YN: No
Number Of Meters Total: 2

Unit 1 Details

Actual Rent: 1200
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 915

Unit 1 Lease Description

Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2026-07-31

Unit 1 Parking Details

Carport YN: No
Garage YN: No

Unit 2 Details

Actual Rent: 1275
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 915

Unit 2 Lease Description

Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2027-03-30
Occupant Type: Tenant

Unit 2 Parking Details

Carport YN: No
Garage YN: No

Unit 3 Details

Efficiency YN: No
Furnished: Unfurnished

Price Calculations

Current Price To SqFt: 175.25

Originating Details

Originating System Key: 20260618173042108175000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Exterior Features

None: Yes

Flooring

Wood: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Standard: Yes

Documents Available

Copy Of Lease(s): Yes

Structure Type

Duplex: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes
Gas: Yes
Water: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Electricity Connected: Yes
Water Connected: Yes

Heating

Electric: Yes

Sprinkler Description

None: Yes

Water View

Lake: Yes

Construction Materials

Other: Yes

Levels

One: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Roof

Shingle: Yes

Water Source

Public: Yes

Waterfront Features

Lake Front: Yes

Cooling

Central Air: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes

Pets Allowed YN

No: Yes

Restrictions

No Smoking: Yes

Tax Information

Other Exemption: Yes

Unit 1 Appliances

Dishwasher: Yes
Range: Yes
Refrigerator: Yes

Unit 1 Other Equipment

Other Equipment: Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 1 Patio/Porch

Patio/Porch: Yes

Unit 1 Rooms

Family Room: Yes
Kitchen: Yes

Unit 2 Appliances

Dishwasher: Yes
Range: Yes
Refrigerator: Yes

Unit 2 Other Equipment

Other Equipment: Yes

Unit 2 Parking Features

Parking Space: Yes

Unit 2 Patio/Porch

Patio/Porch: Yes

Unit 2 Rooms

Kitchen: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes
Less Than 1 Acre Lot: Yes

Listing Office: Simon Gray Realty LLC

Last Updated: June - 18 - 2026

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