9035 Temple Drive, Lake Wales, FL 33898

Lake Wales
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
9035 Temple Drive,Lake Wales, FL 33898
$229,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: tania bobe
Office: lpt realty, llc.
MLS#:A11919610
Source:SEFMLS

Price summary

  • Price:$229,000

About this home

THIS PROPERTY WON’T LAST LONG WITH A MAJOR $229,000 PRICE REDUCTION! 3 UNIT MULTIFAMILY OPPORTUNITY WITH CANAL FRONTAGE LEADING TO LAKE-WALK-IN WATER. Located at the end of a private, dead-end street with 164 feet of canal frontage, this unique 0.54-acre multi-family property offers direct access to the 7,500-acre Lake Walk-In-Water—nationally renowned for its trophy bass fishing. Zoned R-3, this property features three existing units and the infrastructure to add a fourth, making it the ultimate versatile asset. CHOOSE YOUR STRATEGY: 1) The value-add investment at the newly reduced price of $229,000! The property generates $2,075/month ($24,900/year) from just two occupied units (Units A and C), with tenants paying their own utilities. IMMEDIATE UPSIDE: Lease the currently vacant Unit B ($750.00/month) $33,900.00/year unlocking a massive DOUBLE-DIGIT CAP RATE! 2) The Waterfront "House Hacker" Stop paying a mortgage and start getting paid to live on the water. You can immediately...

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Home facts

  • Year built:1989
  • Listing ID #:A11919610
  • Updated:March 31, 2026 at 11:31 PM

Rooms and interior

  • Flooring:Hardwood, Wood

Heating and cooling

  • Cooling:Wall/Window Units
  • Heating:Wall Furnace

Structure and exterior

  • Roof:Metal
  • Year built:1989
  • Construction Materials:Block
  • Levels:1 Story

Utilities

  • Water:Well

Finances and disclosures

  • Price:$229,000
  • Tax amount:$2,780 (2024)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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