627 Washington Avenue, Lake Wales, FL 33853 (MLS# A11991034)

627 Washington Avenue, Lake Wales, FL 33853

$320,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11991034

Property Type: Residential Income Square Footage: 5,662 Status: Active

Current Price: $320,000 List Date: 3/20/2026 Last Modified: 7/23/2026

Overview

Description

Owner financing available for this remodeled conner DUPLEX with almost 6000 sq ft of land. With 2 apartments unit each with: 2 bedrooms and 1 bathroom, fenced patio & garden, each unit with a private laundry room with washer/dryer, 4 parking spaces, independent Electrical & water Meters. Occupied lease tenants collecting $2400 monthly. This zoning allows you to build two (2) extra apartments for additional income. Remember this is a Duplex so you don't need to have a great income to qualified because the property already adds an income stream on its own and that help you to qualified. With a rate cap of 9%. No HOA, low property tax. just 1 block form I-27 north. Call me I we qualified you. (Owner don't do secondary financing).

Listing Details MLS# A11991034

General Property Information

Number Of Units Total: 2
Property Sub Type: Duplex
Building Area Main: 5662
Living Area Main: 2096
Adjusted Area Main: 1344
Year Built: 1966
Parking Total: 4
Outdoor Living Spaces YN: Yes
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: Existing Survey Electric: Circuit Breakers Fencing: Fenced Flooring: Laminate Property Condition: Resale Structure Type: Duplex Construction Materials: Block Cooling: Central Air Heating: Central; Separate Meters Listing Terms: Cash; Conventional; FHA Possession: Close Of Escrow Roof: Shingle Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Water Source: Public Showing Requirements: Appointment Only Outdoor Living Spaces: Patio; Porch Porch Details: Porch - Open Unit 1 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Other Equipment: Air Conditioning Unit; Fire Sprinklers; Smoke Detector(s) Unit 1 Parking Features: Open Parking Unit 1 Rooms: Kitchen; Laundry Room Unit 2 Appliances: Dryer; Range; Refrigerator; Washer Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 2 Parking Features: Open Parking

Contract Information

Comp Sale YN: No
Original List Price: 360000

Location and Legal

Country: United States
County Or Parish: Polk
County Parish Name: Polk
Street Number: 627
Street Name: Washington
Street Suffix: Avenue
City Name: Lake Wales
Municipal Code: 27
State Or Province: FL
Postal Code: 33853
Postal Code +4: 3162
Postal Zip: 33853
Subdivision Name: Washington Park
Area: 5940 - Other Florida County
Geographic Area: Other
Parcel Number: 272934872500007010
Subdivision Number: 872500
Zoning: Duplex, Tri's, Quad'
Directions: 9 street and washington avenue in lakes wales behind Tropicana juice corporation two blocks from I-27. In the Famous Polk County.

Financial Information

Tax Annual Amount: 4070
Tax Year: 2025
Tax Legal Description: WASHINGTON PARK UNIT NO 2 PB 31 PG 57 BLK 7 LOT 1
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-07-03T02:42:37Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-07-03T02:42:37Z
Status Change Date: 2026-03-31

More Information

Meter Information

Separate Electric Meters YN: Yes

Short Sale Details

Lender Approval: Approved
Short Sale Addendum: No

Income and Expenses

Gross Income: 2400

Ceiling Fan Details

Number Of Ceiling Fans: 2

Storm Protection

Other Protection: Complete
Panel Shutters: Complete

Unit 1 Details

Actual Rent: 1200
Baths Full: Yes
Efficiency YN: No
Furnished: Partially
SqFt: 1048

Unit 1 Lease Description

Currently Leased YN: Yes

Unit 2 Details

Actual Rent: 1200
Baths Full: Yes
Efficiency YN: No
Furnished: Partially
SqFt: 1048

Unit 2 Lease Description

Currently Leased YN: Yes

Price Calculations

Current Price To SqFt: 152.67

Section Details

Parcel Number MLX: 0070

Originating Details

Originating System Key: 446781048
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Electric

Circuit Breakers: Yes

Flooring

Laminate: Yes

Property Condition

Resale: Yes

Documents Available

Existing Survey: Yes

Fencing

Fenced: Yes

Structure Type

Duplex: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

Central: Yes
Separate Meters: Yes

Construction Materials

Block: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes

Roof

Shingle: Yes

Water Source

Public: Yes

Cooling

Central Air: Yes

Showing Requirements

Appointment Only: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Outdoor Living Spaces

Patio: Yes
Porch: Yes

Porch Details

Porch - Open: Yes

Unit 1 Appliances

Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes
Fire Sprinklers: Yes
Smoke Detector(s): Yes

Unit 1 Parking Features

Open Parking: Yes

Unit 1 Rooms

Kitchen: Yes
Laundry Room: Yes

Unit 2 Appliances

Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 2 Parking Features

Open Parking: Yes

Unit 2 Patio/Porch

Patio/Porch: Yes

Listing Office: Most Trusted Investments LLC

Last Updated: July - 23 - 2026

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