Unique opportunity to own a true LAKEFRONT 6 unit income property! With 100 feet of frontage on Lake Easy and a large one acre lot, this 4660+ square foot Multi-Family property has something to offer for everyone. Located in the quaint village of Highland Park, this location features a community park, walkable streets for afternoon or morning strolls, old growth and mature landscaping everywhere with that nostalgic feeling of a true neighborhood. Access to Lake Easy provides both fishing and recreation with its sandy bottom and panoramic views. This one-of-a-kind property is a must see to appreciate. All units have leases in place with a total monthly income generating approx $6895. There are two 2 bedroom/2 bath downstairs units, both lakefront; two upstairs 1 bedroom/1 bath units, both lakefront; and 2 studio units, with no lakefront views. Most units have been recently updated, with only 1 unit needing to be refreshed when there is a tenant turnover (which is rare!)
For sale
Price cut: $25K (7/25)
$824,900
1854 Highland Park Dr S #A-F, Lake Wales, FL 33898
3beds
4baths
4,264sqft
Est.:
Multi Family
Built in 1923
-- sqft lot
$-- Zestimate®
$193/sqft
$-- HOA
What's special
Large one acre lotSandy bottomPanoramic views
- 526 days
- on Zillow |
- 154 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: July 25, 2025 at 10:25am
Listing Provided by:
Dolores Vogel 863-632-5573,
LEGACY REAL ESTATE CENTER INC 863-676-0200
Source: Stellar MLS,MLS#: K4902471
Originating MLS: Lake Wales

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
Heating
- Baseboard, Electric
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
- Laundry: Common Area, Inside, Laundry Room
Features
- Ceiling Fan(s), Living Room/Dining Room Combo, Split Bedroom
- Flooring: Carpet, Ceramic Tile, Hardwood
- Has fireplace: No
Interior area
- Total structure area: 4,660
- Total interior livable area: 4,264 sqft
Video & virtual tour
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio, Porch
- Exterior features: Balcony, Other, Rain Gutters, Storage
- Has view: Yes
- View description: Water, Lake
- Has water view: Yes
- Water view: Water,Lake
- Waterfront features: Lake Front, Lake Privileges, Skiing Allowed
- Body of water: LAKE EASY
Lot
- Size: 0.99 Acres
- Dimensions: 100 x 370
- Features: Gentle Sloping, In County, Landscaped, Street Dead-End
Details
- Additional structures: Shed(s), Storage, Outbuilding
- Parcel number: 273013927000000690
- Zoning: R-2
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Stucco, Wood Frame
- Foundation: Slab
- Roof: Other,Shingle
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Septic Tank
- Water: Private
- Utilities for property: Cable Available, Electricity Connected, Street Lights, Water Connected
Community & HOA
Community
- Features: Golf, Park, Playground, Sidewalks
- Subdivision: HIGHLAND PARK SUB
HOA
- Has HOA: No
- Amenities included: Park, Playground
- HOA name: 863 289-7459
- Pet fee: $0 monthly
Location
- Region: Lake Wales
Financial & listing details
- Price per square foot: $193/sqft
- Annual tax amount: $10,168
- Date on market: 3/20/2024
- Cumulative days on market: 526 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Lease term: 12 Months
- Total actual rent: 0
- Tenant pays: Electricity
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
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